Professionals Paid To Much
Ever since contracts began in professional sports the price of athletes has continued to rise. So why are athletes worth so much? And where does all the money come from? It is all about the revenue, a team’srevenue determines how much they can pay their players. Athletes deserve their pay because they aresome of the hardest working people and are the cornerstone of a business that makes billions of dollars. ` ` Athletes are some of the highest people not only in the United States but possibly in the world. But it hasn’t always been that way.
When contracts in professional sports first began athletes were barely making enough to pay for their meals. They were paid in the area of twenty dollars a week. Even though that was in the early 1900’s it still wasn’t much. And ever since the sports entertainment industry became popular around that time period salaries skyrocketed. For example, in the 1920’s legendary baseball player Babe Ruth earned more in one year than the president of the U. S. at the time. Since then athletes have been taking the money and running with it. ` ` Athletes are paid so much because they are the focal point of these multi-billion dollar industries.
Their success determines the success of the wholeteam’sfranchise, and if the team doesn’t have any success they’ll be no money for anyone to make. Although it may not seem like it, professional athletes are some of the hardest working people around, not only physically but mentally as well. They put their bodies through vigorous training and deserve every penny they earn. Although anathlete’sseason is only a couple of months out of the year, they don’t just start getting ready a couple of weeks before the start of the season. They train year round to keep their bodies in shape. They work six to seven days a week for up to fifteen hours a day.
Vacations are rare; they don’t get much time off, and they are always in the public eye, which can be quite stressful. They maintain their bodies so that they are able to compete at the highest level possible. They do this to ensure that when game time comes they are physically able to perform for the fans, which is their main goal besides winning, to keep ratings high and maintain their high priced salaries without question. ` ` Teams can afford to pay their players so much because the sports industry is a 90 billion dollar industry and athlete’s incomes are only five percent of that.
This is so because as each team gains more and more success the value of that team goes up and when the team’s value is up, they attract more media attention which results in more fans. More fans means more money spent on tickets, team apparel, and concessions during the game. Sports are a form of entertainment, and when people are entertained they continue to be interested, and show their support by attending games or watching them on television or listening by radio:` The beauty of it is that the service of sports can be consumed by more than one individual per unit time.
Think about it, a stadium of people watching A-Rod consumes his service at the same time, which means his service is available to thousands of people in unison. Factor in television and you’ve got a service available to millions of people all at once (Reece). This is relevant becauseunlike athletes most jobs do not provide a service to millions of people so their not going to be paid as if they are. And since a team can provide a service to so many people they can pay their players as much as possible.
` Unfortunately, sometimes teams do not always have the success they want from their players, and have to search for new ones to get the job done. So what can teams do to make them selves more likely to win? “Perhaps the primary way is to employbetter player talent” (Doc). Having better players improves your chances of winning, and winning leads to larger team revenue, sothat better players can continue to be signed making the team much better. ` ` The effects of paying athletes too much can become an issue because athletes are realizing that they can earn more money than they ever thought could.
Each time a player’scontract is up, they are either traded, released or renegotiate a new contract. Most of the time during negotiations athletes will demand more money than the team is willing to pay, because they know if they stick to what they want they will eventually get it. Players will go to extreme measures to obtain a sizeable contract, to the extent that they will holdout. Meaning they separate themselves from the team. Causing them to miss mandatory meetings, practices, and team functions, which are critical to a team’s success.
Some holdouts even go into the sports season, causing them to miss games, all which the player is fined thousand of dollars for. When it goes as far as that, some players will start to criticize the team’s management in the media causing even more of a problem. These holdouts cause friction with team management, coaches, player’s and affect the team directly. This is why some believe that athletes are spoiled and undeserving of the money their paidand should not be looked up to. Anderson says that, “The off field
behavior of many athletes allegedly demonstrates that we should not be paying great sums of money to people who are not proper rolemodels for our children”. Anderson is one of many who feel that way about athletes, and will not be the last person to address the subject. ` Yes, professional athletes and actors are paid to much. Professional athletes and actors get paid a substantial amount of money for one game, or movie. While our men and women in the United States Military are struggling to feed their families.
It is a sad commentary on our societal values that these entertainers are taking in seven million dollars a years or more. While teachers, police officers, and firefighters make less than one percent of the income of some athletes and actors. Even if an athlete or actor is having a bad seaon they still recieve there contract ensured pay. Although some people would say, “There is a long and tough way towards becoming a great and the famous sports star or movie star. It not only requires persistent efforts but also talent. Few people on this field could accomplish great things like them.
As a reward, they deserve a higher compensation. ” On other hand, a Staff Sergeant (E6) in the United states Army makes an average of $28,285 a year. These are men and women on the front line difending our Country. They are not acting on a telivision show or playing a game. Professional athletes and actors should not be paid more than our men and women who fight for our Country. If a soldiers gets hurt his or her’s pay is almost cut in half. If a professional athlete gets hurt they are still paid an overly substantial amount of money.
When an actor gets sicks they will put the film they are making on hold. While the actor still is getting paid millions of dollars. The work professional athletes and actors do may be hard, but just for our entertainment it is not worth the price they a paid. The amount of money they make every year is ridiculous. Our soldiers do not get paid half of what an actor or a profession athlete do. In conclusion yes professional athletes and actors are paid to much. Now ill tell you why they should be payed so much. movie and sports stars certainly are under a great deal of pressure.
The first pressure is that they are always at risk of injuries and also accidents. movie studios and sports teams get a large amount of money from their stars’s work. Filmmakers get money from the sale of movie tickets, while spectators have to pay money to watch a sports match. In fact, there is a high difference between the revenue of producer and the money that actors are paid. For example, Mission Impossible 4, a movie released in 2011, had grossed nearly $700,000,000 worldwide (Box Office Mojo Online). However, the main actor – Tom Cruise was paid only $12,000,000 (Statistic Brain Online, 2012).
Not only that but also the star’s trademark brings a great deal of value to sponsors. Some stars become advertising tools of their teams or their companies, whereas some others share their royalty images with the owners. An example is that Cristiano Ronaldo, a soccer star, who gets $30 million each year in various endorsements, has to agree to a 6:4 split of this money with his club – Real Madrid (Jamie Sanderson, 2012). Therefore, if movie and sports stars thrust a lot of money on their managements, it will be not fair if they get paid less.