Top 10 Richest Sports in the World 2020

October 20, 2020 By Sourav


Top 10 Richest Sports in the World 2020

Sports, one of the favorite activities among all ages, already secured its place as a lucrative profession. Professional athletes now earn in millions and hold their places among the richest people on planet earth. Besides immense popularity among fans, sportsmen also enjoy a lavish lifestyle that no one can even think of. And, it became only possible as there is a huge money flow now happening in the sports industry. Besides, people are now getting attracted to some of the richest sports in the world while having the fame and money on their mind.

According to a recent study, the estimated size of the sports industry already touched $1.3 trillion worldwide. Only the US has its fair share of $520 billion. One of the most reputed media organizations, Forbes, recently published a report on sports media rights. And they estimated that it will rise from $15 billion in 2014 to $21 billion in 2020. Unbelievable, isn’t it? Now, take a look at the full scenario of the Richest Sports in the world in 2020 or you can say Highest Paid Sports in The World.

Top 10 Richest Sports in the World in 2020

10. Auto Racing

Auto-Racing
Auto-Racing

The current global market value of the auto racing industry already touched $5 billion in 2020. By 2022, it is supposed to cross the $6.5 billion benchmark. And, that feat alone has earned it the place among the richest sports in the world this year. As of 2020, the average income of racing stars touched $70,000 per year. However, pro drivers earn up to $200,000 per race in big events such as the Grand American Rolex Series.

One of the biggest events of Auto racing, Formula One, has earned an estimated revenue of $1,830 million last season. Each team of F1 has its fair share of $166.4 million. Sebastian Vettel also earned his place among the top 20 highest-paid athletes this year. He earned a total of $42.3 million, out of which, $42 million came through his tournament earnings.

9. Tennis

Tennis
Tennis

This sport not only houses some greatest tennis players but also some of the richest. This year, the total tennis industry touched $6.06 billion in market value. And, that value itself helped this sport to become one of the richest sports in the world in 2020. Although it has just 1.1% growth last year, the average salary of professional tennis athletes touched nearly $300,000. And, a significant number of tennis players also earn in millions.

ATP Finals has awarded nearly $4.5 million in total prize money. French Open or Roland Garros, one of the best tennis tournaments, fetched nearly $2.6 million prize money this year. Roger Federer holds his spot among the top 10 high-paid athletes in 2020 with a total income of $77.2 million. Besides, Rafael Nadal also achieved his place among the top 20 with $41.4 million total income.

8. Boxing

Boxing
Boxing

The world now mainly enjoys two types of boxing these days, amateur and professional boxing. Amateur boxers usually get prestigious awards as they compete in the Olympic Games. But, the real money flows in professional boxing. Only the promoter’s industry in professional boxing already touched $348.4 million last year. Besides, a good professional boxer earns around $50,000 on average yearly salary.

Who can forget the Floyd Mayweather vs. Manny Pacquiao bout where it touched 4.6 million PPV buys? Besides, that fight of the century has earned $410 million in revenue. One of the greatest boxers, Floyd Mayweather, topped the list of highest-paid sportsmen this year with a total earning of $285 million. He earned $275 million through his prize money and the rest came through his endorsements.

7. Cricket

Cricket
Cricket

Only 15 countries play this sport and actively take part in international competitions. However, it surely deserves its place among the richest sports in the world this year due to the overall cash flow. According to recent estimation, the total industry value of cricket touched $6 billion this year. Besides, the average yearly salary of a professional cricketer also touched nearly $60,000 in 2020.

One of the biggest cricket events, the Indian Premier League, has earned $633.62 million last season. Besides, each franchise of that tournament bagged $79.2 million in revenue on average. Indian skipper and one of the best cricket captains, Virat Kohli, holds his place among the richest athletes in 2020. This year, he earned nearly $24 million, the most among all professional cricketers. Kohli made most of his money, around $20 million, through his endorsement deals.

6. Golf

Golf
Golf

Known as the game of the rich people, Golf, recently witnessed a sharp uprising of popularity. It is not because of fame but also for the money attached to this sport. The total golf industry value has already touched $7 billion worldwide according to recent studies. On average, a pro golfer participating in golfing tours earn nearly $80,000 per year. And several great players earn in millions these days.

The US Open, one of the best PGA tours, had a total purse value of $10 million last year, enough to call it one of the richest sports. The top finisher last year has earned $1.8 million from that tournament alone. One of the greatest golfers of all time, Tiger Woods, has earned $43.3 million last year, most among all golfing stars. He has earned $29.9 million through tournament prizes and $13 million through his endorsement deals.

