Corruption: “The dishonest or fraudulent conduct by individuals, often involving bribery”. We all know it exists in society. We have heard about corruption in politics and elections. But now corruption is starting to take over sports too. There is only one reason behind this and it is down to money. Sports is a platform from which we can compete, we can achieve, be part of a team, win or lose. Sport’s is something played all around the world and is known to bring people together. As humans, we love physical activity so much that we have now made a lot of our favorite sports a profession. The world’s elite players emerge from countries far and wide to play in front of thousands and to entertain. We all think it is for entertainment, right? …show more content…
The best players often go to the teams that can offer them the highest paid contracts. That is not the player’s fault, it is in our instinct. If you had a job as a cashier at your local supermarket and a rival supermarket offered you the same position at their branch, but would pay you 5 dollars more per hour. Would you not take that job? Not only are they offering better contracts, wealthy clubs often offer big money deals to other clubs to be able to buy that player off them. These offers are usually too big to say no to. Take the example of J.R smith. Smith used to play for the New York Knicks basketball team based in New York. That is where he became a star, scoring many points and often winning the games on his own accord. Other teams saw his potential and immediately tried to buy him. Knicks made it clear that they would not let him go. However, on deadline day of the 2014 basketball season, J.R Smith moved teams to Clevland for 12 million U.S dollars. The Clevland general manager was very reluctant with the sale, but “it was simply an offer that he could not refuse.” When you are a small team and offered money like that, it is almost impossible to say no. Smaller, less wealthy teams are now struggling to keep their best players to a point where the team could lose funding and be made redundant. Another sport which is notable for extensive pay is Lionel Messi, arguably one of the best footballers in the world, recently signed a new contract with FC Barcelona that gives him a whopping 37 million pounds a year. That equates to about 3.1 million a month, 770 thousand a week, 110 thousand a day and 4.5 thousand an hour. 4.5 thousand an hour? For playing football? These ridiculous salaries are further increased by the multi million-dollar endorsement deals that are given to these players. You might think this is a lot, but this does not compare to some of the other incomes of other sports stars such as Tiger Woods.
They also contend that sometimes lockouts are unavoidable and are often the only way to work out problems. The opposition reasons that professional teams with huge payrolls deserve all the money because they worked hard to get where they are. They argue that most players work hard to become great athletes and therefore they deserve enormous salaries.
This means the players have little power when negotiating with the owners since they are “replaceable”. Absent a few super star players (LeBron James, Kevin Durant, and Steph Curry), the rest of the players are largely replaceable. If a player then refuses to play under the terms offered by the owner, he can then either sign with another team or not play in the NBA (the latter option not being a viable one since there are no other leagues that offer the same pay and level of competition). The owners knowing this have the leverage to drive the pay down for the majority of “replaceable players,” since they know it is not likely the players will walk away and join a
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.
Stan kroenke: He is earning about $5.7 billion, Denver Nuggets owns a NBA heavily investing in soccer. Kroenke is heavily invested in soccer owning Arsenal of the English premier League and MLS Colorado Rapids. 7. Dan Gilbert:
Brazilian soccer sensation, Neymar da Silva Santos Júnior also known as ‘Neymar’ is known for top-notch skill at such a young age, which excites soccer fans around the world. The 22 year-old is being compared to top players around the league such as Ronaldo, Messi and Ribery because of his rapidly growing potential. A sports prodigy in his own right, Neymar is not only the most admired athlete in Brazil these days, but he’s also the country’s hope of winning the 2014 FIFA World Cup, which will be hosted by the South American nation. At the age of 19, he had prestigious soccer clubs such as Barcelona, PSG, and Real Madrid salivating over his remarkable talent however, the price for his rights did not come cheap. He is currently playing for Barcelona FC and will be one of Brazil’s finest forwards on the team in the 2014 Brazil World Cup and for many years to come. Neymar currently takes in 10.5 million euros per year, not including endorsements (“Forbes”). Many individuals believe that athletes are being over paid for their expertise since some don’t follow sporting events or teams of some sort. Not even the highest paid jobs in Canada earn close to Neymar’s salary, and all he has to do is partake in practice, and play one or two 90-minute games per week. Many individuals may say that Neymar is overpaid and is not worth his salary due to his young age, and athletes in general are becoming more and more overpaid than the should be.
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
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.
no what they are getting paid for playing multiple amounts of games for only one year to get paid millions. First, I think that athletes are contingent on their money. Personally, I think that if athletes are only laying the sport just because of the money. If they didn’t get paid the amount that they do; they probably would not stay in the sport.
As profit-maximizing teams make major organizational changes and large commitments to free agents, they need to assess the cost and value of an additional player. Because teams are looking to enhance their profits, they will want to add a player if the added revenue is greater than the added cost (salary). In doing so, teams are focusing on marginal revenue, the additional revenue that will be generated by adding one
Sports throughout history have shown close ties and relations to values and cultures of a society. Sports and competition have adapted and grown as the world and people have grown and developed. Sports are often seen as simple consequence of the industrial revolution. The Impact of increased urbanization, better communication and transportation, as well as more time and income for specialization, all led to the creation of sports. (szymanski). In essence As the public sphere grew so did the concept of sport. (Szymanski). Even the impact colonization had on spreading sports, shows the congruence between the development of society and development of modern sports. What make sports very unique is that they always bring about a sense of culture
“We can understand corruption to mean that the values internal to sport, such as those of fair competition, sportsmanship, and perhaps the mutual quest for excellence, are being or already have been undermined by the growing commercialization of sport.”
Buying Success in the English Premier League." Buying Success in the English Premier League. N.p., n.d. Web. 04 Nov. 2013. .
Money makes the world go 'round." Sports could not exist without the presence of money. You have high paid athletes asking for multi-million dollar contracts, while at the same time you have doctors not even making close to that amount. There are corporations buying out sports teams, buying stadiums, and buying everything that has to do with sports. Someone may ask why they do this.
“Sports are for fun, but they also offer benefits and lessons that carry over into all aspects of life”. This well-known anonymous quotation conveys the message that sport is the game which has some rules and custom. It is not only for fun and entertainment, but there are also some benefits of playing sports and which gives some important lessons for life. Every kind of physical sports is healthy because it involves running, jumping, stretching, mind skills and much more. There are so many sports available in the world nowadays, but we can categorize them by the numbers of players, the three main categories are individual sport, dual sport and team sport.