Comments on: Is Kobe Bryant Worth 23 Million Dollars? http://www.newuniversity.org/2009/11/opinion/is-kobe-bryant-worth-23-million-dollars/ Thu, 24 May 2012 03:30:49 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Chanta http://www.newuniversity.org/2009/11/opinion/is-kobe-bryant-worth-23-million-dollars/comment-page-1/#comment-1138 Chanta Wed, 18 Nov 2009 15:20:38 +0000 http://www.newuniversity.org/?p=9979#comment-1138 The author doesn't understand economics. Actually, Kobe is worth more than 23 million dollars. That's why the NBA has a salary cap. Back in the day when there was a different salary cap, Jordan got 30 million dollars a year. That's well worth 50 million today. In terms of the money that these players generate, they are underpaid. Think about it: television deals, jersey sales, ball-game tickets, youtube revenues, storylines for the media, advertisements, millions of guys in China buying basketballs and jerseys and inspired to play (aka become customers of the basketball industry)...it's a booming industry that is helping support our economy. Remember the championship parade? That's spending in a day that helped our economy. It even gave private business owners a chance to give back to the community when they helped the city of Los Angeles pay for the parade. Look at the smiles on the faces of the Lakers owner. There is not a team in the league that would hesitate to pay 23 million a year for Kobe. That's chump change in terms of the benefits. Any person with an economics sense would see that. Take an econ 101 class before you write this trash! The author doesn’t understand economics. Actually, Kobe is worth more than 23 million dollars. That’s why the NBA has a salary cap. Back in the day when there was a different salary cap, Jordan got 30 million dollars a year. That’s well worth 50 million today. In terms of the money that these players generate, they are underpaid. Think about it: television deals, jersey sales, ball-game tickets, youtube revenues, storylines for the media, advertisements, millions of guys in China buying basketballs and jerseys and inspired to play (aka become customers of the basketball industry)…it’s a booming industry that is helping support our economy. Remember the championship parade? That’s spending in a day that helped our economy. It even gave private business owners a chance to give back to the community when they helped the city of Los Angeles pay for the parade. Look at the smiles on the faces of the Lakers owner. There is not a team in the league that would hesitate to pay 23 million a year for Kobe. That’s chump change in terms of the benefits. Any person with an economics sense would see that.

Take an econ 101 class before you write this trash!

]]> By: tony http://www.newuniversity.org/2009/11/opinion/is-kobe-bryant-worth-23-million-dollars/comment-page-1/#comment-790 tony Wed, 04 Nov 2009 17:08:11 +0000 http://www.newuniversity.org/?p=9979#comment-790 kobe worth much more and the game is not only 2 hr of shooting but very hard traning every days kobe worth much more and the game is not only 2 hr of shooting but very hard traning every days

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