Income taxes then are $32,900. And, as an employee, the player would have to pay at least $2,000 in other taxes, such as Social Security, for a total of $34,900. This leaves the college player with $65,100." However, "Since college bills come to $65,000," that plus, taxes equal a grand total of $99,900, meaning "the player has $100 left." (TIMES) So even if an athlete were to get paid it would still leave them "dead broke."
The Lakers are currently worth 2.6 billion dollars, which leaves a 1.4 billion dollar gap between them and the Cowboys. In fact, The Lakers are poorer in value, revenue, and operating income then the top five wealthiest teams in the NFL, which are the Cowboys, Patriots, Redskins, Giants, and 49ers. The NBA is different, in that the teams values are less lop sided with the Lakers only being worth 100 million dollars more then second highest valued team in basketball, the Chicago Bulls. When comparing the values of the top five valued teams in each league it’s astonishing what you will find. The average of the top five valued teams in the NFL is 3.11 billion dollars, compared to the NBA’s top five valued teams average of 2.08 billion dollars.
He says the main problem with paying NCAA athletes is the fact that universities cannot afford to do this as many of them do not make money already, fewer than 2 dozen to be exact. Nocera says every sport of every university should have a salary cap, much like the NFL or the NBA. This idea would not cost as much as paying every player any amount. He says that the salary cap should be set with a player minimum and if you combine all of the players’ minimum salaries that should be half of the salary cap. This would add stratigies in basketball to get a bunch of players at the minimum and then one really good player with the remaining budget.
“Cristiano Ronaldo makes $56 million a year, Kobe Bryant made $250 million a year and Barack Obama made $400,000 a year during his presidency...” (O'Connor ). Professional athletes are paid millions of dollars to play a game while police officers, firefighters, army soldiers, and even the president are paid significantly less. “It’s not shocking that public servants like teachers and police officers make less than professional athletes”(Figueroa). Compensation shouldn't be about entertainment, it should be about job importance because people are trying to make the world a better and safer place not a more entertaining place. The jobs that are harder and have a better effect on society are valued way less than being a professional athlete.
College Basketball Players: The NCAA Money-Making Servants College basketball is reaching all-time highs in television viewers, tickets sold, and fans, and is bringing in eight billion dollars in revenue for the NCAA. Logically, the players should be getting a share in that large sum of money, but they don’t. The NCAA has turned into a new form of indentured servitude by essentially taking players and locking them into a straight jacket as money is flying around their talents. Coaches, universities, alumni, and boosters push college students to become better athletes; some are putting in up to forty hours per week in the gym, and there is no compensation for their hard work. Like Seneca once said “Every new beginning comes from some other
After researching this topic, my opinion is that college athletes should be paid. The NCAA makes millions of dollars every year, while some athletes can’t put food on the table. Athletes need to be paid for their services like they are working a job, and should be paid by the hour. If the NCAA paid every one of its athletes 200 dollars a week, it would still be a fraction of its revenue. A union must be formed by the athletes for equal pay across the sports, and unfair restrictions set upon athletes and not other students should be
The average college athlete will spend $3,000 out of their pocket during the season on top of living off food stamps, which the taxpayers provide. This indicates that top tier athletes are only raking in a whopping $2,000 dollars a year. A three star recruit may not even break even after the season. March Madness, a renowned NCAA basketball tournament, makes up to $1 billion a year for three weeks of basketball. With the rapid pace of these games and the frequency of play time for
There are 283,000 Hispanics incarcerated which makes up 15 percent of the inmate population. From 1985 to 1995, Hispanic imprisonment rose by 219 percent with annual increase of 12.3 percent. Hispanics are usually four times more likely to go to jail as white men, but less likely than African Americans. According to the Bureau of Justice statistics, Hispanics are the fastest growing minority in the prison system. In states such as Connecticut and Pennsylvania, Hispanic men incarceration rate is seven times higher than whites; in Massachusetts and North Dakota the rate is six times higher.
A final reason that Neurosurgeons should get more recognition than athletes the average pay. For example, when Neurosurgeons first start, on average, they get paid about $395,000 a year. After about 6 years that increases to $589,500 per year. (Andrea, 2016, p.1) NBA players, on average, start at $5 million per year, MLB players, on average, start at $3.2 million per year, and NHL players, on average, start at $2.4 million per year. (VisualNews.com, 2014, http://www.huffingtonpost.com/visualnewscom/visualizing-the -yearly-sa_b_4184716.html) Sports players should not get anywhere near as much recognition as Neurosurgeons.
While, the medium house household was about $41,000 majority of teens who excessively drank was above the poverty level. In addition, $750 million in hospitalization each year and over 1 billion U.S dollars in accident related alcohol use. To put things in perspective 1 out of every 4 underage drinker has a DUI and whites have a much higher rate of accident related fatalities than hispanic and blacks. $505 million have been the result of assault regarding underage drinking and of that amount $416 million were due to domestic violence. However, majority of the $200 billion in underage drinking stems from loss of work or school
Out of those, 11,000 are homicides. In addition to this, there are 600,000 gun related injuries annually.Making UBC’s required would drastically lower the death rate. Subpoint B: The United States’ Firearm Homicide Rate is 20 times higher than any other average high-income state. Gun offenders get most of their guns from unlicensed sales. Contention 2: The times that the federal
The coaches are making millions of dollars and the players aren’t. “The highest paid public employee in 40 of the 50 U.S. states is the state university 's head football or basketball coach” (Mitchell & Edelman). These coaches earn so much money and they do put in a lot of work for their teams, but they are not the ones doing the real work. The athletes are the ones out on the field or court playing the game, which is why the players need to be paid as
Every year the NCAA makes around one billion dollars (Alesia). While the NCAA as a whole made this sum of money other leagues like the NHL (National Hockey League) make only around two-hundred and seventeen dollars (Badenhausen). Most of their profits come from TV advertising and licences.This is supported by figure B (Revenue). While the NCAA is making a billion dollars a year, it is the colleges that receive most of that capita. According to Cork Gaines, “there are now 20 schools that make at least $100 million in sports”.
draw in a big crowd which also brings in more money that people pay to watch. When asked, former NBA player and Hall Of Famer, Kareem Abdul-Jabbar said “It’s a $6 billion a year industry. Last year, CBS and TBS split up a $1 billion just off of March Madness.” In the NBA the average amount of money signed to a player in a contract is at least 5.15 million dollars. With so much money being made these athletes are getting none of this. The amount of time the athletes put in in a week of practices is a lot of time out of the student 's day.
Generally speaking the National Football League is one of the world’s favorite sport. Most people think Football player makes more then enough but is that true? In reality Football players get paid less than the four major sports in an average salary. NBA players make around $5.15 million, MLB player’s makes roughly about $3.2 million, NHL player will make $2.4 million, and an NFL players make $1.9 million per year. The money the National Football League players are paid are based on age, union policy, draft rank, and contract.