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Business of sports essay
Athlete salary
Commercialisation of sports
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Athletes over the world are being paid millions of dollars to play sports. There are firemen and soldiers that risk their lives everyday and do not get paid near as much as them. They play one game and get millions. Teachers work everyday of the week and their pay is way different. If it wasn't for us they would get paid as much because they wouldn't be as much interest in the sports if no one was watching it. The average salary for each sport is $6.2 million for NBA, $4.4 million for MLB, $2.9 million for NHL, $2.1 million for NFL, and $308,969 for MLS. not let's compare that the the military and teacher salary. The military gets paid approximately $99,000 with 60% of that being non cash. The average teacher salary is about $36,141 and they are the ones that taught the men and women that play sports. …show more content…
We pay a lot and maybe even too much to watch people play a sports. This adds up quickly and because they’re in the pay roll they’re getting a lot of this money. Split evenly every player is getting thousands of dollars Also another reason is because we look so highly at them, if we didn’t give them as much attention as we do they wouldn’t get this much money, these big companies like Nike, Reebok, and Adidas wouldn’t be giving them millions and millions of dollars to their company. A lot of their extremely high salaries are because of
When looking into the history of our culture, there are many subtopics that fall under the word, “history.” Topics such as arts and literature, food, and media fall into place. Among these topics reside sports. Since the beginning of time, sports have persisted as an activity intertwined with the daily life of people. Whether it is a pick-up game of football in the backyard, or catching an evening game at the local stadium, sports have become the national pastime. According to Marcus Jansen of the Sign Post, more specifically, baseball is America’s national pastime, competing with other sports (Jansen 1). Providing the entertainment that Americans pay top dollar for, live the role models, superstars, and celebrities that put on a jersey as their job. As said in an article by Lucas Reilly, Americans spend close to $25.4 billion dollars on professional sports (Reilly 4). The people that many children want to be when they grow up are not the firefighters or astronauts told about in bed time stories. These dream jobs or fantasies have become swinging a bat or tossing a football in front of millions of screaming fans. When asked why so many dream of having such job, the majority will respond with a salary related answer. In today’s day and age, the average athlete is paid more than our own president. The cold hard facts show that in professional sports, the circulation of money is endless. Certain teams in professional baseball and football are worth over millions of dollars. Consequently, the teams who are worth more are able to spend more. The issue that arises with this philosophy is virtually how much more? League managers, team owners and other sports officials have sought out a solution to the surfacing problem. Is it fair to let...
In 2004, over 40 schools brought in more than $10 million, with 10 of them bringing in over $30 million. Several athletes around the nation are worth more than $1 million to their school (Brown). Both of these statistics are proof that while these athletes are essential to their schools, they are still kept out of the revenue. Even though these universities won’t pay their players, the schools still have no problem giving their coaches some money. In 40 U.S. states, the head coach of the basketball or football program is the highest-paid public official (Edelman).
Until just recently according to an article in the Harvard Journal, “in the past twelve years, the amount of money generated by [football and basketball] has increased nearly 300%, such that they now fund almost all other sports programs” (Meshefejian). This points out that if student athletes were given a salary, the only athletes that would receive it are those in basketball and football. The less popular sports athletes would either switch to these two sports, or continue playing the sport they love while their colleagues thrive in the sport they love while getting an
Americans believe that athletes, celebrities, and CEOs are the highest paid jobs in America. This belief is true however the average income of these three jobs is nowhere near what the perception is. Athletes are the most confusing when it comes to pay since people do not factor in that an average professional is only 4.85 years, NFL is 3.5 years, MLB is 5.6 years, NBA is 4.8, and NHL is 5.5 years, (RSVLTS, 2013) United States Bureau of Labor Statistics stated that an average income for “athletes and sport competitors” was only $47,710 (BLS, 2017). People believe that athletes are only the stars you see on television, but this is not the case. Athletes are risking their health for that paycheck. They spend a majority of their lives in the gym or on
Isn't it amazing how one little controversial question can cause so much drama? Take the NCAA for instance. Within recent years the question of weather NCAA athletes should be paid or not has arisen and caused them some unwanted attention. Many coaches and sports enthusiast have been interviewed on their opinion. “Students are not professional athletes who are paid salaries and incentives for a career in sports. They are students receiving access to a college education through their participation in sports, for which they earn scholarships to pay tuition, fees, room and board, and other allowable expenses,” (Mitchell). “There has been major discussion recently if college athletes should or shouldn't be paid while they are in school. The first thing opponents say is, "They're already getting a scholarship! That is more than anybody else! Don't be greedy!”(Hartnett). These are just two men’s opinions, but no one needs to give his or her opinion any longer. The answer to this question is unmistakably clear. NCAA athletes do not need to be paid because they get to go to college for free, their living expenses are paid for, and there would not be a fair way to choose which teams are paid and which are not.
