Are Sports Stars Grossly Overpaid?
By: Venidikt • Essay • 399 Words • November 13, 2009 • 1,486 Views
Essay title: Are Sports Stars Grossly Overpaid?
Sport has always entertained and influenced our lives. It creates dreams for children and goals for adults. However, many fans are oblivious to the millions they pocket each year. It is without doubt that our sports stars are grossly overpaid. Their annual earnings exceed those we make in a lifetime, even when compared to highly qualified professions. Despite the money factor, we sometimes question the values that are emphasized.
Sports stars earn substantial incomes compared to an average Australian worker. The official benchmark of average Australian earnings is just above AUS$50,000. However, compared to Layton Hewitt, who receives millions in endorsements and prize money each year, this figure is diminutive. Another example is Venus Williams, 20, is the highest-paid woman athlete in the world. She has a contract with sportswear manufacturer Reebok International Inc. that pays her $40 million over five years. This may seem as a step forward for womankind but others view it as a business deal for more money than one will ever need. The disparity between hard working citizens and sporting legends leads us to question their contribution to society.
Many ‘heroes’ are created and mostly because of sporting prowess. Yet, there are some things that are more significant that Olympic glory, contract negotiations and the score of the game. Professions that benefit mankind do not receive nearly as much attention or money but remain essential to society. Through a different perspective, it is becomes obvious