Top 10 Richest Sports In The World In  2022

Sports have come the closest to capturing the lessons of ordinary life. Professional players have become some of the world's wealthiest people as a result of the tremendous influx of cash into sports. A significant reason why, with fame and money on their minds, so many people are drawn to some of the world's biggest sports.

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. Taking all of this into account, here are the top ten richest sports on the planet:

(#10)Boxing 

•Nowadays, only two types of boxing are popular around the world: amateur and professional. Professional boxing is where the money talks, while amateur boxers battle for status and accolades in various tournaments and even the Olympic games. The promoter's industry made a total of $348 million in the past year. And this is supported by the fact that the Floyd Mayweather vs. Manny Pacquiao fight drew 4.6 million pay-per-view buys. That duel alone brought in US$410 million in income. Last year, Mayweather earned a total of US$285 million, with US$275 million coming from professional bouts and prize money.

Motorsports #9

The current global market for Motorsport has already surpassed the $5 billion mark. It is expected to cross the US$6.5 billion mark by the end of 2022, making it one of the richest sports in the world. Formula One, one of the most important motorsport events, earned an estimated $1.83 billion in revenue last year. Lewis Hamilton, who was named one of the top ten highest-paid athletes this year, earned a total of US$82 million, with on-track earnings accounting for US$70 million.

#8 Tennis 

This sport not only attracts some of the best athletes but also some of the wealthiest. The total market value of the tennis industry is around US$6 billion, which has contributed to tennis becoming one of the richest sports in the world. Although prize money has decreased since the pandemic, the average salary of a tennis player has remained in the $300,000 range. This year's richest tennis players include Roger Federer, Novak Djokovic, Rafael Nadal, Naomi Osaka, and Serena Williams.

#7 Cricket 

For a game that has been played more than 170 times in the narrative, it is in this last decade, since the emergence of T20 justice, that the game has expanded encyclopedia ally to over 100 countries. As of 2018, CNBC reports that a large share of the sport’s profit stems from India. And according to recent estimations, the total industry value of cricket stands at US$6 billion this year. One of the biggest cricketing festivals, the Indian Premier League, generated a profit of US$633.62 million (INR 4000 crore) last year, while the league itself is valued at US$5.6 billion.

#6 Golf

Golf, once known as the "rich man's game," has steadily grown in popularity over the years. According to recent reports, the golf industry's market value has surpassed US$7 billion. The sport's popularity has skyrocketed in recent years. According to a 2019 Golf Adviser article, the sport welcomed 2.6 million newcomers in 2018, nearly the same number as the previous year, a figure that remains an all-time high. Tiger Woods, the golfing legend, earned the most money in the sport last year, earning US$43 million.

#5 Baseball

While Cuba has won 25 world championships, it is Major League Baseball (MLB) in the United States that has popularised the game around the world. Baseball is currently valued at US$40 billion in the market. However, only a few countries actively compete in the sport. Despite playing an entire season with pandemic restrictions, the MLB generated $8.95 billion in revenue last season, with each franchise earning an average of $298 million. The Los Angeles Dodgers have four of the league's top six highest-paid players: David Price, Trevor Bauer, Clayton Kershaw, and Albert Pujols, all of whom earn salaries over US$30 million.

#4 Hockey on Ice

Ice Hockey, Canada's national sport and one of the most popular sports in the United States, is a fast-paced and specialized sport that has dominated western props. According to reports, the sport's total market value is around US$60 billion, with the National Hockey League (NHL) alone generating US$4.34 billion in revenue last year. On average, a professional in the NHL earns close to US$2.2 million per year. Needless to say, Canada and the United States play a significant role in that market value. Last season, Auston Matthews of the Toronto Maple Leafs earned the most money, earning US$15.9 million.

#3 Basketball 

The National Basketball League (NBA) has been the flag deliver of popularising basketball globally, from the Boston Celtics in the 1960s and 1970s to the Michael Jordan-led Chicago Bulls in the 1990s to the Kobe Bryant-led Los Angeles Lakers destiny. Basketball has a global market value of US$90 billion today. Last season, the NBA earned $6.27 billion in revenue, with each franchise earning a tidy $209 million. It's no surprise that this sport has some of the world's wealthiest athletes, with LA Lakers star LeBron James earning a mouthwatering US$96.5 million this year, according to Forbes.

#2 Football American (NFL)

Even though it is only played in the United States, the National Football League (NFL) has a market capitalization of nearly $200 billion, according to recent estimates. It is one of the largest sporting cardinals in the United States, and the cash flow generated is out of this world. The NFL earned an astounding US$11.39 billion in revenue last year, the most of any sporting league in the world, with teams earning more than US$350 million on average. Needless to say, the sport has some of the wealthiest athletes. According to Forbes, both Dak Prescott and Tom Brady are among the top ten highest-earning athletes this year.

#1Football

You will always find someone with a football at their feet, no matter where you go in the world. Football is the most popular and cherished sport in the world, with the highest industry share of any sport. It has a market value of $600 billion, accounting for 43% of the global sports market. Last season, the Premier League alone generated $5.43 billion in revenue, with leagues such as LaLiga Santander, Serie A TIM, and Bundesliga also generating significant cash flow. Cristiano Ronaldo and Lionel Messi, two of the greatest footballers of all time, are both among the top three highest-earning athletes; Messi earned a total of US$130 million this year, while Ronaldo earned a total of US$120 million.

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