5. Football or Soccer

Football
Football

The most popular sports in the world, association football or soccer, has the highest industry share among all sports. It has a total industry value of nearly $600 billion, 43% of the whole global financial sports market. Footballers participating in Premier League now earn an average yearly salary of 1.5 million. Another popular tournament, MLS, assures nearly $600,000 average yearly salary to its footballers.

Premier League has earned $5,430 million in revenue last year with an estimated revenue of $267 million per team. And, that feat helped it to secure its place among the richest sports in the world right now. Two of the greatest footballers of all time, Cristiano Ronaldo and Lionel Messi, hold their places among the top-3 high paid athletes this year. Messi earned $111 million in total and Ronaldo bagged $108 million this year.

4. Ice Hockey

Ice-Hockey
Ice-Hockey

The national sports of Canada and one of the most popular sports in the US, Ice Hockey, houses some of the richest athletes. According to recent reports, the total industry value to ice hockey already touched $60 billion this year. Needless to say, the US and Canada have the highest stake in that market value. A professional ice hockey player participating in NHL earns an annual average salary of $2.2 million. And, that stat helped it to secure its place among the richest sports in the world in 2020.

The National Hockey League has earned a total revenue of $4,338 million last year. Each team participating in the NHL has its fair share of $140 million. The cover star of EA Sports NHL 18, Connor McDavid, has earned $19 million this year. He bagged $15 million as a salary from his team. Besides, he also earned $4 million from his endorsement deals with megabrands such as Adidas, BioSteel, CIBC, and Rogers Communications.

3. American Football

American-Football
American-Football

Often called the Gridiron, American Football deserves third place in our list of richest sports in the world in 2020. It currently has an overall global industry value of nearly $200 billion according to recent estimations. The average income of players participating in the National Football League touched $2.4 million this year. Needless to say, flagship players of all the franchises earn much more than that.

NFL has generated an unbelievable $11,394 million in revenue last year, the most among any league of any sport. Besides, NHL teams generated an average of $356.1 million in revenue this year. Matt Ryan and Matthew Stafford have earned their place among the top 10 highest-paid athletes this year. Ryan made $67.3 million in total this year and Stafford secured $59.5 million in his pocket.

2. Basketball

Basketball
Basketball

Michael Jordan first uplifted the global popularity of this sport, although it has huge popularity in the US since the beginning. Basketball now has an estimated global market value of $90 billion according to recent reports. And without any doubt, the US holds the most share out of it. Any player participating in NBA now earns nearly $3.8 million average annual salaries as of 2020. Besides, they also have huge endorsement deals in their portfolios.

National Basketball Association has generated $6,271 last year in revenue. And, each franchise of the NBA has generated annual revenue of $209 million this year. Needless to say, those stats pushed it to secure the second place in our list of richest sports in 2020. Basketball star LeBron James has earned $85.5 million this year. He bagged $33.5 million from his team as salary and $52 million through his endorsement deals.

1. Baseball

Baseball
Baseball

The richest sport in the world, Basketball, has a lesser market share but it holds the top spot due to the unbelievable average yearly salary of the players. A professional athlete participating in MLB currently earns an annual average salary of $8.5 million. And, flagship players earn way more than that. Baseball has a current industry value of nearly $40 Billion. However, very few countries actively participate in this sport.

The top-tier tournament of baseball, Major League Baseball, has generated $8,957 million last year. Besides, each team has also generated an average of $298.6 million this year. Clayton Kershaw, one of the best baseball players, has earned $34.5 million last year. He secured $33.8 million from his team as an annual salary. Besides, he also made $750,000 through his endorsement deals in 2020.

Sports like volleyball, track & field, and mixed martial arts also deserve their mentions in this list. Many great players participating in these sports have secured their places in the list of richest sportsmen this year. However, we just took 10 main sports for this list. And, don’t forget to share your opinion about this list of richest sports in the world in 2020 in the comment box below.

Leave a Reply

  1. Olatunjiqureeb
    olatunjiqureeb October 27, 2019 15:13

    WOW

    1. Roger Scharf
      roger scharf December 16, 2019 23:32

      you should proof read your articles before publishing

    2. Karen N Mehden
      Karen N Mehden June 3, 2020 14:48

      Yes but Football is the highest rated sport on TV.

  2. Ibrahim Muzo S Bangura
    Ibrahim Muzo S Bangura November 22, 2019 20:32

    Thanks for your answers are this real of 2019

    1. Ibrahim Muzo S Bangura
      Ibrahim Muzo S Bangura November 22, 2019 20:33

      Great job thanks

  3. Jamesmolley
    jamesmolley November 24, 2019 14:01

    What's the world reached player name in football

  4. Jamesmolley
    jamesmolley November 24, 2019 14:06

    Who have seeing God?and how you know God?and how God look like???

