The Fall From the Top of the World Down to Having Nothing Athletes are notorious for going from fame and riches to thousands of dollars in debt. There are many obstacles that the athletes face which makes it more common for it to happen to them. To begin with most athletes come from a difficult family life. Most have never owned large amounts of money so they do not know how to handle it. They go from nothing to a lot of money in a short amount of time so they have not gone through the learning process that must go through. Most people gradually make more and more money. This helps the person to understand how to handle the money with saving some and using some. But with athletes they get a lot of money in a short amount of time so they are
Many professional athletes make six or more digits in a year and then go broke. The director of the movie Broke, Billy Corben, the question of how for the curious watchers. Corben interviews multiple athletes who have gone bankrupt and what they did to get there. The overall claim Corben make is most professional athletes make more money than they can handle. Corben makes a strong argument with evidence of how athletes get overwhelmed and tempted to spend.
Critics feel that the term amateurism is only a term used in collegiate sports to show the distinguish the difference between professional and collegiate so that they don’t have to pay college athletes. College athletes are just as talented and just as exposed as professional athletes. The argument is for there to be a share in the profits for wage compensation amongst players is know as pay-for-play. College athletics is a corporate enterprise that is worth millions of dollars in revenue. Pay-for-play is an assumption that colleges and universities receive huge revenues from marketing their collegiate sports programs and that the profits from these revenues are not shared with players who perform in the arena. Which some feel that they should.
I have decided to write a response paper to Ekow N. Yankah’s: “Why N.C.A.A. Athletes Shouldn’t Be Paid”. Although I enjoyed reading his perspective, I do not agree with his statement which addresses that student-athletes shouldn 't get paid. Universities are using their student-athlete’s popularity to promote their athletics program while the student-athletes are unable to promote their own image. Student-athletes work hard day in and day out, basically like having a full time job. Which makes time is also very limited during the day for student athletes to get a real job to pay for the extra expenses that they need. Also, most of the time coaches will not allow the student athletes to work, because of their conflicting schedules with practice.
Paying College Athletes The main place where student athletes can express themselves and show off their skills through college athletics. A century has passed and student athletes now feel like they should get paid on top of the benefits they already receive studying at a university. In the event that that happens, the only beneficiaries would be the athletes of the largest sports programs like football and basketball. It would create unneeded chaos between universities and smaller colleges and the more and less popular athletic programs. In the end, it would mean the end of college athletics.
In 1905, the NCAA (National Collegiate Athletic Association) was founded by President Roosevelt to help establish rules that would help cut down on the rising amount of sports injuries and deaths that were occurring. Ever since the beginning of the NCAA, it has been classified as a non-profit organization and all the money the company makes goes back into paying the employees and improving the organization. This includes the equipment the players use, researching for better safety, employing new people to help expand the organization to new sports, etc (Investing). People are starting to think that the NCAA should re-evaluate how they are spending their money and that they should begin to
Without winning, they will not make any money. That’s when they tend to take matters into their own hands. The hegemony theory supports this idea of money driven sports and athletes. In Sociology of the American sport, Eitzen and Sage describe the hegemony theory as sports being a means by which we teach values and cultural ideas of what is right and wrong (Eitzen & Sage, 2016). The major franchises such as NFL and MLB pay their players and coaches thousands, often millions, of dollars to play and coach. In result, the players and coaches are going to live very comfortable lives and be fairly wealthy. This is teaching the athletes that aspire to be like the professionals and the main benefits of being a professional athlete is the money. So, as a result, some athletes realize that the only way they will get to that status is if they
Americans always seem to be working to make more money, however, is it worth it? Athletes sacrifice time and their physical bodies to make money. Celebrities sacrifice their privacy and personal space to make money. CEOs sacrifice time and risk financial security to make money. The common belief is that these are the three highest paid categories in the United States. However this is not the case since not all athletes are sponsored by Nike, not all celebrities are in large movies and tv shows, and not all CEOs work at a publicly traded company. The reality is that most of America still works hard and just because athletes, celebrities, and CEOs work nontraditional jobs does not mean their pay is significantly greater.
