• Sports - Other Sports
  • Updated: November 28, 2022

Five Richest Sports In The World In 2022

Five Richest Sports In The World In 2022

The lessons of life are best encapsulated in sports. Professional athletes have become some of the richest people in the world as a result of the enormous amount of money that has been invested in the sporting world.

The most lucrative sports in the world are those that produce extremely wealthy athletes.

Sports must, of course, generate enormous sums of money to keep teams successful and well-funded for them to pay so well.

As a result, you might be surprised to learn which sports are the most lucrative; the information you find here is probably not what you were expecting.

According to recent research, the global sports business has already surpassed the US$1.3 trillion mark, with the US accounting for US$520 billion of that total. 

Below are the five richest sports in the world in 2022

1. Baseball

One of the most lucrative sports in the world is baseball. You might find it hard to believe that this sport is only well-known in the United States and that a small portion of foreign territory can generate such enormous sums of money.

Baseball has undoubtedly benefited greatly from the region's and continent's growing popularity of the sport.

The sport is an excellent option for any smart young person who wants to play professionally in the United States because of the fantastic pay.

Additionally, flagship players earn much more money. As a business, baseball is currently valued at around $40 billion.

But only a few nations take part in this sport actively.

The top level of baseball, Major League Baseball, brought in $8,957 million last year. Additionally, this season, each team has earned an average of $298.6 million.

2. Basketball 

Basketball currently enjoys a $90 billion global market, according to recent estimates. Without a doubt, the largest portion of it belongs to the United States.

NBA players currently make an average annual salary of around $3.8 million as of 2022. Additionally, their portfolios contain a sizable number of sponsorship agreements.

The National Basketball Association earned $6,271 in revenue last year. Additionally, this year each NBA franchise earned $209 million in revenue.

The numbers moved it up to the number two spot on our list of the richest sports in 2022. 

3. American Football

Even though the National Football League (NFL) is only played in the United States, most recent estimates place its market value at around US$200 billion.

With astronomical cash flow, it is one of the biggest sporting franchises in the United States.

The NFL, the richest professional league in the world, generated an astounding US$11.39 billion in revenue last year, with teams earning an average of more than US$350 million.

Unsurprisingly, the sport draws some of the most successful athletes.

4. Ice Hockey

Ice hockey is one of the cruellest sports on the planet, in addition to being one of the most lucrative.

This sport rivals American Football in terms of reckless tackles and deliberate body-slamming.

It is a contact sport, after all. Ice hockey is not a global sport, but it is a sport of rich countries since most of the nations where it is popular are rich.

On the list, America is first, followed by Canada and some regions of Europe.

Ice hockey players make an average of 2.2 million dollars each year. However, this is only the average; top performers might earn up to six times as much.

5. Football/Soccer

With the largest industry share of any sport, association football, also known as soccer, is the most popular sport in the world.

Overall, it is estimated to be worth $600 billion and represents 43% of the global market for financial sports.

Currently, Premier League footballers make an average of 1.5 million pounds a year.

Major League Soccer, another illustrious competition, pays its footballers an annual average salary of around $600,000.

The Premier League generated $5,430 million in revenue last year, or $267 million per team.

As a result of this success, it was able to establish itself as one of the most lucrative sports in the world at the time.


Related Topics

Join our Telegram platform to get news update Join Now

0 Comment(s)

See this post in...


We have selected third parties to use cookies for technical purposes as specified in the Cookie Policy. Use the “Accept All” button to consent or “Customize” button to set your cookie tracking settings