Sunday, February 14, 2010
The Landscape of an Uncapped NFL Season
Those that are interested in the NFL and how they deal with the salaries of their players should keep a close eye on whats around the corner. For more on this go to my previous post found here. This is the latest news. It does not sound very promising. The bottom line: An uncapped season sounds like its a win for the players union, but is actually a function of NFL owners infighting (the wealthier teams want to keep more of their money). My prediction is that there will be an uncapped season (a sentiment not shared by at least on other Sports Economist). Just what an uncapped NFL season would look like is anyone's guess.
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Maybe I'm being emotional about this, but I find the amount of money athletes can make in this country absolutely ridiculous, especially in the current economic climate. There should definitely be a salary cap for the NFL, and in all sports for that matter. And one that is much lower than this: "Last season, the cap was $128 million and the floor was $111 million, meaning every team had to spend at least that amount."
ReplyDeleteAlthough I'm no economist by far, but I can only think that spending unlimited amounts of money on athlete salaries is detrimental to the future of the sport and the economy.
About athletes and their incomes... I was just reading earlier today about the NBA. I'm going by memory here, so don't believe everything I say, but I think they (the NBA) lost about $400 million over the last year. Projected $200 million in the next two successive years. David Stern, the commish, wants things revamped, including players salaries. For example, first round draft choice salaries would be capped and I forget all the other mumbo jumbo. The player's union is of course not cooperating. But athletes do make a ton of dough. It is a little sad. Especially because the real superstars could make their fortunes from advertising and stuff. And the rest of 'em, you could cut way back on their salaries and they'd still live better than doctors and lawyers and pillars of society.
ReplyDeleteHere's the other thing. If businesses, which is what NBA franchises are, can make more money by paying their players more money, then I guess it's a business' responsibility to pay those players, even if it doesn't seem fair to other folks. It's the whole idea of whether or not a business needs to incorporate morality. But here, I guess there aren't really any moral issues. Paying these players enormous sums isn't killing or injuring anyone. So, its a business' business to make more dough, and athletes just happen to luck out.
Deep down in my heart, and I rarely even watch the sport... Hockey players deserve every cent they get. If you've ever looked at their noses or their teeth, you may know what I mean.
Here's the NBA article if you're interested:
ReplyDeletehttp://sports.espn.go.com/nba/news/story?id=4912384
Becca Keener 0858-002
ReplyDeleteI have to agree with Suzette on this one. It is ridiculous the amount of money profesional athletes make, especially because they are doing something (hopefully) they love. Being an athlete, I can vouche for the amount of time and dedication you have to put in to even be a decent athlete. Just being a college athlete I put atleast 3 hours in a day practicing, that is excluding injury rehab, meetings, watching game tape, and so forth. There is also the risk factor: it is dangerous to put the amount of strain on your body that is necessary to be a profesional athlete: lifting all the time, injuries, concussions.. but I still find the amount of money they make quite ridiclous. If someone really loves what they do that much, why do they need such a ridiclous amount of money to live on. Not all professional athletes live "too well-off." Some do live modestly and give to charity. It's the ridiculous houses and cars that some athletes have that get me. At this time with the markets and the money situation the way it is for many, I think we need to think about what is most important. I understand why surgeons get payed a lot; they save lives. America needs to think about priorities and not just sports entertainment.
Quealeena Walton
ReplyDeleteI think the amount of money these atheletes make just for throwing, kicking, or catching a ball is absolutely ridiculous. It is sad that these peopel have been getting away with making so much money from just playing a sport for so long. One persons salary could probably feed and cloth five families and pay 3 college students tuition. With the country in the condition it is in now, these atheletes pay rolls need to be cut.
I couldn't figure out an easier way to share this with the class, since I can't create posts on here myself.
ReplyDeleteI came across a man named Jonas Noble, a Swedish multifaceted artist who has some heavy thoughts about the economy. so heavy that he has collaborated with Whyred, a Scandinavian semi-high fashion brand, and created a collection of goodies for the public.
I've only tracked down three different items: a wool scarf with the words "THE END" painted with a thick brush on it, a hand mirror cased in a black wooden box that says "still alive" when the glass is held up to light and a book.
The theme to his line is "founded upon a fictive character consumed by the doomsday, representing our shared sub conscience."
Blah blah blah and so on and so forth.
Check it out though, and read the white body text in the description of each piece.
http://www.whyred.se/website1/1.0.1.0/434/1/
I actually side with the players on this deal. I think the NFL owners are being greedy. Don't get me wrong, I think players make a lot of money, yet the owners seem to be pushing for an uncapped season. The owners already made contracts with broadcasting stations that guarantees the owners money, even if no games our played. The players union is being forced into a deal. I do not know how it will play off, but I do know that greedy owners are never a good thing. An incompetent, greedy owner named Donald Trump, single handedly ruined the USFL. I hope it does not tarnish the sport of football.
ReplyDeleteAlot of people blame the athletes, and ask why they deserve so much money. They say yeah there talented by why make millions off playing a sport. I do agree that athletes are overpaid but you have to look at it from another perspective. The fans are the ones who support that salary. A team can afford to bring in a star player in a multi million dollar deal cause ticket sales will sky rocket. The general public will pay and over priced ticket to see their favorite team play. They buy all sorts of memorabilia and merchandise to bring to the events. They also purchase drinks, clothes and products endorsed by certain athletes. High caliber athletes are in high demand. The fans will pay large sums of money to watch them play. Teams must then compete to acquire certain players that improve their team. This is ere the large sum incentives come into play. In order to satisfy the fans demand to see a winning team, Sports clubs shell out large sums of money for these players to join their team. It is the fans who are directly supplying these athletes with their income. If people feel athletes make to much, then they should stop cheering on their favorite team and going to the games.
ReplyDelete