Sunday, September 10, 2006

A Biliionaire Athlete?

Professional athletes have been making more and more money over the past ten years, but none of them have been making more than Tiger Woods. Woods could become the first ever billionaire athlete. His all-time PGA earnings, in his ten year carrer, accounts for $64,412,324, when the next closest is half of that. If his endorsements (NikeGolf, Buick, American Express, Accenture, etc.) were included, he is then a definite billionaire, but earning a billion dollars just as an athlete is the question. Tiger just turned 30 years old and is playing better than ever winnning 5 straight PGA victories and won 2 of the 4 majors this year. Within the next ten years Woods' will break one billion in earnings easily. This is becoming a big issue because people believe that an athlete should not be able to make that much money. So, is this right, having an athlete be a billionaire?

Tiger Woods is more than likely the best golfer in history, possibly only to Jack Nicklaus, and Tiger has won over fifty times in his career, but does it still seem reasonable? You can't take away any of Tiger's accomplishments and everything that he has earned, but hard-working individuals who achieve different/smaller accompishments can not receive the same type of pay. Nowadays, a professional golfer, on average, earns nearly $400,000 in prize money a year, while the average worker earns no where near a quarter of the $400,000.

There will never be any correlation between a professional athlete and the average workers, such as teachers, in their salaries. Do you believe that professional athletes make too much money? Even if the athlete earns the money, 50+ victories, is it still wrong for an athlete, such as Tiger Woods, to become multi-millionaires and even billionaires?

2 comments:

chris carter said...

Professional athletes are not even close to being overpaid. Some athletes deserve the money the get to play a sport such as Tiger Woods. When someone can dominate the game they play, a large amount of money is a great reward.

Matt Sleyzak said...

Professional athletes are way over payed. Yeah we watch most of them on television in aww because they do something amazing. But is their millions of dollars really worth that much. Yeah Tiger Woods is great but what about when he was in his slump in 2005 and lost every event he entered except for one. HE still got payed over a million dollars for each one and for what. He got payed to perform not to the best of his ability but just to show up and play. What about the people who sit on the bench in the NFL,NBA, and even the MLB. All of them get payed way more then the people who matter most in this world like lawyers and doctors. I believe that athletes are overpayed not because they make to much money just because of the fact that it doesnt help us in any way and they make more than the people who do.