For the past several decades, famous sports celebrities have enjoyed being paid much more than people in other fields such as scientific research,etc., which have been the focus of debate for a long time. Some have the idea that it is not fair to pay so much to the sports superstars, whereas others argue that those successful sportsmen deserve what they have been paid. I prefer to agree with the later point of view.
According to economics theories, it is not difficult to understand that price is determined by both the supply and the demand of goods or services. Hence, the payments which sports professionals get are the result of market power. In addition, as we all know, in order to achieve excellent performance as a sportsman, one has to work extremely hard and confront to lots of risks, such as injuries and wounds, or even deaths sometimes. For instance, Michael Jordan, who was a famous basketball star, had spent thousands of hours’ hard-working to perfect his skills, and had hurt his arms so many times, which made him suffer more than workers from other fields.
Alternatively, those who state that it is not justified to offer so much to excellent sportsmen based their points of views on the fact that these celebrities’ contributions to society are not match their income. Further more, Compared to scientists or doctors who bring a lot tangible well-beings to human kind, famous sportsmen merely advertise goods or services to consumers then benefit from the increased sales thus make a lot of money. But, such goods or services are not always what most consumers really need. So in this term, sports superstars merely benefit themselves instead of being beneficial to consumers at the same time.
In conclusion, the phenomenon that the successful sport players are being paid great more amount of money than experts from other industries is plausible, even though the sports guys sometimes are beneficial from selling something that we don’t need indeed, because the increased sales will create more jobs hence improve our over-all welfare.