Youth Sports Research Paper

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Final Research Essay In the United States in 2017, around 36,250,000 kids between the ages of 5 and 18 played organized sports (“Youth Sports Statistics”). The amount of kids playing organized sports now is extremely high. Sports are something everyone from the rich to the poor can relate to, and these games have alway brought people together. Also, with the expansion of T.V., more kids grow up watching sports. Many of these sports stars have become idols for the American youth. Professional athletes are now known by millions of people and around the country and the world. Therefore, in many sports over the last few decades, these athletes have begun to make larger amounts of money. Due to athletes making more and more money, many people have …show more content…

These teams are using what they have, money, to gain the upper hand on the competition. However, as sports have grown, the margin between the extremely rich teams and the poor teams has expanded. This big margin has allowed for sports to become lopsided and unfair. Making salaries more limited could make many sports more fair. Many leagues have total salary caps that stand as a maximum sum of what a whole team can be played. In the NBA, as of 2016, the total salary cap was $94.1 million (Blackistone). 22 of the 30 NBA teams are over that total salary cap (Blackistone). Teams are allowed to reach the hard cap of $117.2 million before truly being maxed out (Blackistone). Over the last 18 years, only four times has the NBA champion had a salary near the league average (Milroy). This shows how the higher paying teams are in fact winning more than the lower paying teams. If players were be paid less money it would allow for teams with less money could more easily compete for the best players. If everyone had a shot at the best players, the competition could be more equal and in turn become far more exciting for the fans to …show more content…

On the other hand, this large amount of money that these athletes earn has become a big problem for them. Many athletes come from lower income homes where they grew up not having a lot of possessions and money. Now that they have become professional athletes, they have more money than they ever had before. In the NFL 78% of retired football players will go bankrupt just years after retiring (Wilson). Nearly the same applies to 60% of NBA players who are bankrupt or filing for bankruptcy just five years after they retire (Wilson). Since many of these athletes don’t have college degrees, they then struggle to find jobs to support themselves. These athletes go bankrupt for many different reasons. Some just overspend their money on various things and people and think that they will never run out of money (Wilson). Many athletes also have a lack of financial knowledge and can make very poor investments which is not fully their fault (Wilson). If professional leagues lowered the salary that these players make, they would have to be more financially responsible. This could, in turn, lead to fewer players going bankrupt just five years after they

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