MadLuke
Registered User
- Jan 18, 2011
- 10,768
- 6,261
My first thought was the explosion of F1 driver salary, how much does it build the talent pool for it ?We have to be careful with this dynamic, though, because the effect of financial incentives is not linear.
Higher salaries will always garner more interest, but there is a breaking point where extremely-high salaries reduce the level of competition — because people who are already wealthy will apply their financial leverage to corner the market on opportunity.
That type of profession already has a child dream without the high pay, the power of money being important mostly to counter the high cost of keeping up as you get older if you can pay that cost and take that risk.
Evrey formula one driver make a million or more the well paid are in the 10-50m before sponsor deals, how many 14 years old seriously in the process of trying to be one do you know ? Knew growing up ?
An lower incentive but much more attainable, say good school scholarship for football-bastketball do maybe much more to increase the talent pool than a small winner take all like Hockey even if the reward is much bigger.