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Are Professional Athletes Overpaid?
Current Issues Blog
NO
by Jennifer Fontaine, sports promoter
1 In the United States, sports are big business. That's $$435 billion-per year big
according to a 2012 market research estimate of the entire sports industry
The center of this business is professional athletes. They are the ones making
the diving catches, bone crushing tackles, and clutch three-point shots at the
buzzer that thrill us all. They are the reason a fan pays $1,000 for a playoff
ticket. An
athlete's salary is determined by basic math. If a sport pulls in billions of
dollars, high salaries are paid out. That is the business of sports,
2. Additionally, the size of athletes' salaries is often exaggerated. Few actually
earn tens of millions of dollars a year. In 2010 and 2011, the average
profe onal athlete's nual salary was $1.9 million for football, $3.34 million
for baseball, and $5.15 million for basketball. While some superstars do earn
$30 million, $40 million, or even
$50 million, those players are the best of the best imbued with rama alante