People enjoy sports for a variety of reasons: they are enjoyable, interesting, healthful, unexpected, and they help us feel alive. However, the most successful sports leagues are largely profitable companies for sports executives. Check out the most profitable sports leagues in the planet. Sports are now one of the most profitable segments of the entertainment business, bringing in billions of dollars from a variety of sources. Sponsorships, ticket income, transfers, stadium leases, media deals, merchandise, and other money streams benefit sports leagues and clubs.
Professional sports produce enormous sums of money all around the world, but not all popular leagues are made equal. If you’ve ever wondered which of the leagues you watch makes the most money.
Champions League of UEFA
The Champions League, organized by the Union of European Football Associations, is among the numerous events that pit European soccer teams against one another across the country. Every year, 32 soccer clubs compete in this annual game, which produces an estimated $2 billion in revenue.
The overall attendance for the UEFA Champions League is 6,163,044 with an average crowd of 49,304. They are competed by top-tier European teams, with a group and knockout system determining the competition champions.
Serie A is a renowned Italian football league in Europe. The enormous number of world-famous players who play for teams in the nation contributes to its success. Every year, this league brings in an estimated $2.3 billion in income.
Broadcasting rights generate the majority of Serie A’s revenue. Commercial and sponsorship revenue comes in second, which makes perfect sense given Serie A teams’ success in major events.
The Spanish Premier League (La Liga)
Their major sports league, La Liga Santander, generated $4.5 billion in revenue in 2018. The popularity of the league is aided by the fact that the country is home to two of the world’s most powerful soccer teams: Real Madrid and Barcelona.
Commercial income and transfer revenues are two major variables influencing La Liga’s profitability. However, ticket sales and TV money are important for any league.
The English Premier League
Because of the Premier League’s global appeal, the tournament generates tremendous sums of money in advertising income. The league often claims revenues of more over $4 billion, with the most recent figures forecasting revenues of $5.3 billion for the league’s 2017 season. The Premier League is among the most valuable leagues in the world since it is home to some of the most expensive clubs in the world, like Manchester United, Manchester City, Chelsea, Liverpool, and others.
The Premier League generates roughly $5.3 billion in income each year, the majority of which comes from TV broadcasting rights, as do virtually all the other most lucrative sports leagues on this list.
The NFL, with $16 billion in revenue, is only a few of billion dollars away from being valued higher than all of the soccer teams on this list together. This is especially amazing given that the NFL isn’t particularly well-known outside of the United States and Canada. Despite its modest popularity, the league has produced some of the world’s wealthiest clubs and players.
The vast bulk of the NFL’s revenue comes from television contracts. The league sells television rights to the world’s largest media organizations, including FOX, CBS, NBC, ESPN, and others, for billions of dollars.