Pro athletes make too much money9/8/2023 ![]() When it comes to salary conflicts, the NBA, NFL, and MLB are the most well-known.Īthletes are compensated as a result of their popularity. In my lifetime, I've witnessed strikes and lockouts in almost every major sport, and they all revolve around the same basic issue: money. They feel this way because they believe athletes don't contribute anything to our society. Many people believe that NBA players, and all professional athletes in general, are overpaid. NBA players earn the highest money on average of any sport. Why do people think NBA players are overpaid? However, due to the fact that he will be 40 years old at the start of the 2013 season, some people claim that he is overpaid. The Indianapolis Colts' quarterback has a contract that pays him $25 million over the course of five years. The remaining money goes toward his family's savings account so they can survive if something happens to him while he is playing for a particular team.Īnother example is that of Peyton Manning. This means that he spends no more than this amount on himself each year. Many have to work other jobs along with their career in order to make ends meet.įor example, according to Business Insider, LeBron James makes about $10 million per year after tax credits. However, despite having lucrative contracts, these athletes are not necessarily rich. They often get paid large amounts of money for appearing in commercials or doing interviews for their reputation as successful athletes. Sometimes they receive even less than their contract demands.ĮSPN is one of many companies that employ professional athletes as brand ambassadors. This may come as a surprise to some, but just because sportsmen such as LeBron James, Manny Ramirez, Kobe Bryant, CC Sabathia, Alex Rodriguez, and others sign multi-year contracts worth more than $20 million per season does not always imply that professional athletes are overpaid. So, guess what? Athletes in the professional ranks are not overpriced. Are professional athletes overpaid by ESPN? As a result, if people think that players are overpaid, they should refrain from establishing such a high demand for sports. Teams generate money from ticket sales, viewership, and item sales, which they then pass on to their players. The fact is that players are compensated as a result of their fans.
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