...Large Salaries of Pro Athletes Negative Effects On Athletes and Sports Abstract This paper will explain the effects of the luxury contracts of athletes on sports as well as the athlete. The debate is whether the effect is a negative effect or not. This paper will aim to show how the contracts of athletes have changed significantly over time. It will also show how the pro athlete affect the sport of college in different aspects and if that helps or hurt the college athletics or influences it in a way to help the athletes. Then we will focus on how the salaries affect the players themselves. We take a look at today’s professional athlete and wonder what it be like to live like that. Even though the professional athlete is few in numbers, the popularity of such sports industries as the NFL, NBA, MLB and etc. are well documented by the lucrative pay days. The major sports industry is at least a 100 billion dollar business and growing. The athlete’s income only consist of a small percent of this amount, which leaves the majority to the industry itself. Though we must take into account the exploits of the professional athlete. The perception of today’s athlete has drastically changed from that of the last decade, and even as early as the 80’s. One of the major changes would be the drastic increase in the salaries paid to professional athletes. The high salaries have robbed what most would say the passion for the game that the athletes of early age played before the luxury...
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...Why should athletes not be paid? I’m going to tell you why the college athletes should not be paid. You should care about this topic because it is a problem that colleges face and if you want to play sports in college you might want to be paid for them but you get to choose to play sports or not. What some don’t know is that you shouldn’t have to get paid to play a sport that you chose to do. Today, I am going to try and persuade you why college athletes should not be paid. In college playing a sport is a privilege because most people that play sports in high school don’t play in college. What reason do athletes need more money, each year there are billions given to college athletes, the athletic scholarship averages over the schools tuition. Here is an example Ohio State of a little over $10,000 a year and the scholarship is $17,856 (Anderson). If they wanted to get paid let’s say a $100,000 salary that isn’t bad but a salary is affected by federal and state taxes. A student with a salary would have to pay a total of $34,900. That means the student only has $65,100. And college expenses get to $65,000 then then what was $100,000 is only $100, so is getting paid and having a salary better...
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...Gage Meyers Mrs. Byers Comp. 1-4 15 April 2014 Athletes Do Not Deserve What They Are Paid It would be great to make 31.3 million dollars a year. Adding an additional 47 million dollars in endorsements for simply playing a game that an athlete loves. Michael Jordan, along with several other professional athletes, think getting paid millions of dollars is perfect. In the 1996 season, after playing 3,106 minutes, Michael Jordan made 170,000 dollars a day which is the equivalent of 160.97 dollars a second (Christian Science Monitor). Another unbelievable statistic is Mike Tyson's earnings in his match with Peter McNeeley. In a single second, he made 281,000 dollars (Christian Science Monitor). Alex Rodriguez will be paid $29 million this season, making him the highest paid player in baseball (Newsday). Rodriguez’s salary is $4 million more than the entire 25-man roster of the Houston Astros will make this year (Newsday). Athletes do not deserve all that money. President Obama’s salary is 400,000 dollars. President Obama is the leader of the ‘United States of America, and he is paid less than a professional athlete that sits on the bench in any professional sport. Professional athletes are easily the most over paid job in America. Professional athletes are overpaid in several professional sports. Professional sports generate massive revenues, and the athletes who play these sports are being paid tremendously high salaries. New York Yankees baseball star, Alex Rodriguez, signed a contract...
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...full of unpaid bills and a refrigerator that is empty. For many college athletes today this is a very real scenario. Student athletes from colleges across the country dedicate their whole lives to a sport and receive no compensation from the NCAA for their hard work. The NCAA, or the National Collegiate Athletic Association, regulates and controls all activity that has to do with collegiate sports. The NCAA is also responsible for resolving all complications in collegiate sports but is often ridiculed by many for neglecting the issue of paying college athletes. While some do believe that athletes are already compensated enough, others agree that these athletes deserve payment. This topic has sparked debate throughout the country and that is why currently the NCAA is working hard to find a solution. There are many reasons that student athletes should be paid, including: the NCAA and the rest of college sports is a multi billion-dollar industry, student athletes have no time for work to support their very active lifestyle, there is high injury risk that comes with playing competitive sports, and finally the added incentive for athletes to stay in school and the overall competiveness would rise making the collegiate athletics more enjoyable. First off, the NCAA and all of college sports is multi billion-dollar industry and the hardworking athletes deserve some compensation for their dedication to their sport. Games, tournaments, jersey and memorabilia sales bring in most of this...
