These lists support the fact that athletes are among the highest-paid entertainers in the world. Whether it is the salary from the games or the prize money or the amounts from their endorsements, the amounts earned are huge. Each game and tournament help the players make a large amount of money.
List of Highest Paying Sports in the World 2020.
Charles Minthorn Murphy in the year 1899 became the first cyclist to cover a mile in under a minute. The famous cyclists get good amounts of money from their endorsers. One of the most controversial athletes of modern days Lance Armstrong achieved 9th place in the Forbes list of Richest Players in 2010.
It still remains one of the major sports of the United States. It has more than 2.1 million participants in the United States. Alex Rodriguez achieved the 7th place in the Forbes list of Richest Players in 2003 with a total income of $26 million and again achieved the 9th place in 2004 with a total income of $26.2 million and in 2011 with $35 million total income.
8. Ice Hockey
The fast physical sport, Ice Hockey, is often known as the name “The Fastest Game on Earth. Participants have achieved positions in the Forbes list of Richest Players. Legendary ice hockey player Wayne Gretzky achieved 5th place in the list in 1994 with a total income of $13.5 million. And since then, ice hockey holds its place among the richest sports to play.
He again achieved 10th place in the list in 1995 with a total income of $14.5 million. Canadian ice hockey player Joe Sakic achieved 9th place in 1997 with a total income of 17.9 million. Russian international ice hockey player Sergei Fedorov also achieved the 3rd place in the list in 1998 with $29.8 million total income.
Tennis is the most popular recreational sport and is played by millions. Legendary tennis player Andre Agassi achieved 6th place on the list in 1992. Jim Courier achieved 9th place in the Forbes list of Richest Players in 1993 with a total income of $12.6 million. Recent days’ legendary tennis star Roger Federer achieved 6th place in 2008 with $35 million total income. He again got the spot in 2010 with $43 million total income and again in 2013 with $71.5 million total income.
Football or soccer is one of the highest paying sports contracts. English football player. He again achieved the 7th place in the list in 2005 and achieved the 6th place in the Forbes list of Richest Players in 2007. Brazilian soccer star Ronaldinho achieved 9th place on the list in 2007. Last year, Portuguese footballer Cristiano Ronaldo achieved the 1st place in the 2017 Forbes list of richest players with a total income of $93 million. At the moment Messi is the highest-paid footballer in the world, followed by Ronaldo.
5. American Football
American Football earns its place among the highest paying sports in the world. Players frequently have achieved positions in the Forbes list of Richest Players. Besides the players, it also houses some of the highest paying sports management jobs. Joe Montana first achieved 7th place in the Forbes list in 1992 with a total income of $9.5 million.
Legendary golfer and one of the most successful athletes of any genre, Tiger Woods, still holds the history of achieving the first place in Forbes list of Richest Players, a record eleven times. He first topped the Forbes list in 2002 with $69 million. Then in 2003 with $78 million, in 2004 with $80.3 million, in 2005 with $87 million, in 2006 with $90 million, in 2007 with $100 million, in 2008 with $115 million, in 2009 with $110 million, in 2010 with $105 million and in 2011 with $75 million. Long before Tiger Woods’ achievements, Jack Nicklaus achieved the 3rd place in the list of richest players. He earned the spot in 1994 with $14.8 million. Besides, in the same year, Arnold Palmer also achieved the 4th place on the list with a total income of $13.6 million.
3. Auto Racing
Many events such as the Grand Prix of Formula1 or NASCAR earned its reputation for being one of the highest paying events in the sports universe. F1 legend Michael Schumacher achieved the first place of the Forbes list of Richest Players in 1999 with a total income of $49 million.
He again achieved the same in 2000 with $59 million. Long before that, AyrtonSenna achieved the 3rd place of Forbes list of Richest Players in 1992 with $22 million. And the same year Nigel Mansell also achieved the 4th place on the list with a total income of $14.5 million.
The game of boxing made its mark among the best paying sporting event. It also earns its place as one of the most dangerous sports of modern days. Well-known boxers earn huge amounts as prize money. They also get good amounts of profit from Pay-Per-View commissions, and endorsements. One of the greatest boxers Mike Tyson topped the Forbes list in 1991 with $28.6 million. He again repeated the same in 1996 with a total income of $75 million.
Famous basketball tournaments received many compliments for being among the highest paying sports leagues. The participants get a huge salary from their teams. Besides, they also earn millions from numerous of their endorsements. Basketball player Michael Jordan tops the Forbes list of Richest Players with $35.9 million in 1992. And now, it also holds its place among the most popular sports in America.
He then achieved $36.0 million in 1993, $30.01 million in 1994, $43.9 million in 1995, $78.3 million in 1997 and $69 million in 1998. That’s what attracts many youngsters to a career in this area. However, it takes more than just the desire for wealth and fame to be a good sportsperson. One needs an acute love and skill, without which, one cannot give his best.