On the soccer pay controversy. by honeybee

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· @honeybee ·
$19.94
On the soccer pay controversy.
[![](https://cdn.steemitimages.com/DQmeEH29XfLJ5QLRow1n4WeST1zHnEcCbe2cBhwSsAvW4Hg/image.png)](https://humanevents.com/2019/07/08/there-should-be-equal-pay-for-the-world-cup-that-means-paying-men-more/)


1. Many people are implicitly assuming a labor theory of value when the say the men's and women's teams should be paid equally. That is a false theory, so there's no reason we should assume they should be paid equally.

2. But to say they should not necessarily be paid equally says nothing about who should be paid more.

3. In perfect markets, everyone's paid according to their marginal product. There's a reason LeBron James makes more than most other pro basketball players, even though they're "doing the same job" he is.

4. I have no idea how to figure out the marginal value of soccer players in the extremely imperfect market of national sports teams, and neither do you.

5. As a rough proxy we can compare the value of men's and women's teams, hence how much value the team (as opposed to any individual player) produces by looking at their revenues.

6. The men's World Cup brings in more revenue than the women's World Cup, so to whatever extent FIFA is paying players for World Cup appearances, it's reasonable that the men get paid more.

7. The women's U.S. national team reportedly brings in more revenue to the U.S. Soccer Federation than the men's national team, so to whatever extent the U.S. Soccer Federation is paying them, it's reasonable that the women should get paid more.

8. So men reasonably should earn more when they make the World Cup, but when they fail to make it, as they have this time around, the women should earn more.
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@tts ·
$0.53
To listen to the audio version of this article click on the play image.
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@spectrumecons ·
$0.13
There a lot of factors that go into determining a player's wage. Most of the time it relates to perception rather than fact. Team might sign a megastar player so as to win more games or even a championship. This has value in itself. There is the improved development of other players in the team that learn from the megastar. Then there is the revenue from merchandise for the player and the increased ticket sales from having a more successful team. 

All of the above are difficult to measure at the time of contract signing. The megastar may not work with the new teammates and coaches. The megastar could be taking playing time away from younger players. People buying the megastar's merchandise may have bought another team player's merchandise instead. The megastar could get injured in the first game of the season. 

The players association, potential offers from other teams, and the number and quality of players available at the time of contract signing also plays a role in the salary of a player.
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