Physical activity and sport have been a big part of human culture for around 3000 years, with the Ancient Greeks introducing formal sports such as wrestling and race-running. Today, sport and fitness is part of a billion-dollar industry, with revenue coming from matches across the globe. Although the income of most players seems irrationally unfair, the industry is a vital part of the world economy. However, some of these activities have a higher annual profit than others, so from tennis to basketball, these are the top richest sports in the world today.
Tennis is a world-renowned sport and has not only produced some of the finest sportsmen alive today, but has also reached an annual income of over $6.06 billion. The fact that the sport has such a wide base is what makes it so rich. However, tennis also holds some of the highest-paid athletes across the globe. These include Roger Federer, who earns an average wage of $69 million per year, and Rafael Nadal, with an average pay of $41 million annually.
The average professional boxer earns a salary of $50,000 each year. However, some of higher league sportsmen earn a much higher wage. For example, Floyd Mayweather was the highest-paid athlete in 2019, with a whopping $285 million salary, and there are tons of other boxers like him, such as Jon Jones and Conor McGregor. All of these athletes help to contribute to the sport’s annual $80 billion revenue.
Surprisingly, cricket is one of the richest sports in the world right now. Although there are only 15 countries around the globe who actively play in international competitions, the atmosphere and good sportsmanship seen in cricket games is what makes it so popular with the huge fan base. Particularly in England, India, Pakistan and South Africa, tickets for watching a local team play are usually sold out, and that doesn’t include international competitions. The Indian Premier League earnt $300 million in 2019, shortly followed by the British Test Match Specials. One of the world’s most famous cricket players, Virat Kholi, earnt a $20 million salary the same year, and on average, professional cricket players earn $45,000 annually.
In recent years, the recognition for golf has been rising. Just for the US Open, the industry gained $10 million, with the victor earning $1.8 million just from that tournament. As for famous players, Tiger Woods is among the most reputable. His annual income has come out on top of the Forbes’ Richest Players list 11 times, with earnings of between $75-$115 million. The sport continues to be one of the richest in the world, with new players like Rory Mcllroy and Dustin Johnson emerging, and helping to bring the sport’s annual revenue up to $7 billion per year.
At an annual value of $600 billion, soccer is the most popular sport in the world. With new talent emerging everywhere, giving teams an overwhelming choice of players, the sport dominates just under 50% of the fitness industry’s economy. Players in the US Premier League earn around $1.5 million yearly, but for some of the higher-ranking footballers, this is just their weekly salary. $5.4 million were made just from the North American Leagues, and international competitions such as the FIFA World Cup also contribute to the sport’s overwhelming wealth. Football also dominates the Forbes’ Richest Players List, with both Ronaldo and Messi being in the top 3 in 2019.
And if you want to play virtual soccer online,you can join Slot Online.
Another of the most popular sports, basketball ranked as the second richest in 2019, at a market value of over $90 billion. Although the sport has not taken off as well in European countries, it is the most popular sport in the US, with the NBA alone generating $6.2 million. Some of the richest players, including Michael Jordan (average wage of $250 million) and LeBron James (average $85.5 million), have helped to boost the sport’s income, but its sheer popularity is what has made it America’s wealthiest sport.
To conclude, these six are the top richest sports in the world in 2020. Although soccer is the wealthiest overall, basketball is the US’s richest sport and cricket is the richest in lots of Asian countries. However, added together, these sports make up a huge portion of the global economy, and are a vital part of many counties’ financial situations.