Do We Pay Athletes Too Much? Essay example
In my personal opinion: No
In this modern era this is an ethical issue that comes up more and more often. This has been brought up especially in times of economic hardship and the recession whereby families are really struggling to make ends meet with unemployment, delay of retirement and general reductions in disposable income. During this paper it shall be discussed how the ethical issue of high wages came about, why it is an issue, who is affected and what actions can be taken.
Why is there this ethical problem?
To put it simply, it is a matter of personal opinion and knowledge on whether you believe professional athletes in the United States should get paid the level of wages that they …show more content…
People say it is just a game and athletes shouldn’t be paid so much. It is not just a game. Billions and billions of dollars get dumped into professional sports. In fact, professional sports are the 11th most lucrative business in the entire world (UPENN.EDU). It is a form of entertainment and people are willing to pay the big bucks to watch these athletes perform. If nobody came to watch, they wouldn’t get paid what they do. The fans pay the wages after all. In economical terms demand for high performing sports stars is high while there are a few numbers of them. This makes their wages high.
Direct affect this issue applies to, of course, is professional athletes... along with their respected affiliated clubs/teams who pay their salaries. In certain examples such as that of soccer team Manchester City, which runs with a loss, is kept afloat by a Middle Eastern royal family so in that case they pay player’s wages.
Indirectly effected parties include those who contribute to the funding of high wages. Examples