Are Athletes Raking in Too Much?

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Are Athletes Raking in Too Much?

Taylor Jakubik

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According to Forbes Magazine, 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. Professional athletes are being highly overpaid, while life-saving and crucial professions are receiving remarkably less and not nearly enough. These athletes’ career lengths are only a few years long, the likelihood of future financial consequences are considerably high, and entertainment is not necessary for our survival. This problem is a serious concern and must be fixed.
Athletes’ salaries are too high because their career lengths are only a few years long. The average career length of an MLB player is 5.6 years, according to the Huffingtonpost. This career length is only a small fraction of their lifetime, but data shows during this time they earn an average of $17.9 million dollars. They then have the whole rest of their life to relax and do as they please. While at the same time, crucial professions go to college a longer duration than an athlete’s career. Then they work the majority of their life and endanger themselves everyday. But these professions will not even come close to acquiring the earnings athletes make in just a couple years. Therefore, athletes’ salaries are too high because their career lengths are only a few years long, as well as because of the future financial consequences.
Athletes’ pay is extreme because the likelihood of future financial consequences are considerably high. Athletes receive millions of dollars a year. They then become accustomed to an opulent lifestyle and have the ability to spend as much as they want during their career. However, once athletes retire they do not know how to save their money, often leading to poverty or even bankruptcy. In fact, “Experts have proven in a 2009 Sports Illustrated article, 78 percent of National Football League players are either bankrupt or in financial trouble within two years of retirement, and an estimated 60 percent of National Basketball Association players go bankrupt within five years after leaving their sport.” Ultimately wasting money that could have gone to a better place, such as life-saving professions or charity. Moreover, athletes’ pay is extreme because the likelihood of future financial consequences are considerably high, also we do not need entertainment to survive.
Athletes are immensely overpaid because entertainment is not necessary for our survival. We do not need baseball games. We do not need football games. We do not need basketball games. We do not need any type of sports games. But, what would we do if there was a fire and no firemen? If there was a crime and no police? If there was a war and no military? If there was a disease outbreak and no doctor? We would not survive. However, these life-saving and crucial professions do not even make a quarter of what athletes do. As a matter of fact, “The average firefighter in the United States makes about $48,000 a year, according to the Bureau of Labor Statistics.” Meanwhile, the average NBA player makes about $5.15 million a year, according to Huffingtonpost. Consequently, the professions that we need in order to survive are making astonishingly less than the professions that are solely there for our enjoyment. Thus, athletes are immensely overpaid because entertainment is not necessary for our survival.
Some may say due to the high risk of injury, an athlete’s career could end in a split second. Although this is true, they are not the only profession that puts their career on the line everyday. In reality, a multitude of other professions actually put their life on the line everyday. For example, a soldier fights for our country and always has the possibility of not surviving. Even if they survive from an injury they are often not able to stay in the workforce. They then do not have the luxurious bank account to rely on afterwards, unlike athletes do when their careers are ended.
To conclude, athletes’ salaries are outrageous. Their career lengths are only a few years long, the likelihood of future financial consequences are considerably high, and entertainment is not necessary for our survival. In order to end this problem one must quit promoting sports and inform others of the significant dilemma occurring.

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