Why Are Sportsmen So Well Paid?

As a kid, most of us will have dreamed about scoringused to pay these sportsmen comes from a variety
a touchdown, or landing that crucial dunk. We'll haveof sources. Sports clubs take in primarily gate
imagined hitting the home run to win the game, orreceipts from spectators in addition to the sale of
thought about scoring the penalty to win the league.snacks and merchandise at each event. In addition to
We'll also probably have thought about the vastthat, they secure massive sponsorship deals and
amounts of money, supermodel girlfriends andadditionally strike up contract with TV channels to
massive houses, right? These things all go togetherbroadcast their progress. As if this wasn't enough,
with being a top flight sportsman in modern times.they also trade sportsmen's contracts for millions, and
It sounds like the dream job, and to an extent it'sreceive financial rewards along the way for winning
easy to see why: playing a sport you love all day andcompetitions.
being paid through the nose for your efforts. TakeAt the end of the day, sport is a business and
the example of soccer star David Beckham and hisplayers are its assets. Without sportsmen, teams
recent move to MLS - in excess of $200 million overcould not play, and thus the value paid to sportsmen
5 years, which isn't bad. That works out at a total offor their services is no surprise. Additionally, the fact
17 full days on the soccer pitch over 5 years for allthat each sportsman generates large revenues
that money. Not bad going, huh? But why is this thethrough their own merchandising for the club or team
case? Why should these sportsmen receive so muchmakes them an invaluable investment for any
for doing their job?organisation.
The fact of the matter is that $200 million could buildFurthermore top skills are always in demand, and like
several brand new hospitals and schools, and could goanything you have to pay for quality. Although it
some way towards social security. It's not a lot inmight seem unjust, the large scale operations of the
national scale terms, but it's a lot for one man to bemajor sport industry is testament to traditional
earning for kicking a ball around a park. The moneymarket economics in our society.