What is the rational explanation of sports people getting paid astronomical salaries compared to other professionals?
They are entertainers. Like street comedians, every passerby contributes something. It’s just that they have a larger audience.
It’s nuts , I guess it’s the endorsements but still it doesn’t make sense esp knowing afew years back most had a second job ! Sports men /women in this era are extremely lucky just wish they all could have a compulsory lessons on investing , nothing bad as seeing a has been!
They basically earn a percentage of what they are making for their respective teams and sponsors… if I am making you billions it only fair you give a decent percentage… mtu kama Ronald ako na almost 300m instagram followers worldwide. He make $1m for single instagram post.