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Started By
Message
Are Pro Athletes Overpaid?
Posted on 10/31/12 at 2:09 pm
Posted on 10/31/12 at 2:09 pm
Had a discussion with a friend of mine recently after watching MNF and he believes that Athletes are paid WAY too much for what they do. I countered his argument by saying that we live in a capitalistic society where money is made by supply and demand. Pro athletes are there to entertain us and to play pro sports is extremely hard to do (requires amazing skill).
Are the contracts of Pro Athletes justified?
I firmly believe so....
Are the contracts of Pro Athletes justified?
I firmly believe so....
26
Posted on 10/31/12 at 2:11 pm to sonicsam
They are justified becasue we continue to pay to support those salaries.
Posted on 10/31/12 at 2:11 pm to sonicsam
quote:
Are the contracts of Pro Athletes justified?
I firmly believe so..
Ethically Yes I think they are overpaid for playing a game, but I understand business part about it. So the capitalist side in me says No they are not.
Posted on 10/31/12 at 2:11 pm to sonicsam
Athletes are paid what the market will bear.
Some people just don't like that.
The fact is that humans have always placed an extremely high value on entertainers.
Some people just don't like that.
The fact is that humans have always placed an extremely high value on entertainers.
Posted on 10/31/12 at 2:11 pm to sonicsam
yes they are, they should re-distribute there wealth to the rest of us, it's not fair. 
Posted on 10/31/12 at 2:11 pm to sonicsam
we are all worth what someone is willing to pay us
that being said, sports owners appears to be some of the biggest fools when dishing out contracts
that being said, sports owners appears to be some of the biggest fools when dishing out contracts
Posted on 10/31/12 at 2:13 pm to sonicsam
Yes. Most of them couldn't make much of a living doing anything else. If all the owners refused to pay more than 250k in salary then the players would be forced to take it or else face a life spent working manual labor most likely.
But collusion is a tricky business
But collusion is a tricky business
Posted on 10/31/12 at 2:13 pm to sonicsam
Their job does require great skill, but I really don't feel like someone could be worth $10 million a year. But it is the fault of the owners for paying that much.
Posted on 10/31/12 at 2:13 pm to sonicsam
Yes
Posted on 10/31/12 at 2:14 pm to XxxSpooky1
If you talk performance, and what they do to help a team win, no fricking way. However, I'm sure the bean counters have figured out how much revenue certain prima donnas can bring in in other areas, because they keep throwing money at them. (Matt Flynn? 
)
)
Posted on 10/31/12 at 2:14 pm to sonicsam
Yes, they are way way way way overpaid, but we have to blame ourselves for what they are paid. We are the ones that make them so valuable. If we stopped paying to watch them play games, they wouldn't get paid anything.
A stupid clear rock called diamond shouldn't hold that value either, but we assign the value and have only ourselves to blame for it.
A stupid clear rock called diamond shouldn't hold that value either, but we assign the value and have only ourselves to blame for it.
This post was edited on 10/31/12 at 2:15 pm
Posted on 10/31/12 at 2:14 pm to WikiTiger
quote:
The fact is that humans have always placed an extremely high value on entertainers.
This is very true. Gladiators were a great bargain but Lions incurred great costs in upkeep.
Posted on 10/31/12 at 2:14 pm to Rouge
I always hear the argument "Why don't we pay our teachers that much, they're the ones who actually improve our society?!"
-My response:
We would have to pay out the arse to send our kids to school if teachers were making $2+ million a year.
-My response:
We would have to pay out the arse to send our kids to school if teachers were making $2+ million a year.
Posted on 10/31/12 at 2:14 pm to WikiTiger
quote:
Athletes are paid what the market will bear.
Some people just don't like that.
The fact is that humans have always placed an extremely high value on entertainers.
Perfect answer. /thread
Posted on 10/31/12 at 2:15 pm to sonicsam
Yes, athletes and all major entertainers are very much over paid.
It is a business and supply and demand rules, so that is just the way it is. I don't want to step in and force change, but I wish people would stop bitching about how bad our country is economically right now when concerts and sporting events still draw $$$$ like they do.
It is a business and supply and demand rules, so that is just the way it is. I don't want to step in and force change, but I wish people would stop bitching about how bad our country is economically right now when concerts and sporting events still draw $$$$ like they do.
Posted on 10/31/12 at 2:15 pm to sonicsam
quote:
I always hear the argument "Why don't we pay our teachers that much, they're the ones who actually improve our society?!"
easy answer is supply and demand
pretty much anyone can teacher
Posted on 10/31/12 at 2:15 pm to trillhog
quote:
yes they are, they should re-distribute there wealth to the rest of us, it's not fair.
They do.
So long as you are a Mercedes/Cadillac dealer, a rim and stereo shop, custom jeweler, stripper, strip club owner, Alize distributor, paternity lawyer, night club owner or a cheesecake factory in Nashville, TN.
Posted on 10/31/12 at 2:16 pm to sonicsam
No
Posted on 10/31/12 at 2:16 pm to sonicsam
They're worth whatever someone is willing to pay them.
Posted on 10/31/12 at 2:18 pm to WikiTiger
quote:
Posted by WikiTiger Athletes are paid what the market will bear. Some people just don't like that. The fact is that humans have always placed an extremely high value on entertainers.
Exactly.
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