Large Salaries of Pro Athletes Negative Effects on...

Large Salaries of Pro Athletes Negative Effects On Athletes and Sports Abstract This paper will explain the effects of the luxury contracts of athletes on sports as well as the athlete. The debate is whether the effect is a negative effect or not. This paper will aim to show how the contracts of athletes have changed significantly over time. It will also show how the pro athlete affect the sport of college in different aspects and if that helps or hurt the college athletics or influences it in a way to help the athletes. Then we will focus on how the salaries affect the players themselves. We take a look at today’s professional athlete and wonder what it be like to live like that. Even though the professional athlete is few in†¦show more content†¦(Underwood, 2009) Let us take a look at some of the current athletes in the respective major sports and go into depth of the premium paydays in the NBA, NFL, and MLB. â€Å"The three names will focus on will be Kobe Bryant (61.9), Drew Brees (51m), and Alex Rodriquez (30.3m)†.(Badenhausen, 2013) Kobe Bryant recently signed a two-year contract with the NBA franchise LA Lakers which for the third straight year will make him the league’s highest paid salary athlete at 30 million a year for the next two years, with the next player making 7 million dollars less than him, which is the most popular league player in LeBron James. Quarterback Drew Brees with his multi-year extension deal with the Saints makes him the NFL’s high man just edging his counterpart quarterback Aaron Rodgers by just a ha lf million dollars in perspective. These leagues consist of salary capped multi-year player option and team-option contracts unlike the MLB. The MLB is different in many ways as they able to offer multi-year contracts and no salary cap in which the 10 year contract of Alex Rodriquez worth 30 million dollars per year has him tops in the league. This factor puts into perspective the difference in how the professions pay charts differ from no salary cap in the MLB to guaranteed money caps for the NBA and NFL alike. To understand the impact of such contracts, we focus on the collegiate athlete. To go toShow MoreRelatedCollege Athletes Have A Dream Of Becoming A Professional Athlete1486 Words   |  6 PagesMany college athletes have a dream of becoming a professional athlete. In most countries, especially in Europe, athletes are club players who move from amateur to professional status at a young age. 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