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...Gender Gap For Athletes Abstract: The gender wage gap right now is as prevalent in the United State as ever, although in recent years it has shrunk, but women still make significantly less than men. In this paper I will focus on the gender wage gap amongst athletes and examine the possibilities for the gap in income. Income Gender Gap For Athletes The income of professional athletes have been a popular debate for the past twenty years due to the exponential growth of their income accompanied with a rise in cost to attend sporting events. The growth of female athletes’ salary has also been very large, but they still make significantly less than male athletes. There are several factors that affect the gap in earnings such as larger revenues in men leagues because of a larger demand for men’s sports and other factors that may include discrimination. Athletes throughout the world are known for being extremely highly paid, some athletes such as Tiger Woods have net worth’s approaching a billion dollars. The salary of professional athletes has come a long way in recent years; with the help of labor unions they have gotten a fair portion revenues unlike athletes in the past when owners got almost all revenues. Female athlete’s salaries have increased but not at the extreme rate that men’s have. Tiger Woods is the highest paid male athlete in the world with a salary that includes endorsements he made 100 million dollars, (Freedman 1) but the highest paid athlete tennis player...
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...College athletes do not earn any pay for playing a sport. Student athletes should earn pay for their ability and devotion to their sport. College athletes devote many hours of hard work, they bring revenue toward that goes to the college, and it gives the athletes a taste of financial responsibility. College athletes devote most of their life to get better at the sport they play. Time is key for the life of a student athlete. Athletes are not offered free time while playing a sport and when they do they are studying. According to Dave Anderson of Listland, “A college athlete’s schedule includes a full-time college schedule that they must maintain if they college athlete’s schedule includes a full-time college schedule that they must maintain...
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...Should professional athletes’ salaries be a limit? Should the professional athletes’ salaries be limited? This kind of question has been widespread and debated for a period of time. Why? It is because of the popularity of many sport competitions or simply sport fans around the world that support and make this happened. We have started to question about the appropriateness of the amount of salary the professional athletes are offered because the quantity is unbelievably rich and impossibly affordable in the view of common people. For instance, Gareth Bale, a Welsh soccer player, signed a world-record contract moving from his old club Tottenham Hotspur, London to Real Madrid, Spain. The contract is worth 100 million euros and has allowed him to earn 170,000 euros a week, and as we can see the amount of salary is highly beyond the average salary a person should get. This reason makes things understandable when we see our children writing in their articles that in the future they would like to be a professional athlete rather than a salary man. As a result, some people who view it as unfair would give recommendation that the athlete’s salary should be reduced and limited, so that that amount of money could be used for developing in other necessary fields. However, their opinions are likely ignored and taken no action because in the reality there are no such laws and regulations in the first place. In my opinion, there are three main reasons to support my viewpoint what the professional...
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...Athletes and the Money They Make Wouldn’t you like to make over $100 million a year by simply playing a game? Well you can if you are a professional athlete playing at the NBA (National Basketball Association), MLB (Major League Baseball) or any other league. We all know that these professional athletes make a lot of money and there has always been a debate on this topic. People often question why professional athletes are earning so much but they do not often consider why these professional athletes truly deserve the money they earn. Professional athletes work a rigorous routine. Most people think these athletes only work a particular season of course this is not true, training and conditioning is year round. Athletes must spend their time staying in shape and they have to train during offseason. This means that athletes do not have much time for themselves or their families. This conflict with what most people believe about athletes and how they go out to parties and spend all their money. When in a team of professional sports the team would not wait for an athlete to get back in shape. So if a player does not stay in shape he or she is most likely going to lose their job. It is important for athletes to stay in fit so they can keep their job and still receive their paycheck. Athletes have to risk an injury every time they go out on the field to play. Football leads all other sports when it comes to injuries, the most common injury are traumatic injuries such as a concussion...
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...professional athletes thinks so. In the 1996 season, playing 3,106 minutes Michael Jordan made 170,000 dollars a day, equaling out to be 160.97 dollars a second. Even more unbelievable are Mike Tyson's earnings in his match with Peter McNeeley. In a single second, he made 281,000 dollars ("Professional AthletesÉ"). Do these athletes really deserve all that money? "Professional athletes are making too much money in a society where salaries and wages are traditionally based on the value of ones work" ("Professional AthletesÉ"). In today's society, one will be paid more if their job is more economically important. However, teaching is one of the most economically important occupations because our future economy relies on the education of its youth, yet teachers are paid much less than the average professional athlete. The U.S President makes decisions that affect our economy and yet he only makes 250,000 dollars a year (Turner). Professional athletes do not play near as vital role in the economy as the president, but their salaries reflect otherwise. These games are supposed to be played for fun, not for millions of dollars. Opponents of this view say payment is being received for a service, therefore professional sports are a business. Many people believe athletes are being paid for little work, but in fact they work harder than any one else. Not only do they work during their particular season; they also work in the off season. Most professional athletes train...
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...hours on average a college athlete practices per year. A full 44.8 hours a week, more than how much time you spend at your job or at school. To help you get an idea, you work on average for about 40 hours a week and you go to school for about 35 hours a week (5 days in school week). If you take about 2,329 hours every year to play a sport or to do anything then you would want to get paid for it so you know that it could help you in the future right? Perfecting the sport might help you get to the state teams but while spending all of this time practicing and going to school, I doubt you have time for a job, getting paid for being on your college team might just help you out. However,...
