But how many jobs are created from something like soccer being big? I know soccer stars might not directly create a lot of jobs but indirectly they do.
Say you have two teams with lots of mega stars, Manchester City versus Real Madrid; even if I agree with you in principal, there's no way their performance is creating enough stimuliation on the job market to justify their salaries relative to societal value. Another thing that annoys me is that we tend to dote on athletes and actors and hate on entrepreneurs, for some strange reason.
Example above, quick maths; Manchester City's total wage expenses are around 2.680.000 £ weekly, that makes about 3.680.000 $, add bonuses that are quite common, and one can easily add another 5-10% on top. The yearly cost is s staggering 1.393.600.000 £, or roughly 1.910.000.000 $.
Real Madrid weekly wage expenses are around 2.173.000 £, that makes about 2.980.000 $, the same type of bonuses are just as common here, adding another 5-10% or more on top. Yearly cost is about 1.130.000.000 £, or roughly 1.780.000.000 $.
With bonues, let's say about 4.000.000.000 $ with bonuses, which is likely on the low side. Even when you factor in medical staff, training staff and facilities, maintenance on stadiums, transport, PR departments, ticket salesmen, waiting staff, cleaning staff and stadiums and all other related jobs, even the net sales of shirts and other effects and the ones working these stores (where shirts from all sorts of teams are sold), the outcome will always favor an entrepeneur, considering the relative low amount of working hours per person per team, they simply don't employ nearly enough people through their sport. Given, it's hard to put a price on entertainment, but it's still food for thought. The net gain from actors are even worse, someone like Tom Cruise, who could easily make 50-100 million $ on a big film that takes him about 1.5-2 years to take part in, in bouts separated by breaks and other projects, a similar generation of revenue across actual industry or similar positions to provide jobs would be massively advantageous over this.