BEGIN:VCALENDAR VERSION:2.0 PRODID:-//InvisionCommunity Events 5.0.18//EN METHOD:PUBLISH CALSCALE:GREGORIAN REFRESH-INTERVAL:PT15M X-PUBLISHED-TTL:PT15M X-WR-CALNAME:RMCommunityCalendar NAME:RMCommunityCalendar BEGIN:VTIMEZONE TZID:Europe/London TZURL:https://tzurl.org/zoneinfo/Europe/London X-LIC-LOCATION:Europe/London BEGIN:DAYLIGHT TZOFFSETFROM:+0000 TZOFFSETTO:+0100 TZNAME:BST DTSTART:20260329T020000Z RRULE:FREQ=YEARLY;BYMONTH=3;BYDAY=-1SU END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:+0100 TZOFFSETTO:+0000 TZNAME:GMT DTSTART:20261025T020000Z RRULE:FREQ=YEARLY;BYMONTH=10;BYDAY=-1SU END:STANDARD END:VTIMEZONE BEGIN:VEVENT SUMMARY:Economic Corner 30 01/20/2026 DTSTAMP:20260111T003828Z SEQUENCE:0 UID:628-7-c3fe8195a3dde498d013e477e2142422@aalbc.com ORGANIZER;CN="richardmurray":noreply@aalbc.com DESCRIPTION:\n A dialog of sport to finance. The thing I didn't mention is that sport is one of the last needed human jobs. A machine can't perfor m sport when humans want to see a human perform sport.  SPort is one of t he last industries in humanity. \n\n\n\n  \n\n\n\n I started with the fo llowing\n\n\n\n football fans https://www.tumblr.com/rmfantasysetpieces1/8 05374613002633216/salary-101\n\n\n\n a summary of the post linked above\n\ n\n\n Mbappe is paid 1.49 million a week\, never won the uefacl\, but won the world cup once with france\, never won the balon dor or fifa best Demb ele wants 1 million a week\, never won the world cup won\, the uefacl once with psg\, the balon dor + fifa best Viniciusjr is paid 520\,000 a week\, has never won the world cup\, won the uefacl twice with real madrid and w on fifa best\, never won the balon dor Based on Dembele + Mbappe Viniciusj r has to demand a million a week...\n\n\n\n  \n\n\n\n A reply was made\n\ n\n\n That's been true of lots of \"great\" players in various sports. One great player does not a winning team make.\n\n I mean look at Gretzky\, h e was with the Oilers\, went on a couple year run\, got traded and never d id it again. He is a dick if you meet him unless it's kids and hockey\, he ard more than one story that back it up However he was that good of a play er. Tom Brady was the same way\, great with the Patriots\, sucked once he left them.\n\n Odd how little I watch sports but it gets shoved in my face so much I get the knowledge by osmosis\n\n\n\n  \n\n\n\n My reply\n\n\n\ n hahaha Brady did win with the tampa bay bucaneers:)\n\n\n\n to team work your 100% correct\, but the fiscal activity of sport is not equal to the athletic mechanics of sport\n\n\n\n  \n\n\n\n Their reply\n\n\n\n I think that was more or less luck. Sometimes called a Puncher's Chance. They suc ked the year after and it was also the Pandemic Season as well if I rememb er it. I do agree salaries don't match output. They are all way to high\n\ n\n\n  \n\n\n\n My reply\n\n\n\n hmm well\, in my experience in sport\, l uck isn't how you get to the top in any team sport... to salaries\, that i sn't true\, the usa alone spent circa 149.6 billion dollars in sport gambl ing last year\, this doesn't factor global revenue in gambling. I know chi na is huge on gambling. so.. the wages of players if anything is too low. Cause all the leagues get a big cut of gambling money \, let alone licensi ng fees. The salaries match the revenue earned by sport per year\, the fin ancial output. Now if you are speaking about the athletic output\, well th e answer to that is actually the salary structure\, not the volume. in bra sil for example many teams use a pay scale\, so if you score twenty goals in a season \, you get a million or two. what is the problem with pay scal es? nothing but because humanity is in 2026 not the 1900s when jackie robi enson played baseball or pele played futebol\, the modern athlete has acce ss to a global employment pool. So for example\, the NBA and MLB can say\, we will do pay scales. Now\, lets' disregard the players union contract w hich makes that illegal anyway\, but lets assume the players union somehow allowed this\, the chinese basketball league or japanese baseball league can get investment from qataris plus saudis plus others and offer yearly n o contest contracts. The players will correctly leave MLB+ NBA\, what pers on working at a job accepts a lower wage between employers for their same action. So that is why pay scale never happens in the usa\, outside of pla yers unions\, led by baseball players\, which sets up a collective contrac t rule to negotiations\, the global environment of 2026 where money does n ot only exist in the usa unlike the 1900s\, means athletes are free to go where the market it best and the global sports fanbase is not allegiant to the usa\n\n\n\n  \n\n\n\n their reply\n\n\n\n Salaries are just ridiculo us and of course that translates to higher costs for tickets to see the ga mes\, well at least when they are are doing well. Blue Jay tickets were ra ther expensive this year when they were cheaper for the past few seasons. I even went to look for Toronto FC tickets and they were out of my snack b racket.\n\n\n\n  \n\n\n\n my reply\n\n\n\n yeah\, and you have to include the financial desires of the owners\, never forget that. In germany they have two things\, the terms in german I can't recall exactly\, but they ar e 1) the 30% rule and 2) fandom affordability\, meaning what? 1) in german y 99% of teams have to fit the multiowner model which means no owner with more than 30% \, this means owners looking to resale short term you see wi th many usa owners of sports team\, owners looking to make a glitzy club r aising prices like the dallas cowboys owner\, are blocked because those ki nds of owners will not accept a 30% cap . 2) to fandom\, in germany\, whic h is the wealthiest european country\, all matches for all teams are sold out usually. why? the ticket prices are kept low. Even though the average person in germany has more money than the average in england or spain or i taly or france\, in germany ticket prices for nearly all clubs is kept low so attendance can happen. what is the point? the owners of a lot of sport s teams \, especially in the usa\, are part of the problem. their agendas don't fit what many fans like yourself want. The owners don't have to pay great salaries\, they don't have to raise ticket prices \, but their agend a is very greedy\, far more greedy than any player. \n\n\n\n  \n\n\n\n P OST URL\n\n\n\n https://aalbc.com/tc/topic/12274-do-people-comprehend-spor t-is-one-of-the-last-industries/\n\n\n\n PRIOR EDITION\n\n\n\n https://aal bc.com/tc/events/event/605-economic-corner-29-11302025/\n\n\n\n  \n\n\n\n NEXT EDITION\n\n\n\n https://aalbc.com/tc/events/event/632-economic-corne r-31-01222026/\n\n\n\n  \n\n\n\n \n\n\n\n  \n\n DTSTART;VALUE=DATE:20260110 RRULE:FREQ=YEARLY;INTERVAL=1 END:VEVENT END:VCALENDAR