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Salary Caps in Professional Sports

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Salary Caps in Professional Sports - Page Text Content

S: Daniel Contreras

FC: Salary Caps in Professional Sports

1: When watching your favorite sport, do you ever think about how much they get paid? Not really. The use of salary caps is for limiting the amount of money a player gets paid. There were salary caps in the NFL, MLB, and Hockey. Salary caps and payroll taxes may seem beneficial to owners, but are their effects more symbolic and cosmetic than fundamental? The government should not abolish salary caps because athletes of every sport should not make too much money and so money can go to people and things that are more important.

2: Basketball was the first sport to cap salaries, in the 1984-1985 seasons. On March 31, 1983, they had established the first salary cap in professional sports. In the NBA, the 1984-1985 season, the average salary was $346,000, but they only got $3,600. A hard salary cap makes sure that a professional sports team cannot spend more than the salary caps. . Basketball and Football have salary caps while Baseball has payroll tax, which penalizes the teams to spend a certain amount of money on their salaries. . In 1988 the NBPA wanted to get rid of the salary caps but couldn't. (Neiger)

3: Salary caps been around since the Great Depression! Salary caps influence how teams acqiure and keep athletes. All sports should have equally power of buying players to build a strong franchise. Some of the owners want the salary caps while the players don't want salary caps and refuse to play! (Neiger)

4: Should they introduce salary caps for Soccer? Salary caps prevents wealthy teams from signing a multitude of high-paid star player to ensure they win superior economic power. They want Europe's richest clubs to stop buying the top talent players. ("Should Salary").

5: Soccer players salaries vary depending on the league, the position they play and wheather the team is semi-professional or professional. In Europe, the top 50 players made more than 4.5 million pounds or nearly 7 million dollars a season. Semi-pros earn $20,000 to $100,000 in the US. In Europe, semi-pros earn $80,000 to $300,000. ("Average salary")

6: I think salary caps shouldn't be abolish so athletes wont get paid to much. The rest of the money goes for taxes or other purposes.

7: 1. "Average salary for Soccer Players" eHowhealth 1999-2011 Demand Media Inc. May 18, 2001 2. Neiger, Chris September 28, 2010 May 12, 2011 3. "Should Salary caps be introduced in Soccer?" World Cup Blog. November 13, 2008. Web May 18, 2011 4. Neiger, Chris September 28, 2010 May 12, 2011

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Daniel Contreras
  • By: Daniel C.
  • Joined: over 8 years ago
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  • Title: Salary Caps in Professional Sports
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  • Published: over 8 years ago