Are the salaries received by professional sports athletes ou

Are the salaries received by professional sports athletes outrageously high? Should the CEO\'s of financial institutions receive more monetary compensations than entertainers, since their jobs contribute more to the development of the country? What are some of the factors driving the disparity in wages?

Solution

Some of the factors that are driving the disparity in wages:

1.Fewewr number of world class players

2. People watch them via tv, internet so sponsorships rises and thus more money.

3. Some sports involve high life risk like racing.