About two days after talking with my son about the “big money” that professional athletes make, I had a conversation with a co-worker (John) about the taxes that we pay in this country. Keep in mind, I am dirt broke and it is very appealing in rhetoric that the wealthy pay a different percentage of taxes than me. Sure, I would love to pay only 2% taxes of my entire income and have the wealthy foot the bill for my eating, schooling of my children, and a dozen other things, but last I check America was supposed to be a country based on hard work and rewards for such work.
It is easy to say that wealthy should pay more because they have more, but why does having more mean that someone should be punished for what he has? I explained to my son that a person earning a 4 million dollar contract for his hard work as an athlete from the time he was 5 years old pays a tax rate of about 35% that comes out to 1.4 million dollars in taxes. Now let’s take a look at what is at least the average amount of work a kid does before he gets the scholarship to college, drafted by a professional MLB team, or even makes his high school baseball team. In one week, I hit my son 300 ground balls and 200 fly balls. He spent 10 hours in the gym, 3 hours playing catch, 1.5 hours in the batting cages (out of pocket cost $30), 1 batting lesson (cost $40 for a half hour), and played in six baseball games. This was the normal week for my son during the summer of 2010. Adding 6 hours of reading and studying just to keep his brain sharp, he spent 56 hours in one week working on his life’s dream.
Sadly enough, I know some people who worked harder than this. My oldest son grew up with Kevin Ross and his father, Gerald was the baseball coach. Gerald Ross use to say “We don’t practice, we train.” He use to work out with his park district team 3 to 3.5 hours at a time in the middle of the July heat just so that his team would be first out of the six team division. He use to spend his own money renting gyms in the winter time to train his team. As a result, his son, Kevin was drafted out of high school by the Pittsburgh Pirates. I tip my hat to Kevin as his older brother who had arguably more talent became side tracked in high school and fell off. I say this only to show that the level of commitment for a successful high school athlete runs far deeper than the time put in on the field and in the gym. The level of commitment extends to the choices the athlete makes when he has down time.
Now a kid like my son and those like Kevin Ross work harder at their dream than an adult earning $25,000 a year; and these kids do this for free from the time they are 7 or 8 years old. If an athlete worked 56 hours a week for ten months of the year and if his efforts were worth $8 per hour he would have a work value of $24,624 per year if we calculate time and a half for overtime and unpaid two weeks of vacation. Let’s multiply that by the ten years of amateur work where he is not paid we get to $246,240. This comes out to the allocated signing bonus value of the 168th pick in the major league baseball draft. In other words the efforts of my son in pursuit of his dream is valued at about $247,300 after 10 years of work if he is one of the lucky kids drafted out of high school. Another way of understanding this is to say a person works 56 hours per week for 10 years receiving no pay for his work until 10 years later when he gets it all in one lump sum. Now my question is why should he have to pay a 20 – 25% tax rate just because he was offered a lump sum of the compilation of many hours of work valued at $8 per hour over a ten year period?

