Here Are the Highest-Paying Sports to Try If You Want to Make Millions
You don’t need to be a genius to know that there’s a lot of money in sports, which is why a lot of athletes are living the sweet life that mere people can only dream of. With tons of dollars also come fame and popularity, so what’s not to love about this profession?
With the rising demand for everything-about-sports, it is safe to say that things will go north from here. But before you dip your toes into this biz, best know the highest-paying ones:
Tennis
This racket sport is currently one of the most profitable sports and in 2019 alone, it contributed $6.06 billion to the market value. It is worth noting that there was only 1.1-percent growth in that timeframe but even so, the average salary of a tennis player reached $300,000.
This year, it is expected that the number will increase. Just take a look at Roger Federer, Serena Williams, Rafael Nadal, and Novak Djokovic are some of the highest-paid and most talented in this field.
Boxing
Although some people regard boxing as just for amateurs, money really comes from the professional category and you’ll be surprised by how bills easily flow in this craft. Promoters go home with a fat paycheck – last year, organizers raked in $348.4 million!
On average, professional boxers earn $50,000 annually. Just to show how mammoth this sport can get, picture Manny Pacquiao versus Floyd Mayweather’s epic fight, which amassed a whopping $410 million!
Football
Home to many hunks known to sweep many hearts, football or soccer is also a good sport to try not just because of the accompanying fame and glory but also because of the money you can earn. After all, it accounts for 43 percent of the financial sports industry with a $600-billion value.
There’s an average annual salary of $1.5 million for athletes competing in the Premier League, which earned $5.430 million last year. Plus, two of their most popular players, Lionel Messi and Cristiano Ronaldo, are some of the highest paid last year.
Basketball
Basketball accounts for $90 billion of the total global market value of sports, a chunk of which came from the United States. Players receive an average of $3.8 million per year – and that’s exclusive of the more lucrative deals with big sports brands like Adidas, Nike, and Underarmour.
Baseball
Baseball is valued at $40 billion, but players get an average income of $8.5 million per year. Major League Baseball made $8.957 million last year.
More in Latest News
-
`
When Does College Football Start in 2024?
The excitement from Michigan’s thrilling victory in last year’s College Football Playoff still lingers as fans eagerly anticipate the upcoming season....
June 15, 2024 -
`
A Deep Dive Into Why Ronaldo Nazario Plans to Sell Real Valladolid
Brazilian football legend Ronaldo Nazario, revered for his days with Brazil and Real Madrid, is preparing to part ways with his...
June 7, 2024 -
`
Tyson Fury vs. Oleksandr Usyk – Clash of Champions
In a clash for the ages, Oleksandr Usyk emerged victorious in a thrilling split-decision win over Tyson Fury, etching his name...
May 29, 2024 -
`
NBA Iconic Star Luka Doncic Achieves Impressive Overwatch 2 Milestone
Who said professional athletes can’t dominate the digital realm as well? Luka Doncic, the Slovenian basketball sensation known for his slick...
May 23, 2024 -
`
Lewis Hamilton and George Russell Gear Up for Miami Grand Prix Showdown
As the excitement builds up for the Miami Grand Prix, Mercedes drivers Lewis Hamilton and George Russell find themselves on the...
May 15, 2024 -
`
How Fast Is Mbappé Really? Decoding the Velocity
In the electrifying world of football, speed is often a game-changer, and few players epitomize lightning pace like Kylian Mbappé. Dubbed...
May 8, 2024 -
`
Gervonta Davis vs Ryan Garcia: Everything You Need to Know About the Rematch
The boxing world is abuzz with speculation and anticipation as whispers of a Gervonta Davis vs Ryan Garcia rematch begin to...
May 5, 2024 -
`
Why Victor Wembanyama’s New Shoes Look Like From Another Galaxy
Victor Wembanyama, the NBA’s latest prodigy, is making waves on the basketball court and in the world of sports fashion. Recently,...
April 25, 2024 -
`
How Rugby Player Martin Bayfield Became a National Hero
Rugby player Martin Bayfield’s journey from the rugby fields to national fame is a compelling story of talent, transition, and triumph....
April 21, 2024
You must be logged in to post a comment Login