* Athletes in today’s society are earning substantial amount of money, in some cases extremely ridiculous amounts. * Tiger Woods made $110 million during the past 12 months and is the best paid sportsman for the eighth straight year. Endorsements mean athletes are making even more money than just their salary. * Miami Heat NBA Star Lebron James is making an estimated $33 million annually through partnerships with Nike, Coca-Cola, McDonald’s, State Farm and Upper Deck. His empire expanded in April when he became a minority owner in soccer club Liverpool after a marketing agreement with Liverpool’s owner, Fenway Sports Group. This will mean he will make even more money, benefiting from the success of club. * No matter how you look at it, the guy getting paid multi million dollars to throw a ball around is making more per game than the average American household makes in an entire decade. * Chris Mueller of ESPN says , “It doesn 't really seem right that the thing my three-year-old nephew does for fun makes someone millions of dollars every year. Then again, life is not always fair”. * Many years ago, Athletes were not always paid more than CEOs. In the early stages of the American Football system, most players had to have a normal day job on top of playing, because there was no money to be made in pro football. English soccer, Lower leagues. Have to have a job. Doesn’t pay enough to live off. Some professional basketball leagues in Europe also don’t provide enough money to live off, athletes require a regular
Cited: Are Most Professional Athletes Overpaid?" – Juggle.com. Web. 12 May 2012 Badenhausen, Kurt. "The Top-Earning NBA Players." Forbes. Forbes Magazine, 25 Jan. 2012. Web. 12 May 201 Badenhousen, Kurt. "The Worlds Highest Paid Athletes." Forbes. Forbes Magazine, 6 June 2010. Web. 12 May 2012 Baghat, Mihir. "Are Professional Athletes Paid Too Much Money?" GridironGrit.com. 6 Dec. 2011. Web. 12 May 2012 Dan Rafael. "Floyd Mayweather Jr. Sets record." ESPN. ESPN Internet Ventures, 05 May 2012. Web. 12 May 2012 "Free Money Finance." Salaries of Average Professional Athletes (). Web. 12 May 2012 Toronto Sports Blog." Toronto Sports Blog. 5 Dec. 2010. Web. 12 May 2012