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Wage Gap in Sports
JF
by
Jessie Fuller
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Updated Mar 4, 2021
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Chapters
00:00
Chapter 1
00:24
Chapter 2
00:29
Chapter 3
00:35
Chapter 4
01:02
Chapter 5
01:29
Chapter 6
02:11
Chapter 7
02:16
Chapter 8
02:37
Chapter 9
02:38
Chapter 10
02:39
Chapter 11
02:41
Chapter 12
02:41
Chapter 13
03:07
Chapter 14
03:28
Chapter 15
04:41
Chapter 16
04:42
Chapter 17
04:43
Chapter 18
04:44
Chapter 19
04:45
Chapter 20
04:47
Chapter 21
Audio Transcript
Auto-generated
00:00 - 00:03
Hello. My name is Chad Thomas, and today I plan
00:03 - 00:06
on presenting to you guys the wage gap in sports.
00:06 - 00:09
Uh, specifically, I'm going to be presenting about the W
00:09 - 00:11
N b a n b a and the difference in
00:12 - 00:12
wages that they make.
00:13 - 00:15
This is a big topic that many have discussed.
00:16 - 00:18
I know this is a big topic among college campuses,
00:18 - 00:20
with many classes that I've had come up in many
00:20 - 00:21
classes of many debates.
00:21 - 00:23
So I thought this would be a good subject to
00:23 - 00:24
go over for wage gaps.
00:26 - 00:28
First, I served with the logos and my name, as
00:29 - 00:32
I've already introduced myself, so we'll jump right into it
00:32 - 00:35
with gender wage gaps for professional basketball being my first
00:35 - 00:36
subject here.
00:36 - 00:39
Uh, the way you get professional basketball players is significantly
00:40 - 00:43
higher, but that is because of the revenue generated by
00:43 - 00:43
their league.
00:44 - 00:48
This is an argument that many have fought and lost
00:48 - 00:50
this argument because people feel like women are not fairly
00:51 - 00:52
paid compared to the men.
00:52 - 00:55
But that is not as fair argument as you would
00:55 - 00:57
think. As you're going to see later in this video,
00:57 - 01:00
I'm going to discuss how they are making similar percentages
01:00 - 01:05
of actual revenue that is brought in NBA players in
01:06 - 01:06
their pay.
01:06 - 01:09
Here we have some numbers this from 2000 and eight
01:09 - 01:13
season. How NBA players have recently collected 50% of leagues
01:13 - 01:17
initial revenue with while they produced approximately 300 million per
01:17 - 01:20
season, and the players are receiving about 50% of that,
01:20 - 01:24
which is $7.7 million You're going to see in the
01:24 - 01:27
next slide how the W N B A is producing
01:27 - 01:28
less than that with revenue.
01:31 - 01:33
Here we have the W N B A numbers and
01:33 - 01:33
their pay.
01:34 - 01:38
WNBA's recently collecting 29% of lead that initial revenue.
01:39 - 01:41
Um, W N B A Players are producing approximately $5
01:42 - 01:45
million per season in revenue, and they're receiving 21% of
01:45 - 01:48
that revenue, which is lower than the NBA.
01:49 - 01:51
So this is where the argument gets, um, kind of
01:51 - 01:55
tricky. Yes, they're making less revenue coming in, but they're
01:55 - 01:58
not receiving the same percentage as the NBA players are
01:58 - 02:00
of the revenue they're actually bringing in.
02:00 - 02:02
So this could be the argument for the W N
02:02 - 02:03
B A.
02:03 - 02:05
Players do need to be paid more, but they are
02:05 - 02:08
not going to be on equal grounds as far as,
02:08 - 02:11
uh hey, which I'll discuss a little later on.
02:14 - 02:17
Next, we go to individual player pay indifference here.
02:18 - 02:21
So for 2018 season, the NBA brought in about 8.76
02:22 - 02:24
billion while the W M A brought in roughly 7.4
02:25 - 02:27
billion. This doesn't seem like too big of a number
02:27 - 02:28
of different.
02:28 - 02:31
Um, it is as this number ends in billion.
02:31 - 02:33
It took me a second round my head around as
02:33 - 02:34
I thought.
02:34 - 02:35
These numbers are actually a little closer than I thought,
02:36 - 02:37
going into researching this.
02:40 - 02:41
See here.
02:42 - 02:43
All right.
02:44 - 02:46
Stephen Curry is labeled as the top player in the
02:46 - 02:48
NBA. This is known by many people.
02:49 - 02:54
Um, he is making around $37.5 million a year again.
02:54 - 02:55
This was 2018.
02:56 - 02:58
I know there's been some big contracts signed here recently,
02:59 - 03:01
but we're for research versus I did this on 2018.
03:02 - 03:05
Uh, Steph Curry is making 37.5 million a year, and
03:05 - 03:08
you're going to see in this next slide Jurassic change,
03:09 - 03:11
as we have do wanna Bonner, who is making 215,000
03:12 - 03:15
year roughly, um and so here here begs the argument.
03:15 - 03:16
Why is that?
03:16 - 03:17
Is this from revenue?
03:17 - 03:18
If this is the highest paid w N b a
03:19 - 03:20
player, she should be making more than that.
03:20 - 03:20
If the revenues.
03:21 - 03:23
Yes, they're significantly lower for W N B A, but
03:23 - 03:25
they are still reasonably high.
03:25 - 03:29
This comes into percentage made off of revenue, which is
03:29 - 03:29
next slide.
03:29 - 03:33
I'll discuss a little further pay, equal equality over sports,
03:34 - 03:35
the management solution.
03:36 - 03:38
So I wrote, even though the individual dollar amount received
03:39 - 03:41
by the player will not be the same percentage out
03:41 - 03:43
of the initial revenue should be the same in both
03:43 - 03:47
leaks something I definitely agree with, um, something I am
03:47 - 03:48
a strong something.
03:48 - 03:50
I would take a strong stance on something.
03:50 - 03:51
I argue, um, when this.
03:52 - 03:54
Anytime this debate comes up, as I mentioned earlier, it
03:54 - 03:57
does come up quite a bit that, yes, they will
03:57 - 04:00
make more or less than the NBA players just off
04:00 - 04:00
of revenue.
04:01 - 04:03
But the percentage of what they make should equal out.
04:04 - 04:06
So here I put the NBA players will make a
04:06 - 04:09
smaller individual mount compared to NBA players, since they have
04:09 - 04:10
significantly smaller revenue.
04:10 - 04:13
But the NBA players and NBA players should be cut
04:13 - 04:16
the same percentage of each league's total revenue.
04:17 - 04:18
This is what I've been speaking about the whole video.
04:19 - 04:21
That was kind of my conclusion here that overall, I
04:21 - 04:23
think that those numbers do need to come together a
04:23 - 04:24
little bit.
04:24 - 04:27
As in the beginning there, I talked about how NBA
04:27 - 04:30
players are received about 50% of their revenue while W
04:30 - 04:31
N B A players received about 21%.
04:32 - 04:34
Uh, so just something that needs to get a little
04:35 - 04:38
closer. Um, in my opinion, to make it fair, while
04:38 - 04:40
they're never gonna be the same, it will make things
04:40 - 04:43
a little more fair, all right.
04:44 - 04:46
And we have our sources here, right?
04:48 - 04:51
And there's the sources and I appreciate you watching and
04:51 - 04:54
listening and let me know what you guys think in
04:54 - 04:57
the comments, if you have any, uh, thank you for
04:57 - 04:57
listening
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