Why do pro athletes get paid so much?

8 Answers

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  • Joe
    Lv 6
    3 weeks ago

    Pro sports is a business. Owners of teams want money. They want profits. Lots of profit. They make money by selling tickets and food and beer and souvenirs at the games. They want fans buying that stuff. Fans don't come to games and buy stuff if the team is lousy. Good players make better teams. Better teams draw more fans. More buying stuff. More money for owners. Owners make so much money they can afford to pay big bucks to get good payers on their teams. All owners want this. They compete with each other to draw the best athletes. Bidding wars ensue. Athletes salaries skyrocket. Ticket prices go up so owners makes even more money. A beer at the game costs around eight bucks. It cost the owners probably 50 cents to buy it. A sweatshirt can cost over a hundred bucks but cost the owner maybe five bucks or less. The more money the fans pay the more money the owners make to bid higher salaries for good players. In other words, it's about the money. It's always about the money.

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  • 1 month ago

    Because at the end of the day like rock stars it's an entertainment business.

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  • 1 month ago

    Maybe someone chose to pay them that

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  • Supply and demand combined with the economics of the game. "Most" professional team sports in North America operate on a wage/salary cap which limits what clubs can spend on salaries which is a form of suppressing wages. Individual sports (tennis, golf) pay out prize money based on tournament contracts between sponsors and the bodies that run the respective tours.

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  • Rick
    Lv 6
    1 month ago

    I really don't know ......................................

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  • 1 month ago

    They get paid what they are worth to their employers. Teams and leagues sell advertising and tickets, so the players are money raisers.

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  • 1 month ago

    Because 1) a LOT of people want to see their favorite team win and 2) very few people can play at the level pro athletes can. It's simple supply and demand.

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  • Anonymous
    1 month ago

    If we paid teachers the way we paid pro-athletes, the US would be in a much better position than it is now.

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