They can hire people without offering high wages. But they are not the only ones; we are in a culture of celebrity and all celebrities feel that they can charge whatever the market will bear once they create a niche for themselves. We know, particularly with sports team owners who are often hard-nosed million- or billionaires that no one gives up profit without a struggle. They are working in normal or short periods of time pr day, and get alot more in salary without being a productive part of society, their only real function is entertainment. Subscribe to continue. But are professional sports stars actually overpaid?
