It's hard to understand why some men are paid a £100,000 a week to throw or kick a ball but where are all these athletes coming from and why are they getting paid before the whistle is blown.
The NBA (National Basketball Association) and the EPL (English Premier League) are recognized internationally with the highest franchises in the world. Manchester United and the New York Knicks earn millions every year from ticket sales, merchandise, global acclaim and winning tournaments.
Manchester United who are rated second in the world's richest football clubs are valued at around £257,000,000 are owned by the American Malcolm Glazer who bought the club in 2005. Malcolm Glazer and family who help run the club are valued at around £1.5,000,000,000.
The New York Knicks who are valued at around $613,000,000 are owned by cable vision systems who bought the team for around $300,000,000 in 1997. The question that people want to know is where does this money come from and could some of it be used for better purposes.
In 1984 the NBA started salary capping all players with a modest $3.6 million, it was announced this July that the cap set for this season was $57.7 million which allows players Boston's like Kevin Garnett (highest earning player 2008-2009) to earn $24 million a year.
The English Premiership enforces a similar rule which is called a wage bill which means team's allow a certain amount of money for players wages. For example if a teams wage bill is set to £1,000,000 this means the team cannot give the player 1,000,000 a week. The highest paid player in the English Premier League is Manchester City's Robinho who earns £160,000 a week.
In their defense, a lot of money the money made is spent on free sports camps for kids and setting up soccer schools for younger players. Manchester United are currently involved in many charities globally and nationally such as UNICEF, The Cystic Fibrosis Trust and Rainbow House.
Bottom line, sport is a business if you want in then you have to learn to play quickly then maybe you might be earning the top money.
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