50% of the rewards are not going to steemsports. I doubt that is even the gross amount (not 100%) sure, but beyond that, to be accurate you would have to subtract the portion that is redistributed not only to the voters on the posts but also the authors and editors who contribute to each post and get a share of the rewards.
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You're right, that was a thoughtless exaggeration.
Here are the top rewarded accounts of the last 30 days.

Given those numbers I would guess it actually is close to 50% (post rewards over 30 days is probably something close to 160K STEEM). Still as I indicated a large portion of that does not go to steemsports itself, despite that being the first stop on its way to its eventual recipient.
Well then around 50% of the SP from the rewards pool goes and stays with @steemsports. If you don't see that as problematic then I have little faith in your judgement.
Another one bites the dust.. Happy Christmas.