Top 5 Highest Paid Sport In The World (2023 Update)
There are many high-paying sports, but what is the highest paid sport in the world? In this blog post, we will explore that and what makes them so lucrative. We will also take a look at some of the biggest earners in these sports and see how they achieved their level of success. So, if you’re curious about how much money professional athletes make, read on!
Top 5 Highest Paid Sport In The World
Basketball – The highest paid sport
Basketball tops the list as the sport with the highest salary in the globe. Basketball’s most well-known and wealthy league is the NBA, which has 30 teams. Basketball started to attract sportsmen from all over the world when players started spending very big sums in the 1970s.
It’s also the sport that gets the most attention in the USA and Canada. The average height for NBA basketball players is 6 feet 7 inches. NBA membership is the goal of every basketball player. Michael Jordan, a former NBA star, was the one with the highest annual income, making $343 million. In addition to being the richest athlete, Michael Jordan has a net worth of more than $2 billion.
NBA players Steph Curry and LeBron James are two of the highest-paid athletes according to Forbes magazine. Due to their numerous endorsement deals and straightforward branding, basketball sports are at the top of the list.
YOU MAY ALSO LIKE:
Boxing
Boxing is another highest-paid sport in the world you may not know. It also deserves to be listed among the riskiest sports played today. For well-known fighters, tournament prizes can be very lucrative. They also make significant money from commissions from Pay-Per-View, gambling, and endorsements.
With $28.6 million, one of the finest boxers, Mike Tyson, topped the Forbes list in 1991. He did the same thing once more in 1996, earning a total of $75 million. With $60.5 million, former professional boxer Evander Holyfield was the richest player in 1992, according to Forbes.
After a short pause, the boxer’s contribution to Forbes’ list of the richest athletes saw Floyd Mayweather take the first position with $85 million in earnings in 2012 and again in 2014 with $105 million in earnings.
Football
Millions of fans in the USA watch American football also referred to as football. Therefore, it is also the highest-paid sport and one of the most watched. The National Football League (NFL), which consists of 32 teams, is the most well-known American football league.
The majority of football players’ greatest dream is to play in the league. Among all professional sports leagues, the NFL has the highest average attendance worldwide.
The highest-paid footballer was Roger Staubach, a former American football star who earned $253 million annually. Even though NFL is exclusively viewed in the USA, it is one of the most popular leagues worldwide.
Golf
Even though it’s one of the hardest sports to perfect, golf is also one of the simplest. Golf was first played in the 15th century, but it wasn’t until the 17th century that it really took off in the USA and Europe.
Tiger Woods, a legendary golfer and one of the greatest sportsmen of all time, continues to hold the record for most times finishing #1 on Forbes’ list of richest athletes, with eleven. With $69 million, he was initially at the top of the Forbes list in 2002.
Prior to Tiger Woods’ successes, Jack Nicklaus came in third on the list of richest golfers. He received $14.8 million in 1994 to secure his position. In addition, Arnold Palmer, who earned $13.6 million in total that year, came in at #4 on the list. Therefore, it is clear that golf is responsible of the highest-paying sports occupations.
Tennis
Millions of people worldwide participate in tennis, one of the most well-liked recreational sports. Without a doubt, WTA tours establish their reputation as some of the richest competitors. Additionally, tennis players typically rank among the richest athletes according to Forbes.
Andre Agassi, a legendary tennis player, earned $11 million in total in 1992, placing him in sixth place on the list. Jim Courier earned a total of $12.6 million in 1993, placing him ninth on Forbes’ ranking of the richest athletes.
The renowned tennis player Roger Federer recently finished 2008 in the sixth position with a total income of $35 million. He won the position once more in 2010 with a total income of $43 million and once more in 2013 with a total income of $71.5 million.
Final thought
As you can see, there are a variety of sports that offer high salaries to their athletes. Whether it’s due to the physical demands of the sport or the popularity of the game, these careers provide top earners with an amazing income. Do any of these sports appeal to you? If so, be sure to follow our website for updates on the latest news and happenings in the sports world. We hope you enjoyed learning about today’s highest paid sport in the world! Remember to visit our website Sporting difference to update more interesting articles.
