What do you find more outrageous:the salaries of top football players?

Question

or hollywood stars? who deserves to earn more money?

Answer 1

I would say footballers deserve to earn more because of the amount of physical exersion they put thier bodies under. I know a few footballers, some retired, so many of the retired ones have long term damage that effects them. Another point - Footballers' careers are relatively short compared to that of an actor, so perhaps the footballer should get more while he can

Answer 2

I have no economic reason to feel that the hollywood stars or the football players get outrageous salaries/ earnings. Not all football players or hollywood stars earn the same money within their industry: there is lot of variation. The stars get paid for the past performance and more importantly their short-term performance potential. It is because the moviegoers or the football spectators are willing to pay and the advertisers are willing to pay to get publicity of their products if the stars play in a movie or in a competitive football match, it is the potential revenue of movies and matches that the moviegoers, spectators and advertisers are willing to help generate that influences the expected marginal revenue productivity of different stars or combination of stars in the film or on the field. They get what they reall are expected to earn on that basis. Since potential revenue productivity is the basic criterion, whether an individual movie star will get more or less than individual football star, there is hardly any reason to fell outrageous or debate who will get higher or less. The company CEOs get different salaries depending on their experience, performance and the industry's profitability and growth trends and prospects. The same principle apply in the case of stars of different ares whether hollywood or soccer or football or tennis.