Professional Sports Salaries & COVID19
Aug 23, 2020 12:29:43 #
In this era of Covid19, we see on TV that virtually all major professional sports are playing again...but there are no fans in the stands. We see boo-koo cardboard people in the first few rows, and that's it!
For example, in the NFL, the highest team salary is $271,000,000. and the vast majority of NFL teams have a team salary > $200,000,000. The same notion of team salaries, although to a lesser dollar extent, holds true for professional baseball, basketball, hockey & soccer.
The question becomes: How on earth can teams (in any sport) pay their players such exorbitant salaries with only cardboard people in the stands?
For example, in the NFL, the highest team salary is $271,000,000. and the vast majority of NFL teams have a team salary > $200,000,000. The same notion of team salaries, although to a lesser dollar extent, holds true for professional baseball, basketball, hockey & soccer.
The question becomes: How on earth can teams (in any sport) pay their players such exorbitant salaries with only cardboard people in the stands?
Aug 23, 2020 12:31:17 #
bobbyjohn wrote:
The question becomes: How on earth can teams (in any sport) pay their players such exorbitant salaries with only cardboard people in the stands?
They get most of their revenue from TV.
Aug 23, 2020 12:55:13 #
Aug 23, 2020 12:57:43 #
bobbyjohn wrote:
In this era of Covid19, we see on TV that virtuall... (show quote)
Do they not make far more through TV and other sources?
Aug 23, 2020 13:09:44 #
TV and advertising. Otherwise they wouldn't be playing to empty stadiums. Although teams do make less money without the fans in the stands.
As for who really cares for pro sports anymore. Probably people who read the subject line of this thread and not only open it up to read the contents, but also post a reply.
As for who really cares for pro sports anymore. Probably people who read the subject line of this thread and not only open it up to read the contents, but also post a reply.
Aug 23, 2020 13:54:31 #
Aug 23, 2020 14:42:09 #
Harry0
Loc: Gardena, Cal
A very large portion of your cable bill is to secure proprietary licensing for sports.
a lot of stadium money comes from Corps and box seat leases. Great write off and perks.
a lot of stadium money comes from Corps and box seat leases. Great write off and perks.
Aug 24, 2020 00:05:28 #
Capnyos wrote:
Couldn't agree more. Bunch of WAY overpaid people playing children's games.
and we encourage them by watching.
Aug 24, 2020 05:53:46 #
No security to shell out for. Money from the fans is of little importance to clubs these days whether it's NFL or Premier League.
Aug 24, 2020 06:42:05 #
With what is going on with the majority of professional athletes, who cares if they make money. Maybe if they loose enough, the salaries will drop, the owner profits will drop and when things get back to “normal”, pro games will be more affordable to the fans.. DEFUND PRO SPORTS INSTEAD OF THE POLICE.
Aug 24, 2020 06:45:56 #
Capnyos wrote:
Couldn't agree more. Bunch of WAY overpaid people playing children's games.
👍👍👍
Aug 24, 2020 07:02:30 #
John N wrote:
No security to shell out for. Money from the fans is of little importance to clubs these days whether it's NFL or Premier League.
Hear Hear
Aug 24, 2020 07:44:03 #
Architect1776 wrote:
...and other sources?
Definitely. Although, without the hot dog profit, they could find themselves in trouble eventually.
Years ago, a pro baseball player came to the local Holiday Inn. You had to pay to get in to see him, and you had to pay more to get his autograph. One excuse they use for charging for autographs is that collectors make a lot of money selling them - yeah, millions of dollars.
I don't even watch them on TV, let alone driving into town and paying to stare at some guy.
Aug 24, 2020 07:51:35 #
Aug 24, 2020 07:58:54 #
1Feathercrest
Loc: NEPA
kpmac wrote:
And who really cares about pro sports anymore?
Those overpaid athlete/entertainers don't warrant out sized salaries for something that contributes NOTHING of permanence to society or culture. Key word is Permanent as in future value.
If you want to reply, then register here. Registration is free and your account is created instantly, so you can post right away.