Must be why NFL, NBA etc get so fuckin salty when people upload highlight reels and stuff to youtube.
I can't think of anyway to similarly monetize teaching and I really don't think anybody should go down that route, it sounds terrifying. But how do you convince a bunch of people watching football, which kinda costs them either nothing or like 90$ a month for their cable subscription, that they should also spend a % of their income on teachers?
Because their labor can be very cheaply duplicated by broadcasting the game to millions of spectators.
*> Where's the money actually coming from?
Ads, merchandising, and ticket sales, like you note.
Professional sports players are, economically, in the same category as musicians and actors. They produce media and the digital era means media can be duplicated at virtually no cost, so the value of their labor can be easily multiplied by a very large constant.
Police, doctors, and teachers provide their labor to individual humans in realspace which is much harder to scale so, unfortunately, their salaries reflect that.
I agree for all the examples you give, there's nothing clear like there is for athletes and artists.
For what it's worth NBA has actually taken the opposite stance from the other leagues in terms of highlights online. See https://www.businessinsider.com/adam-silver-nba-ok-highlight...
I don't know how to fix the teacher's pay. It's just unfortunate that by comparison they make pennies.
Without even a cent in extra tax.
Price has to do with supply and demand curves. If there's tons of demand for people hand sewn clothes for hamsters, and very few people who are willing or wanting to do it, then the price will be high, even though one might think there is very little utility to society.
Similarly, there's very few people able and willing to provide the entertainment that an NFL player can, but very high demand for it, therefore, very high pay.
At the low end NFLers are underpaid if anything. They get a good salary but only for a few years and then they are in their mid 20s with a joke degree and not a whole lot of other skills.
Don't lump cops in with teachers. If you want a dangerous job pick roofer or garbageman or something else that's more dangerous than being a cop.
But you are right about athletes only having a short viable career and that helps lower the gap, I was referring more to the high end athletes making millions. Even considering their short careers they make far more than an average teacher can hope to ever in their lifetime. On average I'm not really sure, that does depend on the individual sport and athlete.