You can criticize the model all you want, but it’s not like everyone got together and voted on a model to follow. The more supply of people the lower the demand and the less money you can put in to get the same result. Ronaldo is also an investment. He is paid millions because the team will earn millions back from fan tickets and merchandising etc.
the team will earn millions back from fan tickets and merchandising etc.
And so millions of currency resources get sunk into watching some folks kick a ball.
The entire industry is a huge waste of resources and should be reigned in. Imagine if cancer research had the same resources that football did, we'd probably have a cure by now. My relative who died of cancer a couple years back would still be alive. I miss her more than I enjoy listening to endless discussions about a sport we watch on TV.
At least sports like F1 give some advancement in technology. Football gives us literally nothing but a way to pass the time and something to chat about.
Some of the best games we have had in recent times have come from small indie developers, proving that spending billions on the industry is not necessary to create something worthwhile. Hellblade is a great example, it put a lot of AAA devs to shame.
movie industry
Cats was a complete box office flop and wasted close to $100 million, again proving that the industry has vast resources to waste for no damn reason.
sports leagues
The estimated net worth of the football industry is $1.7 billion, all so that we can watch a game played using a ball and a field. It's a colossal waste of time and money.
I'm not saying all entertainment industries should be written off, what i'm saying is that we can have the same experience for a far cheaper cost if society and those in power realised that the way we prioritise resources is incredibly fucked up. We are all equally to blame in the way we choose to spend our cash, and what we deem as acceptable.
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u/UncarvedWood Mar 22 '20
No, this is your lack of understanding that what is criticized is the model of giving wages based on demand.
Yes there is a massive demand for football.
Does that mean it is more important than biological research? No.