The wage gap needs to be fixed

genuineoriginal

genuineoriginal

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There is a wage gap problem in the United States

How Much Money Does an NFL Player Make a Year?

The NFL has a total of 32 professional teams. As of 2018, each team plays 16 football games in a regular season over a 17-week period. In addition, each team will play four preseason games. Preseason training typically begins for all players – rookies and veterans – in mid-July.

The median salary for all NFL players is $860,000.

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Average Salary Information for US Workers

According to the Bureau of Labor Statistics (BLS), the median wage for workers in the United States in the first quarter of 2019 was $905 per week or $47,060 per year for a 40-hour workweek.

​

Workers in the U.S. who work full time, year round are paid less than 6 cents for every dollar paid to NFL players. It’s long past time to close the gap.
 
G

Gary K

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genuineoriginal said:
There is a wage gap problem in the United States

How Much Money Does an NFL Player Make a Year?

The NFL has a total of 32 professional teams. As of 2018, each team plays 16 football games in a regular season over a 17-week period. In addition, each team will play four preseason games. Preseason training typically begins for all players – rookies and veterans – in mid-July.

The median salary for all NFL players is $860,000.

​

Average Salary Information for US Workers

According to the Bureau of Labor Statistics (BLS), the median wage for workers in the United States in the first quarter of 2019 was $905 per week or $47,060 per year for a 40-hour workweek.

​

Workers in the U.S. who work full time, year round are paid less than 6 cents for every dollar paid to NFL players. It’s long past time to close the gap.
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I see you divorce production from compensation. That's a bad flaw when attempting to fix economic issues.

The NFL had $13.68 billion in revenue in 2017. If there were no NFL players the NFL would not, could not, exist. Therefore the players are responsible for every dollar of revenue the NFL gets. Since there are only 1696 players total in the NFL that means each player was responsible for more than $8 million dollars of revenue. That's $8,066,037 each to be exact. That's why they get paid the big bucks.

How much revenue do you think the average man on the street produces every year through his production? There are a lot of small businesses that employ several people that do not come close to equaling that type of revenue. It's been like this since pro sports were first introduced. Pro athletes have always been paid more because of the revenue they produce and because elite athletes are a very rare commodity. They make up something like .00005% of the population. That's the same rarity we find in intelligence as it's a close approximation of the percentage of people with IQs 180 and above, and the athletes generate many billions of dollars worth of revenue in their respective sports.

The reason pro athletes can make the money they do is because society, for good or for ill, has placed that valuation upon their skills as it is we the people who spend the money to support them. We pay their wages by the way we support professional sports.

Should the average Joe with an IQ of 100 get paid the same as someone with an IQ of 180 who can do things the average guy can't even begin to comprehend? Are you going to insist on equality of wage between them too?
 
JudgeRightly

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genuineoriginal said:
There is a wage gap problem in the United States

How Much Money Does an NFL Player Make a Year?

The NFL has a total of 32 professional teams. As of 2018, each team plays 16 football games in a regular season over a 17-week period. In addition, each team will play four preseason games. Preseason training typically begins for all players – rookies and veterans – in mid-July.

The median salary for all NFL players is $860,000.

​

Average Salary Information for US Workers

According to the Bureau of Labor Statistics (BLS), the median wage for workers in the United States in the first quarter of 2019 was $905 per week or $47,060 per year for a 40-hour workweek.

​

Workers in the U.S. who work full time, year round are paid less than 6 cents for every dollar paid to NFL players. It’s long past time to close the gap.
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And where should all that money come from?
 
genuineoriginal

genuineoriginal

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ffreeloader said:
I see you divorce production from compensation. That's a bad flaw when attempting to fix economic issues.

The NFL had $13.68 billion in revenue in 2017. If there were no NFL players the NFL would not, could not, exist. Therefore the players are responsible for every dollar of revenue the NFL gets. Since there are only 1696 players total in the NFL that means each player was responsible for more than $8 million dollars of revenue. That's $8,066,037 each to be exact. That's why they get paid the big bucks.

How much revenue do you think the average man on the street produces every year through his production? There are a lot of small businesses that employ several people that do not come close to equaling that type of revenue. It's been like this since pro sports were first introduced. Pro athletes have always been paid more because of the revenue they produce and because elite athletes are a very rare commodity. They make up something like .00005% of the population. That's the same rarity we find in intelligence as it's a close approximation of the percentage of people with IQs 180 and above, and the athletes generate many billions of dollars worth of revenue in their respective sports.

The reason pro athletes can make the money they do is because society, for good or for ill, has placed that valuation upon their skills as it is we the people who spend the money to support them. We pay their wages by the way we support professional sports.
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Are you saying we can't just compare the average wages earned by two groups to determine if there is a wage gap?

ffreeloader said:
Should the average Joe with an IQ of 100 get paid the same as someone with an IQ of 180 who can do things the average guy can't even begin to comprehend? Are you going to insist on equality of wage between them too?
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Do you think the wage gap is fair?
 
