There are many sports competitions that take place all around the world consecutively. Be within the Premier League, ICC Cricket World Cup, or the French and US Open. Within this article we will highlight what the top earning competitions within sport prize pools are, and how much teams have been lucky to win before up until recently.
These prize pools are huge based on how popular the events are through sponsorships, for example betting companies will pay huge amounts to sponsor these competitions because customers want to bet on these sports. If you are one of these people, you can take a look at the new betting offers for these competitions.
Sports in general is an industry that manages to combine business and enterprise within one. Some of the top athletes in the world become various millionaires, due to their ability to take on the business world, with the acumen that they come to grow with, due to their fame and press coverage. Sports is continuously evolving, and as do the sports grow in cash flow and revenue, due to success of business deals and so on, there is then more cash to put into a prize money pool for sports competitions.
Premier League Sports Prize Money
The Premier League England signed a TV rights deal which is worth $8billion dollars for the distribution of TV from the years 2016 to 2019 only. In pounds this is still considered massive, with £5.136 billion worth of sponsorships and deals flowing into the system of the international favorites sport. There is exactly an extra £3 billion that finds its way into the pockets of the Premier League, through the Foreign deals and sponsorships outside of the UK too. So, this bides the question of course of, where does it all go?
Every single year, there is a distribution of such money obtained from deals, gets fed back into the clubs themselves, meaning usually each team will be given around £100 million, and around £50-100 million more, for the teams that are at the top of the league. If a team finishes at the bottom of the league, they will usually get just under the £100 million, without any bonuses, which is often a topped sum on the annual amount given to each club.
If we take into account all the top teams within the European leagues for example, these would undoubtedly be taken into account for some of the biggest money pools made from TV deals and sponsorship’s. The prize pools within the Premier League and the Champions League however, depending on their origins, will often feed great amounts of money within the prize pools.
Top Sports Competitions With a Huge Prize Pool in 2021
The highest money sports are summarized down below:
UEFA Champions League
As we are all probably aware, this is one of the largest football leagues within the world, and it hosts some of the best teams within football, through the series of matches. The prize money pool can vary every single year, however the largest year on record was a staggering $1.3 billion. It was Real Madrid that got the largest cut, being the winners of that consecutive year. They managed to take away a total of $75 million from the Champions League.
Formula 1
Alas, Formula 1 is another famous sport within the world of Motors, where we have famous racers such as Lewis Hamilton, Grosjean and so on, being represented by some of the best motorsports brands in the world, such as Mercedes. The total prize pool here was in excess of $797.5 million, and the highest earning winners were Mercedes in 2015. They managed to go away with almost $100 millions of that prize money.
Fifa World Cup
The Fifa World Cup is much loved by football fans across the world. This is where countries are represented by teams that hold star players, which we see playing in various football national teams within the Premiership League, La Liga, Bundesliga and so on. The prize money pool from this international event was a total of $576 million, where the winners manage to take $35 million home with them on average. This pretty much remains unchanged and the same each and every 4 years.
UEFA Europa League
The UEFA Europa League, again is a very recognized and celebrated football tournament. The teams are focused nationally around the region of Europe i.e. Roma versus Manchester United etc. While this tournament occurs every single year, it is loved and celebrated internationally too. The last winners, Seville, managed to win the highest prize of $16.4 million.
Super Bowl
The Super Bowl is one of the biggest events in the NFL sporting calendar. It welcomes the final two teams who battle it out to take the championship of the season. The past Super Bowl saw huge amounts of money spent to make the ceremony a socially distanced one, with world class singer The Weeknd performing before the big match commenced. Each year the winner of the final takes away a total of $11 million dollars, which sure is not the same as the likes of the Premier League, but for American sports, that certainly accounts for a large prize fund overall.
World series Poker
World Series Poker is not a sport that we know. However, it has managed to make its way within the history books for giving the winner some serious cash to walk away with. The prize money never really changes, meaning players who manage to make it to the final round, will always guarantee a $10 million prize money for purely being undefeated. Runners up manage on getting a piece of the pie too, but of course nothing that equates to a huge $10 million.
Wimbledon
Wimbledon is another famous and glorious tournament within sport. Unlike the previous mentioned sports, this one involves some pretty long limbs, a racked and a super fast serve. We are sure you have heard of all the biggest names within the industry, such as Federer, Djokovic, Nadal and so on. This sport has entertained the masses for years, and throughout the year we welcome different seasons from grass, to clay. Wimbledon is a grass court, and the winner who makes it past the favorites mentioned above, will find their hands grabbing on to an impressive $3.9 million prize fund, out of a total $62 million in prize money pool. Nothing too shabby really, eh?
The US Open
Following shortly after Wimbledon, we have an indoor court, which has a collated prize of $47 million pool prize and a $4 million winner prize. This court has welcomed many favorites and talents like Serena Williams, who has managed to win the most US opens for any female in history. The male record is currently held by Roger Federer with 20 wins of this prestigious grand slam.