When the football player walked into his dorm room he dropped his old cleats and wondered when he was going to have time to study for his exams. Because he was practicing so much and didn’t have time to find a job. Many think that since college athletes are getting a scholarship they should not be paid even though they work hard, and they make money for the school. College athletes practice so much and make money for the school but are not getting paid. Since things are getting more expensive, college athletes should be paid.
To be able to be that big of a name and not make any money off of your performances is just absurd. Some people believe that college athletes already get paid. They believe that the college athletes get paid through scholarships that they deserve and work hard for. Contrary to popular belief, not every single college athlete comes out of college debt free. The average debt of a college graduate is $35,200....
Athletes are being paid hundreds of thousands or millions of dollars to entertain us. They work less hours than the average person and make considerably more. Athletes all around the world are paid handsomely because they are talented and have extensive knowledge of their sport. But, is that knowledge and talent really worth what they are earning every season? Compared to some of the most common and needed professions are athletes really earning their paychecks? It’s time to take a deep look into what requirements besides natural ability athletes really need? How many hours are they expected to put in a week and what their job really is.
There are many ways for athletes pay for success. First way, athletes should pay financial costs for their success. The first thing that athletes should have to pay for it is sports equipment and if they want to improve their skill for success, they should have to pay to hire a good coach to help them practice. Second way, athletes should pay emotional costs for their success. Their playing a sport for success, it probably will make them not have time for their friends, Family or anyone they love. It also can cause them get a stress from training or losing. Last way, athletes should pay physical costs for their success. It probably will make them have been hurt by their practice or their competition and it will make them have not enough time
Should college athletes be paid? That’s the million dollar question. Throughout the past decade more and more people are complaining about college athletes not getting paid. This has become a major issue in the NCAA and around the country. Now, because of all the complaining, college athletes are close to getting paid. This has been debated and fought over through recent years. The NCAA president doesn’t like the idea of this either. Taking away athletes' amateur status would be the "end of college sports as we know it," says NCAA president Mark Emmert. College athletes should be grateful for the ability to play college sports, instead of worrying about money. Many people have different opinions about the issue and recently, it has been proposed
There are two specific athletes who ended up struggling financially due to mistakes that ended up being made based on getting, “too comfortable.” Going over my research used to prepare for this, I have found that” Due to the disease he was suffering from, most of
One issue that these high salaries cause is that having all this money spoils the athletes. Athletes buy so much unnecessary stuff after they get their money. For example, Michael Jordan has about 28 cars. Who needs all these cars? He didn’t buy all of these, but there is a certain limit on how many cars a person needs. Athletes spend their money on cars, entertainment, clothes, and their big mansions. Another instance of athletes spoiling themselves is the use of illegal drugs (“Pro Salaries”). Michael Irvin of the Dallas Cowboys has been involved in many of these altercations. He has been through all the punishments there possibly is and still makes his money (“Pro Salaries”). Athletes think they are at a higher level and that they can do whatever they want. An issue that everyone hears about everyday that a pro athlete has committed a murder/crime. Ray Lewis, a safety for the Baltimore Ravens, is being tried for two accounts of murder. He is an excellent athlete. He is on the pro-bowl team for the 1999 season and led the league in tackles. He has just ruined his career by even being involved in a situation like this. Another player is Robert Lewis, a 20 year-old basketball player from the Dallas Mavericks. He was convicted of beating his girlfriend almost to death. A 20-year-old basketball star doesn’t need to feel that he is a king to be a leader. What kind of role model is he setting to other youngsters that want to follow in the same footsteps?
Sport has always entertained and influenced our lives. It creates dreams for children and goals for adults. However, many fans are oblivious to the millions they pocket each year. It is without doubt that our sports stars are grossly overpaid. Their annual earnings exceed those we make in a lifetime, even when compared to highly qualified professionals.