Last night is was announced that Olivier Giroud was on the verge of signing a new contract with Arsenal, paying him an astonishing £130,000 a week. The first thought is “Wow! That’s a lot of money” and it is.
But is he worth it?
In football, players are a stupid amount. They are all on too much money. But that is life. When TV revenue is as high as it is, and the TV companies are paying for those footballers on the pitch, the money will always flow down to those footballers. Every time a new TV is signed, agents up and down the country knock on the managers door of their clients and demand a bit of a slice of that pie. And more often than not they get it.
You only have to look at James Milner. He is on £150k a week. Raheem Sterling has just signed for Manchester City for £200k a week. When Manchester City signed Adebayor, they paid him £170k a week. Nasri £185k.
At Manchester United, Wayne Rooney earns a reportedly £275k a week. He has scored 49 goals in the last 3 years. Olivier Giroud has scored 58 goals in the same period. The previously mentioned Adebayor also got 58 goals in his 3 full seasons at the club.
Many Arsenal fans want the club to sign Karim Benzema. He gets paid around £240k a week. Olivier Giroud keeps him out of the French national side.
The money footballers get paid grossly high. Rather than compare Giroud’s £130k a week to that of the normal man (or soldiers wages) it should be compared to his contemporaries. You do that, and you realise that £130k a week is probably right for someone of his talent. A first choice international striker, playing for a top European side, scoring consistently.
It is not just footballers that have crazy salaries though. Lewis Hamilton is paid £32m a year (£615k per week) to drive a car round in circles. Top cricketers in the Indian Premier League can earn over £1m for just 6 weeks work – £166k a week. And then we have America, where NBA, NFL and baseball stars can earn into the hundreds of millions throughout their career.
Sport has become such a commercial vehicle, TV companies and sponsors are willing to pay billions to be associated with it, and these billions end up in the players pocket.
So is Giroud worth £130k a week? In the inflated, bloated, cash rich would of football, you would have to say that is his par salary.
I agree, it is sickening.