Athletes and entertainers that make millions do so because people pay for it in large numbers. This is what capitalism wants and does.
I agree with your sentiment but I think you’re just critiquing capitalism. If I had my way these people would be taxed up the wazoo. No baseball player or Hollywood actor should ever be worth 10s of millions, let alone hundreds, or billions.
I think some of this is related to radio, tv and internet too. Before radio few people could follow a game live so the audience, or at least live emotional audience, is a lot smaller and that’s pretty aligned to profit. Or put another way, if every Messi or Taylor Swift fan gave 50c every year they’d be filthy rich but that was harder to acheive before radio with things being more local.
Yeah, so that’s probably about 5-10 million pounds annually today? So they’re earning 10 or so times that amount now but its still very much fuckoff money
This is just capitalism, isn’t it?
Athletes and entertainers that make millions do so because people pay for it in large numbers. This is what capitalism wants and does.
I agree with your sentiment but I think you’re just critiquing capitalism. If I had my way these people would be taxed up the wazoo. No baseball player or Hollywood actor should ever be worth 10s of millions, let alone hundreds, or billions.
I think some of this is related to radio, tv and internet too. Before radio few people could follow a game live so the audience, or at least live emotional audience, is a lot smaller and that’s pretty aligned to profit. Or put another way, if every Messi or Taylor Swift fan gave 50c every year they’d be filthy rich but that was harder to acheive before radio with things being more local.
A friend shared this a month or so ago and I haven’t been able to check how accurate it is but apparently its soccer player wages in 1999:
That was a lot of money at the time, but even adjusting for inflation it really doesn’t seem to be the fuckoff money they get now
Edit: I read these as annual but leaving this here to showcase my folly
I mean, that’s per week, and after tax… Seems like a shitload of money to me.
🤦♂️ I missed it was per week. I’ll go hide somewhere now
Yeah, so that’s probably about 5-10 million pounds annually today? So they’re earning 10 or so times that amount now but its still very much fuckoff money