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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. The controversy of athletes being overpaid dates back to 1922, when well-known baseball player George “Babe” Ruth received $50,000 within the first year of his career. Ruth’s extensive wealth was bolstered by dozens of endorsements (Saperecom). As it is shown in figure 1, in the Fortunate 50 Tiger Woods takes the number one spot for highest paid athlete. Tiger’s salary for 2011 is $2,294,116 and like Babe Ruth, his endorsements exceed his salary earning $60,000,000 making his total $62,294,116 (Freedman). It’s crazy to think that 89 years ago professional athletes scarcely made more than the average person today. This is of course not counting the inflation that has occurred since the years which Babe Ruth played baseball. Athletes are offered endorsements to act as a representative for a company to help promote sales. They often are seen in commercials promoting athletic apparel, shoes, sports drinks, food, and other products. Marketing companies know that by associating a product with an athlete it can drastically increase sales. Fig 1. Gaines, Cork. "... ... middle of paper ... ... Scores and Daily Analysis from Sports Illustrated. Warner. Web. 10 Sept. 2011. Miller, Amanda. "Athlete Endorsements – What’s in a Name." The Business of Sports. Wordpress. Web. 12 Sept. 2011. Resnick, Steven. "Are Professionals Athletes Really Overpaid?" Bleacher Report. Bleacher, 28 Mar. 2008. Web. 30 Aug. 2011. Riper, Tom V. "America's Most Overpaid Athlete." Information for the World's Business Leaders. Forbes, 05 July 2008. Web. 01 Sept. 2011. Russo, Christopher, and Allenor St John. "Money for Nothing." The Mad Dog 100: the Greatest Sports Arguments of All Time. New York: Broadway, 2004. 238-39. Print. Salaam, Khalid. "Are Professional Athletes Over-Paid or Justly Compensated?" The Atlanta Post. Moguldom, 29 June 2010. Web. 30 Aug. 2011. Saperecom. "Are Professional Athletes Overpaid?" OverpaidAthletes.net - Overpaid Athletes. Web. 06 Sept. 2011.
When asked “Are elite sports people overpaid?” people have varied responses. Some people would agree with this and say ‘why should a person that hits or kicks a ball be paid as much as someone who saves lives or teaches children everyday? But on the other hand some would disagree and say that sports people are paid for their skills just like everybody else! These are both very good arguments.
“Should NCAA Athletes Be Paid?” US News. U.S. News and World Report, Apr. 2013. Web. 05
Key Events in the History of Sports Salary Caps. (n.d.). Issues and Controversies. Retrieved from Facts on File database.
Thomas, Brennan. "Pay for Play: Should College Athletes Be Compensated?." Bleacher Report. TBS, 4 Apr. 2011. Web. 8 Dec. 2013.
Mahler, Jonathan. "College Athletes Should Be Paid Exactly This Much." Businessweek.Com (2014): 1. Business Source Complete. Web. 8 Apr. 2014.
Hartnett, T. (2013, October 21). Why College Athletes Should be Paid. The Huffington Post. Retrieved April 26, 2014, from http://www.huffingtonpost.com/tyson-hartnett/college-athletes-should-be-paid_b_4133847.html
In recent years, with the growing popularity of sports, athletes salaries have escalated like that of a superb stock equity. Athletes are taking full advantage of their position, causing the average man to wonder how high will they go. Some feel that athletes are greedy people who have lost care for the true meaning of their salary, the love of the game.
"Paying College Athletes." Issues & Controversies. Facts on File News Services, 21 June 2010. Web. 10 Apr. 2014.
6) Clark, Liz. “Athletes Say They Deserve to Be Paid.” Charlotte Observer. (Charlotte, N.C.). April 3, 1994: pg. 4G. Sports. Eleanor Goldstein. Vol. 4. Boca Raton: SIRS, 1994. Art. 65.
Eitzen, D. Stanley. "College Athletes Should Be Paid." Sports and Athletes. Ed. James D. Torr.
Cooper, Kenneth J. "Should College Athletes be Paid to Play?" Diverse Issues in Higher Education 28.10 (2011): 12-3. ProQuest. Web. 24 Nov. 2013.
Salvadore, Damon. "Top 10 Reasons Why College Athletes Should Not Be Paid." Yahoo. Yahoo Sports and News Network, 9 Feb. 2013. Web. 25 Apr. 2014. http://voices.yahoo.com/top-10-reasons-why-college-athletes-not-be-12022203.html
Now Mr. Roberto Hinojosa contends that professional athletes are overpaid. Citing U.S. Household Income stats for 2012 he explains that teachers,
Keown, Tim. “Athletes Work Hard for their Money.” Sports.ESPN.Go.com. 8 Mar. 2011. Web. 30 Mar,
For as long as I can remember, I have heard people complaining about how much money professional athletes make. They say that these athletes don't deserve to make that much money for simply playing a game. People even get angry when they hear how much professional athletes are making in new contracts.The athletes are not being paid public money. An athlete's entire career could end in a split second. Some people believe that athletes are overpaid because they are just playing a game, however the truth is professional athletes are not overpaid.