Sports play an important role in our life. From the early years of childhood to the later years of life where we take sport very seriously, where we consider it a hobby, a fitness ritual and sometimes even a profession. But for sports executives, the most profitable sports leagues are primarily a profitable business. Sports teams are usually owned by billionaires who invest massive amounts of money into new players, new stadiums and arenas, and brand management. A lot of sports fans overlook the fact that their beloved team is primarily a big business.
Sports enterprises have proved to be a truly profitable branch of the entertainment industry. They make incredible sums of money. Today, professional sports leagues have become one of the most lucrative entertainment industries in the world, generating billions of dollars from a variety of sources. These sources include; Sponsorships, ticket sales, events, transfers, stadium rentals, broadcast deals, merchandise, gambling, and more.
Here are the top 10 richest sports leagues in the world.
|1.||National Football League (NFL)||$16 billion|
|2.||Major League Baseball (MLB)
|10 $ billion|
|3.||National Basketball Association (NBA)||$8 billion|
||Indian Premier League (IPL)||$7 billion|
|5.||English Premier League (EPL)||$5.3 billion|
|6.||National Hockey League (NHL)||$4.8 billion|
|7.||la liga||$4.5 billion|
|9.||Serie A||$2.3 billion|
|10.||UEFA Champions League (UCL)||2 billion|
Top 10 richest sports leagues in the world 2022