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The economic importance of sport
The economic importance of sport
The economic importance of sport
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Professional athletes have been paid to play a variety of sports in over the past hundred and fifty years. Most players can manage perfectly playing the sport they love while being paid over what an average government worker (policeman, fireman, and teacher), instead they are paid massive paychecks that many people would only dream of having. The salaries of professional athletes have drastically increased ten-fold in the past 50 years and show that they earn vast amount of wealth, which in most opinions can be absurd. Athletes are paid too much for doing as little as playing the game they love to play. Having athletes being paid 5 times the income of an average household (Block) is outrageous and should be lowered.
Athletes receiving massive wages have not been around for very long, it has only been a problem for 20-30 years. An Average infielder in the 1950s only made an equivalent of $89,000 compared to $2.13 million (during 1992) an average MLB player makes a year currently (Zimbalist 92). Although the MLB was smaller in the 1950’s, the increase average MLB salaries are not proportional to the increased popularity over the years. The minimum wage for a MLB player is 32 times bigger than the minimum wage of a New Yorker. The minimum wage is $480,000 for a baseball player that mostly will sit on the bench the entire game while a standard 40 hour a week minimum wage job only pays around $15,080 (Block). Lou Gehrig was paid an equivalent of $431,000 while a utility MLB player minimum wage today makes around $50,000 above that amount (Seepersaud). Lou Gehrig, one of the most talented players in MLB history, was being paid below minimum wage of the MLB today which is very odd. Athletes back then were paid much more realistic amount...
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Bryjak, George J. "The name of the game is money." USA Today [Magazine] Sept. 1998: 67+. Student Resources in Context. Web. 16 Apr. 2014.
Haupert, Michael. "Baseball's major salary milestones.(More Modern Topics)." The Baseball Research Journal 22 Sept. 2011: n. pag. Print.
Marci, Kenneth. "Not Just a Game: Sport and Society in the United States." RSS. N.p., n.d. Web. . .
Owens, Ted. Personal interview. 12 April 2014.
Seepersaud, Steve. “Sports Salaries: Then and Now.” AskMen Web. .< http://www.askmen.com/sports/business_100/119_sports_business.html>
Zimbalist, Andrew S.. Baseball and billions: a probing look inside the big business of our national pastime. New York, NY: BasicBooks, 1992. Print.
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.
However, if the current rules remain in place and baseball continues without a salary cap, the only hope a small market team may have is to fend for themselves on the big market with financially superior teams. This becomes an exceedingly harder task when one team can afford the salary of two top players while those contracts are equal to the entire payroll of another team’s entire roster. Therefore, the question remains should baseball implement a salary cap, and if they do, how would it come into play. When asking the question regarding the salary cap, four supporting ideas arise for either the implementation of a salary cap or keeping it nonexistent.
Historical and sociological research has shown, through much evidence collection and analysis of primary documents that the American sporting industry can give an accurate reflection, to a certain extent, of racial struggles and discrimination into the larger context of American society. To understand this stance, a deep look into aspects of sport beyond simply playing the game must be a primary focus. Since the integration of baseball, followed shortly after by American football, why are the numbers of African American owners, coaches and managers so very low? What accounts for the absence of African American candidates from seeking front office and managerial roles? Is a conscious decision made by established members of each organization or is this matter a deeper reflection on society? Why does a certain image and persona exist amongst many African American athletes? Sports historians often take a look at sports and make a comparison to society. Beginning in the early 1980’s, historians began looking at the integration of baseball and how it preceded the civil rights movement. The common conclusion was that integration in baseball and other sports was indeed a reflection on American society. As African Americans began to play in sports, a short time later, Jim Crow laws and segregation formally came to an end in the south. Does racism and discrimination end with the elimination of Jim Crow and the onset of the civil rights movement and other instances of race awareness and equality? According to many modern sports historians and sociologists, they do not. This paper will focus on the writings of selected historians and sociologists who examine th...
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.
In the early 20th century, baseball became the first professional sport to earn nationwide attention in America. Because it was our first national professional team sport, because of its immense popularity, and because of its reputation as being synonymous with America, baseball has been written about more than any other sport, in both fiction and non-fiction alike. As baseball grew popular so did some of the sportswriters who wrote about the game in the daily newspaper. Collectively, the sportswriters of the early 20th century launched a written history of baseball that transformed the game into a “national symbol” of American culture, a “guardian” of America’s traditional values, and as a “gateway” to an idealized past. (Skolnik 3) No American sport has a history as long—or as romanticized—as that of the game referred to as our “national pastime.”
For years, baseball players has always been the highest paid athletes out of any of the major sports. It is also the oldest sport around and many of the athletes have been practicing their profession ever since they were kids. Some argue should baseball have a salary cap like other major sports but it is only right that they get paid very well, due to the time and effort that is put into their craft. After all it’s a risky sport, yet very entertaining.
Nemee, David. “100 Years of Major League Baseball.” Lincolnwood, Illinois: Publications Infernational, Ltd, 200. Print.
Bender, David, and Bruno Leone. Sports in America: Opposing Viewpoints. San Diego: Greenhaven press, 1994.
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.
Unlike professional basketball and football, interest in baseball has not been sweeping the globe . Declining participation at the amateur level and protracted labor problems at the professional level have thrust "America's Pastime" into an era of uncertainty. Despite this current adversity, baseball will always occupy an important place in American culture. This column starts a three part look at the history of baseball.
Russo, Christopher, and Allenor St John. "Money for Nothing." The Mad Dog 100: the Greatest Sports Arguments of All Time. New York: Broadway, 2004. 238-39. Print.
Schackelford, M. (Jul 4, 2009). The Importance of Sports in America. Retrieve for this paper Mar 20, 2014 from, http://bleacherreport.com/articles/211946-the-importance-of-sports-in-america
In closing, these athletes are making too much money in a society that traditionally bases salaries on the value of ones work. These athletes do not know what real work is or how hard it is to make a dollar. Although their job is difficult, they do not play a role in our economy like their salaries indicate. Therefore, they should receive less money.
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.
Many players have risen to stardom by becoming a professional athlete. Athletes have come from many different backgrounds; some from wealthy and some from poverty raised backgrounds. Salaries are continuing to rise, and money doesn’t seem to be an issue. Athletes are getting what they want from the owners by negotiating through their agents. Athletes’ salaries aren’t from their owners, but they come from other sources (“Athletes’ Salary”). Athletes get paid an extremely high salary for the work they do, and should consider the value of their work. They do not deserve the extreme amount they get paid and something should by done about it.