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There’s no question that professional athletes are paid too much. In 2018, the average annual salary for an M.L.B. player was $4.1 million. Mike Trout a centerfielder for the Los Angeles Angels, gets $35.8 million a year. In the N.B.A., the average annual salary was $7.1 million. the N.F.L., the average was only 2.7 million, but one of football’s highest-paid players, Green Bay Packers quarterback Aaron Rodgers, just signed a four-year contract for $134 million.
Compare those wages with the national average salary for a normal person which is about $45,000 a year. It’s about $56,000 for a schoolteacher and nearly $74,000 for an emergency room nurse.
A. Developing nations are characterized by low income, high birth rates, high infant mortality, and economies still within an agrarian or early industrial mode of production.