Floyd Mayweather Jr. is one of the highest paid athletes of 2015, with a salary of $300 million. Other people could work their entire lives but they still would not make the same amount of money that Floyd Mayweather makes by taking part in one UFC fight. Professional athletes make an abundant amount of money for people who have such short careers and only “work” for a few months a
Furthermore, before the child molestation scandal with his assistant football coach, Jerry Sandusky, Paterno was a nationally renowned head football coach with over four-hundred wins and two national championships (Ceddes). Along with his football feats, he bolstered Penn State’s annual revenue from football to $48 million dollars, while also creating a storied tradition of football for the university (Ceddes). Through his previously mentioned successes, Paterno has made himself highly renowned throughout Pennsylvania and the United States. Consequently, him being renowned before his situation and what happens to him after the scandal factors into him being a tragic hero because Aristotle states that “The change of fortune should be not from bad to good, but, reversely, from good to bad”(Aristotle) and “He must be one who is highly renowned and prosperous”(Aristotle). This quote is further supported by him being torn down by the Jerry Sandusky scandal.
That low-class lifestyle they lived and the hard work they did to keep their grades up. College athletes deserved to be paid because under the circumstances they have went through just to get to where they at and be good at it. I have taken a survey with ten future college athletes and they have said if they get paid to play college sports at least thirty percent of there money they earn would go back to their families. College athletes and athletes in general are probably the most are generous and would give it away to a charity. Athletes are very giving people who have given back to their communities.
Why Professional Athletes Go Broke? Young athlete’s main goal to attain is to become a professional athlete. Many want to become a professional athlete due to the money, others for the love of the particular sport that they are interested in. There is a downside in becoming a professional athlete, that many young players are not aware of. This downside is that professional athletes go broke faster than they are drafted into the leagues.
The A’s went on the achieve a new league record and they win twenty games in a row. They end up reaching the playoffs and loosing but that is still a great season. Lots of other franchises feel that the A’s making the playoffs was pure luck yet the Red Socks like home a lot and offer him a contract which is the highest paying contract in baseball history. Even though this is the highest paying contract ever, he declines it because after he signed with the Mets, he made a pact with himself that he would never do something entirely for money
Student athletes brings in billions of dollars to the universities, but us the student Athletes don’t receive any income or percent. Billions begin to add up over the years; are division 1 universities that nice? Why do we not have the right to profit from ourselves, for example the University of Alabama made 123,769,849 revenue just from ticket sales to the football games. The stadiums are selling out because of the student athletes! According to Forbes Magazine “The typical Division I college football player devotes 43.3 hours per week to his sport -- 3.3 more hours than the typical American work week” 43.3 hours to his sport only.
These students have families that they need to support with better jobs, and in order to achieve those better jobs, the older students need to go back to school to earn the degrees that the jobs require. It is much easier said than done however. These older students who are trying to integrate back to school so they can help their families are unable to receive the job they need since the charge of the school is out of their reach. It is even harder for parents of new graduates to pay for college. The prices of schools in states “have skyrocketed in the last five years” (Citation).
It is bizarre because it is in fact the students who are bringing the money in. For example, “Duke's Mike Krzyzewski earns $9.7 million per year and Kentucky's John Calipari is above $7 million per year” which is more than what some coaches make in professional sports. To be a non-profit organization, it is believed coaches and staff are getting paid too
The athletic department gets paid million of dollars every year, therefore it should not be a problem with NCAA paying the athletes. The average coaching salary in NCAA division 1 basketball is 1.47 million per year, if the coach can make that much by teaching them then the athlete should make twice as more by learning it and performing at several games during the season. The athletes who practice for along time and dedicate their lives to the game get nothing, but a doubt of a win. Division one athletes should be paid because they have a significant amount of revenue for the school. The majority of the football players will have at least one concussion during their four years of college.
Pro athletes all over our nation are paid millions of dollars just to play a simple sport, while there are other people are risking their lives constantly for the public, working for several hours a day to satisfy their bosses, and even they aren 't paid as much of a salary as an athlete altogether. Although entertainment is a big, popular genre of a job placement, there are others who work equally as hard just to even earn a small paycheck to maintain their lives normally, perhaps even more. The amount of money given to athletes could also be used for something more valuable and useful than for just one player. The millions of dollars could be funding different schools or giving pay to those who rightfully earn it. Athletes are ridiculously overpaid because there are jobs with people working even harder than athletes, they are only used for entertainment value overall, and athletes only make money due to their fanbase
Ticket sales are a big way colleges bring in big money. Especially if the team is good then the games will sell out almost every game. For example Alabama crimson tide bring 28 million dollars in ticket sales in 2008. They play in the same uniforms and don 't make that much upgrades to the program so where does that money go? The college uses that money on pointless things.
NCAA athletes took the NCAA to court. Ed O’Bannon, a former NCAA athlete, led the charge for the student athletes. O’Bannon argued that the athletes are being taken advantage of because the schools make millions off of the players’ likeness, meaning the schools make money on selling a jersey, or bobble head of the players and the players deserve some of that money and it should be put into a trust fund for the player. Judge Claudia Wilkin decided the O’Bannon case and gave the athletes everything they wanted in 2014, but in a court of repeals the ruling was reversed and the college just had to pay for the full cost of attendance at the university and did not have to pay for the trust of each athlete (Nocera). This was a small step for college
When Robert Kraft became the owner of the New England Patriots, he had to pocket $172 million – a record amount back then for a sport team. Looking at the team’s latest $2.6 billion valuation by Forbes, it seems like Kraft’s risky business investment has paid off big time. For the Patriots to get to where they are now, there are lots of reasons and lots of people to credit for but there are two names you can never leave out. In fact, they deserve to be mentioned first and foremost: Head coach Bill Belichick and Quarterback Tom Brady. Together, they make a perfect, powerful coach-quarterback combo in building the Patriots dynasty When did they start working together?
Not saying athletes should get paid as much as their coaches. I’m just saying they desserve some help from their school, like they should get $1,500 a month. They putting their talent on the line. What if they get hurt and was good enough to go pro but can’t because that injury stopping them? What happen to them players?
But how much do the top NCAA executives make? The top NCAA executives make about $1 million per year. Who else makes money off these near professional level athletes? First, many coaches earn at least $100,000 per year to coach one of the major sports like baseball, basketball, or football at a school. These coaches will receive bonuses for getting to the playoffs, winning championships, or breaking school records, but what do the athletes receive as a bonus?