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By what measure are the athletes under-paid, and by what measure are the owners and distributors over-paid?
by nickff 4y ago
By what measure are the athletes under-paid, and by what measure are the owners and distributors over-paid?
- djbusby 4y agoIt's the spread between workers(labor) and owners(capital). Millionaires working for Billionaires could be under paid, the same as 100k-aires are underpaid by 100M-aires. Overpaid, or extremely wealthy by the global society - but under paid in their "local group" (for lack of better term) Edit: like when VC say they take the risk - bullshit. They just risk money - labor (athletes, entrepreneur) risk time and health. Those are not renewable - but money is.
- 55555 4y agoYou define underpaid as being lowly paid compared to their local group but also claim that the group in aggregate is underpaid. Makes no sense. I think your parent commenter was asking for a citation showing that NFL franchises rake in net profits for owners and another citation showing athletes wages are being held down artificially. You are presenting ideology as objective truth.
- leetcrew 4y ago> citation showing athletes wages are being held down artificially this part is not controversial. the NFL has an official policy capping the total player salaries for each team.
- 8note 4y agoLocal group: Other athletes including basketball and boxing players. The NFL in particular tries to ensure that individuals don't become brands on their own Aggregate: athletes as a whole
- vfbgfbgtbbtgtbg 4y agoAre you familiar with sports? The billionaires made their money outside of it. Sports teams often don't make any profits at all.
- tshaddox 4y agoOne possible answer: the fact that one is making a profit from the work of the other.