Goofing_Off said:
That's because people spend millions of dollars to go to NBA games, buy the jerseys, buy the big foam fingers, etc.
It's supply, and demand. If we all decide collectively that NBA ticket prices are just --- too --- high ---- and people stay away in droves over it --- they have to lower the prices. But people are, and WILL, pay them.
It works with entertainers too. Out of work entertainers and has-beens can't GIVE it away. It's why people STILL pay mega-bucks for a Rolling Stones ticket, but can't be PAID enough to see a free concert by Air Supply. There's no demand for it.
Don't like the exorbitant fees your lawyer charges? Tell him that, as he laughs into his cellphone. You'll pay it anyway, because you need him more than he needs you. If we all had alternatives to lawyers that were viable - the demand would go down - they'd get cheaper.
The fact is, some people get paid a lot, and some products cost a lot because the commodity is scarce and everyone wants it bad enough. Gas prices keep rising, and there's no current evidence that people are curtailing their use. So they STAY high, even though there's PLENTY of oil.
I know it SEEMS like it casts a huge shadow over a society that pays a man a million dollars to play a game but a pittance to someone who teaches your kid - but you wouldn't pay your kid's teacher a hundred bucks just to watch them teach, and no one else you know would, either.
I AM however looking forward to the time when Hollywood as it exists becomes obsolete because of the glut of new "talent" exceeds the diminishing demand on actually going to the theater rather than waiting for it to come out on video. When blockbusters are driven by effects, and the biggest movies are animated, and people don't bother leaving their homes because some big STAR is going to be on the screen.