  5. Kelechi
    Kelechi November 30, 2019 02:14

    I don't believe baseball is the richest sport in the world. i thought the richest sport is boxing

    1. Sourav Das
      Sourav Das December 12, 2019 02:37

      Yes, boxing has some serious amount of money. But, very few boxers now share most of that money. On the contrary, Baseball is a team game where all the teams get their fair share.

    2. Dennis
      Dennis May 26, 2020 03:12

      you are not getting the writer's issue here.....his standings are based on average earnings at value

  6. Frolep Rotrem
    frolep rotrem January 18, 2020 07:44

    Thank you for the sensible critique. Me and my neighbor were just preparing to do a little research about this. We got a grab a book from our area library but I think I learned more from this post. I am very glad to see such great info being shared freely out there.

    1. Sourav Das
      Sourav Das January 19, 2020 01:20

      Thanks for the appreciation. And, keep visiting!

  7. Tavershima
    Tavershima March 21, 2020 01:58

    Football is the richest

    1. Sourav Das
      Sourav Das March 22, 2020 00:26

      For the soccer fans - Yes, but statistically - No. :P
      Anyway, thanks for visiting our sports blog!

  8. Jay
    Jay March 30, 2020 20:10

    I think this is one of the such a lot of vital info for me. And, I am satisfied reading your article. But should commentary on some basic issues, The website taste is wonderful, the article is actually great. :D. Good task, cheers.

    1. Sourav Das
      Sourav Das March 31, 2020 00:26

      Thanks for the appreciation, mate! Keep visiting!

  9. Miracle
    Miracle May 17, 2020 07:52

    Wow

    1. Sourav Das
      Sourav Das May 18, 2020 01:26

      Thanks for visiting our sports blog! Don't forget to share with your friends.

    2. Napoleon Destiny
      Napoleon destiny June 29, 2020 07:27

      For me the info is very much correct for the fact that basketball is included

  10. Ikechukwu
    Ikechukwu May 20, 2020 04:11

    How about WWE,
    I thought wrestling was also doing very good.

    1. Sourav Das
      Sourav Das May 21, 2020 01:27

      It pays quite big. But, you can't count it among the richest.
      The average pay of WWE is way lesser than other big sports like NBA or MLB.

  11. Kingkane
    Kingkane May 24, 2020 18:19

    Sir , nice and great work but my querie is how baseball makes a better average than basketball I mean this is BASKETBALL with a man of among the richest sport icons.

    1. Sourav Das
      Sourav Das May 25, 2020 00:03

      There is no answer to this 'How'. Baseball makes a better average than basketball, that's a fact, not a story.
      And, thanks for visiting our sports blog, mate. Keep visiting!

  12. Peter
    Peter June 14, 2020 09:34

    American sports are made for tv.That's why they have commercial breaks every 10 minutes,and the big salaries for players come from.I live in US since 1970 and this is why I can't watch MLB,NFL,NBA,Or NHL.If FIFA World Cup or any other match would have commercial breaks,I would stop watching.

    1. Sourav Das
      Sourav Das June 15, 2020 00:48

      You are right. They earn a lot from television commercials as well as from huge endorsements.

  13. Akajido Destiny
    Akajido destiny July 15, 2020 15:52

    I love baseball so much

    1. Sourav Das
      Sourav Das July 15, 2020 22:57

      Yes, baseball is a great sport, indeed.
      And, keep visiting our sports blog!

  14. Martin Anderson
    Martin Anderson July 22, 2020 08:22

    I think I see the problem with this report. The average Premier League (top 20 teams) salary is around 3m or say $4m but in the UK there are normally 138...ish professional clubs..92 England, 46 Scotland plus Wales and Northern Ireland teams. The lower league teams don't earn as much. So the UK premier league is richer than the NHL on its own but is dragged down by the popularity of the sport globally. A bit odd then that you only seem to take US figures for the sports when Basketball is a truly global sport and baseball is popular in Japan and Latin America?

    1. Josh Ikechukwu
      Josh Ikechukwu July 27, 2020 14:03

      A bit odd and deceiving when you wrote Baseball forgetting that countries in other parts of the world play baseball and they don't make as much money as they do in Football (as a sport and not just individual leagues.)

  15. Akusumbiik Samuel
    Akusumbiik Samuel October 14, 2020 13:21

    I love baseball game

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