Well Paid Millionaire
Well Paid Millionaires
The National Basketball Association, commonly known as the NBA, is a multi-billion dollar industry that brought in a revenue of over 4.8 billion dollars in the 2014-15 season (forbes.com). With the LA Lakers finally reaching a worth of one billion dollars, according to forbes.com, and the NBA generating a revenue of over 4 billion many question whether or not too much money is poured in these teams; moreover, are the players overpaid. Night after night, fans flock to arenas around America to be entertained by their favorite player, and night after night player’s obliged their request. These players are more than deserving of their pay due to constant traveling, the amount of money the fans put into the industry, and the amount of time their careers last.
To begin with, for seven months, players are constantly traveling. The NBA …show more content…
The NBA would not be a multi-billion dollar industry void this entertainment because it lures the fans into the arenas. The amount of people who give their money to the thirty NBA teams is the basis of why the industry makes so much money. According to espn.go.com, the average cost of an NBA ticket is $53.98 (3.4 percent higher than last year); however, the increase in prices does not keep fans from this particular form of entertainment. Mesmerized by the occasional ally oops, dunks, assists, over-the-back passes, no look passes, three pointers, cross overs, game wining free throws, and pick and rolls, fans put in money and players entertain fans. This is a continuous chain that rely on each other in order to work. Additionally, not only are fans purchasing tickets, they are purchasing the jersey of their favorite player, which generates more revenue for the NBA. The more revenue that the NBA brings in, the more the players are able to get
The National Basketball Association, commonly known as the NBA, is a multi-billion dollar industry that brought in a revenue of over 4.8 billion dollars in the 2014-15 season (forbes.com). With the LA Lakers finally reaching a worth of one billion dollars, according to forbes.com, and the NBA generating a revenue of over 4 billion many question whether or not too much money is poured in these teams; moreover, are the players overpaid. Night after night, fans flock to arenas around America to be entertained by their favorite player, and night after night player’s obliged their request. These players are more than deserving of their pay due to constant traveling, the amount of money the fans put into the industry, and the amount of time their careers last.
To begin with, for seven months, players are constantly traveling. The NBA …show more content…
The NBA would not be a multi-billion dollar industry void this entertainment because it lures the fans into the arenas. The amount of people who give their money to the thirty NBA teams is the basis of why the industry makes so much money. According to espn.go.com, the average cost of an NBA ticket is $53.98 (3.4 percent higher than last year); however, the increase in prices does not keep fans from this particular form of entertainment. Mesmerized by the occasional ally oops, dunks, assists, over-the-back passes, no look passes, three pointers, cross overs, game wining free throws, and pick and rolls, fans put in money and players entertain fans. This is a continuous chain that rely on each other in order to work. Additionally, not only are fans purchasing tickets, they are purchasing the jersey of their favorite player, which generates more revenue for the NBA. The more revenue that the NBA brings in, the more the players are able to get