Escalating Professional Athlete Salaries Essay -- Papers Sports Money

Escalating Professional Athlete SalariesWorks Cited Not IncludedIn recent twelvemonths, with the growing popularity of sports, athletes salaries have escalated like that of a superb stock equity. Athletes argon taking full advantage of their position, causing the average man to appreciation how high will they go. Some expression that athletes argon greedy great deal who have lost care for the true meaning of their salary, the love of the game. Others feel that if a person is able to earn that kind of m one(a)y, why shouldnt they? Increases in athlete salaries will bring up the call into question on whether athletes are worth the money by researching the NBA?s new collective bargain agreement (before and after the approval), by observing the current salaries of top athletes in their respective sports, and by concocting possible solutions. Shaquille O?Neal, formerly of the Orlando Magic, signed nigh two years ago with the Los Angeles Lakers for an enormous $120 million a ll over seven seasons.... Alonzo Mourning signed with the Miami Heat for a seven year deal worth about $112 million.... These fat contracts have brought out the question Are pro athletes worth the millions they are paid? Basketball house of Famer David Thompson states, Players have such a short time to stool their money. If you mien at others in the entertainment business, you?d think so. Look at Mike Tyson. He made $30 million for the six legal proceeding and 50 seconds it took for him to knockout Frank Bruno (Rhodes and Reibstein 44). Zachary M. Jones, an attorney at Howard University in chapiter D.C., utters, Superstar athletes are few in number, so the demand is high, which raises the footing for their services signifi burn downtly (Saporito 61). Furthermore, Mark Rosen, who has been a spor... ...s worth far more. certainly a 22 year old kid can choke on $126 million quite alright. Before doing an in-depth analysis of pro sports salaries, one ignorant person would co nclude that these salaries are way too high. However, sports salaries are okay to be enormous. This is because high salaries show that the scrimping and basketball revenue enhancement are up, because that is where the owners get the money to pay the athletes. After Glen Taylor signed upcoming superstar Kevin Garnett, season ticket sales went soaring. Finally, if a player is allowed to make the money, why is it such a bad thing? More cause to them. Yet athletes should be satisfied with their current salary status. As you can very well see, salaries have risen to unbearable heights, yet it is inevitable. With the economy as it is who knows when it will begin to level off. All we can do is sit back and watch.