What sport pays the most? Basketball has been ranked as the sport that pays the most in the world. This highly paid sport has it origin in the United States. Basketball is a sport consisting of two teams, consist of five players each playing against each other on a rectangular field. The game play is to shoot or dunk the ball into the opponent hoop. The ball has a diameter of  approximately 24 cm, hoop 46 meters mounted on a 10 feet backboard. 

There are over 8000 sporting activities in the world and having to choose and engage in that one sport you’re good at, get good money from it and ultimately gain recognition can be difficult. Sporting activities has always serves as  source of entertainment and this has account for it being the biggest industry even till this present time. Sports has become an integral part of educational system especially in high school and colleges across the world.

A goal from the field is worth two points whereas those shot made from position outside three points line are worth three points. It has gained global recognition over the years and continues to create multi-millionaires. The NBA ( National Basketball Association ) consist of 30 teams. The highest paying terms are those that are famous.

What Sport Pays The Most?
Source: SportsDaily

History

The history of basketball can be traced to 1891, where a Canadian professor and instructor of Physical Education (PE) at International Young Men’s Christian Association Training school, known to as Springfield College, Massachusetts, United States. He was a Canadian-American gym teacher named James Naismith. At that time basketball was played with a soccer ball, and forward to recent time to basketball being on of the most widely played sport in all countries. Resulting in the NBA being a prominent completion that is known for scouting and recruiting young athletes, providing a thrilling basketball season and making basketball athletes billions whilst at it.

Basketball has become widely admired and has started attracting the attention of athletes across the globe and not only the sport itself but the pay also as they started paying very large amounts of money in the 1970s. 

Why Basketball Pays The Most Out Of All Sport?

  • They are not just mere athletes: 

Basketball player are not just any athletes but one of the top athlete in the world. They are also public figures and entertainers. Especially when they are part of The National Basketball Association, as the NBA is an entertainment based business.

  • They do more than shooting hoops: 

Basketballers are not paid millions just to shoot hoops. But they are paid to play in front of crowds of over 15,000 people, talk to the media, perform on live TV. Travel around the globe and entertain thousands and thousands of fans.

  • Club owners are rich: 

Basketball team owner of top teams such as Lakers and Black Hawk makes a lot of money. So they can afford to pay their basketballers. They make a lot of money from means like the sale of tickets, commercial endorsements, and the likes.

  • They play a whole lot of games: 

Basketballers play a total of 82 games per season and sell tickets. That would generate enough money combined with sponsorship deals and wealth of owners. These games and other friendlies account for the payment.

  • Personality

Players like Lebron James are one of the highest-paid basketballers and are big personalities in the basketball world. They are star basketball players. Personalities like them can be the difference between playing a game or not, selling out games or not, convincing another top talent to come to the team or not, selling merchandise or not, or getting on TV a lot or not.

Conclusion

Basketball is an exotic and lucrative sport both for player and also team owners alike. From bagging billions of dollars from game tickets, endorsement and sponsorship deals, basketball players can enjoy fat paychecks and fund their luxurious lifestyle.

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