What’s The Highest Paying Sport In The World [2022]

highest-paying-sport

“What’s the highest paying sport?” is a question put forth by so many individuals. This is a necessary question because sports can be an activity engaged in for fun or health reasons.

But asides from engaging in sports for the former, what if you can make good money by engaging in the right one and perfecting it.

Well, with this article, you will get useful insights on the best sports that pay well anywhere in the world.

So stay put and carefully digest this article that could make you a millionaire just by your engagement in a sport of your choice.

The answer to “what’s the highest paying sport”

In no particular order, the highest paying sports in the world would be given below. The truth is that no sport is better than the other, there are just factors that basically influence why one sport would pay better than the other.

1. BasketBall

basketball

National average salary: $7,422,820

Basketball is a sport enjoyed by all and sundry. This game is played on a basketball court. Being a sport that is enjoyed by all, it garners the attention of the public to the need to patronize the players.

When basketball players are signed, they are usually paid huge amounts of money because the game has a lot of sponsors.

Asides from the salary that the players are given, they also get huge endorsement deals that make them stand out (financially).

Some notable people in the sporting world are Shaquille O’Neal who has achieved 6th place in the Forbes list for richest players, LeBron James, Steph Curry, Kobe Bryant (Late), Michael Jordan, etc.

2. Boxing

boxing

National average salary: $37,501

To also answer “what’s the highest paying sport ”,  boxing cannot be excluded. Unlike most sports where the players are paid regular salaries, boxers only earn after a fight.

And this is how it works – before any fight, the boxer’s manager would negotiate for the boxer, and a contract would be drafted based on the fight.

All over the world, this sport is loved, and this makes it stand out too. And since boxers are not paid regular salaries they need to work hard to gain traction from viewers.

When viewers pick an interest in a particular boxer, it would be very easy for such a boxer to be awarded more contracts too. 

Some notable names in the field of boxing are Mike Tyson, Floyd Mayweather, Evander Holyfield, etc.

3. American Football

american football

National average salary: ranges from $860,000

This sport is also known as American football, and it is enjoyed by many. Though watched majorly by people in the United States of America.

The adrenaline rush experienced by viewers of this game cannot be compared to other games. The players are usually calculative, and they collide with each other as a form of defense.

But to minimize injuries during the games, the National Football League placed restrictions on the level of contact between players.

Asides from the salary paid to the players, they also get endorsement deals, which are usually worth millions of dollars.

Notable people in this line are Matt Ryan, Peyton Manning, Michael Vick, Tom Brady, Roger Staubach, etc.

4. Golf

golf image

National average salary: 2 million 

Golf is a game that is attributed to the millionaires and billionaires in a particular area. If this game is attributed to the rich, then you can imagine how much the players would be earning from it.

Everything about this game screams class, from the style of clothing to the pieces of equipment used. Not to forget, there is no running around during this game.

With the above listed, this game can be enjoyed by all ages. 

Some notable names in this field are Tiger woods, Arnold Palmer, Jack Nicklaus, Sam Snead, etc,

5. Soccer

soccer

National average salary: $3.3 million

Unlike American football which is enjoyed by most Americans, soccer makes a difference in the world.

Soccer is a game enjoyed by all age ranges. And it also rakes in revenue for the government too, increases tourism in a state, and encourages alliances between countries.

Being an answer to “what’s the highest paying sport”, it is also good to note that the salaries paid to the players are usually based on the team they play for, the league they belong to, their negotiation power, taxing, goals scored, photography rights, etc.

Some notable names in this line are David Beckham, Jay-Jay Okocha, Ronaldinho, Lionel Messi, Cristiano Ronaldo, etc.

6. Tennis

tennis

National average salary: $40,170 (for females) and $38,790 (male players)

Tennis is a very interesting sport that does not require running around like a football. As one of the highest paying sports,  it is actively engaged in by women and men. 

The governing body for tennis players is International Tennis Federation (ITF). The only side to tennis that makes most of its players not rich is the fact that a large percentage of the winnings is given to the winner of the game.

