Are Athletes Overpaid? Lots of people say that athletes are overpaid, but is that really true? In reality, athletes earn what they deserve because they bring billions of dollars to their respective league, work hard in matters not involving their sport, find a way to manage all their money that they receive in a short time, and they work hard away from games to become better.
First of all, athletes are not overpaid because of all the revenue they bring to the different leagues. The SIRS database says that the argument could be made that athletes are just playing a simple game and making millions of dollars, however they are playing a game where they are being watched and scrutinized my millions of people, and they are putting their own …show more content…
UWIRE argues that some athletes make hundreds of millions of dollars a year, but people like the president only make 400,000 dollars even though he is running the country, which means that the athletes are severely overpaid. A problem with this statement is that in reality, pro athletes make twenty- four million dollars in their career, which is still plenty of money, but not as much, and after the President is out of office, he makes millions of dollars after leaving. Moreover, Mintlife sites that 60% of NBA players file for bankruptcy, and 78% of NFL players file for bankruptcy. So, in reality, the athletes don’t make enough money to support them, and this is also mixed with a little bit of overspending and poor financial management. Also, UWIRE conveys that the average athlete only compete for 5 years, so they are still young when they have all their money. Because of the early retirement, Athletes don’t have a constant flow of money like people with a normal job, so some people are far better off than them, free from the stress of trying to keep all their money around until the end. In a way, it's harder for athletes to keep their
First of all, athletes are not overpaid because of all the revenue they bring to the different leagues. The SIRS database says that the argument could be made that athletes are just playing a simple game and making millions of dollars, however they are playing a game where they are being watched and scrutinized my millions of people, and they are putting their own …show more content…
UWIRE argues that some athletes make hundreds of millions of dollars a year, but people like the president only make 400,000 dollars even though he is running the country, which means that the athletes are severely overpaid. A problem with this statement is that in reality, pro athletes make twenty- four million dollars in their career, which is still plenty of money, but not as much, and after the President is out of office, he makes millions of dollars after leaving. Moreover, Mintlife sites that 60% of NBA players file for bankruptcy, and 78% of NFL players file for bankruptcy. So, in reality, the athletes don’t make enough money to support them, and this is also mixed with a little bit of overspending and poor financial management. Also, UWIRE conveys that the average athlete only compete for 5 years, so they are still young when they have all their money. Because of the early retirement, Athletes don’t have a constant flow of money like people with a normal job, so some people are far better off than them, free from the stress of trying to keep all their money around until the end. In a way, it's harder for athletes to keep their