The fact that most professional athlete get paid more than the president is crazy. Why are professional athletes paid so much? One of the reason for that is marginal revenue. Marginal revenue is the additional Revenue gained from selling one more unit. So, every time a consumer demands one more unit, the Firm sells one more unit and the revenue goes up by exactly the same amount equal to the market price. Basically, the players produce millions and the get a nice paycheck for their contribution because the labor profits the owners and anyone else who depends on the team success. Marginal revenue does not change as the players produce more output because the amount paid is determined by supply and demand and does not change as players play more.
This scholarly article by Debra Blum attempts to legitimize the argument that athletes should be compensated for their hard work from the perspective of former Duke University player Dick DeVenzio. It describes his struggle in day to day life and shows that players need to receive compensation to survive. This source provides primary source evidence for my argument.
College athletes should be paid monetarily as well as with scholarships. Colleges are benefiting of big time players by selling their jerseys without their names on it to avoid paying the athletes but the NCAA looked silly “when Jay Bilas, a veteran ESPN analyst, former Duke basketball player and vocal critic of the NCAA, took to Twitter to point out that although schools cannot sell a player's jersey with his name on the back, if you typed Manziel into a search box on ShopNCAASports.com a No. 2 Texas A&M jersey pops up, available for up to $64.95. (Manziel wears No. 2.) (Davis).”Since college athletes can not get sponsorships their name can’t be on the jerseys that are sold to the fans even though you could still find their jersey by looking
The industry of collegiate sports is a billion dollar business. Each year the biggest, most popular colleges receive massive amounts of money from hundreds of the most popular names and companies. It is highly overlooked that the profits being made is all in part to the elite performances of their top athletes. With it being absolutely no secret that these players never receive even a penny of these earnings. A majority of the best athletes are playing with a full-ride scholarship in their back pocket, so people automatically think that that alone should be more than enough to get them through college and be satisfied. But as time goes on and the idea of presenting pay to these young adults becomes more and more talked about, it is considered
Personally, I think there is a lot of problem with NCAA, at first I agree with the NCAA why they don’t want to pay the students athlete. Like the NCAAn says their student because they students they shouldn’t get pay like professional cause they still amateur, but the more I watch the video the more my mind started to change. They call the student athletes armature because of that they can’t get pay. Another word, they saying their students if they pay them that would take away they tittle as students and be professional not as students’ athlete. But That confuse me a lot if they see them as student, why don’t they let them be students first? If they not paying them because their student than they should let them be student first. I know They
College sports are a big thing in America. Almost every student goes to college after high-school. In high-school most athletes play more than one sport. They play football, basketball and run track or play baseball as well. After the students get done with high-school they move over to college. College sports are way different than high-school sports. Athletes spend more time on college sports than they did on high-school sports. In College they play just one sport, not like in high-school where they play many different sports. College athletes spend about 40 hours per week on their sport and they also have to manage the academic part of college. That means college students are really busy during their season. Most of the time college athletes are there on a scholarship, which means that they don’t have to pay quite as much as normal students. So the athletes basically played sports so they don’t have to pay too much for college. Most college athletes don’t think a scholarship is enough, and therefore should be paid to play college sports because they don’t have time to work, the risks to get injured are high, it is not afforced for some students.
Many people go to work for an average of 40 hours a week to earn money to provide for themselves and their families, but many jobs are going with any payment in return. College athletes spend 50 hours a week practicing their sports, according to Nocera. This equates to more than a full time job. Many athletes see their sport as a job, an unpaid job. College athletes should be paid for playing sports at their universities. Many universities get high amount of revenue from sports, for example the profit from football is in the millions. Some colleges even accommodate 40 million in football earnings, but none of these revenues are given to the football players. Furthermore, many college athletes have tougher lives than those in the professional
The bulk of the Free Agency period in the NFL has wrapped up. Many of these athletes signed lucrative multimillion dollar contracts. Nate Solder, a guard for the New York Giants, signed a contract worth $62 million over four years with 34.8 million guaranteed (Nate Solider). For some in the football world this seems like a great investment while for others outside of football it seems like an overpay. These individuals might think that paying someone $62 million to play football is outrageous, but in reality, most of them deserve every penny of it because they are irreplaceable, increase the economy around the area and distribute money from owners.
Picture this: a little four year old boy has met his father maybe once or twice. His father is his hero, there is no doubt he misses his daddy. It has been a year since his father’s two day visit. The boy hears a knock at his preschool classroom door one day and he watches as his teacher answers the door. There stands his hero, crying walking toward him in combat boots and gear. His arms stretched wide, he embraces his four year old. Military men and women should get paid more than professional athletes. The salary difference between pro athletes and soldiers is wrong. It’s an issue of respect, luxury vs. inhumane conditions.
On September 11, 2005 hundreds of NFL players took the field to play a game. At the same time, thousands of emergency workers worked throughout the day and night in New Orleans and the Mississippi Gulf Coast; frantically searching for survivors, tirelessly working to restore power to places that had been without power for weeks and attempting to maintain some degree of law and order in the aftermath of Hurricane Katrina. We live in a society where pro athletes get paid more money in two weeks than a working man makes in two years, or more. Careers in which people obtain the same level of education, and even higher levels of education, get paid less. People who work in careers in moderate to extreme conditions get paid less. Lastly, workers
Every year, thousands of student athletes across the United States sign the National Collegiate Athletic Association’s Form, by signing this student athletes are waving their right to receive payment for the use of their name and image. Like every other college students, student athletes have to devote time to college courses (or supposed too). (McCann)They also to have to devote a lot of extra hours to their certain sport that gains billions of revenue a year for nothing. It is a crime that this is happening and it needs to be changed. I know there are a lot of people who believe a college scholarship is enough compensation but it’s not. Athletes need to be compensated in the money juggernaut machine that is college athletics.
The average pay of a professional athlete is $2.6 million. The NBA is the highest paid being $5 million a year. I believe athletes are paid too much because, they are just doing it for entertainment, it's not a job or something you have to get an education for, and people that are doing good for this country are not getting paid anywhere near as much as a professional athlete. These athletes believe the sport they play is a job, but to me a job is where you do good for your society or where you go to college to get the education.
First of all, athletes and entertainers get paid an excessive net worth, only to play a game. Players for sports associations, such as the NBA or the NFL, get paid over two million dollars a year. That is an excessive amount of money to be awarded for dribbling a basketball down a court or catching a football.
The United States of America is a free country where people should be free to live their dreams. An athlete who is talented and is willing to spend many years training, should be free to earn a large salary. With the large salaries they earn, they pay for their medical bills and other bills they might have. Not only do athletes work hard to earn the money, but they also inspire us. Many jobs would not exist without athletes and their astounding talent.
Only five to six players on each team actually make millions of dollars. Plus they work hard for what they paid, so athletes are paid fairly.
Many people agree that there has been a sense of justice when remunerations of the sports professions are frequently at the top of the highest-paid people. Granted that the careers of athletes are relatively short, commencing from five or six years of age, they may sacrifice the youth, blood, sweat and tear. Their serious attempts deserve fabulous prizes, enviable reputations and a large sum of money.