Everything is worth what the market will bear. Are you willing to go back to 80s salary for doctors? No different than the hedge fund manager who makes money for their clients and is compensated commensurately, professional athletes are the same. As has been already mentioned, he makes money for both his employer and the league to a degree that makes compensation fair and just in the market.The key word there is commensurate, not insane. That's my whole point. If you go back to the 80's athletes roughly entertained the same number of people but their wages weren't an asinine multiple of other wage earners. These days they are and that's plain stupid and ultimately unsustainable.
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