Show me
the money! Do pro athletes make too much
money?
http://findarticles.com/p/articles/mi_m0EPF/is_n26_v96/ai_19437488/
MIAMI, Fla. -- Hit a ball with a
bat. How much is that worth?
If your name is Gary Sheffield,
it's worth a fortune. On April 2, Sheffield, a right fielder with the Florida
Marlins, agreed to a $61 million, six-year contract. It's the richest contract
in baseball history, paying Sheffield, age 28, more than $10 million per year.
Albert Belle, an outfielder for the
Chicago White Sox, however, remains the highest-paid player this year (see
graph below); Sheffield's contract will not go into effect until next year.
Millionaires at Play
Sheffield's contract is only the
latest in sky-high salary contracts for athletes. Stars in other sports are
also raking in the big bucks.
Every time running back Emmitt
Smith of the Dallas Cowboys scores a touchdown, he receives $45,000. Seattle
Mariners slugger Ken Griffey Jr. takes home more than $100,000 for each home
run he hits. Chicago Bulls superstar Michael Jordan receives about $200,000 for
every basket.
* The average salary in the NBA is
$2.2 million per year; the minimum starting salary is $220,000.
* The average salary in
major-league baseball is now $1.37 million per year; the minimum starting
salary is $109,000.
* The average salary in the NHL is
$892,000; the minimum starting salary is $125,000.
* The average salary in the NFL is
$795,000; the minimum starting salary is $131,000.
In contrast:
* The average pay for classroom
teachers in the United States is $38,000 per year.
At that rate, a teacher would need
a little more than 27 years to make $1 million -- less than half what an NBA
player makes, on average, in just one year.
* The average pay for firefighters
in the United States is around $40,000.
* The starting salary for police
officers in the United States is around $29,000.
Do athletes deserve more money than
firefighters or teachers -- people who hold what many consider more valuable
jobs?
YES! They're Worth It!
Many people, including sports fans,
say athletes deserve high salaries.
Sports fans, says Larry Lundy,
director of sports marketing at Walt Disney World in Florida, are willing to
pay increasingly higher ticket prices and watch TV sports events in large
numbers. "It is the consumers who drive the market," he says.
Superstar athletes are few in
number, and the fans' demand for them is high. That demand raises the price of
athletes' services, Lundy says.
Others say athletes are paid fairly
when compared with others in the entertainment industry. Actors such as Tom
Cruise make between $15 and $20 million per movie.
"People forget that sports is
entertainment," says Leonard Armato, the sports agent who negotiated the
$120 million, seven-year deal for Shaquille O'Neal with the Los Angeles Lakers.
Top athletes believe they are worth
the big bucks because they generate millions of dollars for team owners, who
make money from ticket sales, television deals, and sales of team memorabilia.
NO! They Are Not Worth It!
People who think pro athletes are
overpaid say other, more important professions are more worthy.
Police officers, firefighters, and
doctors save lives -- sometimes while risking their own -- for a fraction of
what sports stars make. People in the military defend and protect the country,
sometimes giving their lives. Teachers are entrusted with the country's most
precious resource -- its children.
"These superstars would not be
where they are without their teachers," said a leading edurator.
"Teachers lay the foundation for future success."
President Clinton earns $200,000 a
year. Should the holder of the highest office in the country make less money
per year than a rookie just starting out in the NBA?
As Hollywood says, "That's
entertainment!"
However, even some former pro
athletes wonder about the out-of-sight salaries of today's sports stars.
Baseball Hall-of-Famer Duke Snider, who was never a millionaire, once said,
"Man, if I made $1 million, I would come in at six in the morning, sweep
the stands, wash the uniforms, clean out the offices, manage the team, and play
the games."
Wouldn't you?
* George Herman "Babe"
Ruth (photo below), was one of the first sports superstars. Ruth had a rough
childhood in boarding schools, where he often had to fight for his life. But he
overcame his background to become a national hero.
* During the Great Depression of
the 1930s, Ruth earned a salary of $75,000 per year -- more than President
Hoover's salary. When asked by reporters why he should make more money than the
president, Ruth answered, "Why not? I had a better year than he did."
* Basketball hall-of-famer Wilt
Chamberlain (photo below), who scored an average of over 50 points per game in
1962, and once scored 100 points in one game, got the first large NBA salary.
When Wilt entered the league, in 1960, the highest-paid player was Bob Cousey,
at $22,500. Wilt was offered $25,000, but turned it down for more money. He was
told by NBA officials that the league couldn't possibly pay him more than
$25,000. Wilt held out for more money, and the league came around. Wilt
eventually became basketball's biggest -- and best-paid -- superstar, the
Michael Jordan of his day.