All Sports Leagues have rich sources of income, but what about the Richest Sports League in the World?
A Sports League is considered to be a “Richest Sports League” with respect to the sum of the amount it earns through its organization, investments and shares.
People love spot because of many reasons there is fun ,excitement, healthy ,unpredictable and they make the peo feel alive. But nowadays sports leagues have become a profitable business.
Sports leagues have become one of the most integral parts of the entertainment Industry all over the world. They provide various sources to earn money. The sports leagues make profit from ticket revenues, transfer ,Stadium rental ,broadcasting rights, sponsorship, Merchandise and many more things.
The franchise is are usually owned by entrepreneurs who invest huge amount into new players, stadiums and the brands. They want to to earn profit As Quick As Possible.
Here are the top 5 Richest Sports Leagues In The World
English Premier League
The English Premier League is the the most watched League in the world, in case of football. Only the teams from England and Wales participate in the sport League but it is followed by fans all round the world.
The English Premier League is one of the richest leagues in the world and it has some of the most expensive football clubs – Liverpool, Chelsea ,Manchester United and Manchester City.
The English Premier League guns 5.3 billion dollars as revenue in a year coming from broadcasting rights.
The English Premier League is the fifth richest League in the world.
Indian Premier League
The popularity of cricket is increasing day by day. Cricket is one of the least watched Sports in the world but IPL is the fourth richest League in the world. The Indian Premier League is considered to be one of the toughest League in the world. India is the home to 140 crore people and cricket is their religion.
IPL consists of only 8 teams and the league is played for around 50 days but eventually it makes the total revenue of 6.3 billion dollars. The use part of the Indian Premier League annual revenue comes from the broadcasting rights with Star Sports network , worth 2.55 billion dollars.
Amazingly, IPL is the Fourth richest League in the world.
National Basketball Association
The National basketball association or NBA is popular worldwide. Basketball is one of the most followed sports in the world. NBA is followed in North America and other parts of the world.
Just like other leagues in the world the NBA also earns its major income from the broadcasting rights. NBA earns 2.6 Billion Dollars per year with just selling their broadcasting rights.
The average value of an team is 1.87 billion dollars. The most valuable team is New York Knicks ,worth 3.6 billion dollars followed by Golden state Warriors, Los Angeles Lakers and Chicago Bulls.
NBA is the third richest League in the world with the approx revenue of 7.4 billion dollars.
Major League Baseball
The major Baseball League is the another sport League which is not popular all over the world. The MLB is only popular in United States of America. Despite having search low popularity the MLB graph the second position on the list of richest leagues in the world.
The major League baseball earns around 10 billion dollars annually and each team participating brings a profit more than 300 million dollars. It earns its major part of the profit from broadcasting rights to regional Sports network. Only 6 out of 50 most valued teams come from this MLB League. Spectators are also the major source of funding for the MLB.
Major League Baseball is the 2nd Richest Sports League In the World.
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National Football League
The European football league is more popular than the American Football League but the National Football League of America is the richest League in the world.
The National Football League is valued at 13 million dollars it generates every year. The National Football League consists 29 out of 50 richest franchise in the world . Dallas Cowboys are the most valuable sports franchise in the world.
Like The Other sports leagues the NFL also generates its major revenue from broadcasting rights. It sells the broadcasting rights for billions of dollars to the biggest media houses in the world such as CBS ,espn, FOX and so on.
The National Football League also earns from different brand advertisements and sponsorships from health companies ,sports brands ,Financial Institutions and so on. Its major fans are from USA and Canada.
Henceforth, National Football League is the Richest Sports League In the World
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