Outrageous Salaries
Today's professional athletes make astronomical salaries and their only going one direction. Up. Every year we hear we hear about how a professional athlete just signed a contract worth a record (insert ridiculous amount here) million dollars. Then about the same time the very next year we hear about how another athlete is signing a new contract worth even more than the previous high. In fact, most professional sports minimum salaries are over $100,000 per year. These salaries are not at all reflective of these athletes economic importance. Professional athletes are making too much money in a society that's salaries and wages are traditionally based on the value of ones work.Whose fault is it that these athletes make these huge salaries? According to Chris Butterfield it's our fault (Big Money Pro Sports Create New Brand of Athlete). He's right, it is our fault. We're the ones who go to these sporting events and shell out the $50 a ticket, the $100 for the jacket, and the $20 for the hat of our favorite teams. We're the ones who support these professional sporting teams, and in turn the players. The reason these ticket prices go up constantly are partly because they need to make more money to pay for our favorite stars, and pa
Now Carrier (air conditioning) didn't pay for the stadium, they pay the owner (or in this case the college) to put their name on the building. I'd never actually realized that there was so much greed in the college game as well. You cannot tell me that Mike Tyson, Michael Jordan, or any professional athlete is worth that kind of money. Tyson made 281,000 dollars a second in a single match against Peter McNeeley. In staying with the greed aspect of sports, Wayne Barrett pointed out a couple of good points that I'd never thought of before(It's a Whole New Ball Game):For example, it was bad enough when all the New Year's college bowl games were renamed after corporations that paid millions to have their emblems attached to these premier gridiron clashes, but it's a real slap when a club owner takes a multi-million-dollar payoff to rename a venue that he doesn't even own. Sometimes the franchise needs more money to acquire new players, but what if they don't have it? Well, all they have to do is ask a current player to restructure his contract to free up money to pay for the newly acquired player. Peter Euler pointed out that (Athletes' Salaries Becoming Outrageous): Athletes should all take a look at the 1997 Pittsburgh Pirates. They were a bunch of average players whose total salary was less than Albert Belle's personal salary; yet, they were in the hunt for a playoff spot midway through the final week of the season, while Belle's White Sox were not. After all, I've never heard of such a thing as an NBA player in need. Why would he do that? Simple, he feels he is entitled to that money. That's not near as bad when a school does this as when a professional team does it, because as Barrett pointed out, it's the owner who pockets that money, where it should be the city and the taxpayers who actually paid for the stadium who get it. In fact, according to Richard O'Brien and Hank Hersch (It's a Whole New Ball Game), in that same 1996 season, Michael Jordan played 3,106 minutes of basketball and that equaled out to $160. I don't even make that when I work 25 hours a week. In closing, not only is greed ruining professional sports, but these professional athletes are making too much money in a society that's salaries and wages are traditionally based on the value of ones work. The president of the United States makes a somewhat modest $250,000 a year, and this basketball player practically brings that home each day.
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