Escalating Professional Athlete Salaries Essay

Missing Works Cited
Length: 1093 words (3.1 double-spaced pages)
Rating: Purple      
Open Document
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Escalating Professional Athlete Salaries
Works Cited Not Included

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.

Others feel that if a person is able to earn that kind of money, why shouldn't they? Increases in athlete salaries will bring up the question on whether athletes are worth the money by researching the NBA?s new collective bargaining agreement (before and after the approval), by observing the current salaries of top athletes in their respective sports, and by concocting possible solutions. Shaquille O?Neal, formerly of the Orlando Magic, signed almost two years ago with the Los Angeles Lakers for an enormous $120 million over seven seasons.... Alonzo Mourning signed with the Miami Heat for a seven year deal worth about $112 million.... These fat contracts have brought out the question: Are pro athletes worth the millions they are paid? Basketball Hall of Famer David Thompson states, "Players have such a short time to make their money. If you look at others in the entertainment business, you?d think so. Look at Mike Tyson. He made $30 million for the six minutes and 50 seconds it took for him to knockout Frank Bruno" (Rhodes and Reibstein 44). Zachary M. Jones, an attorney at Howard University in Washington D.C., utters, "Superstar athletes are few in number, so the demand is high, which raises the price for their services significantly" (Saporito 61).

Furthermore, Mark Rosen, who has been a spor...

... middle of paper ...

...s worth far more." Certainly a 22 year old kid can live on $126 million quite alright. Before doing an in-depth analysis of pro sports salaries, one ignorant person would conclude that these salaries are way too high. However, sports salaries are "okay" to be enormous. This is because high salaries show that the economy and basketball revenue are up, because that is where the owners get the money to pay the athletes. After Glen Taylor signed upcoming superstar Kevin Garnett, season ticket sales went soaring. Finally, if a player is allowed to make the money, why is it such a bad thing? More power to them. Yet athletes should be satisfied with their current salary status. As you can very well see, salaries have risen to unbearable heights, yet it is inevitable. With the economy as it is who knows when it will begin to level off. All we can do is sit back and watch.

Click the button above to view the complete essay, speech, term paper, or research paper

This essay is 100% guaranteed.

Title Length Color Rating  
Essay on Professional Athletes' Salaries - ... Statistically, only 30% of professional athletes have a degree (Opposing Viewpoints, 4). Therefore, after their career as a professional athlete comes to an end, many of them have nothing to fall back on. Let’s say an athlete suffers a career-ending hit; the paychecks stop coming, but the medical bills certainly don’t. Is it honestly fair to send these people out into the world with bodily injuries, a new-found lack of a job, never-ending medical bills, and no money left over in the bank to save them from the impending financial doom....   [tags: high salaries, professional life] 868 words
(2.5 pages)
Research Papers [preview]
Salaries Gone Unjustified in the US Essay - Imagine a man going to work on the farm every day. He works endlessly for hours and hours tending to the crops, feeding the animals in the hot scorching sun, wishing he could sit down and take a break… a break that just never comes. He will work until his swollen and bruised feet give out under him. He is working to put food on the table. He is working so that he won’t have to watch his wife and kids die. Now imagine a different man, he is a NFL player. He will work hard to emerge victorious. Now which man should be paid more....   [tags: professional athletes, money, salaries]
:: 11 Works Cited
892 words
(2.5 pages)
Better Essays [preview]
Salaries of Athletes are too High Essays - Salaries of Athletes What should athletes deserve to be paid. 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”)....   [tags: Professional Athlete Athletics Sports Salary]
:: 8 Works Cited
2020 words
(5.8 pages)
Powerful Essays [preview]
Essay about Professional Athlete Salaries - Professional Athlete Salaries In today’s society many will argue whether or not professional athletes are overpaid. In the present time athletes are being paid phenomenally large amounts of money for their entertainment. It is my claim that all professional athletes are overpaid because they do not offer society an essential function that improves or enhances our world in comparison to other professionals such as medical doctors, lawyers, and teachers. Society does not value entertainment enough to warrant such high salaries such as those of many professional athletes....   [tags: Papers Sports Athletics Wage Earn Essays]
:: 5 Works Cited
1356 words
(3.9 pages)
Better Essays [preview]
Professional Athletes are Not Overpaid Essay - 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....   [tags: economy, entertainment, salaries]
:: 12 Works Cited
1092 words
(3.1 pages)
Strong Essays [preview]
A Professional Athlete Essay - ... Before high school most athletes have a lot of skill and interest in their particular sport (“Professional Athletes” 119). High school gives an athlete the chance to try many different sports and positions. In high school you want to take a few different classes, English, Math, Science, Health, and physical education. It takes many years of training to become an athlete (“Athletes and Sports Competitors.”U.S.). Athletes need to learn the rules of their sport to be able to play, they also need a high school diploma....   [tags: sports, physical, endurance, commitment]
:: 3 Works Cited
552 words
(1.6 pages)
Research Papers [preview]
Excessive Salaries in Professional Baseball Essay - Abstract This paper addresses the issue of the extreme increases in salaries of major league baseball players. It looks at the effects of these increases on all areas of the game, from competitiveness, to fan appeal, to financial issues. It also looks at the different perspectives of all involved, including the owners, players, and the fans. Also shown in the paper are the possible solutions to the problem of baseball salaries, along with some of the possible negative outcomes in the future if nothing is done Baseball’s Skyrocketing Salaries It can no longer be said that baseball is just a game....   [tags: MLB Sports Athlete Salary]
:: 11 Works Cited
3099 words
(8.9 pages)
Powerful Essays [preview]
Professional Sports Players and Their Salaries Essay examples - Professional Sports Players and Their Salaries How does someone become a millionaire these days. What about going on a television show and answering fifteen questions correctly. Maybe you can get all seven numbers right on that lottery ticket you bought at the store last night. What about being lucky enough to make the right investment decisions with your broker. For some this might be true, but for others it is as simple as going to work and doing what they do best. The everyday man goes to work on a daily basis, does his best, and sometimes even achieves more than what is expected, and still does not become a millionaire....   [tags: Papers] 476 words
(1.4 pages)
Good Essays [preview]
Essay on Professional Athletes Deserve Their Pay! - There was a time when men played for the love of the game; when competition alone satisfied the male ego. This age of basketball featured greats such as Wilt Chamberlain, Bill Russell, and Oscar Robinson. These gladiators, and those like them, battled repeatedly winning league championships, MVP’s, scoring titles, and other accolades. Then, the product of James Naismith moved into an era where the love continued, but money was added. Clyde Drexler, Charles Barkely, Reggie Miller and Tim Hardaway have become league “poster–boys” for commercials and shoe contracts....   [tags: Professional Athletes] 2945 words
(8.4 pages)
Strong Essays [preview]
Salaries for Athletes Essay - When people think of high salaries they turn to the world of professional sports, because that is where athletes are paid outrageous amounts to do the things they love. Although some would argue that the athletes deserve these wages, I fell that not all professional sports are paid adequately. For an example of this statement take into consideration the time and effort that most pro athletes spend at perfecting there acquired talent. They are fine tuned instruments, who work hard to do their jobs on the field, on the court, or on the course....   [tags: Golf] 1809 words
(5.2 pages)
Strong Essays [preview]