Why Are Sportsmen So Well Paid?

As a kid, most of us will have dreamed about scoringearning for kicking a ball around a park. The money
a touchdown, or landing that crucial dunk. We'll haveused to pay these sportsmen comes from a variety
imagined hitting the home run to win the game, orof sources. Sports clubs take in primarily gate receipts
thought about scoring the penalty to win the league.from spectators in addition to the sale of snacks and
We'll also probably have thought about the vastmerchandise at each event. In addition to that, they
amounts of money, supermodel girlfriends and massivesecure massive sponsorship deals and additionally
houses, right? These things all go together with being astrike up contract with TV channels to broadcast their
top flight sportsman in modern times.progress. As if this wasn't enough, they also trade
It sounds like the dream job, and to an extent it's easysportsmen's contracts for millions, and receive financial
to see why: playing a sport you love all day and beingrewards along the way for winning competitions.
paid through the nose for your efforts. Take theAt the end of the day, sport is a business and players
example of soccer star David Beckham and hisare its assets. Without sportsmen, teams could not
recent move to MLS - in excess of $200 million over 5play, and thus the value paid to sportsmen for their
years, which isn't bad. That works out at a total of 17services is no surprise. Additionally, the fact that each
full days on the soccer pitch over 5 years for all thatsportsman generates large revenues through their
money. Not bad going, huh? But why is this the case?own merchandising for the club or team makes them
Why should these sportsmen receive so much foran invaluable investment for any organisation.
doing their job?Furthermore top skills are always in demand, and like
The fact of the matter is that $200 million could buildanything you have to pay for quality. Although it might
several brand new hospitals and schools, and could goseem unjust, the large scale operations of the major
some way towards social security. It's not a lot insport industry is testament to traditional market
national scale terms, but it's a lot for one man to beeconomics in our society.