No, you have it backwards. If the total pot for athletes is considerably smaller than the total pot for medical professionals, than redistributing it amongst medical professionals would not significantly increase their individual incomes because there are so many of them that each would only get a small share of it.
There are about 500 NBA roster spots. Total basketball related income across the league is $10.25 billion, and the CBA requires that player income make up half of that. So there’s $5.13 billion to split between 500 players, an average/mean of $10.25 million per full time player (some players get called up or put on reserve when injuries or something like that happen).
There are about 3.8 million public school teachers in K-12. If you took literally every dollar paid to NBA players and gave it to public school teachers, that’d be about $1350 per teacher.
There are other sports, of course, but we’re also talking about nurses and doctors and EMTs and public librarians and other important underpaid jobs. Taking all money from sports isn’t going to make much of a dent in those other jobs’ pay.
bitcrafter@programming.dev 18 hours ago
No, you have it backwards. If the total pot for athletes is considerably smaller than the total pot for medical professionals, than redistributing it amongst medical professionals would not significantly increase their individual incomes because there are so many of them that each would only get a small share of it.
Randomgal@lemmy.ca 12 hours ago
Have you done the math? Because I think you’re underestimating how much pro stars make.
booly@sh.itjust.works 10 hours ago
There are about 500 NBA roster spots. Total basketball related income across the league is $10.25 billion, and the CBA requires that player income make up half of that. So there’s $5.13 billion to split between 500 players, an average/mean of $10.25 million per full time player (some players get called up or put on reserve when injuries or something like that happen).
There are about 3.8 million public school teachers in K-12. If you took literally every dollar paid to NBA players and gave it to public school teachers, that’d be about $1350 per teacher.
There are other sports, of course, but we’re also talking about nurses and doctors and EMTs and public librarians and other important underpaid jobs. Taking all money from sports isn’t going to make much of a dent in those other jobs’ pay.
Randomgal@lemmy.ca 5 hours ago
Source: Trust me bro