Are elite athletes/sports men or women being paid too much if not how are there high salaries justified, if so, why, and how could there money be put to better use?
To most people one million dollars a lot of money, to most people one thousand dollars is a lot, but even though it is hard to believe, to some people these figures mean nothing. It is no secret that professional athletes particularly those who play soccer, golf, and race F1 cars make big bucks, but people do not realize to what extent.
Last year tiger woods made 87 million dollars, to put that into perspective that’s 34800 times what George Bush makes a year and he is one of the most influential, powerful people in the world. During Mike Tyson’s match against Peter McNealy he made 281,000 dollars, in a single second. This poses the question, how can he, or anyone for that matter deserve to make that much money?
To become an elite athlete such as Tiger Woods, it is not easy. Statistically it is harder to become a NBA player than to become a brain surgeon. There are some key factors and sacrifices that need to happen to ensure success. Just like if someone was to become a highly successful businessmen or surgeon.
1. You need to be brought up in the right environment, exposed to the way the game works, and the correct technique involved. In Tigers case his father showed him how to play from the age of two. In the case of a businessmen, his father might have told him about the stock market etc also from a young age, this way their education begins early.
2. To most professional athletes, to realize their dream also means to forget about an education, Tiger Woods quit college to pursue a life of a professional golfer.
3. A professional athlete’s career ...
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The money given to the athletes could be used for more probable causes. Recently Alex Rodriguez of the Texas Rangers signed a contract for 252 million dollars over a span of 10 years. This is enough money to feed the nation's poor for a year or to provide a lot more housing and shelters for the homeless. Others could benefit from the millions being wasted on these athletes. Not because the players don’t earn the money but because it could just be better spent on more important issues in our communities.
In closing, these athletes are making too much money in a society that traditionally bases salaries on the value of ones work. These athletes do not know what real work is or how hard it is to make a dollar. Although their job is difficult, they do not play a role in our economy like their salaries indicate. Therefore, they should receive less money.
Do athletes get overpaid? Is it fair that the average NFL player gets paid 1.9 million dollars a year while the average heart surgeon gets paid 533 thousand dollars annually? I think that professional athletes don’t get paid too much. There are multiple reasons that proves that their pay is not excessive. Their careers are short, they risk their body for our entertainment, and they motivate children.
Players do not deserve the money they receive. There are people who do much more than the players do. Why do teachers not get paid millions of dollars to teach kids? Some of those kids end up going on to become professional athletes. Police officers and firemen risk their lives to keep people safe and most of them do not even make any more than 95 thousand dollars a year (Megerian). These athletes get fined more money than that and hand it over like someone just asked them for one dollar. Players have all of this money and do not even do anything worth earning it. Why do they get this money? It is because fans value athletes more than the important things in life like education and family.
...00 dollars. Would there be the same amount of competition and would the sport be as enjoyable for these athletes to play. Not to mention that by going to sporting events we are condoning the payment of these athletes. Now I am a HUGE sports fan as most of you might know. I also am in the sports broadcasting business and I have my own company covering Philadelphia sporting events. That means that I go to games on a press credential and do not line the pockets of the owners and thus the players with my hard earned money. In fact If I was not in the sports broadcasting business, the chance I would attend these games and pay these ludicrous prices that would ultimately lead to these preposterous salaries is highly unlikely. In closing, today I have shown how the amount of money athletes make is unethical to our society. I have given proper examples of criteria that is backed up by proof. I have stated my claim and my case for the subject and have given reasons why I believe athletes salaries are ridiculous. Children of ours should not grow up and think that all they have to do is drink milk to be like Mike or wear Kobe’s shoes to attain his success, rather they must earn it instead.
While he makes much money, he gives back to society. He helps others in need with millions of dollars. Doing this could save many lives. While this may be true, athletes aren’t careful on how they spend the rest of their earnings. For example, Derek Jeter has bought a penthouse and expensive items for other people to adore him (TWC). He could be using this money on situations found all over the world and easily handle his money otherwise, to live an easier life. Greater things can refer to helping homeless families, education, and eradicating disease. Other athletes have done worse, by going bankrupt or using drugs. Most athletes are careless with their own money, and shouldn’t be dealt to handle that much money. In the article, “Are Athletes Overpaid?”, Elizabeth Vollmer stated, “78% of pro football players go broke after retirement and 60% of basketball players lose all their funds within 5 years of retirement.” How can these types of people be trusted with money, if they never learned finance management? These sports play their athletes the most, and they are still wasting it on luxurious items, alcohol, or cars. With this, they not only hurt themselves but the economy. This brings more poor people into the world’s hands to solve. While athletes are given lots of money for a few years, they do not realize to not spend all of it, if they dropped out of school. So, athletes should be paid
In an article called “Do Pro Athletes Get Paid Too Much?” By Justin Hjelm, said the following, “It’s a sad commentary on our social values that theses entertainers are ranking in seven figure salaries while teachers, police officers, and firefighters make less than 1% of the income of some salaries.” Some people sacrifice their lives daily, not only police officers but soldiers too, and they still get paid less than 1% of the income of some salaries as Hjelm said. Another quote form Hjelm said, “Kenny Anderson then a guard for the Boston Celtics complained of not being able to afford the insurance on his 8 cars” With all this money spent on his cars he could of at least gave some for the poor. What do you think? This final quote by Justin Hjelm says the following, “In 1998-99 people from the NBA were crying in poverty and now pro athletes are treated like royalty, and now the real important jobs are earning 1% of what some athletes are being paid” This quote really brings out the aspect that yes, pro athletes are being paid too much and yes, we need to do something about it. Are pro athletes important? Are they making a big difference in the world? I don't think so.
