ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Professional Athlete's Salaries - Capitalism On Steroids

Updated on January 1, 2015
Source

This hub is a resonse to a question

on whether or not professional athletes make too much money. I will try to provide some in depth perspective and information on professional sports salary averages and let you be the judge for yourself. If my opinion on professional athlete's incomes is not clear from the title, I will make it clear in my summary. As for now, just sit back and enjoy the read.

This topic hits close to home.

I was born and raised in the southern states, and have visited more impoverished communities than I would care to mention. America has countless millions of people living at or below the poverty level. On top of that, we have millions more who are just getting by. Our school systems are a mess, and the children in them are not much better off. We want to protect our children, but vast numbers of our citizens support those who would give corporate greed even more room to breed and spawn. Our national coffers are empty. As citizens, we are targets of the police for funding of the local economy, using any little infraction as a means to further deplete people who already have too little. When 75% of Americans make 32,000 a year or less, multi million dollar a year contracts for athletes may be a bit over board.

Professional athletes average income

looks to be approximately 4 million a year across the board. Some of the number that I used for my calculations were based on 2005 and averages, so the figure may be slightly higher today. Gone are the days when men played a game with passion for the thrill of the competition. There were stars who laid it all on the line and through their love and made the games what they are today. The Babe Ruths, Jackie Robinsons, Arnold Palmers, and so many more. Men who played different sports, but who all carried that same uncompromising respect for themselves and those who they competed with. Their legacies are timeless, even though their salaries were dismal. The money meant almost nothing to them, because they were being given the opportunity to do what they loved and make a living doing it. There weren't any spoiled brats destroying their respective sports reputation. Each man was a symbol of a group, and the group held each other accountable. That's a place where America is really missing out in our current society. Accountability is counted in dollars.

1 billion dollar smile
1 billion dollar smile
what was he charged with again?
what was he charged with again? | Source

We have created a monster.

Through our love of characters like the Babe and company, the business of professional sports is booming. The average professional sports team was valued at around 527.5 million dollars in 2010 according to my calculations. That average is based on the W. R. Hambrecht sports market and valuation report for 2011. The numbers I used cover the major sports (NFL, NBA, MLB, and NHL). Now, let's move on to single individuals. The most successful individual athlete in history is Tiger Woods, with his endorsements and tournament career earnings recently topping the 1 billion dollar mark. Wow, one BILLION dollars. Can you imagine making that much money for hitting a golf ball.That figure is as close to absurd as I have ever heard. On the hardwood, Kobe Bryant made 53 million last year alone. I am a fan of basketball, but don't you think that 53 million might be too much for playing basketball? Not only does the vast majority of the money get wasted, making this one the most profitable jobs in America is driving our society's morals in a concerning direction. 9th graders can jump through the roof, but they can't count to ten. Houston, we have a problem......

Summary

I feel that pro athletes in most sports are way over paid. There are far too many people in the nation without a decent place to sleep for anyone to waste that kind of wealth. What sense does it make for basketball players to make more than they can spend in a lifetime and people who save lives live paycheck to paycheck? If I had it my way, there would be a limit on each years salary. Anything over 5 million (give or take a few million) a year goes into a collective escrow account for those who need help. The people who want to work and return to society but are unable to succeed for what ever reason. There are so many people in need. It gets under my skin to see the 1% live lavishly when there's a child in America who will be homeless tonight. It is disturbing to me. As a nation, we have the money, the people, and the work to rebuild our society. Instead, we allow and support the 1% and big businesses as they manipulate our tax system and economy out of our children's futures. I think we should take a stand as a group, and take back our rights and communities one dollar at a time. Thank you for reading my hub.

Do you think pro athletes are over paid?

See results

Comments

    0 of 8192 characters used
    Post Comment

    • rclinton5280 profile imageAUTHOR

      Robert Clinton 

      3 years ago from Greensboro, NC

      Thank you, Jody and Pharmb163.

    • profile image

      Jody 

      3 years ago

      Articles like these put the consumer in the driver seat-very imotnpart.

    • profile image

      Pharmb163 

      5 years ago

      Hello! egfbakb interesting egfbakb site! I'm really like it! Very, very egfbakb good!

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)