1. By: Colmar, Kevin, Woolfran & Travis

2.  Salaries have always been in pro sports  Now salaries are running the sporting world

3.  The highest paid athletes -Male- Floyd Mayweather- boxer $85 million -Female- Maria Sharapova- Tennis star $27.1 million  6 sports have salary caps  Men get paid more than women because: -Revenue- more fans and air time on the T.V equals more money and higher salaries  The US president gets a base salary of $400,000 the minimum salary out of all major league team sports is $390,000 which is the rookie salary for an NFL player.  In individual sports not many make good amounts of money so they get endorsements or another job  Many pro athletes donate money to charity(example Canucks).

5.  Usually don’t receive salary per season  Get paid through endorsements  An example is Tony Hawk  He has successful video games, clothing lines, and shoes  Net worth is estimated over 120 million dollars  Others are Shaun White & G.S.P

6.  Those are just well named athletes  Those further from the spotlight are making minuscule amounts  UFC for example  Bottom fighters make $6,000-$10,000 per fight With 2-5 fights a year pay as low as $12,000- $50,000

7. NBA  Salary cap is $58.1 million  Uses a “Soft Cap”  Average salary $5.356 million  Minimum salary (rookie) is $473,604, 5 years is almost $1 million and 10 years is around $1.4 million  They are paid on how long they’ve been in the league MLB  Doesn’t have a salary cap, they have a Luxury tax system  Minimum salary is $480,000 and the average in $3,4 million

8. NHL  Salary cap $64.3 million  Players get 54-57% of the leagues revenue  No player is allowed to receive more than 20% of the total salary cap for any given season  Performance Bonuses  $525,000 is the minimum salary  3 types- entry level, one year contract after recovery from injuries, and veteran one year contract  Existing contracts- for every year remaining on a players contract bonuses are reduced by 24%  NHL does Revenue Sharing allowing them to keep a smaller market teams competitive payroll  Better chance to sign a good player  Arbitration- if the team and player can’t come to an agreement they can go to salary arbitration

9. NFL  Salary cap $120.6 million  Has a “hard cap” – Can’t go over salary cap  Also has “hard floor” – minimum payroll a team must meet  Rookie salary is $390,000, 4-6 years of experience is $700,000 and at least 10 years is $925,000  Quarterbacks are usually the highest paid followed by the Defensive line, offensive line, wide receiver, running back, and then the punter and kicker

10.  Location/Popularity/Economy  Injury/Retirement  Name/Performance/Revenue

11. Europe V.s North America  MLS soccer players make an average salary of $90,000US  Salaries in Europe for top leagues such as the Premiership league is around $100,000US a month  The highest paid Player in the MLS is David Beckham, with $6,500,000US  The top 50 players in European leagues made $7,000,000US a season  In the South American soccer leagues, an average salary for a soccer player is $150,000US  With the top South American players making just over $2,300,000US  An average NHL salary is $2,400,000US  The average salary of a hockey player in the KHL earns $800,000US

12.  The average American retires between 65 and 75 years old  The average athlete retires at the age of 33  An athlete’s insurance is extremely high and most insurance agencies don’t even cover them  Athletes have a high chance of getting injured  Brain damage is major in most sports

13.  Most teams will pay the athlete just for their name if they are already famous for their performance  They believe that having a “star” on their team will increase ticket and merchandise sales  This is true a good example is David Beckham and the L.A. Galaxy  Performance bonuses are also widely used in the sporting world  As stated by Woolfran the NHL pays based on revenue so that plays an important role.

14.  Lots of athletes gamble because they have the money to and like the feeling examples are Michel Jordan and John Daly (Who lost $50 million over his career)  Female Athletes get paid less-they are paid less because they have less fans and air time on T.V

15.  Gambling- athletes are trying to get help from outside sources since it is looked down upon more than drinking in the sporting world  If you had a gambling problem you will not get into the hall of fame even if you become clean whereas if you recover from being an alcoholic you can still be in the hall of fame  Female athletes- Individual sports like tennis have started to pay women around the same amount as their male counterparts