answersLogoWhite

0

Why Athletes are overpaid?

User Avatar

Wiki User

โˆ™ 2017-10-21 01:12:36

Best Answer

"Overpaid" is an opinion in a Capitalist economy.

Athletes are paid so highly because they are in very high demand, and the sport industries make a significant amount of money off of this demand.

Because the industries make so much money, they pay as much as they can to attract the best players to play for their team, as most players are going to play for whoever offers them the most money.

If society wanted to reduce athletes' pay, the way to do that would be to eliminate the demand of athletes and the industry would no longer profit.

User Avatar

Wiki User

โˆ™ 2017-10-21 01:12:36
This answer is:
User Avatar
Study guides

Heart Rate

20 cards

What were the cities and years of the Olympic Games which had terrorist disturbances

What is the correct definition for recovery heart rate

When is the ideal time to take a resting heart rate

What is another name for non-traditional sports

โžก๏ธ
See all cards
3.32
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
37 Reviews

Add your answer:

Earn +20 pts
Q: Why Athletes are overpaid?
Write your answer...
Submit
Still have questions?
magnify glass
imp
People also asked