Talk of The Villages Florida - View Single Post - Have paydays in sports gotten obnoxious?
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Old 08-29-2022, 05:22 AM
jimbomaybe jimbomaybe is offline
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Quote:
Originally Posted by Blackbird45 View Post
The title Professional Athlete, give them the right to demand whatever they believe is their worth. There are CEOs in this country that exceed over $100 million a year and do very little to earn it. Plus, if the company takes a downturn the CEO contractually walks away with a large severance package. It doesn't matter what your profession, in this country the sky is the limit.
You can "demand" anything you want, convincing some one else to pay you is another thing, its called competition, if you can play what is a game for children at a very high level your abilities are worth a lot as an entertainer , watching on TV/or video doesn't give a good appreciation of the physical abilities of the athlete what ever the worth financially, CEOs are put in place by ownership in an effort to keep the business profitable, the only reason it can exist, of course there are examples of dumb ,ill-considered moves on the part of CEOs of large corporation,( in hindsight) Say what you will about capitalism but it has allowed for creation of the wealthiest period in human history, yes I know not for everyone, (is there a government program that supplies crying towels? ) Much of this is due to the ability to manage all the variables, insight into what is and the creative abilities of good management. A top CEO is worth much more than an entertainer to the people who hold equity in the business, those who make their living working for the business.