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Athletes that have spent thousands of hours training their whole lives to be the some of best in the world at their craft, generate billions of dollars doing their job. Why shouldn't they get paid well from that pool of billions?
Teachers, nurses, etc should get paid more, but their professions don't generate the same kind of revenue as the entertainment industry, so that money has to come from some other source, like the government.
Revenue is not the same as value, teachers enable much more economic activity than athletes. The fact we equate "profit generated" to the value of the profession is part of the problem.
I agree, but the money has to come from somewhere. Athletes generate the money they are paid, and they generate a lot so they get paid accordingly.
I don't think that we are equating profit generated as value. It's just a fact that athletes make lots of money because they generate it.
I think that what should happen is that the organizations/teams that are making billions should be taxed higher or something equivalent and those funds should go to under paid professionals like teachers. But, I don't think that athletes should make less because there's enough extra profits that both can exist.
Our political system equates value to revenue and that is why we don't tax accordingly. Business owners are labeled "job creators" and taxing them is framed as a negative value add.
Absolutely agree that athletes are also being exploited here and the burden should not fall on them to correct this (except as advocates for a better system).
profit generated by teachers is too indirect, too long term. Most people can’t even seem to conceptualize it, much less quantify it, plus who’s going to stay at a job 20+ years before they get a payoff