Olympics athletes are underpaid.

[livinglegend]

In US, they get a 25K US bonus for a gold medal, 15 for a silver and 10 for a bronze.
The British athletes don't get anything :lol . They have no bonuses.
Those who don't win medals don't get anything.
These athletes work full time. They give their everything and the government treat them like shit.
Most of them have to fund themselves to get to the olympics.
A gold medal should be atleast a million US reward.

[Trollsmasher]

they get paid from sponsorship deals

the performance itself has no value whatsoever, the only thing that matters is your screentime and how good you look during that screentime

[livinglegend]

they get paid from sponsorship deals

the performance itself has no value whatsoever, the only thing that matters is your screentime and how good you look during that screentime

That's the case for like less than 5% of the athletes.

[KyrieTheFuture]

Why? Countries don't get any money from how well they do in the Olympics

[Akrazotile]

LOL. A guy chooses of his own volition to practice high diving or shot put or badminton or canoe slalom for countless hours each week, and tax payers are supposed to reimburse him for this?

That's great if he achieves his goals and wins Olympic medals. I'm genuinely happy for him/her. It doesn't earn them some right to other people's money though.

[Nick Young]

In US, they get a 25K US bonus for a gold medal, 15 for a silver and 10 for a bronze.
The British athletes don't get anything :lol . They have no bonuses.
Those who don't win medals don't get anything.
These athletes work full time. They give their everything and the government treat them like shit.
Most of them have to fund themselves to get to the olympics.
A gold medal should be atleast a million US reward.
Olympics aren't about the money.
Athletes don't compete in the Olympics because they expect money.
Keep money out of the Olympics.

[iamgine]

In Singapore, they get $750,000 a gold medal.

Phelps should move.

Is that figure correct though OP? It seems very underwhelming.

[highwhey]

In Singapore, they get $750,000 a gold medal.

Phelps should move.

Is that figure correct though OP? It seems very underwhelming.
i'm sure phelps earns millions in sponsorships.

he earns a claimed 10 million a year in endorsements.

[iamgine]

i'm sure phelps earns millions in sponsorships.

he earns a claimed 10 million a year in endorsements.
Of course, he's Michael effin Phelps.

I'm surprised its only 10 mil.

[livinglegend]

In Singapore, they get $750,000 a gold medal.

Phelps should move.

Is that figure correct though OP? It seems very underwhelming.

yeah 100% correct.

[livinglegend]

Olympics aren't about the money.
Athletes don't compete in the Olympics because they expect money.
Keep money out of the Olympics.

Preparing for Olympics is like a full-time job.
These atheletes don't get paid anything for all of their work (unless they win medals).
They give their everything for the country, but the country don't give them anything.

[macmac]

yeah 100% correct.

No it's not, actually.

[NumberSix]

How much does the government pay people who win scrabble tournaments?

[warriorfan]

OP is underbrained

[livinglegend]

No it's not, actually.
how? what's wrong?

[livinglegend]

How much does the government pay people who win scrabble tournaments?

how many people watch the scrabble tournaments?

[bdreason]

I didn't realize they got paid at all. The Olympics is such an exploitation of people and resources. It's like the NCAA on a global scale.

[bdreason]

Olympics aren't about the money.



Is that why Brazil paid over $200 billion to host the Olympics? Why NBC paid $12 billion for the right to air the Olympics? Because it isn't about the money?


It's like the NCAA claiming that their employees are "student-athletes", because it's about the "experience" and "education", not about the yearly revenues of ~$12 billion dollars. :oldlol:

[ISHGoat]

Is that why Brazil paid over $200 billion to host the Olympics? Why NBC paid $12 billion for the right to air the Olympics? Because it isn't about the money?


It's like the NCAA claiming that their employees are "student-athletes", because it's about the "experience" and "education", not about the yearly revenues of ~$12 billion dollars. :oldlol:

bolded is not true. it was around 20 billion.

rest of the points are spot on.

[macmac]

how? what's wrong?


Track and field Olympians make like 16k a year even if they don't win. The top 50 Swimmers make about 42k a year.

And there's other examples.

They don't make a lot and some don't make at all, but you are exaggerating in your OP

[Nanners]

Is that why Brazil paid over $200 billion to host the Olympics? Why NBC paid $12 billion for the right to air the Olympics? Because it isn't about the money?


It's like the NCAA claiming that their employees are "student-athletes", because it's about the "experience" and "education", not about the yearly revenues of ~$12 billion dollars. :oldlol:

yeah I tend to think the athletes in both cases should be getting a big piece of that sweet network tv ad revenue.

the NCAA is particularly absurd. not only is the compensation a joke, its ridiculous that top athletes in most sports are not allowed to go straight to the pros, but forced to waste a year of their career getting ****ed by the bullshit NCAA. a guy like greg oden who is ready for the NBA draft straight out of highschool could potentially lose out on millions of dollars because of that year of NCAA. those rules would never fly in any other line of profession.

