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TODAY VIDEO IS ALL ABOUT Top 10 Richest Sports Leagues In The World. Biggest Sports League In The World 🌎.
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Whether cricket or football, sports have continued to entertain every generation. Over the years, the sport has become an industry generating billions of dollars in revenue each year. The global sports market has grown tremendously from $486.61 billion in 2021 to $512.14 billion in 2023. And by 2026, the numbers are expected to cross the $700 billion mark.
Lodging at the forefront of innovation and adaptation, sports leagues are a significant part of the global market with showbiz glamor and attract fans widely.
Here's the list of the 10 richest Sports Leagues in the world.
1. National Football League
LEAGUE Name NATIONAL FOOTBALL LEAGUE
Sport American Football
Formed 1920
Revenue $17 billion (2021)
Sponsors PepsiCo, Nike, Verizon, Bud Light.
National Football League Formed in 1920, the National Football League, or NFL, being the most valuable league tops the chart with a total revenue of $18 billion in 2022, with the Dallas Cowboys having the highest value of $7.64 billion. Aaron Rodgers from the Green Bay Packers taking the highest salary of $50.3 million for the 2022 season.
With the NFL's 32 franchises receiving the lion's share of the revenue, the league also houses 29 of the world's 50 most expensive stadiums. The NFL is known for its intense competition and high-stakes games. It is the highest level of professional American football, making it one of the most-watched sporting events in the world.
Most of its revenue comes through broadcasting rights, sponsorship and ticket sales, and the league's long-term contracts with telecom companies like ESPN, Fox, NBC, and others which fetch billions of dollars annually. The NFL has also partnered with several MNCs as PepsiCo, Nike, and Visa, to name a few. During the 2020 COVID-affected season, the league experienced pandemic-related shortfalls that decreased the revenue, causing the NFL to tune down the salary cap. But after two great seasons, the NFL is back on track with an ambition to reach $25 billion in revenue by 2027.
2. Major League Baseball
LEAGUE Name. MAJOR LEAGUE BASEBALL
Sport Baseball
Formed 1876
Revenue $11.5 billion
Sponsors Chevrolet, Mastercard, Chevrolet
The. second richest league we have is America's Major League Baseball, or MLB, with an estimated $11.5 billion in revenue, with the Los Angeles Dodgers earning the most remuneration of $5 million.
With an average player salary of $4.9 million, the salary cap jumped 11.1% to record the largest since 2001. In the history of MLB, Aaron Judge became the highest-paid position player with a $360 million nine-year contract with the New York Yankees.
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