Revealed: True Gender Pay Gap in Sport
USA / AGILITYPR.NEWS / January 05, 2022 / HowToBet.com Sheds the Light on True Gender Gap in Sports Pay
HowToBet.com outlines the True Sports Pay Gap and the reasons behind it in the recent, well-researched article "Gender Pay Gap: Understanding the Gender Gap in Sports Pay” written by Haley Shapley, journalist and published author of “Strong Like Her”. The article contains visual infographics, revealing a shocking Pay Gap between male and female athletes.
The U.S. women's soccer team has made international headlines with their campaign to bring their salaries and benefits on par with the U.S. men's team. But the pay difference between female and male professional athletes is not limited to the country's top soccer stars. In fact, the gap is even larger in many sports, and staggering across the board.
The article references a report stating that National Basketball Association's (NBA) highest player for the fifth year in a row is Stephen Curry, with a salary of $45,780,966. Curry earns over $550,000 per regular-season game. By comparison, Women's National Basketball Association (WNBA) legend Sue Bird earns the league's maximum salary of $221,450 per year, or $6,900 per regular-season game. Bird's salary is matched by just six other top performers in the WNBA league including Brittney Griner and Diana Taurasi. To reach parity, the women would need a 20573.27% raise.
The research also reveals that the smallest pay gap between males and females is found in tennis and its 34% with players such as Serena Williams, net worth $41.5M and Naomi Osaka, $60M.
“I spoke to some of the male players about that who were unhappy because the prize money was equal,” British tennis player Andy Murray said in his interview with CNN. “And I said, ‘Well, would you rather there was no increase at all?’ You know, they said to me, ‘Yeah, actually.’ That’s some of the sort of mentalities that you’re working with in these discussions where someone would actually rather make less money just so they’re not on an equal footing with some of the female players.”
HowToBet.com looks at arguments like the theory that women's leagues and high-performance competition are relatively new and still maturing as commercial entities. The WNBA was established in 1996, whereas the NBA began in 1946. But this argument for "organic" growth does not account for non-market-driven resistance.
HowToBet.com considers these attitudes and how they may affect the future of the pay gap, proposing that as the women's teams become better established, their stars will have more bargaining power. Another possible influencer could be the newer niche sports like CrossFit, which have inherently more gender parity. Not incidentally, CrossFit Games has always offered an identical prize purse for male and female competitors.
The article also includes an interview in the form of a podcast, where hosts, Daryl Fein and Sean Miller ask the author of the article some challenging questions regarding the topic.
For the full article, please visit: https://www.howtobet.com/understanding-the-gender-gap-in-sports-pay/
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