Home » Recreation and Sports » Extreme Sports

Why Are Sportsmen So Well Paid?

Dec 14, 2007
As a kid, most of us will have dreamed about scoring a touchdown, or landing that crucial dunk. We'll have imagined hitting the home run to win the game, or thought about scoring the penalty to win the league. We'll also probably have thought about the vast amounts of money, supermodel girlfriends and massive houses, right? These things all go together with being a top flight sportsman in modern times.

It sounds like the dream job, and to an extent it's easy to see why: playing a sport you love all day and being paid through the nose for your efforts. Take the example of soccer star David Beckham and his recent move to MLS - in excess of $200 million over 5 years, which isn't bad. That works out at a total of 17 full days on the soccer pitch over 5 years for all that money. Not bad going, huh? But why is this the case? Why should these sportsmen receive so much for doing their job?

The fact of the matter is that $200 million could build several brand new hospitals and schools, and could go some way towards social security. It's not a lot in national scale terms, but it's a lot for one man to be earning for kicking a ball around a park. The money used to pay these sportsmen comes from a variety of sources. Sports clubs take in primarily gate receipts from spectators in addition to the sale of snacks and merchandise at each event. In addition to that, they secure massive sponsorship deals and additionally strike up contract with TV channels to broadcast their progress. As if this wasn't enough, they also trade sportsmen's contracts for millions, and receive financial rewards along the way for winning competitions.

At the end of the day, sport is a business and players are its assets. Without sportsmen, teams could not play, and thus the value paid to sportsmen for their services is no surprise. Additionally, the fact that each sportsman generates large revenues through their own merchandising for the club or team makes them an invaluable investment for any organisation.

Furthermore top skills are always in demand, and like anything you have to pay for quality. Although it might seem unjust, the large scale operations of the major sport industry is testament to traditional market economics in our society.
About the Author
Jonathon Hardcastle writes articles on many topics including Outdoors , Recreation, and Travel
Rating:
Please Rate:
(Average: Not rated)
Views: 245
Print Email Report Share
Article Categories
    • Artists
    • Gambling
    • Humanities
    • Humor
    • Movies
    • Music
    • Photography
    • Tattoos
    • Television
    • Classic Cars
    • Motorcycles
    • Recreational Vehicles
    • SUVs
    • Trucks
    • Vans
    • Branding
    • Business Opportunities
    • Careers and Jobs
    • Corporate
    • Customer Service
    • Direct Mail
    • Entrepreneurship
    • Ethics
    • Financing
    • Franchising
    • Home-Based Business
    • Human Resources
    • Import and Export
    • Leadership
    • Management
    • Market Research
    • Marketing and Advertising
    • Negotiation
    • Network Marketing
    • Networking
    • Organizational
    • Presentation
    • Project Management
    • Public Relations
    • Small Business
    • Strategic Planning
    • Team Building
    • Telemarketing
    • Training
    • Data Recovery
    • Databases
    • Games
    • Hardware
    • Networks
    • Operating Systems
    • Programming
    • Security
    • Software
    • Spyware and Viruses
    • Ask an Expert
    • College and University
    • Home Schooling
    • K-12
    • Languages
    • Online Education
    • Psychology
    • Accounting
    • Credit
    • Currency Trading
    • Debt Consolidation
    • Insurance
    • Investing
    • Leasing
    • Loans
    • Mortgage
    • Mutual Funds
    • Personal Finance
    • Stock Market
    • Structured Settlements
    • Taxes
    • Wealth Building
    • Coffee
    • Cooking
    • Gourmet
    • Recipes
    • Wine and Spirits
    • Acne
    • Aerobics
    • Alternative Medicine
    • Beauty
    • Cancer
    • Cosmetics
    • Depression
    • Diabetes
    • Diseases and Conditions
    • Fitness Equipment
    • Fitness
    • Hair Loss
    • Heart Disease
    • Medicine
    • Men's Health
    • Muscle Building
    • Nutrition
    • Skin Care
    • Supplements and Vitamins
    • Weight Loss
    • Women's Health
    • Yoga
    • Arts and Crafts
    • Babies
    • Collecting
    • Elderly Care
    • Genealogy
    • Hobbies
    • Parenting
    • Pets
    • Pregnancy
    • Woodworking
    • Feng Shui
    • Gardening
    • Home Appliances
    • Home Security
    • Interior Design
    • Landscaping
    • Affiliate Programs
    • Article Marketing
    • Auctions
    • Audio
    • Banner Advertising
    • Blogging
    • Broadband
    • Domain Names
    • E-Books
    • E-Commerce
    • Email Marketing
    • Ezines and Newsletters
    • Forums
    • Internet Marketing
    • Link Popularity
    • Pay-Per-Click
    • Podcasting
    • RSS
    • Search Engine Marketing
    • Search Engine Optimization
    • Security
    • Social Media
    • Spam
    • Video
    • Viral Marketing
    • Web Design
    • Web Development
    • Web Hosting
    • Copyright
    • Cyber Law
    • Intellectual Property
    • National, State, Local
    • Patents
    • Regulatory Compliance
    • Trademarks
    • Buying
    • Selling
    • Dating
    • Divorce
    • Marriage
    • Weddings
    • Astrology
    • Buddhism
    • Christianity
    • Faith
    • Hinduism
    • Islam
    • Judaism
    • Meditation
    • Metaphysical
    • New Age
    • Cable and Satellite TV
    • Cell Phones
    • Communication
    • Gadgets and Gizmos
    • GPS
    • Satellite Radio
    • Video Conferencing
    • VoIP
    • Addictions
    • Coaching
    • Goal Setting
    • Motivational
    • Stress Management
    • Time Management
    • Clothing
    • Electronics
    • Fashion
    • Gifts
    • Jewelry
    • Causes and Organizations
    • Environment
    • History
    • Holidays
    • Men's Issues
    • Nature
    • Philosophy
    • Politics
    • Women's Issues
    • World Affairs
    • Air Travel
    • Camping
    • Cruises
    • Destinations
    • Outdoors
    • Article Writing
    • Book Reviews
    • Copywriting
    • Fiction
    • Non-Fiction
    • Poetry
    • Quotes
    • Screenplay
    • Tools and Resources