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This amount does not have to be tens of thousands but could just be hundreds on top of everything the athletes get now. If you set the football cap at 3 million and basketball at 650,000 thousand that would still not equal the amount that a lot of coaches of major programs make so it is affordable according to Nocera. If you take some of the money programs spend on facilities to try and recruit players that war and spend it on the salary cap it is affordable and could happen without breaking the bank. Nocera also agrees with Wilbon because he thinks an athlete should be able to use the Olympic model to make some income if they can. Nocera also says that a players’ scholarship for the education should be available for eight years so if the player goes pro and gets hurt and cannot play or does not make it they can come back and get
Most NCAA sports do not make enough profit in order to pay their players any more than their scholarships, due to the fact that most sports do not draw large crowds and have much popularity. The focus on paying college athletes would mainly be on Division 1 football and men’s basketball players, the two sports that bring in the overwhelming amount of the NCAA’s athletic revenue. These two sports bring in billions of dollars due to large television and media contracts, and the amount of public support for these two sports. The gap between amount of profit made by the NCAA and the amount of compensation that football and basketball players receive is the largest, making it important that these players are paid for what they are worth to the NCAA and the universities that they
Since the athletes spend their money in one sitting they don’t have any money left to pay the contract they wind up in debt. Critics argue that the athletes are paid fairly but I argue that that without experience with this much money that they make have questionable financial decisions. It is easy to think that the athletes know how to handle this amount of money but when you look at the facts with all this money the athletes will have long term financial and social consequences many athletes will face with their enormous paycheck. Since most athletes have reasonable paychecks but wind up spending their money within 24 hours. They should spend more time making a plan instead of spending their cash on real estate and expensive
First off, if college athletes were to actually be paid, it would not be a whole lot. Most recent discussions involve the athletes getting somewhere around $5,000 a year if they even were to be paid (Goldman). It would definitely not be enough to where you would have money to live off of for a long period of time if something happened such as a serious injury. This is why the athletes are granted athletic scholarships so they get a 100% free education. What is better to have something to fall back on, a free education that can lead you to a career, or a couple thousand dollars?
This downside is that professional athletes’ go broke faster than they are drafted into the leagues. Many professional players such as NBA and NFL players go broke due to career duration, overspending, family issues, and lack of financial knowledge. When trying to become a professional athlete, one must start playing sports as early as possible (Ferguson 34).Playing sports comes with many sacrifices. Athletes must commit time to practice and traveling. Moreover, they must spend money on equipment, clothing, and food (37).
There are huge debates on should college athletes be paid. The NCAA basketball tournaments have became a huge business. College athletes put in a lot of hard work in practices and in the weight room. CBS makes more than $1 billion off of their games, but the players make nothing at all (“Debate Club”). Some fans would like the players to receive some amount of money so the players would be rewarded for their hard work.
While some believe that athletes should have their own choice at making a decision to go pro straight out of high school, they should not do so because they will not be able to manage their million dollar contracts respectively. Speaking of contracts, the NBA should eliminate guaranteed contracts for rookies drafted in the first round of the NBA draft. They should do this because a careless high school kid, could just go into the draft not knowing, or caring on how much they are going to make, with the lack of experience on handling millions of dollars. This is very unrepsonsibible for a teenager, and not only for the high school athlete, but also for the basketball association as well. This is because of there noncommitment to have these players
rough draft. “10.8 billion to be exact- between the NCAA and CBS/turner sports for march madness between 2011 and 2024 were talking 11 billion for 3 weekends of television a year.” Right now athletes aren 't allowed to get paid. They also go to college to learn not to get paid. Athletes get people to come to their games and support them.
Professional athletes get paid an excessive amount of money to play a sport and contribute small things. These sports aren’t even played for that long during the year. These athletes shouldn’t get paid millions to play a game while people are getting paid nowhere near that and are working a harder job. “Playing games for a living isn't worth those million-dollar
Many universities supply their athletes with gyms, free health insurance, transportation, food, equipment, and the most important a free tuition. How much more do these athletes need? College athletes just like any student are still perfecting their skills for the real world. They are not yet ready to be paid a real salary for their doings. Just as an interior design major in college is not yet ready to be paid for her skills.
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.
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.
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.
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.
The money that can go towards better causes such as donating to the homeless, donating to charities, helping people, etc goes to people playing a game. Do you think that watching a game is more important than helping people that are in poverty? I didn’t think so. Also, athletes didn’t get paid this much before now, In fact, “Athletes were not always paid more than CEOs.