Right Divider

Right Divider

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ffreeloader said:
I see you divorce production from compensation. That's a bad flaw when attempting to fix economic issues.

The NFL had $13.68 billion in revenue in 2017. If there were no NFL players the NFL would not, could not, exist. Therefore the players are responsible for every dollar of revenue the NFL gets. Since there are only 1696 players total in the NFL that means each player was responsible for more than $8 million dollars of revenue. That's $8,066,037 each to be exact. That's why they get paid the big bucks.
Click to expand...
That grossly oversimplifies the business model of NFL football.

It takes a LOT more to produce the "NFL product" than just players. It takes some of these too:
  • Ticket sellers
  • Ticket takers
  • Equipment procurement
  • Equipment management
  • Trainers
  • Referees
  • Facilities
  • Facility management
  • etc. etc. etc.
It reminds me a little of the old "What it takes to make a pencil".
 
G

Gary K

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Right Divider said:
That grossly oversimplifies the business model of NFL football.

It takes a LOT more to produce the "NFL product" than just players. It takes some of these too:
  • Ticket sellers
  • Ticket takers
  • Equipment procurement
  • Equipment management
  • Trainers
  • Referees
  • Facilities
  • Facility management
  • etc. etc. etc.
It reminds me a little of the old "What it takes to make a pencil".
Click to expand...

With no players how many of those jobs would exist?
 
genuineoriginal

genuineoriginal

New member
ok doser said:
I believe go is speaking tongue in cheek
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There is a segment of our society that believes that you can identify a "wage gap" by comparing the average annual earnings of two groups based on an arbitrary dividing line to prove that the "wage gap" makes them a victim of discrimination.
Spoiler

The Gender Pay Gap – Myth vs. Fact
By comparing differences in annual earnings between men and women, we find that there is about a 23 cent difference per dollar according to the Census Bureau. Women of color, in fact, suffer from an even larger wage gap. If you look at weekly earnings for women, that figure is a little smaller, around an 18 cent difference.

​

However, comparing average annual earnings between any two demographic groups is just as meaningless as comparing the average annual earnings of NFL players and American workers.
 
JudgeRightly

JudgeRightly

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genuineoriginal said:
It is a problem because players are being payed more than workers.
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So what?

That means that workers are being discriminated against by players.
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A scenario for you:

A man owns a business, and decides to look for people to hire. He hires a person at the beginning of the day, and promises him a full day's wages if he works for the man. So the person agrees and goes to work. The man finds a second person around noon, and tells him he'll hire him for a full day's wages if the second person works for the man for the rest of the day. The second person agrees, and goes to work. The man then finds a third man in the evening, and tells him he'll pay the third person a full day's wages if he works for the man for the rest of the day. So he agrees and goes to work.

At the end of the day, they all come to the business owner, where he pays the third first, the second second, and the first last. They each received a day's wages, but the first and second persons hired saw that the third only worked a fraction of the time they spent, and complained to the business owner that they worked harder, and so deserve more than what they earned.

The business owner replied to them and reminded them that they had agreed beforehand that the man would pay them a day's wages for their work.

GO, was their eye evil because the man was good? Is it not lawful for a man to do what he wants with his own money/things?

In the same way, why is it wrong for someone who is talented physically to earn more money for being able to perform physical activities than someone who is not, even though they may work together?
 
G

Gary K

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Banned
JudgeRightly said:
So what?



A scenario for you:

A man owns a business, and decides to look for people to hire. He hires a person at the beginning of the day, and promises him a full day's wages if he works for the man. So the person agrees and goes to work. The man finds a second person around noon, and tells him he'll hire him for a full day's wages if the second person works for the man for the rest of the day. The second person agrees, and goes to work. The man then finds a third man in the evening, and tells him he'll pay the third person a full day's wages if he works for the man for the rest of the day. So he agrees and goes to work.

At the end of the day, they all come to the business owner, where he pays the third first, the second second, and the first last. They each received a day's wages, but the first and second persons hired saw that the third only worked a fraction of the time they spent, and complained to the business owner that they worked harder, and so deserve more than what they earned.

The business owner replied to them and reminded them that they had agreed beforehand that the man would pay them a day's wages for their work.

GO, was their eye evil because the man was good? Is it not lawful for a man to do what he wants with his own money/things?

In the same way, why is it wrong for someone who is talented physically to earn more money for being able to perform physical activities than someone who is not, even though they may work together?
Click to expand...

You still haven't caught on yet that GO was being sarcastic/tongue-in-cheek with this entire thread. He confirmed it by liking my post where I asked you how many of the jobs you listed would exist without the players. He confirmed it yet again in his reply to ok doser's post on this being a tongue-in-cheek thread. He's mocking socialists, not criticizing free markets.
 
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