A sport is perhaps the only recreational activity that gels the whole world. Some people take active participation in sports others are passionate about watching them. The world of sports is ever-evolving and expanding and has produced many iconic sportspersons. There are over eight thousand sports, but few have attracted participation and viewership. Among those immensely popular sports, there are many contenders for the highest paid sport. Top sports professionals earn billions through endorsement, fees, and sponsorship.
In US and Canada, basketball is the most watched sport. The game was initialized by James Naismith in 1891 at YMCA (Young Men`s Christian Association). The game has become popular in the last few decades, and NBA is the highest-paying confederation in the world, with standard perks of $4.9 million annually. Every basketball player aspires to be a part of the NBA league. The second highest-paid sportsperson LeBron James belongs to the NBA with a projected net worth of $850 million. He is the first NBA player to become a billionaire. He endorsees companies like Pepsi, Walmart, and lifetime sponsor Nike.
It is a full-contact game dating back to 688 BC and lists as the second highest-paid sport. The popularity of the game has spread to every corner of the world, including Asia, Africa, Europe, and the US. As it is a full-contact game, to excel, a boxer must be the epitome of endurance, power, and skill. A successful boxer can earn millions through sponsorship, endorsement, betting, and appearance fee in the ring. Floyd Mayweather is a retired athlete and boxer with an estimated net worth of $915 million. In his fight against Conor McGregor in August 2017, Las Vegas produced proceeds of $550 million.
The game started in 1869; eleven players were there in a squad. This game is possibly the most watched sport in the US. The players, in addition to their contract fees, earn millions through sponsorship and advertisement. Professional NFL players earn around $7 million annually. Roger Staubach is the wealthiest NFL player, with a projected net worth of $600 million. He won the NFL Man of the year in 1978 and is currently CEO of an investment Management Company named Jones Lang LaSalle.
The sport is assumed to be the leisure of the rich and famous that does not need high endurance and strength. The club and ball game apparently looks easy but is hard to master. A professional golfer can play till his mid40s. The main earnings come from tours and events held in different parts of the world. Phil Mickelson is the highest-paid golfer of 2022, with an estimated net worth of $45.3 million, and won the PGA Championship 2021. Tiger Wood is the richest golfer in the world, with a net worth of around $800 million. From 2019 to 2020, he earned $63 million from various endorsements.
Football, aka soccer, started off in Great Britain in the 19th Century. Two teams consisting of ten players in each squad compete against each other. The highest-paid football players are KylianMbappe ($128 million), Lionel Messi ($ 120 million), Cristiano Ronaldo ($100 million), and Neymar ($ 87 million) accordingly.