Preview

Athletes Overpaid 1

Better Essays
Open Document
Open Document
1007 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Athletes Overpaid 1
* We all know doctors save lives, Soldiers protect lives. So why do athletes earn more than both of these combined. * The average NBA player earns 5.5 million dollars per year * The average MLB salary is 2.8 million Dollars * The average NFL salary is 1.8 million dollars * All of these salaries are not including endorsements * Famous boxer Floyd Mayweather just made 32 million for one fight against Miguel Cotto

* Athletes in today’s society are earning substantial amount of money, in some cases extremely ridiculous amounts. * Tiger Woods made $110 million during the past 12 months and is the best paid sportsman for the eighth straight year. Endorsements mean athletes are making even more money than just their salary. * Miami Heat NBA Star Lebron James is making an estimated $33 million annually through partnerships with Nike, Coca-Cola, McDonald’s, State Farm and Upper Deck. His empire expanded in April when he became a minority owner in soccer club Liverpool after a marketing agreement with Liverpool’s owner, Fenway Sports Group. This will mean he will make even more money, benefiting from the success of club. * No matter how you look at it, the guy getting paid multi million dollars to throw a ball around is making more per game than the average American household makes in an entire decade. * Chris Mueller of ESPN says , “It doesn 't really seem right that the thing my three-year-old nephew does for fun makes someone millions of dollars every year. Then again, life is not always fair”. * Many years ago, Athletes were not always paid more than CEOs. In the early stages of the American Football system, most players had to have a normal day job on top of playing, because there was no money to be made in pro football. English soccer, Lower leagues. Have to have a job. Doesn’t pay enough to live off. Some professional basketball leagues in Europe also don’t provide enough money to live off, athletes require a regular



Cited: Are Most Professional Athletes Overpaid?" – Juggle.com. Web. 12 May 2012 Badenhausen, Kurt. "The Top-Earning NBA Players." Forbes. Forbes Magazine, 25 Jan. 2012. Web. 12 May 201 Badenhousen, Kurt. "The Worlds Highest Paid Athletes." Forbes. Forbes Magazine, 6 June 2010. Web. 12 May 2012 Baghat, Mihir. "Are Professional Athletes Paid Too Much Money?" GridironGrit.com. 6 Dec. 2011. Web. 12 May 2012 Dan Rafael. "Floyd Mayweather Jr. Sets record." ESPN. ESPN Internet Ventures, 05 May 2012. Web. 12 May 2012 "Free Money Finance." Salaries of Average Professional Athletes (). Web. 12 May 2012 Toronto Sports Blog." Toronto Sports Blog. 5 Dec. 2010. Web. 12 May 2012

You May Also Find These Documents Helpful

  • Good Essays

    The NBA has various successful and profitable teams. Among these teams are the Boston Celtics who currently employ the highest paid NBA player. Starting power forward Kevin Garnett earns an estimated $22,000,000 per year. $5.36 million is the average salary of a NBA player (Heron 1). Rookies estimate earnings of about $500,000 each year(e.g. Helium.com).…

    • 503 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    In this online article I found from Academic Search Premier, it explores various professional athletes and their annual income. It is directed towards anyone interested in sports and athletes’ incomes. I would give this source credibility because Trent Frayne was a legendary sports writer whose career stretched over 60 years.…

    • 2280 Words
    • 10 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Bba Salary Research Paper

    • 334 Words
    • 2 Pages

    Who is the highest paid player in the NBA? The small markets haven't slowed LeBron James and Kevin Durant from becoming global superstars and the top-earning players in the NBA.James, 30, leads the way with total earnings of $64.6 million from salary and endorsements this season. The person who makes the most amount of money in the NBA is Kobe Bryant with $25 million dollars his retirement date was November 29,…

    • 334 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    To begin with Athletes get paid a bunch of money just to play a game. Athletes are getting paid a whole bunch of money a year the lowest they can be paid is 500,000. For example in June the colts signed a quarterback Andrew luck right to a contract worth 140 million . The average salary for a baseball player is 4 million. Athletes get paid too much money!…

    • 358 Words
    • 2 Pages
    Good Essays
  • Better Essays

    2. "Average Length of an NHL Player Career." Quanthockey.com. N.p., n.d. Web. 2 Apr 2013. <http://www.quanthockey.com/Distributions/CareerLengthGP.php>.…

    • 3911 Words
    • 16 Pages
    Better Essays
  • Good Essays

    Are Nba Players Overpaid?

