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T Brady makes about 1,000 times as much as the average worker it isn't fair.
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"Some guys play in all-star games, some guys don't. I don't know who picks all those all-star teams. In all honesty, I don't know who picks the combine, for that matter," Belichick said. "How does (Miami-Ohio offensive lineman Brandon) Brooks not get invited to the combine? How did Vollmer not get invited to the combine? I don't know. We can't really worry about that. We just have to try to evaluate them the best we can."
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T Brady makes about 1,000 times as much as the average worker it isn't fair.
Brady will earn base salaries of $5.75 million in 2011; $5.75 million in 2012; $9.75 million in 2013; and $9.75 million in 2014.
Brady base salary 2010 : $3.5 million
Average NFL player 2010: $1.9 Million
Median NFL player 2010: $770,000
Brady makes 1.8X the average player (2010) and even if we take his 2014 salary and throw in his $15 million signing bonus for that year and compare it to median player income from 4 years earlier....we get....
32X the salary
But if you wanna keep comparing apples to diapers....go ahead.
"On average – each top CEO took home more than $10 million in 2010 with Viacom’s CEO Phillipe Dauman topping the list with a whopping $84 million paycheck. All the while – worker pay is down. Last year – the average American worker was earning about 750 bucks a week – a half-point increase from 2009."
Brady will earn base salaries of $5.75 million in 2011; $5.75 million in 2012; $9.75 million in 2013; and $9.75 million in 2014.
Brady base salary 2010 : $3.5 million
Average NFL player 2010: $1.9 Million
Median NFL player 2010: $770,000
Brady makes 1.8X the average player (2010) and even if we take his 2014 salary and throw in his $15 million signing bonus for that year and compare it to median player income from 4 years earlier....we get....
32X the salary
But if you wanna keep comparing apples to diapers....go ahead.
Much more that the maintenance crew people at Patriots place make or the counter workers in the store. Just not fair.
Football players are overpaid relative to the vendors at the stadiums.
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"Some guys play in all-star games, some guys don't. I don't know who picks all those all-star teams. In all honesty, I don't know who picks the combine, for that matter," Belichick said. "How does (Miami-Ohio offensive lineman Brandon) Brooks not get invited to the combine? How did Vollmer not get invited to the combine? I don't know. We can't really worry about that. We just have to try to evaluate them the best we can."
"On average – each top CEO took home more than $10 million in 2010 with Viacom’s CEO Phillipe Dauman topping the list with a whopping $84 million paycheck. All the while – worker pay is down. Last year – the average American worker was earning about 750 bucks a week – a half-point increase from 2009."
I'll agree CEO's are over paid...way over paid. But we can't legislate how much people make in this country, so what's your solution?
Like someone said, shareholders should be the ones to reign in the pay. The last thing we need is gov't regulated salaries...man, that would be...well, let's just agree it's unthinkable.
Brady will earn base salaries of $5.75 million in 2011; $5.75 million in 2012; $9.75 million in 2013; and $9.75 million in 2014.
Brady base salary 2010 : $3.5 million
Average NFL player 2010: $1.9 Million
Median NFL player 2010: $770,000
Brady makes 1.8X the average player (2010) and even if we take his 2014 salary and throw in his $15 million signing bonus for that year and compare it to median player income from 4 years earlier....we get....
32X the salary
But if you wanna keep comparing apples to diapers....go ahead.
So first you use cherry picked data that takes the highest paid CEO's, from the largest companies in the world, and compares them to the average worker from the BLS. Then you take Tom Brady's "base pay" and compare it to his fellow players, as opposed to the "workers" at Gillette, or even those same people your link used from the BLS. Um, at least be consistent HD.
