According to Cork Gaines (2015), the amount different sports associations make is based on the numbers of players and people involved. The average salary of a player in the NBA is about 4.6 million. This is after the annual salary. Lebron James makes $30,963,000 for the 2016-17 season. However, players only get a fraction of their salary because of taxes. He has a salary just under 19 million after taxes. Al Horford, player for the Boston Celtics, has a season salary of $26,540,000. There are 82 games in the NBA season, not including playoff games and 12 players on an NBA roster. Not only that, NBA has more of an advantage because of the $84.7 million dollar salary cap for each team. Conversely, the NFL has 53 on a team, but only 46 can dress …show more content…
The NFL’s salary cap is around $150 million. That number varies throughout different teams though because NFL teams are allowed to use their remaining money from the previous season. Aaron Rodgers, highest paid quarterback in the 2015 season, with a salary of $22 million. Overall, Cork Gaines gives a basic overview of how many players and the amount of money are involved in the NBA and NFL. Another idea from Boyd’s Bets (2017) talks about the salaries for NBA and NFL coaches. The NBA has about 7 coaches on each team. A head coach, an associate head coach, and associate coaches are all coaches that are involved with a team. The amount of each varies however there is only one head coach. Those with the head coach title make more than those with the title of associate coach. For example, Doc Rivers, head coach of the LA Clippers has a salary of $10 million but a contract of $50 million for the five years his contract pertains to. On the other side of the scale, the lowest paid head coach, Earl Watson, has a $2.5 million dollar contract each year for 3 years. Moreover, the NFL has more than …show more content…
Each team in the NFL received $180 million in the 2016 season from the league from national media, licensing deals, and gate receipts. What separates each team is their stadiums and revenue from each one. The Cowboys, Giants, and Redskins make around $75 million dollars every year from club and luxury seats whereas the Vikings and 49ers make under $10 millions from club and luxury seats. A premium ticket for a regular season Patriots game is around $565 but for the Raiders it’s around $140. An average ticket price for the the Jets is around $120 and $55 for the Browns. The most commonly sold food in stadiums is of course a hot dog and that is sold for $6 in the Browns stadium and $3 in the Vikings stadium. In the NBA, the Knicks are ranked 30 and their average ticket price is $200. The Bulls are ranked 28 and their average ticket price is $165. At the Lakers stadium, a beer is $12 in comparison to a beer at the Spurs stadium, where a beer is $5. Better teams with more people coming to the games raise their prices to make more money. Teams with not a lot of fans coming to games lower their prices so that it accommodates the few fans that go. Parking is another component that comes into play when talking about the marginal differences between things that fans and consumers buy at an NBA game. The average price for parking is about
One Sample Hypothesis Testing Paper Do Major League Baseball teams with higher salaries win more frequently than other teams? Although many people believe that the larger payroll budgets win games, which point does vary, depending on the situation. "performances by individual players vary quite a bit from year to year, preventing owners from guaranteeing success on the field. Team spending is certainly a component in winning, but no team can buy a championship."
A hard salary cap will lower ticket prices. I, among many of friends am a die-hard NBA fan, but we can only afford to attend one or two games a year. The average ticket price in the NBA is twenty-five dollars and that doesn't include a pair of binoculars, which you'll need if you're sitting in a twenty-five-dollar seat. That can give you an idea of how much a court side seat might cost you. Some people wonder why tickets are so much. Maybe Mike Kahn, who is the CBS Sportsline Executive Editor, can tell us why ticket prices are so high. In one of his articles he notes. Players' salaries are escalating faster than revenue and it would be foolish not to throw a lid on it. Tickets are already out of sight for a middle class family. ( 2 ) That means to me that players are demanding more and more money and ticket prices have to go up to compensate for higher salaries. I n the Tampa Tribune, Bill Fay, a sports writer for the paper noted. Most of the teams h...
Nowadays, we've seen many universities’ competitions on the television as a leisure performance but we've never concerned whether they receive their pay. In Mike Benedykciuk's article "The Blue Line: College Athletes Should be Paid," he argues that student athletes should receive the wage though they are not professional. Like any good writer, he employs special word choices, statistics and rhetorical devices to plead with the audience to take his side. In this article, he demonstrates many such devices, which will be explained further as follows.
