“Some people would argue that many professional athletes are overpaid because of how much money they seem to be making; however there exists consequences to working in such a high-paying career field. The first point to consider is that their salary is based on supply and demand. They have a high entertainment value in our society, and are simply supplying our demand for entertainment. Not only do they meet our demand for entertainment, they also contribute more funds to our government because they pay higher taxes than the average American white-collar and blue-collar worker. The last, and maybe the most important, point to consider is that their job requires that they continuously risk their health and their career every in general” “Society places such a high importance on sports to meet our demand for entertainment, athlete’s salaries have skyrocketed due to the increasing demand for their field of expertise (Source A).
Hasn’t everyone gone to watch a live sports event and found themselves paying a large sum of money not just for the event, but for the overpriced food and beverages that are provided at the game? By going to the game and spending hard earned money the spectators are providing the athletes with the millions of dollars they earn every year. It’s not the athlete’s fault that they are overpaid. Some athletes are much better than others at handling the money they make. Some athletes sponsor charity events and lend their fame to fundraisers, while others spend their money partying and living a very lavish lifestyle.
I really find it hard to believe that in our society, we value entertainment more than almost anything else. There are people right now in this world dying because they do not have enough money to eat and we give athletes more money than they can spend because they are good at their sport. Professional athletes are extremely good at what they do, but do they really deserve millions of dollars because they can throw, kick, hit, or shoot a ball.
Is there really a win-win situation here? 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.
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. Athletes impact global, national, and local economies tremendously. Joel Brandenberger states, "From the professional level to college, high school and grade school participants, male and female athletes are playing games that spur revenue for their communities, cities, and ultimately their state." Around $14.3 billion a year is brought in by the sports industry in earnings.
The bidding on March Madness made more money than bids that were placed on the Super Bowl this past year. People love to watch young stars develop into the greater athletes that they are capable of being. The amateurism of college sports is why so many people are drawn to it. If the athletes were to be paid, it would forever change the organization and how it’s run. College athletes are amateurs, not professionals; therefore they should not be paid.
Sport Salaries I think there are some athletes that ask for too much. They should be playing the game because they love it. On the other hand they are getting that much money and can ask for that much, because no one else in the world can do there job as well as they can. Also, you and I and every other working guy is going to pay money to go see these guys compete. So, no I don't think they are overpaid.
They should be getting paid more for what they do for each other and our communities. All the listed professions are lucky if they make over seventy thousand dollars annually. Not to take away from any academic achievements that the athletes have received, but many police officers and all teachers, all have college degrees. Many athletes leave high school or college early because they want to make money like other famous professional athletes. Is money the only thing on athletes' minds?
Jobs are depending on the advancement of technology and tech savvy computer skills with modern jobs nowadays. Musicians are paid for making amazing music but making a career of a musician is just amusement. According to an anonymous author of the article “Entertainers are overpaid…..Is It The Truth or Pure Jealousy” “People love music…which results in a big paycheck for these artists.” There is so much demand for music that is why pro music artists are paid enormously. However, people are not going to learn much from becoming a musician other than learning music. The greatest music artists as of today are making millions off what they love to do and do not require any professional skill to get the job.
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. One issue that these high salaries cause is that having all this money spoils the athletes.