Get 20% off StudyMode
Page 1 of 2

Are Pro Athletes Paid Too Much?

Continues for 1 more pages »
Read full document

Are Pro Athletes Paid Too Much?

  • By
  • March 2011
  • 718 Words
  • 9 Views
Page 1 of 2
Are professional athletes paid too much?
Today’s sport’s world is the biggest revenue making industry in the world. Different sports bring in different amounts of revenue but they are all enormous amounts. I myself love sports so there are a few sports that I contribute to financially also. Is it fair that professional athletes get paid millions of dollars to entertain us? It is known that the sporting industry

Sporting events is a place for people to go, relax, have fun, and do something they enjoy doing, watching sports. However, the average family finds it difficult to buy tickets to them and still there are 66,960 fans that attend an NFL game. (Wikipedia) The public contributes to the athletes’ salary and then complains about how it’s too high. Athletes only get paid what the market can bear. If attendance at sporting events were to decrease and advertising wasn’t productive, the athletes would only make a portion of their salary that they make now. Athletes only bring in what they rake in. Pro athletes have a respective job. Athletes are considered the best in the world at what sport they play. Their owners/coaches only want the best of the best. They are always looking for improved and new players or even one’s that are being replaced. CEOs of companies are paid millions because they are trusted to produce income for the business and make it the best at what industry the company is in. Same for sports. Owners/coaches pay pro athletes millions of dollars because they are confident that they will produce more revenue and make them the best team at whatever league they are in. Not every sport pays their athletes millions. Only a small percentage of players in the four major leagues make millions of dollars. NBA, NHL, MLB, and NFL are the sports that pay their athletes millions. The NFL pays almost 1700 of it’s athletes over a million while the others are close to 700. The chances of becoming a professional athlete in any sport is .0000565:1. Actors,...