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.
These athletes are around 20 years old and are receiving millions of dollars all at once, which can be overwhelming and tempting to spend. They are left vulnerable to entrepreneurs looking for investors. They are tempted to invest in businesses that are almost guaranteed to fail. They are big name superstars and want a big name business behind them, such as night clubs, restaurants, or car washes. They are told that if they throw large chunks of money into these businesses they will double, triple, or even quadruple what they put into it.
Aside from room, board, books, and tutoring, these athletes receive top coaching, training, and often exposure for a possible professional athletic career. Another issue is the fact that only a small percentage of these institutions generate profit from their athletic programs. Most see a loss of revenue. Therefore, these institutions could not afford to pay their athletes. An additional economic issue relates to how much an athlete would be paid.
When Babe was asked about making thousand dollars more than the President of the United States that year, he replied, “I had a better year than he did.” This is just one example of the many overpaid athletes around the world. I would also like to talk about Kevin Brown he signed a seven-year, contract worth $105 million. He hasn’t been able to play half of the contract due to his injuries. He’s basically getting paid to sit at home all day and do nothing. Professional athletes are getting paid more and more as time goes by, before it was $4.7 million now it’s more than $85 million and growing.
With shows like this on air for the world to see it is a disgrace. This country is well over dry on money, yet, we can spend millions on each of these cast members who do nothing but party and be belligerent drunks. According to TMZ.com the Jersey Shore cast is getting paid $100,000 an episode and there is 13 episodes in a season, don’t forget to include their appearances, advertisement, exedra. America claims to be out of money and needs help yet we are supplying millions of dollars to people who don’t deserve
Private contractors usually get paid a much higher rate than government workers do. Private contractors are supposed to get work done efficiently and effectively. They do the work because their incentive is money. The Frontline’s videos Private Warriors highlight another side of private contractors: expense. The companies mentioned in the videos are costing our government millions and millions of dollars for services.
Are the footballers overpaid? No they are not. It's the fans who make the value the player sky high. I think that they should be allowed to be paid a lot according to their talent. The main reason being this generation has changed It has been argued that professional football players are being overpaid for their profession.
Turnover is expressed in most company’s annual percentage of the total workforce, so this is an expense in which the company has to account for. Turnover is no less a problem for major companies, which often spend millions of dollars a year on turnover-related costs. For service-oriented professions, such as management consulting or account management, high employee turnover can also lead to customer dissatisfaction and turnover, as clients feel little attachment to a revolving contact. This will affect the economy health of the company which may trickle down to the employees by way of bonuses, longer work hours, and less
Men and women that serve the United States in Congress are greatly and gravely overpaid for their services. In this country, many occupations are largely accused of being overpaid. While athletes, entertainers and CEOs tend to receive the lion’s share of this accusation, one occupation that need not be forgotten, though it often is, is that of the Congressman. A fledgling member of the United States Congress earns a guaranteed salary larger than the average member of the United States’ military, while working less days per year than the average work year of countless professions, among them the average work year of emergency response and law enforcement personnel. Even with actions that Congress themselves has taken in the past to address the
Due to giving companies outsourcing opportunities, these companies will fire their staff because staff overseas will work for cheaper and sometimes even better. Also even though Symcor provides companies with 24/7 customer service, sometimes the speaking skills for people around the world is sub-par and will result in a communication barrier.