Professional Athletes are Not Overpaid Essay

1086 Words 5 Pages
Every day people around the world complain about professional athletes salaries. Even though the top athletes make millions of dollars every year, the majority of athletes do not make any more than the average working class citizen. There are also many risks along with the job, and job security is very unstable. Expenses and taxes also limit the amount of money an athlete makes. Tax rates are extremely high for the men and women who participate in professional sports. The salaries of athletes such as Rafael Nadal and Drew Brees may seem to be a bit to high, but with all the factors that take money away from them they are not so high.

Athletes impact global, national, and local economies tremendously. Joel Brandenberger states, "From the
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With two professional sports teams competing in the same city, there is a constant flow of tourists and fans going to and from the Atlanta area. The Atlanta Braves have had an economic impact of over $100 million each year (Saporta, Wenk 1). There are about 1,648 full time jobs created by the Braves in the local economy (Saporta, Wenk). states, "Visiting Braves fans stay 110,000 nights each year in local hotels and motels (averaging 2.5 nights per out-of-town fan)" (Saporta, Wenk 1).

Taxes pose a significant threat to the salaries of professional athletes. According to Jay MacDonald, "Professional sports players get taxed by pretty much every city and state in which they play." Professional athletes salaries are based on where they are playing. There are two different ways states impose their taxes on athletes. They either us4e the "duty days" method or the "games played" method. The "duty days" method divides an athlete's total number of work days during the season by the number of days spent playing in the state. The "games played" method divides the total number of games in the season by the number of games played in the state (Macdonald 3). The taxes are even worse for athletes who compete around the globe. They must often leave behind 1/3 or more of their earnings in local hands. Income taxes increase to around 30-40% for international athletes (Macdonald 5). In the United States an athletes income is taxed in the state where the team is

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