Overpaid Athletes. Disclaimer: I didn’t work out the pay comparison; it was Peter Struck, associate professor of classical studies at the University of Pennsylv sport
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Overpaid Athletes

Disclaimer: I didn’t work out the pay comparison; it was Peter Struck, associate professor of classical studies at the University of Pennsylvania. If you have an issue with his math, I’m sure he would be delighted to hear from you.

Source: OC from sources: www.telegraph.co.uk/news/newstopics/howaboutthat/7942699/Wealth-of-todays-sports-stars-is-no-match-for-the-fortunes-of-Romes-chariot-racers.html
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news.discovery.com/history/ultra-millionaire-sponsorship-deals-such-as-those-signed-by-sprinter-usain-bolt-motorcycle-racer-valentino-rossi-cricketer.htm

Tags: sport
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User avatar #61 - springbok (06/21/2014) [+] (2 replies)
stickied by springbok
Fix: I meant to say Roman legionary instead of Roman centurion. As has been established before, I am not a smart man, but I know what fluff is!

The pay comparisons are based on Forbes estimate of Salary/Winnings + Endorsements for 2014. www.forbes.com/athletes/list/#tab:overall
#1 - sumsar (06/20/2014) [+] (28 replies)
athletes have been overpaid thought history.
User avatar #3 - vileinsect (06/20/2014) [+] (11 replies)
i wonder whatt they do with 50-60million a year?
#30 - underthetable ONLINE (06/21/2014) [+] (18 replies)
i don't think actors and sports players should make millions of dollars a year...freaking messed up world that a person who plays with balls all day gets paid more than someone who has a brain.
User avatar #34 to #30 - tehfalconguy (06/21/2014) [-]
It doesn't matter what's fair, it doesn't matter what anyone thinks is right, the fact of the matter is that's just the way the world works. People who can play sports at a professional level are few and far between, and in that type of career they have an insane risk of injury possibly ending their sports career not to mention they retire super early. The fact of the matter is that not many people can do that job, and you can't very well just replace Shaq so they're paid a lot to keep them there. If jobs were paid by how people think they should, everyone and their mother would become a schoolteacher and get paid a ******** for a job arguably most people could do, and other professions would have absolutely no incentive going for them.
User avatar #27 - Sworley ONLINE (06/21/2014) [+] (3 replies)
if it was an easy job to obtain, you wouldnt get paid that much
User avatar #79 - alfjnn ONLINE (06/21/2014) [-]
Economist guy here.

Okay, I shouldn't be typing **** after being awake for 20 hours, but hear me out.

For those of you complaining about actors and athletes being over paid, understand that these industries are -huge-. Like, culture definingly huge. In the grand scheme of things, though while a soldier or fireman or policeman, might be infinitely more honorable or noble, in our modern society, people will always like movies and sports more than they will soldiers or life savers, or this that and the other thing.

As you can see with the content, this has been the case for generations (though it's rather innacurate, being that the basis was the pay for roman soldiers compared to modern day US soldiers, and Roman Soldiers were paid pretty well, compared to the rest of Roman Society, so the multiplying factor is kind of ****** up. Basically, he's still on par with modern sports dudes as well. But that's not the point.)

But as I was saying, when your life, or the lives of you and your kind can define an entire culture, (seriously. Look at harry potter, or people who are super into sports) you would imagine that there is a lot of money to be made. I don't even want to go into the fact that some of these people have trained their whole lives to do what they do, and blablabla, because that's just not the point.

tl;dr there is no place for honor or nobility in economics, especially when there is money to be made, and it is near moronic to argue ethics in a monetary based society. Though it hasn't always been like this, nor will it always be, it is how it is now for specific reasons.

If we follow the course of economics, **** should change in a few years. But please don't make ridiculous statements like "SOLDIERS SAVE LIVES, THEY NEED TO MAKE MORE MONEY THAN ACTORS" People get paid for talent. Not everyone can act, but a lot of people can be soldiers. (As rude and as awful as that might sound. I'm a patriot through and through, it hurts me to say.)
User avatar #67 - thedutchs (06/21/2014) [+] (1 reply)
"Wealthy women would also pay to have sex with him, often with the blessing of their husband'

Some real cuckold **** right there
#59 - homohominilupusest (06/21/2014) [+] (10 replies)
way to go, society
User avatar #18 - crazyanimal (06/21/2014) [+] (8 replies)
Those numbers for the athletes are a tad high.... I don't exactly remember but Mr. CrampsAlot is paid like 20 - 30m a year
#78 - angelusprimus (06/21/2014) [-]
Yes athletes are overpaid, if we define overpayment as "amount of work vs. amount of pay". But that's not the only way to look at it.
Here is the thing, for every athlete that makes 80 mil a year there is a thousand kids killing themselves, risking injury, often poor as church mice, hoping they make it. Top 0.01 percent makes millions, rest does not.
And they make millions because they generate millions. In sales, in advertisement, in many ways.
Is it fair that someone makes 80 million for playing with the ball when fireman makes 60k? He pays taxes on those millions, his team pays taxes on earnings he brings them, his sponsors pay taxes on sales his name increases. And those taxes pay fireman's salary.
I hope more athletes make more money. We will be able to afford more firemen and policemen and teachers.
#74 - fuckyosixtyminutes (06/21/2014) [-]
I love these posts about "overpaid" that bring out the economic ignorance festering Funnyjunk.
#38 - coopermartin (06/21/2014) [-]
Lebron's contract is for seventeen million a year, but with enforcement deals he might make around half of what you decided to show. The same goes for just about all of these athletes. Most of it is endorsement deals
#11 - bobbysnobby (06/20/2014) [+] (5 replies)
These values are all the **** over the place and are just wrong.

For example. Kobe isnt paid 60million a year. He is paid like 24 million a year. He just signed a contract for 2 years and like 48 million dollars.
#13 to #12 - bobbysnobby (06/20/2014) [-]
You cant count endorsements as a salary comparison. By that logic when you look at the earnings of any profession you would need to look at other jobs they do, or investments. You could then say the earnings of like a mc donalds employee who has a second job at in and out or something has an earning of like 19 dollars an hour.
#127 - nonanonnon (06/21/2014) [-]
with the blessings of their husbands.

"Lucky bitch. I'd have sex with him too if he'd let me."
User avatar #71 - ieatbengay (06/21/2014) [-]
if someone works their whole life to become the best at something that the whole world is interested in and its impressive why wouldn't they deserve a lot of money? if every Ronaldo fan paid 1 euro to keep him playing he would earn a lot more than 80 million
User avatar #33 - bouncearound (06/21/2014) [-]
well under half of the athletes pay is for actually playing. most is from endorsements
User avatar #10 - konradkurze (06/20/2014) [+] (5 replies)
athletes are overpaid distractions used to keep peoples minds off real life issues
#129 - yourmomismyhostage (06/21/2014) [-]
tfw you never lived the Roman good life
User avatar #53 - Ajracer (06/21/2014) [-]
Even if athletes are overpaid as **** I'd rather the money go to them then the team owners who in most cases don't do much and often inherit teams Mark Cuban is a big exception here. Respect . Pro football (American) and basketball players are basically biological anomalies and if people are going to spend money to watch them play they are definitely the ones that deserve it.
User avatar #49 - Tazdingo ONLINE (06/21/2014) [-]
Shouln't they use a Roman legionnaire and an American soldier for comparison? A centurion would be something like an officer, not a grunt.
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