The world has often heard about million dollars prizes awarded to Olympic champions. At the same time there has been a dispute on whether athletes should receive such high salaries at all. I personally favor high salaries in sports. Indeed, sportsmen dedicate their whole life to break records and win golden medals. Far from anyone could stand such heavy loads that professional athletes endure permanently. Secondly, being a professional sportsman is an art of its own, since only talent together with hard work can bring prominent results; and as outstanding persons, champions should be rewarded adequately. Moreover, high salaries are usually paid to sportsmen by private organizations or governments who expect to get even bigger benefits later. The athlete wins gold to the team attracting further investments into it, or advertises a company s product. A lot of people however think that athletes salaries are really overrated. Firstly, in their opinion, many sportsmen take doping. So their results may not reflect exceptional efforts. Secondly, opponents of high salaries in sport claim that there are occupations which are more important for our society, like scientists, for example, whose achievements help progress. That may be true, but isn t there doping control which is aimed at disqualifying cheating athletes? As for scientists, yes, they deserve high incomes for their inventions, but sportsmen, not less than scientists, devote all their free time to get outstanding results, sacrificing rest, health and private life. All in all, fortunes are earned in sports unquestionably due to the uniqueness and social value of their achievements. Evidently, it is the feature of a market economy where famous personalities of sportsmen are used to promote goods.
During summer 2017, three of the biggest contracts in NBA history were signed.
Each surpassed the $40-million-per-season bar,. This is just the latest example of how, in the current century, professional athletesБ salaries have exploded to, sparking a debate on whether they deserve them. Athletes Sacrifice a Lot Professional athletes sacrifice important aspects of their lives, especially their health and family. For instance, no matter what sport, during each season, there are away games that keep players from their families. More significant, though, is that players put their bodies in danger daily. Physical injury can leave athletes handicapped or disabled for the rest of their lives; NFL players who experience can suffer from progressive degenerative disease that causes dementia and depression. Additionally, while most teenagers or college-age students spend their free time studying, working or hanging out, younger athletes aiming to qualify for the pros spend all of their free time training. Thus, professional athletesБ 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. б Franchise Players Sell More Tickets Professional sports is a money-earning business. Sports teams know that to stay profitable they need to win, which is why they sign the best players available. Quality superstars, or,Б are the face of the team, the on-court leaders. They make their teammates better, thereby improving the whole team.
This leads to more wins, and, in turn, more viewers, more merchandise sold and increased brand worth. Usually, a team has one franchise player, who makes a huge salary, arguably more than his projected value, since he drives the teamБs business profitability forward. The amount of money that team owners are willing to pay franchise players often comes at the expense of the other players. However, with fans willing to pay on tickets to see individual players, like LeBron James, franchise players have extra responsibility to live up to their star power. They also have the celebrity effect, which draws more paying fans in. Therefore, they deserve to earn more. Athletes Don t Get Paid As Much As We Think While the highest paid athletes draw more attention, the truth is that. Plus, we tend to forget that published professional athletesБ salaries are gross salaries. While these may seem huge, so are the deductions from them. Aside from federal, state and city taxes and pension, which everyone pays, players also need to pay agent fees, a $10,000 union due and Jock Tax for away games, among others. Sure, their net salaries may be higher than ours, but they are still lower than we tend to think and much lower than what is published. For instance, Stephen CurryБs and LeBron JamesБs are БonlyБ $15. 2 and $16. 7 million, respectively, which is much lower than the $34. 6 and $32. 8 million per year we all think they make. It Threatens the Future of Sports In 2016, the average annual income for a US household was while the average income of a professional athlete in the major leagues was between. The rising gap between the average AmericanБs income and professional athletesБ income might pose a serious threat to sports.
With ticket prices, let alone merchandise, sports fans might feel resentful toward funding overpaid athletes. If so, theyБll stop paying to watch or support professional sports teams, leaving the industry in the lurch. It Drains the True Meaning of Sports The large amounts of money invested in professional sports in recent years has the potential to drain the true meaning from sports. Given athletesБ large salaries, more youngsters want to become professional athletes Б but for the big money, not for the love of the game. This change in purpose has a negative impact on playersБ ambition to play. Take of the Washington Redskins. Once he has signed a $100 million contract with a $44 million guarantee, he had his worst season ever, as it just seemed like in the game. Professional athletes competing for money rather than for excellence will take the soul and magic out of sports, ruining it in the long run. Such Salaries Contribute to Income Inequality within Sports In recent years, has creeped into some sports leagues. This trend holds a significant effect on players` salaries: It helps some athletes get oversized contracts while increasing between athletes. In fact, pro athletes in minor league baseball. This pay gap creates unnecessary tensions within sport teams and is unfair to teammates who sacrifice just as much but for less money. Bottom line: While it seems like thereБs no way to stop such inflated salaries of professional athletes, the repercussions could cause long-term damage to sports. Do you think professional athletes overpaid?