[iamgine]

yeah I tend to think the athletes in both cases should be getting a big piece of that sweet network tv ad revenue.

the NCAA is particularly absurd. not only is the compensation a joke, its ridiculous that top athletes in most sports are not allowed to go straight to the pros, but forced to waste a year of their career getting ****ed by the bullshit NCAA. a guy like greg oden who is ready for the NBA draft straight out of highschool could potentially lose out on millions of dollars because of that year of NCAA. that shit should be illegal, it would never fly in any other line of profession.
I thought they are free to not choose NCAA. It's just one of the options.

[highwhey]

I thought they are free to not choose NCAA. It's just one of the options.
ain't no one tryna leave their home country to go play for turkey or some sh1t club in a foreign country.

they're basically cornering you.

[Nanners]

I thought they are free to not choose NCAA. It's just one of the options.

i dunno about all sports, but with basketball the other options are kind of false choices. if you go overseas and play pro you dont get any exposure in the US, you will almost certainly get drafted lower, and you still get paid much less for that year than you should be getting paid as a freshly drafted rookie NBA player.


its downright unamerican to force high schoolers pursuing a certain profession (esp one that relies on athletic ability) to donate a year of their time before they are allowed to accept a job that pays them their full earning potential. if nba teams want to draft a high schooler, and if the high schooler wants to go to the NBA, then it should happen.

[Lamar Doom]

i dunno about all sports, but with basketball the other options are kind of false choices. if you go overseas and play pro you dont get any exposure in the US, you will almost certainly get drafted lower, and you still get paid much less for that year than you should be getting paid as a freshly drafted rookie NBA player.


its downright unamerican to force high schoolers pursuing a certain profession (esp one that relies on athletic ability) to donate a year of their time before they are allowed to accept a job that pays them their full earning potential. if nba teams want to draft a high schooler, and if the high schooler wants to go to the NBA, then it should happen.


Totally agree, residual David Stern meddling. Presumptuous and arrogant policy.

[G-train]

In Australia you receive grants and funding depending on your results.

[iamgine]

i dunno about all sports, but with basketball the other options are kind of false choices. if you go overseas and play pro you dont get any exposure in the US, you will almost certainly get drafted lower, and you still get paid much less for that year than you should be getting paid as a freshly drafted rookie NBA player.


its downright unamerican to force high schoolers pursuing a certain profession (esp one that relies on athletic ability) to donate a year of their time before they are allowed to accept a job that pays them their full earning potential. if nba teams want to draft a high schooler, and if the high schooler wants to go to the NBA, then it should happen.
I'm not sure why that is. There's an age restriction for a reason. Why limit it to high school? Why not middle school or no age limit at all? You're lucky it's only one year of college, some think it should be the full 4 years.

American companies make rules like this all the time. There's also restriction on how much a player can get in their rookie contract, also costing them millions. Heck, it's actually very American since you can't elect a president lower than age 35. If the people wanna elect a 22 years old as president, they can't!

[Nanners]

I'm not sure why that is. There's an age restriction for a reason. Why limit it to high school? Why not middle school or no age limit at all? You're lucky it's only one year of college, some think it should be the full 4 years.

In my opinion there shouldnt be an age limit at all. If a 15 year old wants to declare for the draft, and a NBA team really thinks its smart to use a draft pick on him, then who are we to stop them? If the kid is really good enough to play pro then we should let him, if hes not good enough he can sit on the bench and have access to the best coaches and trainers in the world.


American companies make rules like this all the time. There's also restriction on how much a player can get in their rookie contract, also costing them millions. Heck, it's actually very American since you can't elect a president lower than age 35. If the people wanna elect a 22 years old as president, they can't!

Other industries do not have rules like this. Name an example.

There are restrictions on all NBA contracts, its not just rookies. A team cant go and offer Lebron $50mil a year, even if he is easily worth that much. Personally I am against salary capping too, but thats a different discussion.

I am just going to pretend you didnt compare the requirements for being president of the USA with the requirements for playing a game where you put a ball through a hoop.

[warriorfan]

In my opinion there shouldnt be an age limit at all. If a 15 year old wants to declare for the draft, and a NBA team really thinks its smart to use a draft pick on him, then who are we to stop them? If the kid is really good enough to play pro then we should let him, if hes not good enough he can sit on the bench and have access to the best coaches and trainers in the world.



Other industries do not have rules like this. Name an example.

