Are NBA Players Overpaid?

sammyvine · Post #1 » by **sammyvine** » Wed Jun 6, 2012 10:05 am

I just saw that Garnett has taken $300m in wages alone. You look at what the likes of Kobe, Shaq, Lebron have earned throughout their NBA Career etc.....

I mean that is outstanding when you compare their salary's to doctor's etc...

Dupp · Post #2 » by **Dupp** » Wed Jun 6, 2012 10:17 am

All sports stars are really but its all relative to what $$$$ they generate.

ChrisTheFuturePaul · Post #3 » by **ChrisTheFuturePaul** » Wed Jun 6, 2012 10:47 am

Yes they do, they have a grueling schedule which I guess justifies it somewhat, but yea, the salaries are too high especially since the precedent was set by the Jordan's and Bird's of the league after they had PROVEN their greatness.

I say restructure so only guys who are 27+ can sign 14+mil deals per year.
Once outta rookie contracts max should be ~8mil per year until 27.

Just my opinion.

GloriaJames · Post #4 » by **GloriaJames** » Wed Jun 6, 2012 10:51 am

That money has to go somewhere.

Would you prefer that the billionaire owners get even richer?

Rubberduck · Post #5 » by **Rubberduck** » Wed Jun 6, 2012 10:55 am

I can't believe you guys are so ignorant about the whole Supply & Demand concept.

Where do you want the rest of the money to go? You already have maximum salary cap instilled. More money to the owners? They are the ones who profit like mad from this whole business with so many regulations surrounding player contracts. A player isn't even able to choose the team he plays for during his first 8 years or so of his career if he is good.

If you are so worried about players earning so much salary then you should stop boosting ratings of the NBA by watching it on tv and start pirating the games or something.

It is simply down to people caring more about watching sports, than paying taxes to support the national health care. Whoopie.

Wone · Post #6 » by **Wone** » Wed Jun 6, 2012 11:06 am

you realize how many more doctors there are than nba players right?

alb_mod · Post #7 » by **alb_mod** » Wed Jun 6, 2012 11:16 am

Are NBA owners overpaid?

ChrisTheFuturePaul · Post #8 » by **ChrisTheFuturePaul** » Wed Jun 6, 2012 11:19 am

Rubberduck wrote:I can't believe you guys are so ignorant about the whole Supply & Demand concept.

Where do you want the rest of the money to go? You already have maximum salary cap instilled. More money to the owners? They are the ones who profit like mad from this whole business with so many regulations surrounding player contracts. A player isn't even able to choose the team he plays for during his first 8 years or so of his career if he is good.

If you are so worried about players earning so much salary then you should stop boosting ratings of the NBA by watching it on tv and start pirating the games or something.

It is simply down to people caring more about watching sports, than paying taxes to support the national health care. Whoopie.

Last I heard a lot of teams were losing money and owning an NBA team was for people who didn't care about losing some cash.

NBA players are overpaid.

If you can afford a personal hair dresser to follow you around the country just to make sure your complicated hairstyle stays "full sexy" then you're not exactly roughing it.

spudwebb · Post #9 » by **spudwebb** » Wed Jun 6, 2012 11:30 am

We don't teach economics in school anymore? It has nothing to do with the fact that there are more doctors than NBA players or the fact that they have a grueling schedule. I am worry about what kinds of education my kids will get when I see posts like this

Rubberduck · Post #10 » by **Rubberduck** » Wed Jun 6, 2012 11:35 am

ChrisTheFuturePaul wrote:Last I heard a lot of teams were losing money and owning an NBA team was for people who didn't care about losing some cash.

NBA players are overpaid.

If you can afford a personal hair dresser to follow you around the country just to make sure your complicated hairstyle stays "full sexy" then you're not exactly roughing it.

Nice job making a statement without backing it up with actual numbers and then providing some anecdote to make an emotional appeal.

Please debunk the whole supply & demand concept if you want to prove nba players are overpaid.

ChrisTheFuturePaul · Post #11 » by **ChrisTheFuturePaul** » Wed Jun 6, 2012 11:36 am

spudwebb wrote:We don't teach economics in school anymore? It has nothing to do with the fact that there are more doctors than NBA players or the fact that they have a grueling schedule. I am worry about what kinds of education my kids will get when I see posts like this

So you're worried your kid might attempt to be a professional athlete? awwwwwwe. My heart goes out to you.

Of course economics isn't taught in school, aside from entry level banking jobs you need a degree and massive amounts of focus on that one subject to have anything more than a guess. Even then most economists disagree.

I'm all for NBA players getting a pay cut. Jordan said many years ago people are paid on potential now in the NBA and he's exactly right. So many 7mil contracts for players who don't even play much, usually because they are tall. Theres your supply and demand.

Wone · Post #12 » by **Wone** » Wed Jun 6, 2012 11:39 am

spudwebb wrote:We don't teach economics in school anymore? It has nothing to do with the fact that there are more doctors than NBA players or the fact that they have a grueling schedule. I am worry about what kinds of education my kids will get when I see posts like this

please tell me, o wise one, why the thousands and thousands of doctors don't get paid millions and the 400 or so nba players of a multi billion dollar industry don't get paid what the doctors do besides the fact that there are much more doctors than nba players? btw i took economics in college...

Rubberduck · Post #13 » by **Rubberduck** » Wed Jun 6, 2012 11:40 am

Wone wrote:btw i took economics in college...

pross · Post #14 » by **pross** » Wed Jun 6, 2012 11:43 am

I was thinking about this the other day and it's astonishing the money these guys make.

I'm from Australia and our star football players make around the $300,000 - $400,000 range. You guys don't want to know what our star basketball players make because I can honestly say, I'd make more than half of the players (that's not saying much)

TheToothFairy · Post #15 » by **TheToothFairy** » Wed Jun 6, 2012 11:49 am

Short answer YES. Pro Athletes and Actors are overpaid

Wone · Post #16 » by **Wone** » Wed Jun 6, 2012 11:50 am

Rubberduck wrote:
Wone wrote:btw i took economics in college...

what's so funny? :-?

Calvin Klein · Post #17 » by **Calvin Klein** » Wed Jun 6, 2012 11:52 am

pross wrote:I was thinking about this the other day and it's astonishing the money these guys make.

I'm from Australia and our star football players make around the $300,000 - $400,000 range. You guys don't want to know what our star basketball players make because I can honestly say, I'd make more than half of the players (that's not saying much)

Are any of these people massive famous people who generate billions?

Bucksfans1and2 · Post #18 » by **Bucksfans1and2** » Wed Jun 6, 2012 11:53 am

pross · Post #19 » by **pross** » Wed Jun 6, 2012 11:54 am

Calvin Klein wrote:
pross wrote:I was thinking about this the other day and it's astonishing the money these guys make.

I'm from Australia and our star football players make around the $300,000 - $400,000 range. You guys don't want to know what our star basketball players make because I can honestly say, I'd make more than half of the players (that's not saying much)

Are any of these people massive famous people who generate billions?

No. I was merely pointing out the comparison in other countries bro. Calm down

kob8 · Post #20 » by **kob8** » Wed Jun 6, 2012 11:54 am

Who are the top earners in the nba?