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...Professional athletes have a profound role in society. They are seen as modern day heroes. These superstars are idolized and enjoyed by many aspiring young athletes. The sole purpose of a professional athlete in society is for entertainment. The business of sport is that of entertainment. A heart surgeon also has a phenomenal role in society, but this role is often over seen. Surgeons and doctors are heroes, and perform real life miracles everyday. The surgeon has the ability to save lives. In a society that is often obsessed with being entertained, the qualities and sacrifices made by doctors and surgeons are often ignored. Significant evidence will be provided to prove that duties and workmanship of a heart surgeon are more strenuous than that of a professional athlete. The evidence provided will prove that doctors and surgeons should be paid more and have a higher "hero" status that that of a professional athlete. Professional athletes are involved in an economically profitable business. They are appreciated by millions of fans. Many of these athletes have made names for themselves in households around the country. The professional athlete has a lifestyle that many people can envy. The average major league baseball salary is $3.31 million. It is amazing that a professional baseball player can make millions of dollars for playing a game that he has enjoyed since his childhood. No formal education is needed to become a professional baseball player. Education should be prerequisite...
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...10 March 2014 Amateurs or Professionals? Big-money college sports takes your breath away. College football and men’s basketball have become such huge commercial enterprises that together they generate more than $6 billion in annual revenue, more than the National Basketball Association. A top college coach can make as much or more than a professional coach. Powerful conferences like the S.E.C. and the Pac 12 have signed lucrative TV deals, while the Big 10 and the University of Texas have created their own sports networks. Last year, Turner Broadcasting and CBS signed a 14-year, $10.8 billion deal for the television rights to the NCAA’s men’s basketball national championship tournament (a.k.a “March Madness”). And what does the labor force that makes it possible for coaches to earn millions, and causes marketers to spend billions, get? Nothing. The workers are supposed to be content with a scholarship that does not even cover the full cost of attending college. Any student athlete who accepts an unapproved, free hamburger from a coach, or even a fan, is in violation of NCAA rules. Nevertheless, the NCAA prohibits any form of payments, beyond scholarships, to any athlete who is responsible for producing the revenue. The NCAA also restricts the ability for any college athlete to earn income from an outside source. In a study sponsored by the NCAA, they discovered that college players have less money than non-athletic students, and almost fifty-eight percent are not even provided...
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...Being an athletes is one of the best-paid jobs on Earth. Being that they are paid so much the cost for the consumer is very high. The prices of tickets and sports memorabilia have been steadily rising over the years. The average ticket prices for the NHL, MLB, NBA and NFL all rose 5% to 10% this year, according to Jon Greenberg, executive editor of Team Marketing Report. (Mihoces). Athletes are very highly paid due to the fact that there is a large demand of viewers that like to follow their sport. Without the fans, the demand for sports wouldn’t be as high and due to the fact that the fans pay their salaries. The fact of the matter is that professional athletes are making a lot of money because people are willing to pay the high costs of tickets and merchandise to watch some of the best athletes. A good example of that is if you compare the salary of the average NFL player to the average MLS player. The average NFL player makes $705,882 while the average MLS player makes $79,500 (Keating). In America we have the best football players in the world and people are more willing to pay more to watch them than MLS players. Revenue in all sporting franchises has been going up at a steady rate each year due to the work of the athletes and it only makes sense that their pay increases relative to the money coming into their sport. It is simply economics, “athletes, like all workers, are worth what the free market is willing to pay” (Keating). The bosses of these athletes are going...
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...The next generation of sports managers will have a lot of new challenges to face, and some challenges that aren’t so new. Integral to earning and using your degree in sports management is a fundamental knowledge and understanding of the most important elements of any franchise – the athletes. Confronting the challenges these figures have and continue to face are an important part of any sports management position. One such challenge is the disparity in pay among male and female athletes. The income gap between men and women athletes, is on average only 77% of what their male counterparts earn. However, the gap is much wider in the world of elite sports, where female athletes earn just a fraction of what men earn in the same profession. The inequality...
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...Pay to Play: Economic Impact of Paying College Athletes 1. Purpose of Research & Analysis On April 25, 2014, the National Labor Relations Board in Washington, D.C., granted Northwestern University's request to review the decision made by the regional office recognizing the school's football players as employees. In mid-April, Northwestern football players voted as a team on whether or not to unionize, but the votes will only be opened if the board ends up siding with the players, which may take at least a couple of months. Ultimately, the Northwestern football players are determining their fate through this secret ballot and their decision to form the first union amongst college athletes—a decision that has the ability to change the landscape of American college sports. If granted the right to unionize, the Northwestern football team will actually have the ability to bargain over their conditions and it is expected that this could ultimately lead to requesting salary compensation for their efforts. In light of these recent historic discussions, it is critical to analyze not only the ethical, but also the economic impact of such potential situations. My research paper has been structured to shed some light into the challenging and complicated discussions that continue to occur around this topic. Specifically, I have broken my research and analysis into three key topics. First, I explore whether or not there is an underlying issue with the current state, from an economic perspective...
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