Posted on 05/12/2020 8:33:08 PM PDT by GuavaCheesePuff
Average for doctors is ALL doctors. Average for sports should be ALL sports not just a few cherry picked.
Are welfare recipients overpaid?
Okay.
NBA guarantees rookies get $898,310
MLB guarantees rookies get $555,000
NFL guarantees rookies get $325,000
Total guarantees of $1,778,310
Average by three sports is $592,770
for a first year player.
Show me a first year doctor/surgeon in ANY field who is making that kind of green.
Oh, and show me any cherry picking I did.
Wages are generally based on the employee’s ability to produce. In this case, the sports players are producing the draw that sells tickets, advertising, merchandise, etc. That generates a lot of cash for the industry and they are compensated for it. If they didn’t draw in the cash, their pay would be reflected in that. The NBA vs WBA is a perfect example.
Class warfare propaganda is still on parade. You could take the same argument that the author makes by changing sports player to doctor and doctor to bank teller. It’s all designed to increase envy against people making more that you.
Average Neurosurgeon Salary
$406,698
https://www.payscale.com/research/US/Job=Neurosurgeon/Salary
According to an online survey of more than 20,000 physicians across 29 specialties, the highest-paying medical specialties are:
Plastic surgery—$501,000 per year.
Orthopedics—$497,000.
Cardiology—$408,000.
Radiology—$401,000.
Dermatology—$392,000.
I’m talking apples, minimum starting pay, and you’re talking oranges, average pay.
Only one of your examples, plastic surgeon, begins to equal the averaged guaranteed minimum pay of the three major sports.
Sports average-$592,770
Plastic surgeon-$501,000
BTW I have no problem with surgeons who have a decade of school, training and a couple of residencies behind them making big incomes. If they’re good they earned it.
I do scratch my head at the money paid to athletes, most of whom are dumber than a box of rocks.
To think that some dumbass who can’t think beyond his nose is making twice as much as the surgeon who is going to save life or limb tells me our society has jumped the tracks somewhere.
And don’t get me started on actors and musicians.
Didn’t know if that was even in question.
NFL teams' economic models are all based on revenue growth, starting with the expectation that the next round of TV contracts will generate billions of growth. That's what players like Dak Prescott are banking on.
What if that growth doesn't occur, and the salary cap doesn't increase? They'll be fine, pro sports isn't going away, but the players earning the minimum will be squeezed in favor of players on rookie contracts.
NBA looks to be hurt the most, when you consider Covid and the loss of revenues from China. I foresee midrange veterans losing out, again in favor of rookies. ESPN overpaid for the rights to televise NBA games, and you just know that Disney wants to restructure that contract.
Games without fans in attendance will punish teams like the Dallas Cowboys, though Jerrah will do just fine.
I'm just hoping that the college basketball season will be played with few restrictions.
No. In capitalism pay is determined by 2 things: how much revenue you generate, and how hard you are to replace. All these athletes are part of a small group of people who create billions in revenues for their respective leagues. So the pool generated for part 1 is quite large. And all you’ve got to do is look at how hard it is to rebuild a team after the star leaves to see how much part 2 applies. So no. They are not overpaid.
Keep in mind, doctors can earn money for 40 plus years where most athletes cannot.
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