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Sports, which are popular among people of all ages, have already established itself as a successful career.
Sports unifies the world and can bring enormous pleasure or sadness to a person in a matter of time. The sports sector is one of the world's wealthiest industries.
Apart from providing pleasure for its spectators, it also serves as a lucrative vocation for its countless athletes and sportsmen. Athletes who make a living as professionals are paid millions of dollars each year.
We'll take a look at the top 10 richest sport in the world, as well as their most renowned players, in the sections below.
In this guide, we ranked and reviewed the Top 10 best richest sport in the world
Top 10 Richest Sport In The World
Ranking | Name | Revenue |
---|---|---|
1 | Football | $600 billion |
2 | American Football | $200 billion |
3 | Baseball | $9.56 billion |
4 | Auto Racing | $6 billion |
5 | Cricket | $6 billion |
6 | Tennis | $6 billion |
7 | Moto Racing | $6 billion |
8 | Ice Hockey | $4.34 billion |
9 | Golf | $4 billion |
10 | Boxing | $1.22 million |
Also Read :
Top 10 Richest Sport In The World | World Richest Game
1. Football
Soccer is a team sport in which two teams of 11 players compete with a spherical ball.
It is currently the world's most popular sport, with roughly 250 million players in over 200 nations and territories.
The object of the game is to accomplish more goals than the other team by getting the ball over the goal line and into the opposing goal in 90 minutes
or less.
Football is administered globally by the International Federation of Association Football, which conducts World Cups for men
and women every four years.
It's indeed worth almost $600 billion in total, accounting for nearly 43% of the global financial sports market. Just Below American football , soccer is the richest sports in the world.
3 Most famous player -
2. American football
American football, often known as gridiron in the United States and Canada, is a team sport in which two teams of eleven players compete on a rectangular field with goalposts at each end.
The offensive, or team in possession of the oval-shaped football, strives to advance down the field by rushing or passing the ball, while the defence,
Or team without custody of the ball, attempts to halt the offense's progress and seize control of the ball.
It is currently worth over $200 billion as a global industry making it the " richest game in the world ". The average NFL player earns $860,000 per year.
With the Superbowl happening in 2022 , American football also was the richest sport in the world in 2022.
3 Most famous player -
3. Baseball
Baseball is a bat-and-ball sport in which two opposing teams of nine players compete against each other.
Baseball has a market capitalization of US$40 billion. The main goal of baseball is to hit the ball with a club as far as possible
and correctly within the field's boundaries, then run through the four bases until you reach the last one, when you gain a point.
The total revenue of all Major League Baseball teams was 9.56 billion dollars in 2021.
The average revenue per MLB franchise was 318.53 million dollars in the United States.
3 Most famous player -
4. Auto Racing
Auto racing, commonly known as motor racing, is competitive motorsport that involves the racing of automobiles.
Formula One and the IndyCar Series are the two most popular open-wheel road racing series.
F1 is a global series that only competes on street circuits and race tracks. These automobiles are heavily reliant on technology and aerodynamics.
The IndyCar Series is by far the most popular in the United States. By 2022, the global market for Motorsport is expected to be worth $6 billion.
Formula One's total revenue for 2021 increased by roughly 87 percent to US$2.14 billion.
With only a limited amount of audience , auto racing still manages to generate a huge revenue, as it is among the top 5 richest sport in the world.
3 Most famous player -
5. Cricket
Cricket is a bat-and-ball sport in which two teams of eleven players compete on a field with a 22-yard (20-meter) pitch in the middle and two wickets
At each end, each with two bails balanced on three stumps. This sport is played by about 15 countries in international championships.
According to a recent estimate, cricket's entire industry value topped $6 billion this year.
Last season, the Indian Premier League,
One of the most popular cricket events in the world, grossed $633.62 million. It is one of the most popular sports, and it is rapidly increasing in popularity.
Despite having its major popilarity in India and United Kingdom , crickets makes it in the list of the richest sport in the world.
3 Most famous player -
6. Tennis
Tennis is a racket sport that can be played either solo (singles) or between two teams of two players each (doubles).
