ipl-logo

Greed In The Sports Industry Essay

822 Words4 Pages

Greed negatively affects the sports industry through ticket prices, merchandise, and salaries. Most people think that, in sports, the main motivation is to win, but it truly is money. Money to participate, money to watch, money for stadiums, and money to represent their favorite team. The sports industry has gone from the love of sports to the love of money. One of the main problems in the sports industry in the rising cost of tickets. Over the last decade, the attendance at sports competitions has greatly decreased due to the cost of tickets. Stadium owners want to increase the price of tickets to increase their amount of revenue. On average for a family of four to attend a New York Knicks the total cost would be 608.78 dollars, and for …show more content…

In Cincinnati, when the Bengals made the playoffs, the club management shot a video with several players begging fans to buy tickets. One former player, made a millionaire by the fans, said he would buy the 8,000 unsold tickets, but this turned out to be merely boasting that he was rich enough to do it. He was actually only joking. (“The Washington Times, LLC”). This example shows how the players do not truly care for the fans, and that he players just want the fans at their game for their money. Not only has the price of tickets increased but also the price of …show more content…

Professional athlete’s salaries almost triple the amount of money that doctors, firefighters, police officers, and the president of the United States makes yearly. Athletes are offered millions of dollars to throw a ball, shoot a ball, or tackle each other for entertainment, and are also offered millions of dollars to represent certain companies such as Nike or Adidas. Players get very greedy with their contracts, and think that they are worth more than they actually are. For example New York Mets’ catcher, Mike Piazza signed a

Show More
Related

Inventions In The 1920's

840 Words | 4 Pages

The Teams began to build stadiums which helped the sports industry tremendously. “The 19th century had admired its sporting heroes, but the mass media extended their reach, transforming local idols into national celebrities. Many cities built huge football stadiums and baseball parks. The number of Americans attending sports games doubled during the decade.” The sports industry impacted the 1920’s and clearly helped bring in fans and income towards the industry.

Read More

Should Athletes Be Paid Research Paper

985 Words | 4 Pages

Wouldn’t it be nice to earn millions of dollars to play a sport for fun? Being a professional athlete is something almost everybody has dreamed about and only a modest percentage have achieved. Sports are part of everyday life for most people in the country and millions of people idolize the players. Professional athletes are making over and above what they deserve. this money should be given to doctors and the armed forces.

Read More

Commercialism In Sports

1910 Words | 8 Pages

Sports and Brands Today the sports industry is a multi-billion dollar business and everyone knows that with hard work and potential you could walk into a world where your next sponsoring deal is just around the corner, but where does this whole industry have its roots? Throwback to the 19th century: Sports like boxing or rowing had been around for decades. Professional boxing was even seen as a job but sports in general were not seen as serious as they are now. Amateurs and Professionals could take part in rowing championships.

Read More

Pros And Cons Of Municipal Bond Investments

1449 Words | 6 Pages

Sports are something most Americans can relate to; many of us played some type of sport as a kid and some of us are die-hard fans. Sports have developed with us as a society and have become an interwoven piece of our culture and their effects can be seen in many cities countrywide. The facilities where these teams play can become a centerpiece of the local community and the teams themselves can bring people from all walks of life together in search of one mutual goal, for their team to win. The controversy arises when it comes to how many professional stadiums are routinely being funded and whether taxpayers should foot the multi-billion-dollar bill. This has not always been a controversy, however, as prior to 1953 stadiums were largely funded

Read More

Why Athletes Go Broke Essay

1391 Words | 6 Pages

Why Professional Athletes Go Broke? Young athlete’s main goal to attain is to become a professional athlete. Many want to become a professional athlete due to the money, others for the love of the particular sport that they are interested in. There is a downside in becoming a professional athlete, that many young players are not aware of.

