Posts Tagged ‘Manning’

Let’s Go Broncos! (So not a fan)

Friday, November 22nd, 2013


Just to throw some numbers out there: $10,400; $89,259,848; and $58,000,000. The first number is the average amount of scholarship money rewarded to college athletes, and athletic scholarships are not always guaranteed. That type of thinking starts young, parents are always thinking: “My kid is good, he/she could get a full ride scholarship to play in that sport”. It does not always pan out in the end.  In one of the article it states,

The average scholarship is about $10,400. Only four sports offer full rides to all athletes who receive scholarships: football, men’s and women’s basketball, and women’s volleyball (Lynn O’Shaughnessy, 2010).

But for those who did make the team, Broncos team that is, when added up their salaries total to: $89,259,848. That means for the state of Colorado tax payers are willing to pay a small amount that adds up so Colorado Natives can be able to watch Manning, Eric Decker and other Bronco athletes they favor. It is not bad, we are a sport nation, we NEED our sports and we are willing to pay for it.

Peyton Manning

The last number is Peyton Manning’s “guaranteed” salary. Before it is a number to get excited about, it is broken down into sections. The website Sportrac indicates that Manning’s contract is for 5 years which adds to a total of $96,000,000. Then they break it down to his average salary roughly around $15,000,000 to $19,200,000 per year. The guaranteed amount of $58,000,000 is left from the $96,000,000 after calculations, roughly around $38,000,000 returns back through nation tax and the amount Manning decided to give back through scholarships, and charity events he sponsors.

With that stated, paying professional athletes does not always result in a bad outcome. Win or lose, the Denver Broncos football team will find a way to pay their athletes, and their athletes will most likely contribute back to those who help pay their salary.