I think if you look at sports from the collegiate level up you would have to say that sports and money are very closely linked. Look at the rush for teams to leave very good conferences that they have been a part of since the inception and their desire to leave for the opportunity to be in the Big 10. You can not say they are not looking at the bottom line.
I think that it has to be linked to money. The sports industry is huge. Athletes do get paid lots of money to do what they do, but they are also celebrities. Millions of people are avid sports fans and are very dedicated, watching every game, etc.
Not only do the athletes have large incomes but sports is also a great marketing tool. Take at look at some of the ads during the Super Bowl. It's all about making money.
If you used to watch the NBA and you think the game today is pretty lame since no one tries to win until the last five minutes of the game, you might feel that sport is too much tied to money since the athletes are pampered babies and the rules and laws of regular life don't apply to them.
If you watch the NFL and you see that these guys are literally sacrificing years of their lives and accepting future disability to play the sport and get paid, you might feel like the money they get paid is worth it since they will have incredible problems later in life thanks to all the incredible collisions and wear and tear of the game.
I think the NHL is another good example of players getting paid what they are worth, given that these guys play through all kinds of injuries, play a long regular season and long in the playoffs as well.
"What the market will bear" notwithstanding, the sport of professional baseball--which has long been known as "America's Pastime"--is a perfect example of professional athletes' being paid far more than they are worth. Hall of Famer Mickey Mantle said it best when referring to multiple-year contracts: "You're only as good as the last year you have played." Contracts should be made on a year-to-year basis, not on a multiple year basis. Many professional baseball players on these multi-million dollar contracts are only good one or two years, yet they continue to receive huge payments for performance at the minor league level rather than at the major league. (Some of these players are actually hitting below the "Mendosa Level," which means they should not be in the major leagues.) But, owners are virtually stuck with these players with a drain on their budget until the contracts expire instead of being able to pull a better player from their farmer league or contract with another major league ballplayer.
There are a lot of ways to answer this.
First, in a capitalist system, there is no such thing as someone making too much money. People make the amount of money that the market is willing to pay them. If people want athletes to make less money, they should not watch the sports, buy the replica jerseys, etc.
On the other hand, you can say that all the money has made things less fun for the fan of the game. For example, the money means that in the English Premier League (soccer/football) only maybe 4 teams start the season with a chance to win the League. Chelsea won this year and their success has all been to do with money since they were no good until the Russian billionaire bought them and started spending.
I'm guessing the argument behind this question is that professional athletes are overpaid. Certainly it is an easy argument to agree with.
However, if you look at the business of professional sports, and consider the question purely from a revenue generation standpoint, then it could be argued that professional athletes are compensated fairly for the amount of money they bring in. Consider any other profession that works on commission. If the NBA's revenue had a major increase as a result of LeBron James, then business would say Mr. James deserves ample compensation. It would be interesting to see a percentage breakdown of their salaries, from a commission standpoint. I couldn't begin to make a guess at numbers when it comes to how much money comes in to the professional sports entertainment world, especially if you look beyond ticket sales and incorporate sponsors, advertisers, paraphernalia, etc. Perhaps they make a relatively small percentage of that money in commission.
I think that in most ways, professional sports are too closely linked with money. As stated in many of the previous answers, a lot of fans and society in general thinks that professional athletes are getting paid far too much. I personally agree with this. Being a huge NFL fan, it makes me quite upset to see players get paid millions of dollars for playing at most 20 one hour games a season. For example, Chicago Bears quarterback Jay Cutler recently signed a 7-year $120 million dollar contract. Not only does he get hurt often, but he is an absolutely awful player and person. It is enraging to see things like this happen, especially when there are people out there who are literally saving others' lives everyday, and they have good hearts and attitudes (unlike Cutler), who will never ever see that much money if they worked for 4 lifetimes.
So, this is my opinion on money and professional sports teams.
What can many people say this is a very INTERESTING question
Every one will have a different opinion according to media this is more of a Survey qUESTION TO ME THAN A QUESTION (lol)
BUt i would say yes (it is this is just my opinion)