    • 1519 Words
    • 7 Pages

    The subject of money can be very controversial when it comes to sports in general. Whether it is the NFL, NBA, or MLB, they all exist because of large sums money. The NBA in particular produces billions of dollars of revenue each year in advertisements, ticket sales, apparel, and other forms. Through these different forms of revenue, a portion of this money goes to all 30 teams in the NBA. In the millions of dollars that each team receives, parts of it go to the owners, coaches, players, and other staff, but that is not the main source of income for players.…

    • 1519 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Last year, while Lebron James makes baskets, in a basketball court, to get millions of dollars. Last year Lebron James made over 70 Million dollars for breaking the world record for the most baskets made. He has been playing for a couple years and he has already made more than the President who runs the U.S. Many professional athletes get paid million of dollars. Some people think that these athletes get overpaid for making many baskets in a row. Some other people believe they don’t make enough money. Athletes all around the world makes more money than anyone. Even the president.…

    • 276 Words
    • 2 Pages
    Good Essays
  • Best Essays

    "Should College Players Get Paid? – Morning Express - CNN.com Blogs." Morning Express - - CNN.com Blogs. Http://mxp.blogs.cnn.com, 13 Sept. 2011. Web. 15 Feb. 2012..…

    • 1737 Words
    • 7 Pages
    Best Essays
  • Satisfactory Essays

    First and foremost, athletes shouldn't get paid so much because of all the homeless children in the world. Athletes are paid millions each year to just play a game or sit on the bench and watch others play. There are numerous children in the world that are homeless and abused. They spend day and night spending time on the streets looking for…

    • 358 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    When Athletes Get Paid?

    • 391 Words
    • 2 Pages

    Athletes are getting paid by the sponsors and organizations that help support them. Basically, if they’re wearing the sponsor's name on their athletic gear then they get paid. Another…

    • 391 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    athletes not overpaid

    • 659 Words
    • 3 Pages

    In a world with numerous and various types of occupations, it is often difficult to measure the importance of each profession monetarily. Each person, society and organization has a different perspective on the significance of certain occupations but it seems that cross-culturally there is a common belief that professional athletes are extremely overpaid. Professional athletes worldwide are often questioned regarding their controversially large amount of pay. Taking into consideration the amount of workload and pressure most professional athletes deal with, it can be justified that they deserve the amount of money they make, showing that they are not overpaid. Firstly, consumers are willing to pay the athletes large amounts of money and also, they do not use taxpayer’s money. Professional athletes earn an appropriate amount of money in regards to their occupation and this should not come under criticism by the public.…

    • 659 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    “90% of professional athletes are being paid exactly what they deserve. The professional sports industry is a multi-billion dollar a year industry.” (Stein 1). This is meaning that if you are really good you will be paid more, because you are bringing in more money and therefore more people come to watch the carnage. As said above professional athletes are only paid what they deserve. Steph Curry a well known basketball player is making more than the players that sit the bench on the same team. This happens in the normal workforce as well. Someone that is working a blue collared job is not going to be making the same as a person who is working a white collared job. This concept happens everywhere, not just in professional sports. Another common concept that is shared is the value that these job are worth and how much pressure is on these major athletes. The more pressure that is on you the more you are generally going to make. This is true if you look at surgeons pay, powerline workers that have to hang out of a plane while fixing something in the air, and professional athletes. “The Masters is unlike any other major sporting event in the world since the management at Augusta National is against maxing out the almighty dollar in the name of tradition. That means they limit the number of corporate partners, limit the amount of commercials (four per hour) that run on the CBS broadcast of the event, and they have shown no interest in making any sort of real market value off their tickets.” (Rovell 1). The Masters is an event that is for people who are infatuated with golf and can not live without it. Some might say it is boring, but for some who enjoy watching Tiger Woods or major golf pros like that, this is a once in a lifetime opportunity. It is like the Super Bowl, but only for golf. “The world series is…

    • 1881 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    We all know that the world of sport is consisted of multimillion contracts and successful sportsmen are paid more money than other people who also do an important work for the country's welfare.…

    • 329 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Professional athletes are often rewarded extremely substantial amounts of money and lucrative endorsement deals. Many people argue that their salaries should be reduced to smaller amounts of money. Male athletes are one of the most highly paid people in the world. Athletes are some of the most talented people, but are they worth the millions that they are paid I do believe athletes don’t deserve the millions of dollars they make for what they do. I believe that all athletes are being overpaid just based off their entertainment. I have always been a huge sports fan, but athletes don’t deserve the money other people do to deserve it. Floyd Mayweather is the most paid athletes in the world, who makes an average of $80 million a year. Athletes…

    • 1096 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Professional athletes need a reality check on how important they really are to society. Prescott will make $680,848 this year, with bonuses added to his $450,000 base salary. Making this amount of money for simply playing a game is outrageous. The question shouldn’t be are professional athletes making enough, but rather: are they making too much?…

    • 461 Words
    • 2 Pages
    Good Essays