Notable names in this field are the Williams sisters, Rafael Nadal, Roger Federer, Andre Agassi, Jim Courtier, etc.

7. Ice Hockey

ice hockey

National average salary: $1.54 million to $.54 million

Ice hockey is a very interesting sport that also demands a lot from the players, due to its rigorous nature. Hence the name “Fastest Game on Earth”

To succeed in this field, you need to be good at handling, skating, and shooting. This game is a national winter sport of Canada and is now popular in Australia, the USA, and Russia.

This game is governed by National Hockey League (NHL)  and International Ice Hockey Federation (IHF).

Some notable names in this field are Wayne Gretzky,  Joe Sakic, Sergei Fedorov, etc.  

8. Baseball

baseball

National average salary: $4.43 million

This is one of the best paying sports that are popular in Japan, the USA, and South Korea.

International Baseball Federation (IBAF) is the governing body for this game.

The major way by which the players boost their income is with endorsements and sponsorship.

Some notable players in this field are Alex Rodriguez, Cecil Fielder, etc.

9. Auto Racing

car racing

National average salary: $112,038

This is a very interesting sport in Europe and the United States of America. Aside from being the most dangerous sporting event, it is also an interesting one.

Asides from the salary, the players earn from lesson fees, endorsement, etc.

Events such as the Grand Prix or NASCAR contribute to this sport being one to be envied.

Some notable names in this field are Michael Schumacher, Ayrton Senna, Nigel Mansell, etc.

10. Cycling

cycling

National average salary: $65,454

Charles Minthorn Murphy is the first cyclist to reach a distance of more than a minute in the year 1899.

Cycling is enjoyed by both the old and the young, and it helps keep one fit and active. Different cycling tournaments are held across the world.

And asides from the salary paid by the cyclists, they also make money through endorsement deals. 

Some notable names in this field are Lance Armstrong, Eddy Merckx, Greg LeMond, Fausto Coppi, etc.

Benefits of engaging in sports

  • Better Sleep

 Exercise and sport trigger chemicals in the brain that can make you feel happier and relaxed. And when you are happier and relaxed, you would have a good sleep.

  • A Strong Heart

Sports promote the flow of blood to the heart, and when there is an inflow of blood into the heart, it would dilate, and at the same time strengthen the muscles of the heart.

  • New Connections

During tournaments, elites and dignitaries visit the venue, and when they do, you can display your skills and also get to connect with them on a personal level.

  • Improved Lung Function

The body makes use of oxygen and exports carbon monoxide. If you engage in exercise and sports, there would be more inflow of oxygen and export of carbon monoxide. This keeps the lungs healthy and in good condition.

  • Increased Confidence

Engaging in competitions has always been a booster of people’s confidence level. With an increase in your participation, you would be less timid in crowds, and perform better as an individual, and in a team.

  • Reduces Stress

In the body, is a stress reliever hormone called endorphin. And this hormone is only released when you engage in stimulating activities such as sports.

Frequently Asked Questions (FAQs)

Answered below are some questions that you would like answers to, and you would definitely get them.

What’s the highest paying sport in 2022?

The highest-paid sport in 2022 is basketball. In this sport, players earn as high as 8.2 million U.S dollars.

Who is the highest-paid athlete in 2022?

The highest-paid athletes in 2022 are: 

  • Lionel Messi ($13 million)
  • LeBron James ($121.2million)
  • Cristiano Ronaldo ($115 million)
  • Neymar ($95 million)
  • Stephen Curry ($92.8 million)
  • Kevin Durant ($92.1 million)
  • Roger Federer ($90.7 million)
  • Canelo Alvarez, Boxing ($90 million)
  • Tom Brady ($83.9 million)
  • Giannis Antetokounmpo ($80.9 million), etc.

What are the lowest paying sports?

The lowest paying sports are Hockey, Bowling, Lacrosse, etc.

Conclusion

In conclusion, the answer to your question of “what’s the highest paying sport” has been answered above.

Hence, you can pick from any of the above, practice better and make a name for yourself in any of these.

To also be sincere with you, the people who make the highest money from sports never started making such in a day. It took years of resilience and discipline. 

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