There are restrictions on all NBA contracts, its not just rookies. A team cant go and offer Lebron $50mil a year, even if he is easily worth that much. Personally I am against salary capping too, but thats a different discussion.

I am just going to pretend you didnt compare the requirements for being president of the USA with the requirements for playing a game where you put a ball through a hoop.

The problem is we will have situations like the current 76ers except worse. Imagine teams tanking to pick up the "Next Jordan" at 16 years old, then it almost encourages another 2 to 4 years of tanking while he matures.

[Nanners]

The problem is we will have situations like the current 76ers except worse. Imagine teams tanking to pick up the "Next Jordan" at 16 years old, then it almost encourages another 2 to 4 years of tanking while he matures.
was that happening prior to 2004 when teams were allowed to draft straight out of high school?

tanking is already a huge problem as the league currently stands, the fact that teams might tank for a very young player is irrelevant. if and when tanking happens, we should have rules that punish the teams that tank, rather than rules that punish talented high schoolers who teams are tanking for.

[StephHamann]

They are not underpaid, most of these sports are boring as hell to watch.

[I know you are]

In US, they get a 25K US bonus for a gold medal, 15 for a silver and 10 for a bronze.
The British athletes don't get anything :lol . They have no bonuses.
Those who don't win medals don't get anything.
These athletes work full time. They give their everything and the government treat them like shit.
Most of them have to fund themselves to get to the olympics.
A gold medal should be atleast a million US reward.
Some countries' athletes get hundreds of thousands of dollars for medals though.

[GimmeThat]

and the contracts and agreement that goes behind the idea and development of museums so that consumers can purchase tickets at a determined price may as well be called the exemplification of derivative stocks

I am unaware as to whether or not there are museums that screen passports at their entrance

[SexSymbol]

they're doing sports, an activity that gives nothing back to the world.
To get paid one dollar is to overpay any athlete ever.

[iamgine]

In my opinion there shouldnt be an age limit at all. If a 15 year old wants to declare for the draft, and a NBA team really thinks its smart to use a draft pick on him, then who are we to stop them? If the kid is really good enough to play pro then we should let him, if hes not good enough he can sit on the bench and have access to the best coaches and trainers in the world.



Other industries do not have rules like this. Name an example.

There are restrictions on all NBA contracts, its not just rookies. A team cant go and offer Lebron $50mil a year, even if he is easily worth that much. Personally I am against salary capping too, but thats a different discussion.

I am just going to pretend you didnt compare the requirements for being president of the USA with the requirements for playing a game where you put a ball through a hoop.
Again, there are good reasons for age restriction and salary cap. You are talking as if the NBA should let teams do anything it pleases. I see very little reason why it should be like that.

Industry? NBA is pretty much an sporting entertainment company. Lets see other sporting entertainment companies:

WWE has age limit. NFL has age limit. MLB has age limit.

If anything the age limit should be raised.

[UK2K]

i dunno about all sports, but with basketball the other options are kind of false choices. if you go overseas and play pro you dont get any exposure in the US, you will almost certainly get drafted lower, and you still get paid much less for that year than you should be getting paid as a freshly drafted rookie NBA player.


its downright unamerican to force high schoolers pursuing a certain profession (esp one that relies on athletic ability) to donate a year of their time before they are allowed to accept a job that pays them their full earning potential. if nba teams want to draft a high schooler, and if the high schooler wants to go to the NBA, then it should happen.

Brandon Jennings.

He averaged 5.5ppg and shot like 35% from the field in his one year and was still the #10 pick.

If you're good enough, scouts will find you.

Or, you can not play that year and work on training.

It's no different than requiring a football player to attend three years of college.

[Snarky Narc]

they're doing sports, an activity that gives nothing back to the world.
To get paid one dollar is to overpay any athlete ever.
Aren't you a barrel of fun. I guess no entertainers should get paid.

[Akrazotile]

i dunno about all sports, but with basketball the other options are kind of false choices. if you go overseas and play pro you dont get any exposure in the US, you will almost certainly get drafted lower, and you still get paid much less for that year than you should be getting paid as a freshly drafted rookie NBA player.


its downright unamerican to force high schoolers pursuing a certain profession (esp one that relies on athletic ability) to donate a year of their time before they are allowed to accept a job that pays them their full earning potential. if nba teams want to draft a high schooler, and if the high schooler wants to go to the NBA, then it should happen.



Most businesses in the country will not only not consider an 18 year old kid for an important job, but will require that he specifically have spent at least 4 years in a college program. They won't even take equivalent work experience or hire you on potential. Their requirement is a four year degree, non-negotiable.

