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This content was originally published by Strategy & Business. Original publishers retain all rights. It appears here for a limited time before automated archiving. By Strategy & Business
Is it fair to pay salaries to sports stars when they aren't playing, and when lower-wage staff may have to be let go? COVID-19 is shaking up the finances of sport, argues Ben Lyttleton, and so we soon may see new models for leagues and tournaments. Stars like professional soccer player Mesut Özil and tennis pro Dominic Thiem are refusing to accept pay cuts, and arguments over pay in Major League Baseball are ongoing.