Should We Thank the Rich Athletes for Helping the Economy?
Monday, December 8th, 2008There have been television shows about, articles in magazines, newspapers and on the internet about, and talk show hosts in all versions of the electronic media questioning athletes about their lifestyle. Since nobody wants to be yesterday’s news, writers and reporters all try to discover a different angle, yet one that the fans will still be interested in, for their stories.
One slant that seems to be quite popular is the professional player’s house - and all that’s in it. How many bedrooms, bathrooms and how many car garage sure, but also what do they have that “the rest of us” don’t have at all, not just fewer of? This could range from expensive artwork (beauty’s in the eye of the beholder in this example), an entire wall that serves as an aquarium, theatres with a seating capacity of 50, bowling alleys, indoor basketball courts and some things that one wonders how in the world the idea ever even came up.
Some have speculated that several of these athletes grew up with nothing and are trying to either relive the childhood they missed or are sending a message to let everybody know how well they’re doing. Probably nothing wrong with either, they’ve earned all of it (or found a sucker who felt paying them was a good idea).
One bright side is the luxury car dealers are overjoyed, as are the people who make indoor theatres (when was the last time you wanted to invite 50 people over for a movie - what do you have access to premiers?), bowling alleys and basketball courts. Since this standard of living is new to them, they are prime suspects to victimized by unscrupulous scoundrels - another reason why the luxury car dealers and the people who build out of the ordinary stuff are overjoyed.
It’s difficult to criticize these guys for spending their money the way they do, but they have so much of it, one only hopes they’re getting good investment advice. The average person, usually (although who knows what’s in store for the future), has a working life in which, although an occasional bump in the road happens from time to time, the pay check rises each year (at least a cost of living raise) until they retire. The especially gifted athletes make gobs of money, but only over a short period of time. Then reality hits.
I remember hearing of an athlete say, while being interviewed, how much he appreciated what he did for a living and how much he got paid to do it; that he was well aware of people out there making only $60,000 or 70,000. I wonder how shocked he’d be if he was told the number of people - hell, the number of families - who are getting by on less - much less.
Since most of these guys are young when this fame and fortune is thrust upon them, it’s easy to understand why they lack perspective.  If they have advisors who look out for them, things will, in most instances, work out well. It’s when the “Oh c’mon, man, remember the oath we took that if one of us made it big, that guy would take care of everybody?” What you say at ten or eleven probably shouldn’t consititute any sort of legal commitment.
A good number of these players - and not only the highest of the high paid ones - have a charity they support or “foundation” in their name. As far as all the toys that are bought, I refer to what my late, sensational mentor, John Savage (who had millions and millions) said when asked why he didn’t join the local country club.
“It’s like scratching something that doesn’t itch.” Â