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filler
Posted by: Clear-Eyed Realist
Date: 05/28/2008 06:36AM
This essay is, well, just dumb. It shows a total and complete lack of market economic knowledge.
NFL player/stars get the big bucks because 75,000+ people will reliably trek to the stadium on a Sunday afternoon, plop down a minimum of $85 for a seat, park for $20, buy a couple of $8 beers and a $6 hot dog, and buy a $180 jersey on the way home with the NFL stars' name on the back.
Compare the "draw" of Brett Favre of the Green Bay Packers to Jay Cutler, QB of the Denver Broncos. Who has the greater visibility, fan support, marketabilitiy - and can fill up those seats? Who deserves the higher compensation?
The day that I, a lowly research chemist, can get 75,000 people to spend 6 hours of their Sunday free time to battle game day traffic, pay exhorbitant ticket fees, overinflated parking and food costs to watch ME do MY thing at work.... I'm going to be worth every penny I earn for my laboratory. (I'm not holding my breath)
Oh, and this isn't even counting all the TV revenue, the advertising dollars, and local economic stimulus that a Brett Favre or a Jerry Rice or John Elway bring in to their hometowns.
The NFL stars are worth every penny they're paid, as long as people will fill the seats and turn on their HDTVs to watch them work.
NFL player/stars get the big bucks because 75,000+ people will reliably trek to the stadium on a Sunday afternoon, plop down a minimum of $85 for a seat, park for $20, buy a couple of $8 beers and a $6 hot dog, and buy a $180 jersey on the way home with the NFL stars' name on the back.
Compare the "draw" of Brett Favre of the Green Bay Packers to Jay Cutler, QB of the Denver Broncos. Who has the greater visibility, fan support, marketabilitiy - and can fill up those seats? Who deserves the higher compensation?
The day that I, a lowly research chemist, can get 75,000 people to spend 6 hours of their Sunday free time to battle game day traffic, pay exhorbitant ticket fees, overinflated parking and food costs to watch ME do MY thing at work.... I'm going to be worth every penny I earn for my laboratory. (I'm not holding my breath)
Oh, and this isn't even counting all the TV revenue, the advertising dollars, and local economic stimulus that a Brett Favre or a Jerry Rice or John Elway bring in to their hometowns.
The NFL stars are worth every penny they're paid, as long as people will fill the seats and turn on their HDTVs to watch them work.
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