Why do we give millions and millions of dollars to sports figures when so many live in poverty?
How do we justify salaries and bonuses in the millions when there are children starving? Are we so hungry for "entertainment" that we can't see the social injustice as owners and players are negotiating these multi-million dollar contracts? The same is true with actors garnering millions to make a movie! Who will stop this idiocy??
If you were the star of a team that brought in revenues of $1 Billion how much do you think you should be paid?
If you wrote a best selling book that sold several millions of copies at what point would you tell your publisher to stop paying you?
A salesman who gets 10% commission on every sale would earn $100k for doing one million dollars in sales and no one complains.
However if an actor is the main attraction for a movie that earns $500 million or $1 Billion people lose their minds if he/she is paid $50 million or more. (It's the same 10% as the salesman.)
Sports figures have a limited window to ply their trade. Most people who play sports are not going to make it to the pro level.
There are only 32 teams in the NFL, 30 NBA teams, 30 National Hockey Teams, and 30 Major League Baseball teams.
Whenever there are a limited number of positions for anything those who are fortunate enough to get a coveted spot are rewarded handsomely.
No single player on any team makes more money than then their owner. If players didn't get the money it's just more money for the owners. We wouldn't benefit financially either way.
Societal values have nothing to do with market value and performance.
Your earning $10 Million per year does not take money or opportunities away from anyone else. Life is a (personal) journey.
For the most part our lives are the end result of the choices and decisions we have made along the way. Some people have natural talents which others will pay to watch them preform: sports, music, theatre, movies, writers, and even some public speakers and life coaches make a lot of money. The people vote with their pocketbooks when it comes to your product or service.
On another note it's not unheard for people to win millions of dollars in the lottery and find themselves broke a few years later. Odds are if we gave everyone in the U.S. $1 Million dollars today by the end of this year some folks would be right back where they are now.
I don't think so. I don't disagree with the percentage someone should make, I disagree that so much money is paid out for those things (sports, movies) in the first place. There is something fundamentally wrong with a society who thinks that's OK
by Christin Sander 6 years ago
The mega millions lotto is at a historic high of 540 million dollars what would you do with it?If you won, what would you do with all that money? It's not like you can just cash that check at the bank lol. What would you do first to secure the money and then to invest/spend it etc? I would...
by manofmystery24 5 days ago
How would you use the money?
by Edwin Clark 2 years ago
Instead of giving US corporations bailout/loans the government should give each of its citizens $1,000,000 to spend on anything they want within the United States.According to the US Census there are 305 million citizens. $305 million dollar checks going out to people who will spend in the US is a...
by StayPos 14 months ago
If you received an unexpected inheritance of one million dollars what would you with the money?Oh and by the way the taxes have already been paid :-)
by Chris Lopez 4 years ago
Is Kobe Bryant worth the $48.5 million the Lakers will pay him the next two seasons?
by jaydawg808 4 years ago
Would you still be working if you had $10 million dollars?I think I still would be. Though I'm not sure why....
|HubPages Device ID|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Google Analytics|
|HubPages Traffic Pixel|
|Google Hosted Libraries|
|Google AdSense Host API|
|Conversion Tracking Pixels|
|Author Google Analytics|
|Amazon Tracking Pixel|