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<blockquote data-quote="GC7" data-source="post: 1075349" data-attributes="member: 2455"><p>I understand completely. But you have to realize that athletes and movie stars getting paid well has more to do with those who are willing to pay and less with what skill that person is utilizing to get that pay.</p><p></p><p>So what I mean is, if you're a plumber and I'm a carpenter, we're most likely going to get paid at a market rate. Basically, in a given area, with a fixed advertising budget, you'll probably make around the same rate that other plumbers and carpenters make.</p><p></p><p>Matt Damon, on the other hand, has an agent whose job it is to promote the fact that Matt Damon, is, well, Matt Damon. This is where that pay comes into play. His agent is going to promote the heck out of his next movie via TV commercials, posters, website ads, radio ads, whatever else.</p><p></p><p>The public perception of these ads pretty much determines what he ultimately gets paid. This does not happen with 1 movie, but with all movies over a span of time. </p><p></p><p>So if Matt Damon's next movie grosses $200M in the opening weekend, that obviously mean average citizens willingly put up the $10-$20 in ticket prices to go see his movie. This relays the message to his agent that the promotion tactics did indeed work. This money will go to the producing studio who will use the earnings to fund the next great movie, which will have more aggressive promotion and should net more profit.</p><p></p><p>Do any civilian-grade jobs utilize this much promotion? Is anyone going to highly advertise the fact that you're a great plumber? This happens sometimes with doctors and lawyers, but typically not with teachers or grocery store clerks.</p><p></p><p>So, yeah these people are getting paid very well because the public perception is that money spent on them, is well spent. Change the public opinion and maybe pro athletes and actors won't be around any more.</p></blockquote><p></p>
[QUOTE="GC7, post: 1075349, member: 2455"] I understand completely. But you have to realize that athletes and movie stars getting paid well has more to do with those who are willing to pay and less with what skill that person is utilizing to get that pay. So what I mean is, if you're a plumber and I'm a carpenter, we're most likely going to get paid at a market rate. Basically, in a given area, with a fixed advertising budget, you'll probably make around the same rate that other plumbers and carpenters make. Matt Damon, on the other hand, has an agent whose job it is to promote the fact that Matt Damon, is, well, Matt Damon. This is where that pay comes into play. His agent is going to promote the heck out of his next movie via TV commercials, posters, website ads, radio ads, whatever else. The public perception of these ads pretty much determines what he ultimately gets paid. This does not happen with 1 movie, but with all movies over a span of time. So if Matt Damon's next movie grosses $200M in the opening weekend, that obviously mean average citizens willingly put up the $10-$20 in ticket prices to go see his movie. This relays the message to his agent that the promotion tactics did indeed work. This money will go to the producing studio who will use the earnings to fund the next great movie, which will have more aggressive promotion and should net more profit. Do any civilian-grade jobs utilize this much promotion? Is anyone going to highly advertise the fact that you're a great plumber? This happens sometimes with doctors and lawyers, but typically not with teachers or grocery store clerks. So, yeah these people are getting paid very well because the public perception is that money spent on them, is well spent. Change the public opinion and maybe pro athletes and actors won't be around any more. [/QUOTE]
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