Kobe Bryant brings in $24.8 million a year, LeBron James gets $12.5 a year, and Alex Rodriguez takes home $27.5 million a year. Between three star athletes they make a combined almost $65 million dollars a year, not counting endorsements. The average salary in the United States according to a 2011/2012 survey is $47,000 (Average Salary). It is understood to most that the “job” of a professional athlete can be strenuous to the athletes themselves as well as their families, however to make a yearly salary of $27 million is a little excessive. In the state that today’s economy is in, there needs to be strict salary caps for professional athletes, not only to create more equality amongst Americans, but to bring more equality to the individual
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These are just a few examples, however forcing players to actually work for what their making seems to be the most logical reason for salary caps. Watching a sporting event is exciting; however, I believe that if you add a little competition between the players, it could be even more exhilarating. In college, athletes have to work for their spot on the team. Granted, professional athletes who aren’t “superstars” don’t make what the Kobe Bryant’s make, however if it were all even or even just average, it might make the players work a little harder for their spots on the court.
Some cons that can come with salary caps are the possibility of the organizations/owners keeping the money the players wouldn’t be getting. “An effective salary cap is too Draconian and unreasonable. If you're going to use a cap to drive down player salaries, you’re just padding owners’ pockets.” (Pros, Cons of a Salary Cap, 2004). Another big con is the simple fact that there can always be loopholes. For example, there is an exception called the “Larry Bird exception.” The Boston Celtics were the first team allowed to go over the salary cap in order to re-sign their own player, Larry Bird. “This exception allows teams to exceed the salary cap in order to re-sign their own free agents at an amount up to the maximum salary. To qualify as