Why do we give millions and millions of dollars to sports figures when so many l

Jump to Last Post 1-2 of 2 discussions (4 posts)
  1. Sandi Kroeger profile image79
    Sandi Kroegerposted 2 years ago

    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??

    https://usercontent1.hubstatic.com/12963934_f260.jpg

  2. dashingscorpio profile image87
    dashingscorpioposted 2 years ago

    https://usercontent2.hubstatic.com/12966365_f260.jpg

    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.

    1. gmwilliams profile image81
      gmwilliamsposted 2 years agoin reply to this

      GREAT answer!!!

    2. Sandi Kroeger profile image79
      Sandi Kroegerposted 2 years agoin reply to this

      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

 
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)