The Australian Open, which is held on hard courts, the French Open, which is held on red clay courts, Wimbledon, which is held on grass courts,
And the US Open, which is also held on hard courts, are the four Grand Slam competitions.
Tennis has a total market value of roughly US$6 billion, contributing to the sport's rise to become one of the richest sports in the world.
3 Most famous player -
7. Motor racing
The present global market value of the motor racing sector has already surpassed $5 billion by 2021.
By 2026, the global market value of this field is expected to reach $9.4 billion.
Formula 1, the world's most popular motorsport
And the highest level of open-wheel racing, is considered the pinnacle of all motorsport.
In 2022, the average yearly salary for racing stars is expected to be over $70,000.
Professional racers can earn up to $200,000 each race in major events like the Grand American Rolex Series.
3 Most famous player -
8. Ice Hockey
Ice hockey is a winter team sport played on ice skates, typically on an ice-skating rink with sport-specific lines and markings.
Two opposing teams use ice hockey sticks to manage, move, and shoot a closed, vulcanized
rubber disc known as a "puck" into the other team's goal in ice hockey.
The total market worth of the sport is estimated to be approximately US$60 billion, with the National Hockey League (NHL) alone bringing in US$4.34 billion in income last year.
The average salary of a professional NHL player is expected to be around $2.69 million in 2021.
3 Most famous player -
9. Golf
Golf is a club-and-ball sport in which contestants attempt to hit balls into a series of holes on a course in as few strokes as possible.
Golf, also known as the "rich people's sport," now has a net worth of 7 billion dollars. A pro golfer who participates in golf tours earns almost $80,000 per
year on average.
The Masters, the U.S. Open, The Open Championship, and the PGA Championship are the four most prestigious men's tournaments of the year.
3 Most famous player -
10. Boxing
Boxing is a combat sport in which two persons in a boxing ring throw punches at each other for a fixed amount of time
while having protective gloves and other protective equipment such as hand wraps and mouthguards.
On average, a skilled professional boxer earns roughly $50,000 per year.
There are two types of boxing: amateur and professional.
Amateur boxers can be spotted wearing protective gear at the collegiate level, as well as at the Olympic Games, Commonwealth Games, Asian Games, and other sporting events, while professional boxing is free of any protective equipment.
A battle between Floyd Mayweather and Manny Pacquiao, which took place on May 2, 2015, was the wealthiest of all time.
3 Most famous player -
Conclusion
To summarise, these are the top 10 richest sport in the world and their most renowned players. football is currently one of the richest sports in the world, with a market worth over 600 billion dollars.
Other sports on the list of richest in the world include baseball, cricket, golf, boxing, and tennis, among others. These sports frequently pay their athlete's large sums of money.
Many well-known athletes who participate in these sports are also among the wealthiest athletes in their respective fields. Overall, we can state that these are the world's most popular and highest-grossing sports.
Frequently Asked Questions
Q1. Which sport is the richest sport in the world ?
Ans. Football is the richest sport on the planet and is one of the most popular sports in the United States, with between 390 and 410 million fans worldwide.
Football, Tennis, Baseball, Boxing, Cricket, Ice Hockey, Golf and motor sports are among the richest sports in the world. With a net worth of about $600 billion,
Q2. What is the richest sport in the world 2022?
Ans. Football is the most popular and well-liked sport in the world, with the largest industry share of any sport. It has a $600 billion market value and controls 43% of the global sports market.
Cristiano Ronaldo and Lionel Messi, two of the best players of all time, are among the world's top three highest-paid athletes.
Q3. Which is the richest sport in the world 2021?
Ans. Soccer, commonly known as football, is one of the most popular sports in the world.
UEFA Champions League, UEFA European Football Championship, FIFA World Cup, and UEFA Europa League, among others, are some of the highest-grossing athletic events in the world each year.
Q4. Who is the No 1 richest sports person in the world?
Ans. Michael Jordan is a former professional basketball player from the United States. Michael Jordan's net worth is expected to reach $2.2 billion in 2022, making him the world's richest sportsman.
Michael Jordan, largely recognised as the best player in NBA history, won six championships with the Chicago Bulls.