Are NBA players overpaid?
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. Players receive their payment from their franchise which calls for the NBA to set salary caps. Salary caps limit the amount teams are allowed to pay their players. The more popular star players like Kobe Bryant or Carmelo Anthony make three to five times as much as the average player salary of five million. These amounts are usually based on the length of the players’ contracts. Some believe that these athletes are overpaid for the services that they provide to their teams. In other circumstances people think they should be compensated even more for the entertainment and enthusiasm they bring to the NBA. Through different points of assessment we can see what people really think about NBA salaries and the type of influence it has on society.
In the blog, (Athletes are Underpaid: The Economics of Player Salaries), the writer goes on to express his views on why he believes professional athletes are underpaid. “What, am I crazy?” is what this author begins with. He questions his audience because it’s assumed that negative feedback will erupt from this type of viewpoint. This continues on to the first major point of the fact that most athletes never go professional. The amount of hard work and passion needed to become a professional basketball player is tremendous. The blogger puts a point across by saying “It’s a pyramid”, all the steps it takes to become a professional. In the...
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