Which sports leagues pay the most?
Being enrolled in sports can be expensive, but it can also be very well-paying. Profesional athletes from team sports usually have two types of income – endorsement deals, that depends on athletes themselves, and team salaries, that varies significantly from leagues. Now let’s see which are those leagues that pay the most.
The richest athletes are those of NBA basketball, with $7.15 million on average per year for 2017/18 season. And that is not such a surprise, looking at the NBA’s massive profit upswing in the past few years. In 2016 teams of the NBA league achieved combined NBA revenues of around $5.87 billion, which was the highest figure to-date, but the amount increased up to 7.37 billion U.S. dollars in 2017. Having a small roster, with 30 NBA teams, players, therefore, get a pretty decent on-court wage.
Following second are those of MLB baseball with $4.47 million and IPL cricket (India) with 3.9 million U.S. dollars. Surprised? Don’t be. Both sports are very popular with television viewers and get very good attendances, although the rules might not be known to quite a few countries – cricket is only played in 12 of them.
What about football? Well, more than half (9) of the highest paid leagues are those of football (soccer), with the EPL (U.K) ruling the top with US$3.44 million, right behind IPL. Again, no surprises here, since football has a global revenue of around $28 billion yearly, with a 43% share of the global financial sports market.
You can see all 17 highest-paying professional sports leagues in 2017/18 based on players average annual salary here. Not bad, huh?