$30 million for the six minutes and 50 seconds it took for him to knockout Frank Bruno" (Rhodes and Reibstein 44). Zachary M. Jones, an attorney at Howard University in Washington D.C., utters, "Superstar athletes are few in number, so the demand is high, which raises the price for their services significantly" (Saporito 61). Furthermore, Mark Rosen, who has been a sportscaster at WCCO-TV for almost 25 years, also feels pro athletes are not overpaid. He says, "The owners are just trying to get a team together. The problem is they want to do that immediately. "In a couple years, after Garnett develops into a superstar, people will be saying Boy, Im glad we signed him [Garnett]." Rosen thinks that it was undoubtedly necessary to have rookie salary caps. "If there werent those rookie caps, kids out of college, even high school like KG [Kevin Garnett], would be signing these multi-million dollar contracts right after the draft. There is no doubt in my mind that that was a good thing to do." He also feels that these high salaries are good because it shows that revenue is going up (Rosen). Sports salaries have sky rocketed in the past ten to fifteen years. Professional athletes have moved from six figure salaries to nine figure salaries in what seems like a snap of a finger. Michael Jordan, for exampl...