Why is it that nobody complains about this, but complains when NBA teams won't hire kids from high school? People like you actually WANT the government to pay for all this schooling kids don't need. Except when it comes to sports.

Why? Is it because you think "dude, its like, white owners not letting young black men make teh moneyiess. Taht's like teh slavery!!!!"

I don't understand the difference. In every other field the left wing complaint is that we don't send enough kids to school so they can work for companies that require it. But in sports its always the opposite.


Explanation??

[bdreason]

There's a difference between 'don't' and can't'. Most business's 'don't' hire 18 year old employees because they don't see them as a reliable asset. The NBA 'can't' hire an 18 year old because of a stipulation in the collective bargaining agreement. My only problem with the stipulation in the CBA, is that there isn't really any motivation for the NBA or Players Association to change the rule. NBA owners are happy to get a free year to evaluate players further, and players who are already in the NBA aren't eager to have more players (competition) enter the league at a younger age. In other words, nobody is fighting for the rights of these guys coming out of High School with no realistic option other than playing a year of College ball for free.

Imagine if the 19 year old rule were around when LeBron came into the league. He would have wasted a year of his career playing in College, despite the fact that he was obviously ready to play in the NBA. The worst part? Since he would have been an NCAA athlete, he wouldn't have been allowed to make money off sponsors. I don't remember what LeBron's deal with Nike was coming out of HS, but I think it's safe to say the rule would have cost him millions of earning potential.

[bdreason]

Looked it up. His deal out of High School was 7 years and $90 million. So losing that single year would have cost him $13m (Nike deal) + $4m (Rookie 1st year salary). What's worse is the NCAA would have made millions off him without paying him a single dime.

[Akrazotile]

Looked it up. His deal out of High School was 7 years and $90 million. So losing that single year would have cost him $13m (Nike deal) + $4m (Rookie 1st year salary). What's worse is the NCAA would have made millions off him without paying him a single dime.


I think what a lot of people don't realize is that the NCAA system is not in place because it makes money. The NCAA has been around since 1910. It is a body created to oversee collegiate athletics.

The reason the NCAA makes so much money is because how obsessively we watch college sports. The rules against players earning money pre-date huge television deals. It pre-dates massive attendance. Those rules were put in place as a principle of college athletics, to maintain athletic integrity. The NCAA simply was fortunate that Americans developed an insatiable desire to watch sports.

The NBA did not create its 1-year rule for revenue. It did not create it so the NCAA can make more revenue. It created it so it can better evaluate players whom it will ultimately be investing big money in. Does the NCAA benefit as a consequence? Yes. Why? Because players people wanna watch are in the NCAA longer. Is that the NCAA's fault? No.

If players wanna get paid in college, I'm fine with it. I don't care. Let them make their case for it, fight for it legally, whatever. But the idea that the NCAA won't pay them because it "wants to keep all the money" is simply not valid, because the NCAA had those rules before it was making any money.

If you're not an NCAA administrator or a student athlete, who cares? What business is it of yours anyway? What is up with people always having this mentality of "Let me insert myself into a dispute and always help the weaker party, no matter what." If NCAA athletes wanna get a piece of that pie, let them organize and do whatever they wanna do. What's with uninvolved third parties wringing their hands over it? Just to play social hero? To get on that Robin Hood shit?

It's ****ing sports, man. We're the ones who make all that money for the NCAA, watching so many damn hours worth of the stuff.

[UK2K]

Looked it up. His deal out of High School was 7 years and $90 million. So losing that single year would have cost him $13m (Nike deal) + $4m (Rookie 1st year salary). What's worse is the NCAA would have made millions off him without paying him a single dime.

I can name you 10 guys who were told they were ready when they weren't and didn't make a ****ing dime.

I take that back... they've made less than a dime because they owe more money then they ever made.

[bdreason]

I can name you 10 guys who were told they were ready when they weren't and didn't make a ****ing dime.

I take that back... they've made less than a dime because they owe more money then they ever made.


The free market at work. That doesn't mean you create arbitrary rules to restrict the market.

[Nanners]

gotta love how two of the posters that are constantly saying college is a waste of time and money are in favor of a system that forces young athletes to waste their time going to college :oldlol:

[Akrazotile]

gotta love how two of the posters that are constantly saying college is a waste of time and money are in favor of a system that forces young athletes to waste their time going to college :oldlol:


Nobody is being forced to do anything. Travel the world for a year, or go play in a different league, or get some sponsorship money and start your own business while youre waiting your one year.

GET CREATIVE.

I started a business that will allow employees more freedom. If that model doesnt suit the NBA that's their business. They shouldnt be required to do it one way or another. If players or viewers dont like how the NBA does it, then use your leverage. Dont cry to the government.

Crying is for babies.