In thirteen years of golf, Tiger Woods has made over a billion dollars making him the highest paid athlete ever. He has been the highest paid athlete now for five years in a row. We all know that many people in the world watch him play every weekend and admire him, but is the amount of entertainment he provides really worth 128 million dollars a year? Tiger is only one of many professional athletes who are extremely overpaid. “People forget that sports is entertainment,” says Leonard Armato, a sports agent. Although professional athletes provide entertainment for millions of viewers around the world, they are overpaid because the millions of dollars that they make could be distributed more evenly throughout society and go to things of a greater cause.
Every day people around the world complain about professional athletes salaries. Even though the top athletes make millions of dollars every year, the majority of athletes do not make any more than the average working class citizen. There are also many risks along with the job, and job security is very unstable. Expenses and taxes also limit the amount of money an athlete makes. Tax rates are extremely high for the men and women who participate in professional sports. The salaries of athletes such as Rafael Nadal and Drew Brees may seem to be a bit to high, but with all the factors that take money away from them they are not so high.
Do you think professional athletes are overpaid? You might think they earn more than what they are worth for playing half a year, but athletes have many things which contribute to their salary. Some of these things include their earnings from endorsements, ticket sales, performance, merchandise, their social contributions, and TV ratings. Although there are many factors that contribute to their salary, professional athletes may be overpaid because as a society, we contribute to their success. So, in the end, part of the athlete’s salary comes from the people who support the sports in the first place. These are just some of the reasons why athletes are paid so much money.
Professional athletes are highly overpaid. Compensation should be based on job importance, not entertainment. If vital, life-saving professions are not rewarded for the stress of their jobs, there may come a day when those jobs are much harder to fill. Pay the individuals who make a difference in the
When addressing the value of entertainment, there is without a doubt, that we as a society value entertainment highly. But there is no reason that these athletes, who are here to merely entertain us, get paid higher wages than those that save our lives and teach us such as medical doctors and teachers. I find it ridiculous that players make millions of dollars a year, and yet demand more. The entertainment that these athletes provide is solely entertainment; it is not essential to the function or productivity of society. If I were to become a professional football player I would not complain about my salary for many reasons. I am playing the sport that I love and getting paid for it. The minimum wage for football is well over $100,000 a year, as is for many professional sports. These reasons by their lonesome are enough to warrant that the salary professional athletes are paid is suffice.
Americans believe that athletes, celebrities, and CEOs are the highest paid jobs in America. This belief is true however the average income of these three jobs is nowhere near what the perception is. Athletes are the most confusing when it comes to pay since people do not factor in that an average professional is only 4.85 years, NFL is 3.5 years, MLB is 5.6 years, NBA is 4.8, and NHL is 5.5 years, (RSVLTS, 2013) United States Bureau of Labor Statistics stated that an average income for “athletes and sport competitors” was only $47,710 (BLS, 2017). People believe that athletes are only the stars you see on television, but this is not the case. Athletes are risking their health for that paycheck. They spend a majority of their lives in the gym or on
The salary of professional athletes are always being debated on whether they make too much or it 's the right amount they should make. Some of the athletes do make millions and millions of dollars, but there is some that don 't. Anyways in order to make the millions first an athletes must make it to the professional level. For example in soccer only 1.4% of people actually make it to the professional level. So the rest of the people make it for other sports such as football, basketball, baseball, and others. To be considered a professional athlete you must be getting payed to play a sport. They will be playing for a league and even tournaments and get rewarded with more money if they win. Some may think an athlete
There are a lot of people out here struggling and starving. Some people are one paycheck away from becoming broke. Professional athletes don’t have to worry about that. They are paid more than enough money that they should never go broke put some of them do anyways. Some people think professional athletes are paid way too much. I’m not saying they shouldn’t be getting paid but I think they are given way too much money. Professional athletes only work
Driving a Rolls Royce, wearing a Rolex , and living a million dollar house are some of the luxuries some professional athletes enjoy. Some people say professional athletes are overpaid but when one looks at the evidence, they will find that they earn their money. It has been a controversial issue as of late. Professional athletes are not overpaid, because they work extremely hard for their money. They take a big risk playing professional sports, and they make their owners huge amounts of money.
Many players have risen to stardom by becoming a professional athlete. Athletes have come from many different backgrounds; some from wealthy and some from poverty raised backgrounds. Salaries are continuing to rise, and money doesn’t seem to be an issue. Athletes are getting what they want from the owners by negotiating through their agents. Athletes’ salaries aren’t from their owners, but they come from other sources (“Athletes’ Salary”). Athletes get paid an extremely high salary for the work they do, and should consider the value of their work. They do not deserve the extreme amount they get paid and something should by done about it.