Now Mr. Roberto Hinojosa contends that professional athletes are overpaid. Citing U.S. Household Income stats for 2012 he explains that teachers,
Emil Zatopek once said “An athlete cannot run with money in his pockets. He must run with hope in his heart and dreams in his head.” This quote applies to every college athlete. The quote means that an athlete may not be getting paid in college, but if they put in the hard work and dedication they can make it to the big leagues. College football is the second most watched sport in America. And the athletes playing the game do not even get paid a penny to play the game. In the sports world. this has been talked about for an extremely long time. College athletes put their body on the line for injury. They put their grades in on the line because of the hours they put on the court, or field (Keolanui). They also sell their apparel at the game and at stores and they get no money at all (Keolanui).
The same should be said about every job so why is it that players, especially in the NFL, NBA and ABC are paid crazy salaries. There needs to be regulations and caps guiding how much a player can make. This would help insure that all sports remain competitive and everyone has a chance to win. There is no shortage in athletes who want to go pro. Due to the lack of requirements, the work schedule, and the fact that their job is to entertain. There needs to be real change in the sports industry. Lowering athletes’ salaries would only hurt the current players’ lifestyles. The ones up and coming would still have an excellent future if they made even 500,000 dollars a year. Which is still seven times higher than the WNBA is willing to pay their athletes. The WNBA are just as serious of a competitor as other sports, whether it be ice skating, wrestling or football. Therefore it’s time to make sure that every athlete women or male should get paid a fair and justifiable
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.
“Top 25 College make over 100 million dollars with the top school University of Oregon making $196.0 million dollars and the 25th University of Kentucky at $96.7 million dollars” College athletes are just as well-known as professional athletes but they don’t get paid, why is that? While the NCAA coaches at a Division 1 school can make over 1 million dollars a year’ while the student athletes receive not one dollar for the use of their likeness, commercials, jerseys or television interviews. Most of these college athletes come from poor inner-city homes where the average family could not afford to send their children to college. Once they enter college those same families are unable to financially support them while they are in school.
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
As entertainers, athletes are paid for fan satisfaction. The more fans that want to see an athlete perform, the more the athlete is paid. In fact, most athletes, even those who make millions of dollars for each flubbed fly ball, dropped pass, and missed free throw, feel they probably deserve even higher salaries; the reason being that they’re still in demand. While certain athletes may never bring a championship ring to their team, or even bring home a winning season, those athletes will always pack the stands. Fans in the stands translate into ticket sales. Ticket sales can potentially lead to national television broadcasts. Inevitably, the formula of ticket sales plus national television broadcasts leads to massive revenue, and this is how owners and organizations can afford to pay players like Michael Jordan $25 Million for his retiring season alone. However, how does society (as a whole) benefit from these over-inflated salaries? In short, it doesn’t.
When addressing the value of entertainment, there is without a doubt, that we as a society value entertainment highly. But there is no reason that these athletes, who are here to merely entertain us, get paid higher wages than those that save our lives and teach us such as medical doctors and teachers. I find it ridiculous that players make millions of dollars a year, and yet demand more. The entertainment that these athletes provide is solely entertainment; it is not essential to the function or productivity of society. If I were to become a professional football player I would not complain about my salary for many reasons. I am playing the sport that I love and getting paid for it. The minimum wage for football is well over $100,000 a year, as is for many professional sports. These reasons by their lonesome are enough to warrant that the salary professional athletes are paid is suffice.
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.
Why do teachers get paid so much less than sports players? A teacher mentors a child or teenager and gives them knowledge. A sports player plays a game in which they are good at and love to do. So why does a sports player live a dream life earning millions of dollars a year while a teacher is stuck living the middle class life.