Professional athletes accepting pay cuts to stay with their team

It is no surprise that all professional athletes in professional leagues have the goal to win the championship after every season. Lately, within the past several years it has becoming a more common trend. As leagues become more versatile players are becoming more demanding. Athletes will do almost anything to get a championship ring. One of these decisions that have been made by these athletes are pay cuts. Pay cuts is simply what it sounds like, the act of taking less money to stay, join, encourage another player to leave or encourage them to stay on a particular team.

There are many professional athletes through the big four sports who have made the decision to accept a pay cut. Athletes all the way from Tom Brady, Udonis Haslem, Jerome Bettis and according to the article “athletes who took major pay cuts for their teams,” Dwayne Wade as the number one highest pay cut of $18 million. This decision was made by Wade to satisfy the needs of fellow teammates¬†Lebron James and Chris Bosh to join the Miami Heat and create the “Big Three” in hopes of winning many Championships for the Heat.

Now we must ask ourselves are pay cuts a good or bad thing? Taking less is a message that should resonate with every athlete in professional sports today. It should not be about the money within professional sport for these athletes. It should about your love for the sport and the loyalty you have to your team.

Money does not make you a better athlete within professional sport. It does not even matter, what matters is your performance and the chemistry you bring to your team to be the best asset you can be to them.

http://www.therichest.com/sports/athletes-who-took-major-pay-cuts-for-their-teams/

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3 Responses to Professional athletes accepting pay cuts to stay with their team

  1. I totally agree. However, there are many athletes still today that prefer to test out the waters of the free agency market first. A significant recent example of this is Daniel Alfredsson, former Ottawa Senator and current Detroit Red Wing. Alfredsson elected to potential ruin his legacy of 17 years with the senators to take a higher pay raise in what could be his final National Hockey League season to go play for the Red Wings. Another point that could have been brought up is that some professional athletes take pay cuts to go play for potential championship teams, rather than just a pay cut to stay on the same team. Overall, your salary and contract in professional sport is usually determined by past performance, rather then what teams anticipate the player will do in the future.

  2. ed10je says:

    Although the athletes are taking pay cuts, most are in a position financially that it the money they are conceding rarely makes a difference. Most athletes in this situation to where they are taking a pay cut have been playing for several years, hence the desire to win a championship. It bothers me how these athletes are made out to be making such a sacrifice for their team, when they are still cashing in an absurd amount of money relative to the average person, and usually still significantly above league average.

  3. ericfoster11 says:

    I agree it is good to see big named athletes taking a pay cuts. WIth the salaries of athletes continuing to grow, it is always nice to see players taking a cut in order to help the team out with signing other athletes and dealing with league rules like salary caps. Players develop relationships with their fellow teammates and coaching staff, and having that chemistry is going to bring you the championships, not just a team full of superstars. I definitely agree with you when you say it should be about the love of the game, but when put in the situation where almost every team in the league is going to offer you millions of dollars, it would definitely be hard not to get caught up in it and accept the highest offer.

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