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The Highest Paid Sport in America

Mike Miller September 23, 2022 4 min read
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In a country obsessed with professional sports, it’s no surprise that baseball is the highest paid sport in America. But what may come as a surprise is just how much money the top players in the game are making.

The average salary for a Major League Baseball player is $3.2 million, but the top players in the game are making much, much more than that. In fact, the top 20 highest-paid baseball players in America are all making over $20 million.

Table of Contents

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  • Introduction
  • The NFL: America’s Highest Paid Sport
  • NBA: America’s Second Highest Paid Sport
  • Is baseball the highest paid sport
  • Boxing: America’s Fifth Highest Paid Sport

Introduction

In America, baseball is often considered the highest paid sport. With the large contracts that players receive, it’s no wonder why this is a popular opinion. However, when taking a closer look at the numbers, it’s clear that baseball isn’t the highest paid sport in America. In fact, basketball and football players make more on average than baseball players.

The NFL: America’s Highest Paid Sport

What is the highest paid sport in America? The answer may depend on how you judge “highest paid.” If you consider only the athletes’ salaries, then baseball players earn the most money. If you take into account the value of television contracts and other revenue, then the National Football League (NFL) is America’s highest-paid sport.

In 2015, the average MLB player earned $3.2 million per year. The average NFL player earned $2 million per year. But when you factor in the NFL’s $7 billion in annual television revenue, each player’s share of that pie comes out to about $5 million. That’s more than double what MLB players get from television contracts.

It’s not just television revenue that makes the NFL America’s highest-paid sport. The league also generates billions of dollars from ticket sales, merchandise, and licensing fees. In all, the NFL is worth an estimated $13 billion. That’s more than twice the value of MLB ($6 billion), which is America’s second-most valuable sports league.

So when it comes to generating revenue, there’s no question that the NFL is America’s highest-paid sport. But it’s important to remember that player salaries are only a small part of that equation.

NBA: America’s Second Highest Paid Sport

The National Basketball Association (NBA) is the second highest paid sport in America, behind only Major League Baseball (MLB). The average NBA player salary is $4.9 million per year, or about $24 million per year when adjusted for inflation. Compared to other major North American sports leagues, the NBA’s players are the best paid. Major League Soccer (MLS) players, for example, make an average of just over $3 million per year.

Is baseball the highest paid sport

No, baseball is not the highest paid sport in America. The average salary in Major League Baseball is $4 million. That’s the third highest average of any major sport in America, behind only the NBA and NHL. MLB also has the highest minimum salary at $545,000. So if you’re good enough to make it to the big leagues, you’re going to get paid pretty well.

While baseball may not be the highest paid sport in America, it is certainly among the top earners. Players in the MLB earn an average salary of $4 million, with the highest earners making over $30 million per year. In comparison, the average NBA player earns $7.6 million per year, and the average NFL player earns $2.7 million per year.

NHL: America’s Fourth Highest Paid Sport

The National Hockey League (NHL) is America’s fourth highest paid sport, behind Major League Baseball (MLB), the National Basketball Association (NBA), and the National Football League (NFL).

The average salary for an NHL player is $2.7 million per year, compared to $3.2 million for an MLB player, $4.6 million for an NBA player, and $4.1 million for an NFL player.

However, when factoring in the number of players on each team’s roster, the NHL has the highest average salary per player of any American professional sport, at $7.1 million per team.

The NHL’s popularity has grown in recent years, thanks in part to expanded television coverage and the league’s expansion into new markets. The league is currently composed of 31 teams, up from 24 just a decade ago.

As the NHL continues to grow in popularity, it is likely that player salaries will continue to rise as well.

Boxing: America’s Fifth Highest Paid Sport

Boxing, America’s fifth highest paid sport, has had a long and illustrious history. The sport’s origins can be traced back to the late 18th century, and it has been a popular form of entertainment ever since.

While boxing was once the most popular sport in the United States, it has since been eclipsed by other sports such as baseball, football, and basketball. Nevertheless, the sport still enjoys a considerable amount of popularity and there are a number of high-profile boxing matches that take place every year.

While many people assume that baseball is the highest paid sport in America, this is actually not the case. In fact, boxing is actually the fifth highest paid sport in America, with the average boxer earning $27.4 million per year. This figure is based on the salaries of the top 10% of earners in the sport.

Conclusion

While baseball may not be the highest paid sport in America, it is certainly among the top earners. Players in the MLB earn an average salary of $4 million, with the highest earners making over $30 million per year. In comparison, the average NBA player earns $7.6 million per year, and the average NFL player earns $2.7 million per year.

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