Not certain how why the term should be re-defined from what humanity has always accepted it as. The Merriam-Webster.com definition (
link):
greed
: a selfish and excessive desire for more of something (such as money) than is needed
Is that definition not simple enough for everyone? It is a term that can be applicable to any person, regardless if they are a professional athlete, owner or person on the street.
People have a tendency of putting professional sports athletes into different pools in terms of financial compensation. Every single one receives more compensation than they
need. Why? Because they are
greedy.