Tom Brady makes $20 million per more or less. Paul Pierce makes $20 million per too. Carl "bleepin" Crawford makes $20 million per. Arod makes like $30 million per. None of these people run multi billion dollar, tens of thousand employee, multi national corporations. Why are CEO's eeeeeeevil for making that kind of money, but athletes immune? I say this as someone who thinks the CEO salaries at some of these firms are outrageous. Still, like PR mentioned, I don't think you can, nor should, legislate what people in private industry make. What I would do from a legislative stand point, is eliminate any tax breaks or bennies a lot of the corporations get.
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"The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him." Leo Tolstoy, 1897
See Brady is paid what the GM and owner think he is worth to the franchise.
CEO's are paid what the shareholders feel what they are worth.
If you aren't a shareholder it is really none of your business. If you are a share holder voice your opinion if you don't think the CEO is worth the $$$$ sell your stock and invest in a company that is run in a way you approve of.
Very simple.
Funny people complain about greed and envy then spend their time worrying about what other people make when it is none of their business.
Sounds a lot like Envy and greed. Mostly envy.
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"Some guys play in all-star games, some guys don't. I don't know who picks all those all-star teams. In all honesty, I don't know who picks the combine, for that matter," Belichick said. "How does (Miami-Ohio offensive lineman Brandon) Brooks not get invited to the combine? How did Vollmer not get invited to the combine? I don't know. We can't really worry about that. We just have to try to evaluate them the best we can."
See Brady is paid what the GM and owner think he is worth to the franchise.
CEO's are paid what the shareholders feel what they are worth.
CEOs aren't paid what shareholders think they're worth. CEO's are paid what boards think they're worth, and boards are a country club of like-minded people each scratching the others back. Otherwise, failed CEOs wouldn't get such handsome rewards or, in the worst case, golden parachutes. If Brady wasn't part of a powerful labor union, he'd earn a lot less. The players union of the NFL has been very effective over the years at raising the standard by which players are paid. That's one of the reasons why Brady, to his credit, is active in the labor union.
See Brady is paid what the GM and owner think he is worth to the franchise.
CEO's are paid what the shareholders feel what they are worth.
If you aren't a shareholder it is really none of your business. If you are a share holder voice your opinion if you don't think the CEO is worth the $$$$ sell your stock and invest in a company that is run in a way you approve of.
Very simple.....
It's really not quite so simple.
You're either naive or you're being disingenuous.
As patters pointed out, CEOs are paid what boards want to pay them, and shareholders really only have a say if they're large investors. Even then, it's difficult to effect change -- look at the fights the Icahns of the world get involved in, and he's incredibly wealthy and influential and taking relatively sizable minority positions.
Many, if not most, public corporations have various mechanisms in place to protect management, including CEOs and boards. Some states don't permit some of these mechanisms, but for the most part corporations don't practice ideal governance from a shareholder perspective.
As patters pointed out, CEOs are paid what boards want to pay them, and shareholders really only have a say if they're large investors. Even then, it's difficult to effect change -- look at the fights the Icahns of the world get involved in, and he's incredibly wealthy and influential and taking relatively sizable minority positions.
Many, if not most, public corporations have various mechanisms in place to protect management, including CEOs and boards. Some states don't permit some of these mechanisms, but for the most part corporations don't practice ideal governance from a shareholder perspective.
Like I say if you don't like the way the company is run (which of course includes the board) DON"T BUY THE STOCK. If you are evaluating the company as an investor (ie small owner) I would consider the board as part of that evaluation process if you don;t you are a fool.
In any event people who are complain about what the average CEO makes have no financial interest in the company so why should they have any say on executive or employee compensation?
Should the government determine what YOU are entitled to relative to YOUR employees?
I would say no.
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"Some guys play in all-star games, some guys don't. I don't know who picks all those all-star teams. In all honesty, I don't know who picks the combine, for that matter," Belichick said. "How does (Miami-Ohio offensive lineman Brandon) Brooks not get invited to the combine? How did Vollmer not get invited to the combine? I don't know. We can't really worry about that. We just have to try to evaluate them the best we can."