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Bonus #82 - "Olympians Don't Earn Enough!" Says Twitter (Extra Dose)

🕑 Added 2021-08-10 16:00:07 +0000 UTC
Bonus #82 - "Olympians Don't Earn Enough!" Says Twitter (Extra Dose)

Comments

Adam Buckley

Well that's good news. I would love to do a podcast (maybe this already exists) where I interview winners of gameshows and ask them how much they actually got to keep (since that's all taxed in the US and they take a pretty sizable chunk apparently, so sometimes they just have to decline... even on prizes, like "oh this car is worth $30,000, so you have to pay the taxes on that $30,000 car... OR you can just decline the prize and not get anything")

MiezuteCosplay

As an American who moved to Canada, you'd be surprised how cocky Americans are about how rich of a country we are.

Robert Miller

At least the amateur ones don't get taxed on the winnings. It was passed after Rio in 2016. https://www.congress.gov/bill/114th-congress/house-bill/5946/text

Adam Buckley

The discourse around this topic generally seems to be "They're athletes, they play a game, why do they deserve anything?" The difference of course is in amateur vs professional sports, it's right there in the name... "amateur" is generally done for nothing, as you get good enough to go "professional" (do something for money). However, many of these sports don't truly have "professional" tours or leagues... many of them do in a way, but then it comes down to my old video that I reference here, the "Athletes get paid too much (or do they?)" video where I discuss the idea that the athletes should make money based on what the owners are making. The Olympics however... 11,000 athletes compete for sometimes like 5 minutes on TV. Not sure what that would or should REALLY be worth. But if millions of people tuned in to watch Archery or Air Pistol competitions every week? Then yes, I'd feel they should make a lot of money doing that, since someone's making a lot of money off them.

Logan Young

What's wrong with wanting a happy medium with the pay? It doesn't need to be a billion dollars, but it also shouldn't be barely anything.

Ash Archer

As Buckley once said “you’re worth what someone is willing to pay”

Pim

I think the people complaining about athletes making too much money are generally talking about different athletes. Being paid twenty thousand to spend four years becoming the best at fancyjumps: too little. Being paid millions to play football (either kind): too much. Of course the answer is very simply the fact that more people watch one thing than the other, but I get where the complaint comes from.

Josh McGrath

I also love the arm-chair coaches who would criticize the technique of the athletes who WON GOLD (Vitalina Batsarashkina). Showing everyone how they had absolutely no concept of the Olympic shooting discipline.


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