As a fan of basketball, the NBA has always been the center of every discussion I partake in whenever basketball is involved. Since its inception in the late 70s and the popularity of the American National Basketball Association, basketball has been cemented as one of the most iconic games played today. Whether a fan or enthusiast watches the game live or on replay, the high-voltage intensity and addicting thrill of every turnover and every score made just makes the person go wild. Of course, in every game, some people often wonder how much money the players have each season. I am one of those people who often think about how wealthy these players are and the more
As long as fans willingly pay $120 dollars for a replica jersey, six dollars a beer, and two thousand for courtside tickets to the Los Angeles Lakers, the owners will continue to pass on that money to their stars. People act like they're getting stiffed. Let me ask you, When was the last time, someone stuck a gun to your head and said 'Watch this football game or else'?
Many people can easily picture this scene in their minds: the roaring crowds, the smell of easy- to-eat foods, and the thousands of people all dressed in the same colors. That’s a description of game day at a major college. College sports bring in a lot of money, yet their players don’t receive any money. Many people view this as something that needs to be changed while others believe that only professionals should be compensated. In the essays “Let Stars Get Paid” and “College Athletes Should Not Be Paid”, both authors give their opinions on whether or not college athletes should be paid. College athletes should not be paid because they already receive many benefits from being athletes.
Dorfman, Jeffrey. "Pay College Athletes? They're Already Paid Up To $125,000 Per Year." Forbes.com. Forbes LLC, 29 Aug. 2013. Web. 16 Nov. 2013.
The. " NBA's 'average' Salary -- $5.15M -- Trendy, Touchy Subject. " NBA.COM, 19 Aug. 2011.. CelebrityNetWorth.com "Danica Patrick Net Worth” 201.. CelebrityNetWorth.com "Mia Hamm Net Worth" 2011.
Some of these coaches even have salaries that are in the multi-millions. Last year, the average salary for a BCS eligible football coach was $2.05 million(Forbes). If a coach is being compensated for his work, shouldn’t the players also be paid since they are working as well? In 40 of the 50 U.S. states, the highest paid public official is currently the head coach of a state university’s football or men’s basketball team(Forbes). If the sport isn’t professional than the coaches shouldn’t be paid as much as some professional
There is also a minimum salary that each team must pay their players. If this year was your first in the league and you were paid the minimum salary you would get paid a little over 543 thousand. When compared to the most it may not seem like very much but it goes up quickly. If this was your third year in the NBA and you were paid minimum salary you would have made just over 1 million dollars. This has become a big issue for people all around the nation some people think that the NBA is just for the money and they are not even playing basketball anymore. The players need to be more worried about playing the game they love and not the
Top 10 richest NBA owners in 2015 NBA team valuations are sky rocking at a rapid pace. The average worth of the NBA team is now roughly about $634 million. The NBA team owners are quite rich and they have run beyond their dreams. Out of the 30 NBA team owners, half of them consist of net worth of over millions of rupees that might exceed billions of dollars. List of the names of the NBA owners
Even with this inconvenience, athletes and coaches were making more than half of a regular citizens pay wage. This demand for entertainment came at a growing cost, and those who were willing and proficient at playing the sport were taking home the majority of that bundle. But there was still people making even more than those players. Their coaches. Starting from the great depression, coming all the way to modern football, coaches have made the most revue from the team's hard work.
If you make it to the NFL then you’re talking big bucks. The average salary of an NFL player works out to be considerably less when not considering the top earners, but these players still make hundreds of thousands of dollars each. Bloomberg Businessweek says “The average salary of an NFL player in 2011 was $1.9 million. The median salary was $770,000.” Clearly you can see that if you work as hard as they do then you can make just as much as them someday.They make a lot more than anybody.”
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.
It is a delicate and confusing situation. If the fans will pay for everything from the hats to the T-shirts, to the tickets to the hot dogs, the teams will generate more money. However, if that happens, come contract time athletes will demand for more money. If the athlete demands more money, the cost of tickets and memorabilia will go up.