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Freakonomics Radio

365. Not Just Another Labor Force

Freakonomics Radio

Freakonomics Radio + Stitcher

Documentary, Society & Culture

4.632K Ratings

🗓️ 31 January 2019

⏱️ 60 minutes

🧾️ Download transcript

Summary

If you think talent and hard work give top athletes all the leverage to succeed, think again. As employees in the Sports-Industrial Complex, they’ve got a tight earnings window, a high injury rate, little choice in where they work — and a very early forced retirement. (Ep. 6 of “The Hidden Side of Sports” series.)

Transcript

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0:00.0

If you make it to the finals, you feel like a rock star.

0:05.0

You feel like you own the world.

0:07.7

I was in love with the game in part because of how violent it was.

0:13.0

If you want something, you have to be aggressive.

0:15.3

It was over in 17 seconds.

0:17.1

I got a TKO victory, and I remember thinking, oh my god, I have to do this again.

0:22.0

The fact of the matter is, superstars do win championships.

0:39.0

The Super Bowl is by far the biggest sports event in the United States.

0:42.4

It draws the most viewers, the most attention, and of course, the most money.

0:46.8

As we've been discussing in this hidden side of sports series, the sports industrial complex

0:51.8

has grown tremendously over the past few decades.

0:54.4

It generates roughly $70 billion a year.

0:57.5

But once you strip away the massive TV revenues, the increasingly sophisticated arenas and

1:03.8

stadiums, all the merchandise, what most people care about is watching the players play.

1:10.8

How much do we care about the players themselves?

1:14.8

That is a different question.

1:16.8

Most of us profess to care about the livelihood and well-being of employees in various industries.

1:23.3

Does this apply to athletes?

1:25.8

Or is sports too unlike other industries to think of its employees as just another labor

1:30.5

force?

1:31.5

Let's find out what it's like to be on the labor side of the equation in a business that

1:36.4

often seems, and never more than on Super Bowl Sunday, to be nothing but superstars and

...

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