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ATHLETE'S SALARIES

In the past few decades, athlete salaries have escalated like that of a superb stock equity. Athletes are taking full advantage of their position, causing the average man to wonder how high will they go. Some feel that athletes are greedy people who have lost care for the true meaning of their salary, the love of the game. Others feel that if a person is able to earn that kind of money, why shouldn't they? Increases in athlete salaries will bring up the question on whether athletes are worth the money by researching the NBA's

new collective bargaining agreement (before and after the approval), by observing the current salaries of top athletes in their respective sports, and by concocting possible solutions.

Shaquille O'Neal, formerly of the Orlando Magic, signed almost two years ago with the Los Angeles Lakers for an enormous $120 million over seven seasons.... Alonzo Mourning signed with the Miami Heat for a seven year deal worth about $112 million.... These fat contracts have brought out the question: Are pro athletes worth the millions they are paid? Basketball Hall of Famer David Thompson states, "Players have such a short time to make their money. If you look at others in the entertainment busine


Fleisher made the comment, "One of the concerns I had is that Kevin is making a six-year commitment to them. The market has escalated so rapidly, who's to say that, after a few years, Kevin wouldn't be in a position where he is worth far more." Certainly a 22 year old kid can live on $126 million quite alright.

As you can very well see, salaries have risen to unbearable heights, yet it is inevitable. With the economy as it is who knows when it will begin to level off. All we can do is sit back and watch.

Can a seven foot, small forward named Kevin Garnett, who was drafted right out of high school, be able to take the Timberwolves to a title in a few years? If so, he may be as valuable to them as Michael Jordan is to the Bulls. Garnett, who is averaging near 23 points, 12 rebounds, five assists, and two blocks per game, signed a six year deal worth $126 million at the end of September of 1997 after his agent, Eric Fleisher, declared, "Kevin Garnett will not re-sign with the [Minnesota] club after next season" (Aschburner). This was on August 12, 1997.

- $12,500 a minute played, assuming he plays about 35 minutes per game

Before doing an in-depth analysis of pro sports salaries, one ignorant person would conclude that these salaries are way too high. However, sports salaries are "okay" to be enormous. This is because high salaries show that the economy and basketball revenue are up, because that is where the owners get the money to pay the athletes. After Glen Taylor signed upcoming superstar Kevin Garnett, season ticket sales went soaring. Finally, if a player is allowed to make the money, why is it such a bad thing? More power to them. Yet athletes should be s

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Approximate Word count = 1154
Approximate Pages = 5 (250 words per page double spaced)


  

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