Rise of the Millionaire Athlete: salaries and free agency, 1960–present (part II)
This video looks at the rapid increase in pay for certain professional athletes after 1960. Nolan Ryan, George Best, Pele, Diego Maradona, and Cristiano Ronaldo are mentioned along with information about arbitration and free agency, the history of transfer fees in Association Football, why the marketplace changed, and information about today's top earners. It provides information about the vast majority of professional athletes who do not become rich.
#SportsEconomics #AthleteSalaries
#FreeAgency #PlayerPay
#NolanRyan #GeorgeBest
#Pele #DiegoMaradona #CristianoRonaldo
#BaseballHistory #FootballHistory
#SportsBusiness
Pay in Sport (Part I)
• The History of Athlete Pay: baseball, boxi...