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They pay market rates, just like sports teams do.
by tempestn 10y ago
They pay market rates, just like sports teams do.
- btmorex 10y agoSports teams don't actually pay market rates. Every sport that I can think of limits pay in one way or another especially for stars, ostensibly so that small market teams can compete with big market teams.
- jzwinck 10y agoIn sailing you can usually pay crew whatever you like. Here's one example: http://www.wsj.com/articles/a-sailors-salary-300-000-if-he-works-for-larry-ellison-1426013584 http://www.wsj.com/articles/a-sailors-salary-300-000-if-he-w... There probably aren't any $10MM/year sailors, but we can infer that $1-2MM/year should be possible for a few.
- stevewilhelm 10y agoIn English and European club football (soccer) there are no salary caps. "In English sport, there’s no draft; there’s no salary cap; there’s no revenue sharing, no parity. In the Premier League, it’s every team for themselves." [1] 1 http://freakonomics.com/podcast/leicester-city/ http://freakonomics.com/podcast/leicester-city/
- rmc 10y agoIt quite funny how socialist American football is. :)
- tonyedgecombe 10y agoIt quite funny how socialist American is. :)