Sports are one of the greatest sources of entertainment for many people but they are also the biggest industry in the modern era. When it comes to sports, you have plenty of options to choose from. They have become an integral part of our education system as well. It wouldn’t come as such a big surprise for you but sports athletes not only bring names to their homeland but also make millions of bucks playing a single match.
Sports are being televised today on every continent and are being watched with different degrees of commercial interest. Most of you might already know about the athletes who are earning big numbers, such as Roger Federer, Messi, and LeBron James, but do you know about the highest paying sports overall? If not, then we represent to you a list of 2020s Most Highest-Paid Sports of all time. These sports are mainly based on their athletes’ annual salaries, endorsement deals, and sponsorships that allow them to take millions of dollars home. So sit back and enjoy!
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When we think of golf, we probably just think of it as a dull sport that no one probably watches anymore. Well, let me tell you that that’s definitely not true. The sport of Golf is shrouded in big money and isn’t stopping anytime soon. Golf is considered to be one of the hardest sports to perfect but when you do learn the skill, you can make millions out of it.
In USA and Europe, this sport started gaining recognition in the 17th Century, and ever since then, people have been loving it. Tiger Woods is one of the richest Golf Players in the world with a net worth estimated to be $800.
Basketball ranks as the highest-paid sport in the entire world. If you know anything about basketball, then you have probably already heard about the “National Basketball Association (NBA)”. It is one of the world’s most popular basketball leagues. This sport started gaining the attraction of people in the 70s when it started paying the athletes with huge salaries. Undoubtedly, it is the most-watch and loved sport in America and Canada.
The average height of a professional Basketball is over 6 ft. and it is a dream of every person who has a passion for basketball to end up on an NBA team. The highest-paid athlete was paid over $343 Million just for a single match.
In the USA, Football is one of the most-watched sports. NFL which stands for National Football League is composed of around 32 teams and is the biggest football league in the entire world. It also has the highest audience during matches as compared to other sports leagues around the globe. The highest-paid athlete was paid over $253 million a year. This also includes salaries, endorsements, and sponsorships from brands.
You may think that Boxing is old school now but it still has millions of fans around the world. It is the oldest sport which began in 688 BC. Boxing is still a very popular sport in the USA, ASIA, EUROPE, and AFRICA. This game is a high-risk but high-paid game that involves just two players inside a small ring. Athletes need to stay extremely fit to be in demand for this sport.
You would be surprised to know that the Richest Athlete in the World is an American Boxer, who has a whopping net worth of $450 Million.
It doesn’t matter in which part of the world you live, you definitely heard about soccer before. It is undoubtedly the most popular game in the United States of America and has over 4 billion fans around the globe. This sport started back in the 50s and now it’s popular on every continent.
Cristiano Ronaldo is the richest soccer player in the world, with an estimated net worth of over $1 billion. Most of his income included hundreds of endorsements and sponsorships.
Tennis is the sixth Highest-paid sport in the world and athletes are making millions in every match. You will be surprised to know that many of the highest-paid tennis athletes are from the female team. Women are very active in this sport and have heavy incomes due to endorsements. US Open, Grand Slams, and French Open are some of the most popular Tennis tournaments that are internationally televised.
You might be thinking what is Ice Hockey doing on the list of the Highest-paid sports in the world. Well, it’s because it is the 7th most paid sport and extremely popular in the United States of America. This sport is played on an ice rink that is either outdoors or indoors. Ice hockey is also the National Winter Sport of Canada.
The Canadian Ice Hockey player, Wayne Gretzky is the richest athlete in this sport and has an estimated net worth of $250 Million.
Auto Racing is just an entertaining sport but is also one of the most dangerous sports out there. It is ranked 9th on the Highest-paid sports list. Auto Racing became a sport after the invention of the automobile and the first race of this sport was organized back in 1867.
It received major attention from the audience and is now played in many big countries of the world. Former German Driver of Auto Racing, Michael Schumacher is reported to be the richest player in this sport. He has an estimated net worth of $800. The highest amount which was paid to an Auto Racing driver in a race was over 18 Million USD.
Over 120 years ago, Charles Minthorn Murphy succeeded in becoming the first-ever cyclist to cover a distance of 1 mile in just 1 minute, back in 1899. This victory was given the name “Mile-a-minute- Murphy”.
Today, Cycling is one of the most loved sports in the world that keeps us very healthy and active as well. You can see several cycling contests and tournaments being held in different parts of the world. Some of these events are considered to be very high-paying as well. High rewards are given to the winners of the contests as well. Legendary cyclist, Lance Armstrong is one of the highest-paid athletes in the world and has an estimated income of $28 Million.
Sports are not only a source of entertainment and thrill but can also make athletes millionaires. They bring in name and fame for their country but make immense wealth and fame for themselves. They even attract many talented youngsters to these fields and unite their country on one platform. An athlete needs to have skill, love, and passion for the sports they are playing; only then they can be fruitful.
We hope you liked reading this article. Which one of these sports are your personal favorites? Let us know in the comment section down below!