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The athletes making huge sums are not the ones we should be concerned about. They are under-paid in most cases relative to their worth to the billionaire indivi
by CrumpetDiagonal 4y ago
The athletes making huge sums are not the ones we should be concerned about. They are under-paid in most cases relative to their worth to the billionaire individuals and corporations who make gigantic profits from tv rights, ticket sales, merchandise, revenue sharing, etc.
- nickff 4y agoBy what measure are the athletes under-paid, and by what measure are the owners and distributors over-paid?
- djbusby 4y agoIt's the spread between workers(labor) and owners(capital). Millionaires working for Billionaires could be under paid, the same as 100k-aires are underpaid by 100M-aires. Overpaid, or extremely wealthy by the global society - but under paid in their "local group" (for lack of better term) Edit: like when VC say they take the risk - bullshit. They just risk money - labor (athletes, entrepreneur) risk time and health. Those are not renewable - but money is.
- 55555 4y agoYou define underpaid as being lowly paid compared to their local group but also claim that the group in aggregate is underpaid. Makes no sense. I think your parent commenter was asking for a citation showing that NFL franchises rake in net profits for owners and another citation showing athletes wages are being held down artificially. You are presenting ideology as objective truth.
- leetcrew 4y ago> citation showing athletes wages are being held down artificially this part is not controversial. the NFL has an official policy capping the total player salaries for each team.
- 8note 4y agoLocal group: Other athletes including basketball and boxing players. The NFL in particular tries to ensure that individuals don't become brands on their own Aggregate: athletes as a whole
- vfbgfbgtbbtgtbg 4y agoAre you familiar with sports? The billionaires made their money outside of it. Sports teams often don't make any profits at all.
- tshaddox 4y agoOne possible answer: the fact that one is making a profit from the work of the other.
- Vt71fcAqt7 4y agoThe whole sports industry is a waste of labor and capital. And the athletes are the crux of the issue here. The stadiums, the sponsors, the billionaires, ect. are built around these athletes. Does it even matter if the athletes are "underpaid?"
- bumby 4y agoWhat makes them a waste of capital? And would you extend this same sentiment to other “non-productive” pursuits like art or writing?
- bryceacc 4y agois tax money taken for art or writing? i could understand preservation of history or something but i don't think that compares at all to a stadium or sportsball stuff
- bumby 4y agoYes, all kinds of tax money funds the arts. The easiest to point to is the federal National Endowment for the Arts, but there are other funding mechanisms at nearly every level of govt
- mc32 4y agoThere is writing of textbooks and there is writing of pulp. One adds to the patrimony of a society, the other much less so…
- throw0101c 4y ago> There is writing of textbooks and there is writing of pulp. One adds to the patrimony of a society, the other much less so… So entertainment has no value to society?
- bumby 4y agoThis feels like an overly utilitarian outlook. Some would say STEM fields help build a better world, but art and “pulp” actually make that world worth living in.
- mc32 4y agoThankfully, if we ever became a socialist country ala second world socialism, athletes would get the same “pay” and only slightly bigger apartments compared to everyone else but would keep on getting more than necessary amounts of PEDs as usual. That’s a just world.
- callalex 4y agoIt is unclear who you are trying to argue against in this discussion.
- mgarfias 4y agoWith football at least, I think they’re underpaid considering the major problems with TBI those guys are having.