Read More

Essay On Why Athletes Go Broke

1385 Words | 6 Pages

So we talk about making sure they understand that concept. Accordingly, professional athletes need to be smart about their money. Former offensive lineman, Jeff Byers said it best when he stated, “You have to live significantly below your means. As a 22-year-old making $400,000, you have to act like you’re a 22-year-old making 60,000” ( “NFL

Read More

College Athletes Get Paid

904 Words | 4 Pages

Most people always say, “How can you go broke if you’re making millions of dollars a year for playing a game?” What people don’t realize is that they don’t know how to control that type of money. “Athletes are no different than any other college grads in that they were not trained as undergrads in budgeting, the tax system, and long term financial planning”(Steinberg). Athletes go from making zero dollars to making millions after they sign their contract. This money just keeps flowing in and they keep spending it like it never going to end.

Read More

Essay: Why College Athletes Should Be Paid

978 Words | 4 Pages

Although college athletes may be on a scholarship that is paying for their education, they also work countless hours on their craft and make millions for their

Read More

Persuasive Essay On Pro Athletes Overpaid

483 Words | 2 Pages

Athletes - Paid for Their Worth Most people think that athletes are overpaid and see huge contracts come out every year. It’s not everyday that an athlete wakes up to a 20 million dollar contract. In fact, they actually worked for it over many years of training and dedication. Pro athletes are paid exactly what they deserve because they work hard and sacrifice more than most people think. It's not just businesses paying them; people do things like buy merchandise, tickets to the games and support their favorite teams while the athlete does the “dirty” work of performing.

Read More

Pro Athletes Get Paid Too Much Essay

796 Words | 4 Pages

People know that doctors and firefighters save lives, while athletes play a game to make money. Even teachers pay isn’t anywhere near to athletes; they educate the generation’s youth so they can make a difference in the future. So many jobs that are very important don’t get paid as much and that money can go towards better causes. But these are only some of the reasons that pro athletes get paid too much.

Read More

Bureaucracy In Modern Sports

1050 Words | 5 Pages

The sun illuminates countless all-American names, with the occasional Coke or Papa John’s sponsor signs. The play clock ticks down to zero, and the stadium is finally filled to maximum capacity. Kickoff commences, players scramble across the field, and suddenly the only problems in the world hinge on if the Nike plastered football is past the downs marker. There are the elite suites high above the stadium cloaked in shade, but the majority are cramped and blisteringly hot. We are all united as one, cheering our team to victory, and thriving on the culture that is modern day sports.

Read More

Essay On Pro Athletes Overpaid

730 Words | 3 Pages

Professional athletes are extremely overpaid for the “jobs” that they do. They only entertain for a living and get paid millions of dollars per season. Each sport is different in how they pay their athletes, and the difference in salaries from one player to another can be in the tens of millions of dollars. These athletes are paid for jobs that they only do for a certain number of games and do not even play the games over the course of an entire year. In most professional sports, they play in games for only a few months and then have a few months off.

Read More

Argumentative Essay On Athletes Are Overpaid

468 Words | 2 Pages

Athletes are paid more than very important jobs such as surgeons, teachers, and even the president! Athletes don’t even do very important things, they merely entertain fans in an arena. Do they save lives, educate our future, or run our country? No, they don’t. Finally, an athlete's salary is more than an average American household makes in a whole decade.

Read More

Ethical Issues In Sport Management Essay

1359 Words | 6 Pages

In conclusion, ethics in sport adversely affects a sport managers career. Some prominent ethical issues that sport management professionals deal with in the 21st century include discrimination, athletes in the public eye and drug use. The treatment of every individual should be appropriate. Their race and gender should not be a factor in the determination of a role on a specific team. Also, athletes must uphold a professional reputation, in and away from their respective sport.

Read More

Pro Athletes Paid Too Much Essay

791 Words | 4 Pages

People know that doctors and firefighters save lives, while athletes play a game to make money. Even teachers don’t get paid as much; they educate the generation’s youth so they can make a difference in the future. So many jobs that are very important don’t get paid as much and that money can go towards better causes. But these are only some of the reasons that pro athletes get paid too much.

Read More

More about Greed In The Sports Industry Essay

Related Topics

Open Document