What’s more intriguing is the fact that some question whether NBA players are overpaid. Nathan (22) indicated that overpayment in the NBA is problematic. Statistically some players are overpaid based on poor or sub-par performance. These players are highly sought after because they are proficient in one aspect of their game such as three point shooting or they may be a defensive force. However, these same specialized players may be a major liability in other areas i.e., the three point shooter may be a poor defender and the defensive force may be a poor free throw shooter. Whatever the issue, overpayment in the NBA is a concern. The reason for payment is to fairly compensate a player for his play. However, in the NBA it seems as if compensation is a reward for past performance and anticipated or expected future performance. However, past performance and expected performance may not be good indicators of fair compensation. NBA owners and general managers often over spend for a player that they feel will meet and immediate …show more content…
There is a dearth of empirical literature regarding the topic of NBA player salary determinants. Whereas there have been some articles written on NBA player salary discrimination, the lack of empirical evidence as it relates to player performance and its impact on player salary have been virtually non-existent. This investigation serves to contribute to the paucity of empirical literature regarding NBA player salaries. Wage fund theory was chosen to guide this study. According to this theory, wages are determined by the amount of capital available to pay workers. As capital increases so do worker raises. This theory has a direct correlation to the NBA salary cap. The salary cap is comprised of Basketball Related Income (BRI) which consists of revenue generated from ticket sales, national and local broadcast deals, in
Sports stars aren’t getting paid enough each year to play sports because people who don't play are get paid a lot , the best players on each team should be paid the most, and MVP winners should be the most paid on their team. This topic is important because it need to tell the teams that the best players should be paid the most. A solution to this problem is to pay the best players the most. The best should be paid the
Do you think professional athletes are overpaid? You might think they earn more than what they are worth for playing half a year, but athletes have many things which contribute to their salary. Some of these things include their earnings from endorsements, ticket sales, performance, merchandise, their social contributions, and TV ratings. Although there are many factors that contribute to their salary, professional athletes may be overpaid because as a society, we contribute to their success. So, in the end, part of the athlete’s salary comes from the people who support the sports in the first place. These are just some of the reasons why athletes are paid so much money.
In this website article written by “The Doctor Chris Mueller”, a featured columnist from Bleacher Report, he explores both sides when it comes to the question “Are athletes overpaid?” and talks about the
Twenty-five million dollars made per year. Over one hundred fifty-four thousand dollars made per game. Over forty-seven thousand dollars earned per at bat. Sounds a little ridiculous, does it not? That is what current Texas Ranger shortstop Alex Rodriguez earns to play the game of baseball (azcentral.com). Baseball is a game that children have been playing in schoolyards and fields for the past one hundred years. It may not be a game anymore. On the Major League level it has become a business. This is where the problem starts.
Did you know that the average men’s basketball fair market value per player is $289,031 per year, and they don’t get not a thing from it, isn’t that crazy. This is very unfair because if the college athletes have to play their best even when they're sick or hurt and who is the real winner the NCAA because they’re the ones that get the money. College athletes should be paid because they work so hard in the classroom and it the gym because they have to do double what everyone else does. They need money to live because when you’re a college athlete you don’t have time for a job with your tight
Some people might say there's no guarantee that good players such as Karl Anthony Towns will stay in college. While there is no guarantee that all good players will stay, but paying them gives them a good reason to stay and get an education. According to five reasons college athletes should be paid, paying the athletes could get most of the players to stay longer. They could say you know what I’m getting paid, I’ll leave when I’m ready. The culture has become if you don’t want to stay here go. Instead of it’s good for you to be here. If the public really thinks it’s good to for kids to stay in school, why don’t we give them reasons to
A lot of people say the pro sports players get paid too much. Sports player is not getting paid too much money. The average salary rose 0.6 percent from the previous years, was the smallest increase since 2004, the farther a team makes it in the playoffs the more they get, a large majority of people debate that they get paid too little.
Due to National Collegiate Athletic Association (NCAA) rules and regulations no college athlete is able to receive any compensation or endorsement while participating in college athletics. These rules have long been challenged, however no changes have been made by the NCAA. With universities grossing close to $200 million a year college athletics has turned into one of the top industries in the world. The NCAA is a governing body of college athletics, but without people questioning the NCAA and demanding changes to the monopoly that the NCAA is nothing will happen to the unfairness to college athletes like it is currently.
In my opinion, athletes are way overpaid for their career. To begin, athletes have more money than they know what to do with. For example, Derrick Coleman, a basketball player for the nets, filed for chapter 7 bankruptcy after having taken loans from numerous sources throughout Detroit. Because pro athletes like him have so much money, they choose to use it in an amiss way. Athletes can act in a very inane manner with all the money they make each year. Next, we all love to watch athletes, but they aren't achieving or gaining anything important out of all
Many women professional basketball players work hard, are dedicated, and have a genuine love for the game; however, many of them are very underpaid when compared to the men professional basketball players. The difference between what men and women are paid for the same job is referred to as the gender wage gap. In the United States that gap is 78 cents, so a woman is paid 78 cents for every dollar paid to a man doing the same work. Lynx player Maya Moore said, "We’re not super rich like the guys … but money’s not everything when you’re talking about dynasties and legacies, and inspiring young women and men, and opening people’s minds." Obviously, they do not play for the money, they play because they love the game of basketball. The women basketball players work really hard and inspire more people everyday. They should be awarded and paid the equal amount just as any male basketball player.
Michael Vick, quarterback for the Philadelphia Eagles, was convicted of operating a massive dog fighting ring and was sentenced to 23 months in jail in 2007.
A different side to high NBA salaries is (NBA players are overpaid sissies). This opinion editorial was written by a Joe Alicata, a student from the Albany Student Press. Alicata believes that NBA players are overpaid for the kind of service they provide. At the time, the NBA lockout had just ended in 2011 so he starts with a tone of both anger and relief. The lockout occurred because there was an issue of revenue sharing between players and owners. Previously the players received 57 percent of the NBA’s basketball-related income, but players wanted more. This issue was not only explained with anger and disgust by one person, but the Alicata believes that other fans were also angry. This particular fan ranted by saying, “It’s the most ridiculous thing I’ve seen in my life…they make so much money, its childish.” The main points are made early in this reading; public arguments between players and owners about money are just ridiculous. Most people don’t even make millions a year and can only wish for that amount of money. Through that notion the audience should
In today’s society many will argue whether or not professional athletes are overpaid. In the present time athletes are being paid phenomenally large amounts of money for their entertainment. It is my claim that all professional athletes are overpaid because they do not offer society an essential function that improves or enhances our world in comparison to other professionals such as medical doctors, lawyers, and teachers. Society does not value entertainment enough to warrant such high salaries such as those of many professional athletes. There is no reason that these athletes should demand these tremendous amounts of money. This is why you have to put into question their reasoning for demanding
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?
In thirteen years of golf, Tiger Woods has made over a billion dollars making him the highest paid athlete ever. He has been the highest paid athlete now for five years in a row. We all know that many people in the world watch him play every weekend and admire him, but is the amount of entertainment he provides really worth 128 million dollars a year? Tiger is only one of many professional athletes who are extremely overpaid. “People forget that sports is entertainment,” says Leonard Armato, a sports agent. Although professional athletes provide entertainment for millions of viewers around the world, they are overpaid because the millions of dollars that they make could be distributed more evenly throughout society and go to things of a