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Why do professional sports players get paid so much?
Somehow that doesn’t seem fair. But one of the reasons pro athletes make so much money is that we love to watch their games. These businesses pay the money because they know millions of fans will watch the games. TV networks then sell ads for cars, pizza and lots of other stuff that they show during the games.
Are professional sports players salaries too high?
In my mind, absolutely not. Professional athletes are making too much money in a society where salaries and wages are traditionally based on the value of one’s work. In fact, each basket Kobe Bryant scores earns him equivalent to the average classroom teacher’s yearly salary.
Is it fair for professional athletes to receive such high salaries?
Thus, professional athletes’ salaries are a fair compensation for the countless time and energy they put into training and the huge health risks they take, especially considering that their careers typically end around the age of 35. Professional sports is a money-earning business.
Why do athletes and celebrities get paid?
Sports stars and celebrities are idolised for their talents and, oftentimes, their looks, so it makes sense that brands are keen to profit off their cachet through job contracts and endorsement deals. That makes their monetary value far higher than the average teacher or nurse.
Why professional athletes should not be paid so much?
Lowering athlete’s salaries could also reduce the cost of going to see them play and buying concessions at games and if the prices don’t change, the money could go to charities. An extra million is enough for some players to switch teams, so lower salaries could make players more loyal to their team and community.
Why do sports stars get paid so much money?
Similarly, the owners of baseball teams who receive municipal subsidies to build fancy, new stadiums can pay their players more than they could without that government largess. Nevertheless, the enormous salaries earned by sports stars are chiefly the result of the willingness of their fans to pay to see them play.
Do professional athletes deserve to earn more?
Therefore, they deserve to earn more. While the highest paid athletes draw more attention, the truth is that most athletes are fairly paid. Plus, we tend to forget that published professional athletes’ salaries are gross salaries.
Should the sports industry pay for overpaid athletes?
With ticket prices gradually rising, not to mention merchandise price tags, sports fans might feel resentful toward funding overpaid athletes. If so, they’ll stop paying to watch or support professional sports teams, leaving the industry in the lurch.
Why do we pay so much attention to athletes?
Most jobs yield results that are limited in effect, but athletes can affect billions of people by their performance Another point is that these athletes are not directly replaceable. There is only one best, active basketball player in the world, and he is LeBron James. We pay to see the best, and he is it.