Could you imagine getting paid over one million dollars, just for running, throwing, and catching, it’s unbelievable! Well, most athletes today get paid over ten million dollars, and with that amount of money, it could break the economy. Therefore, athletes are overpaid.
Athletes in the past have shown to not be very financially smart. First, 78% of NFL players went into bankruptcy after retirement. Similarly, 60% of NBA players go bankrupt after five years of retirement. Therefore, this would mean that only 22% of NFL players, and 40% of NBA players, were financially smart enough to avoid bankruptcy, after 5 years, or more. In conclusion, most athletes were not responsible with the money they earned.
Athletes are unfairly paid when compared
Athletes in the past have shown to not be very financially smart. First, 78% of NFL players went into bankruptcy after retirement. Similarly, 60% of NBA players go bankrupt after five years of retirement. Therefore, this would mean that only 22% of NFL players, and 40% of NBA players, were financially smart enough to avoid bankruptcy, after 5 years, or more. In conclusion, most athletes were not responsible with the money they earned.
Athletes are unfairly paid when compared