We Need A NFL Salary Czar, stat!

According to this data, there appears to be income inequality in the NFL. The top 20% of the highest paid players earn between 50% and 70% of all the income. This is an outrage. We need a courageous young president, preferably one who is skilled at reading teleprompters, to immediately appoint a NFL Salary Czar to end this insidious disparity. This aforementioned Czar, like other Czars, should be an unelected bureaucrat, who has not been vetted publicly or confirmed in the Senate like cabinet members are as outlined in the U.S. Constitution...or what remains of it in the Obama era. This NFL Salary Czar should immediately reach out to those teams with the most egregious violations of salary inequality and slash the pay of their owners, management and players using totally arbitrary terms and figures. Only then will this outrage be adequately addressed.

From Carpe Diem:

Increasing Income Inequality: Lessons from the NFL

Click to enlarge.

An analysis of the USA Today Salaries Database for the National Football League (NFL) reveals that the share of total team payrolls in 2008 going to the highest-paid 20% of players ranged from a high of 69.8% for the Indianapolis Colts to a low of 49.2% for the Tampa Bay Buccaneers, and averaged 59.5% for all NFL teams (see chart above). That compares to an NFL average of 56.3% in 2000 for the share of team payrolls going to the highest-paid 20% of players.

For the entire U.S. population, the top 20 percent of American households earned a 50% share of total income in 2008 according to the Census Bureau, slightly higher than the 49.8% share of income for the top fifth of households in 2000.

In other words, there is significantly greater income inequality in the NFL than in the general U.S. population, both in terms of the share of income going to the top 20% in 2000 (56.3% for the NFL vs. 49.8% for the entire U.S.) and 2008 (59.5% vs. 50%), and also in terms of the increase over time for the top quintile’s share of total income (56.3% to 59.5% for the NFL between 2000 and 2008 vs. 49.8% to 50% for the general population).