Many people would be ecstatic to get a raise of that caliber. That makes the new league minimum in the NFL for a one year contract increase to a staggering $450,000 (NBC). With all this talk of hundreds of thousands of dollars for one year contracts many would be quick to point out that they are paying that amount to someone who is probably sitting on the bench taking up space (Freeman). Many would argue that this is a complete waste of money. That all depends on how you feel about the player with the contract and the team that player is on.
Do Pro Athletes Make to Enough Money? Many people believe that professional athletes make to much money. They are paid millions for just signing with a team. Then they have their yearly earnings. The big superstars of the teams also get bonus for scoring a touchdown, making a basket, making a goal, and getting on base.
NASCAR has such a huge fan base you could market almost anything and find people that it would apply to but some companies target market might match better to who watches NASCAR. So out of NASCAR’s 75 million fans 60 percent of those are male and of course the other 40 percent is females. 32 percent are between the ages 18-34, 43 percent are 35-44, and the other 43 percent are 45 or older. 42 percent of NASCAR’s fan base makes 50,000 dollars or more every year, which happens to be more affluent than the US population. The complete income distribution is 29 percent make 30-50,000 dollars, 22 percent make 50-75,000 dollars, 12 percent make 75-100,000 dollars, and 8 percent make over 100,000 dollars every year.
It sold all kinds of brands, but the brand that sold the most was Air Jordan. With prices well above $100, they sold like hot cakes and the age group that bought them were teenagers. Every month a new shoe comes out. And every time that happens, they sell out-fast, some times with in minutes. Michael Jordan through his God given talent has sold hundreds of thousands of pairs around the world to his loyal costumers, who continue to collect.
ENGW206 October 1, 2011 Should College Athletes be Paid? Over the past several decades college sports have become a big time business. Division I-A football and basketball in particular have become huge commercial enterprises. These sports rake in billions of dollars every year from ticket sales, jersey sales, television network deals, and clothing and equipment sponsorships. According to 2004 research, “College sports has become a 4-billion-a-year enterprise, and the elite football and basketball teams earn multimillion-dollar profits for their universities” (Price Par.
The ticket revenue goal is $650 million, and 7.9 million tickets sold. For the Olympic Games, ticket sales represent around 20% of total revenue. Not only are they looking to put spectators in the seats, but also they would like knowledgeable fans at each event.
Preserving artifacts is great for Greeks economy because it attracts millions of tourists each year and makes thousands of jobs. Greece attracts so many tourists every year because of their techniques to conserve their ancient monuments and artifacts and the acropolis in Athens has even been described by UNESCO as “the greatest architectural and artistic complex bequeathed by Greek antiquity to the world”. Sculptures from ancient Greece is also something that is world-wide known and admired until today. Artists that study sculptures and ancient art will always search for Greece as a primary resource of arts and ancient history. The Greek economy may not be doing so well nowadays but even tough they lack money in various areas they never let their cultural artifacts in a bad state.
The Steelers are consistently among the top teams in merchandise sales ("Forbes.com", 2012). Particularly the player Troy Polamalu’s jersey sold the most ("Forbes.com", 2012). Among merchandise sales the team also has high revenue
Each team has one final game in the season to showcase their abilities in front of a huge audience. Bowl games have been around for almost a century, and the rituals associated with them are plentiful. Not only do the games generate a lot of attention, they also boast billions of dollars during this process. So if a playoff system became our postseason, what would be the fate of these prestigious bowl games? Some claim that the biggest bowl games (Rose, Orange, Sugar and Fiesta) could be scheduled as earlier games in the playoffs leading up to a national championship.
Are footballers paid too much? Premiership footballers are amongst the richest people in today’s society. With their hundreds of millions of pounds, and the county in recession, I think that professional footballers are paid too much for they actually do to earn the extraordinary amount of money. The average wage of a footballer is £33868 per week, meaning that they earn, on average, in excess of £1.7 million per year. This is outrageous in comparison to the average wage of an average male earning £30724 per year and the average female earning £23967 (statistics from thisislondon.com).