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The economic importance of sport
Overpaid athletes conclusion
Athletes get overpaid
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Athletes are overpaid “They couldn’t handle success.” Athletes like Nolan Ryan get paid millions of dollars, Nolan’s salary was 1.1 million dollars and in 2004 it got raised 200%. Athletes think they’ll get paid forever, when in reality it’s only a few years until they don’t. Athletes are overpaid. Athletes get paid more than very important jobs. To start, the president of the United States got paid less than athletes do, and he is in charge of a whole country! Next, firefighters get paid 48,000 dollars to save people’s lives,and they also earn less money than athletes. Lastly, the highest level at NASA makes roughly $107,000 per year, that once again is less than what most athletes get paid. In conclusion, all of these important jobs earn …show more content…
First, 60-80% of pro athletes become bankrupt in 2-5 years of retirement. Second, Kenny Anderson bought 8 cars throughout his season and when he retired he couldn’t pay the insurance for all of those cars he purchased. Finally, these players are getting so much money to spend that their taxes are stacking up, then they don’t pay the taxes, so they end up going to jail. In conclusion, players are getting paid so much money that they either don’t know what to do with or they build up consequences for themselves. Some athletes use their money wisely. There are other foundations like Mary’s Meals that have charities for humanitarian causes. Some athletes give some of their money to charities like Mary’s Meals. On the other hand, there are athletes that are reckless with their money. An athlete spent 38,000 dollars on a pair of earrings! In conclusion, some athletes use their money for good causes and others don’t. Shouldn’t athletes play for the love of the game? Athletes get paid more money than jobs that help the world. Also, athletes don’t know what to do with so much money. Although, there are athletes that use their money wisely, like giving some money to charities. Athlete’s salaries are getting higher each year. They could possibly sit on the bench and watch the game just like all the other fans watching. Athletes are paid way too
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.
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.
Ms. Jennifer Fontaine does not support the idea that athletes are overpaid. Ms. Fontaine suggests that athletes who are superior in their skills and talents associated with their respective sport should be duly compensated. Ms. Fontaine also states that the money earned by these athletes is justified because professional athletes work harder than people in almost any other profession. Last, it is her premise that the money earned by these highly talented athletes help to cover the high costs of medical treatment for serious, if not life-long, injuries such as knee, back/spinal, and head injuries.
Emperor Selassie was not a Rastafarian. He was a devout Christian. It’s not clear what
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
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.
Many major cities generate hundreds of millions of dollars per year in revenue from ticket and merchandise sales from the marketability and popularity of their professional athletes. These athletes play for teams hundreds, even thousands of miles away from their homes and families in hopes of winning a championship. They spend weeks on end away from parents, wives, and children. These athletes endure injuries far beyond what the average person would. The most healthy, fit, and talented athletes are considered lucky if the can play past 35 years of age. Professional athletes take such physical abuse, many have to retire because one more blow could mean death. You can't put a price on life.
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.
middle of paper ... ... In conclusion, professional athletes put a lot of work and effort into what they do and get paid as much as they deserve. All the physical stress they go through from when they were children to the early age they retire is worth the amount they get paid. Not to forget about the mental stress they face as well.
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.
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
A lot of Athletes are model citizens that you should really look up to, but there are. also some bad apples in the bunch that ruin it for everyone. Athletes can inspire young people to work hard so that their efforts can pay off, but no one. is pure and flawless. Greed does take a hold of some players, but they do. shouldn't be the ones we devote all of our attention to.
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. There is no reason that these athletes should demand these tremendous amounts of money. This is why you have to put into question their reasoning for demanding such high salaries.
Money is what makes the world go round and is what this whole issue is about. The people who don 't agree that Professional athletes get paid too much do have some valid points. But, they are no where near
A professional athlete is playing a simple game, and winning the adoration of fans around the world making an outrageous average salary of 1.4 million or better. While our president is in one of the most highly important positions and only makes an average of 200,000 a year. Professional athletes are not overworked and underpaid, but they are underworked and overpaid. The President of the United States is an example of someone who is overworked and underpaid, he is a person who defends our liberty and justice yet his salary does not match his occupations. To conclude what is being stated, professional athletes should not be entitled to enormous amounts of money to produce entertainment of a game, while the most respected positions in society is being deprived of the money that they definitely