An explanation behind the money that athletes make
1.30 a second, 78 Dollars per minute, 4,680 dollars an hour, 112,328 per day,41 million a year and 205 million over 5 years.This is Russell Westbrook All-Star and the The Most Valuable Player award winner in 2018. He is the Point Guard for the Oklahoma City Thunder in the National Basketball Association.Is Russell Westbrook Overpaid?
This is a very controversial topic. The average Wage in Ireland is €45,611 meanwhile the average yearly wage in the National Basketball Association is 6.4 Million dollars. This in an over 14 thousand percent increase. The average wage in the National Basketball Association is set to rise to 10 million by the 2020-2021 season. This is a ridiculous amount of money for any job.
The Oklahoma City Thunder is a professional basketball team in the National Basketball Association. In 2019 they will pay their 15 million 134 million collectively. The National Basketball Association has a cap on the amount of money that you can pay your player. In 2019 the salary cap in 101.9 million. Any amount over this gets taxed by the NBA at a high amount.This means that these teams are forced to pay their players less.
The Oklahoma City Thunder’s team value is now stated at 1,250 million. It was bought for 325 million in 2006. In the past 13 years the teams value has risen exponentially. In the past year the teams valu has gone up 22%.I believe this rise over the past years is due to Russell Westbrook who joined in 2009. He has been a star player since the team was bought. Russell Westbrook is a very marketable player and has been in the top 10 in jersey sales for the past few years.
I believe that the Oklahoma City Thunder need Russell Westbrook more than he needs them. Russell Westbrook has an extremely big role in a billion dollar business.
1.30 a second, 78 Dollars per minute, 4,680 dollars an hour, 112,328 per day,41 million a year and 205 million over 5 years. Is Russell Westbrook Overpaid? I don’t think so.