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Here in the below list, we are going to discuss the ten highest paying sports in the world right now. Why these sports are paying very high? There are some reasons behind this for that we have to understand the ways of earning of different sports.

10. Cycling

Charles Minthorn Murphy in 1899 became the first cyclist to cover a mile in under a minute which earned him the nickname “Mile-a-Minute Murphy”. Since the innovation of cycles and other human-powered vehicles, cycling is counted among one of the most active sports in the world.

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There are many cycling tournaments that are considered among the highest paying event on the planet earth. Besides huge income in the form of the tournament earnings, the famous cyclists also get good amounts of money from their endorsers, cited sportsshow.

Legendary cyclist and one of the most controversial athletes of modern days Lance Armstrong achieved 9th place in the Forbes list of Richest Players in 2010 with a total income of US$28 million. He also earns his place among the highest-paying sports players in 2021.

9. Baseball

Baseball is another highest paying sport that has the same popularity region as wrestling and auto racing. The highest paid baseball player ever has got US$38 million a year, according to sportsvirsa.

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Baseball was also first played in the 18th century and still, it is played with some variations in the rules. Major League Baseball is the most popular baseball league in the world. Baseball players all around the world prefer to join the league because it pays high.

8. Ice Hockey

Ice hockey players need to maintain high levels of conditioning in games that are sometimes physically demanding and even combative.

Over recent years, off-season athletesʼ requirements have increased to a strict 82-game schedule and several playoff rounds, reported pickytop.

Photo: sportsshow

In useful exercises, the skill of skating, handling, and shooting is perfected. Based on the relatively small size of 23 players on the roster and a 50-50 split between owners and players.

The average earnings of players in different NHL teams range from US$1.54 million to US$3.54 million. For one of the over 150 minor league teams, most pro-hockey players within the United States and Canada play. Depending on the League Minor level, the amount is accounted for US$40,000 to US$90,000 per year. This highest paying professional sport relatively pays higher compared to field hockey.

7. Tennis

Tennis is arguably one of the most popular worldwide spectator sport. Top-level tennis players are among the highest paid athletes in the world. The most popular tournaments in tennis are the 4 Grand Slams or majors, cited rulesofsport.

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The highest paid athletes in the current Tennis world are the big 3 Roger Federer, Rafael Nadal, and Novak Djokovic. Widely regarded as the greatest tennis player ever, Roger Federer is the highest-paid tennis player for the 14th straight year. In fact, he is the only tennis player in the list of highest-paid athletes of 2019, standing 5th with US93.4 Million earning between 2018-2019.

6. Football

Football is the most popular sport in the world with more than 4 billion fans all over the world. It is also the most played sport in the world in almost every country of the world. The largest community of the sports world is now one of the most valuable industries.

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Starting in Mid 19th century, soccer is now popular all around the world including Europe, Africa, and Asia. The highest paid footballer has earned US$126 million making the football one of highest paying sports in the world. Cristiano Ronaldo is the richest soccer player in the world, he is the first billionaire footballer in the world, according to sportsvirsa.

5. American Football

Lovers of the National Football League (NFL) will have something to smile about as American Football earns its rightful place on the list of highest paid sports in 2021.

Considering the demanding nature of this sport, many will consider it as befitting that the salaries of these players keep growing.

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32 NFL players now make at least US$20 million a season in average annual salary, cited worldscholarshipforum.

The highest paid player in the league in Kansas City Chiefs quarterback Patrick Mahomes. Mahomes makes US$45 million per season in average annual salary with the deal that he signed before the 2020 season.

The second highest paid player in the league is Dallas Cowboys quarterback Dak Prescott, who makes US$40 million a season. Houston Texans quarterback Deshaun Watson, who makes US$39 million in average annual salary, is third.

4. Golf

Tiger Woods is the living proof of Golf being one of the highest paying sports in the world, and he is one of the most successful athletes of any genre. Tiger still holds the record of attaining the 1st place in the Forbes list of Richest Players for record eleven times that too for ten consecutive years between 2002 to 2011 and reaching as high as 110 million earnings a year.

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The average salary of a professional golfer is estimated to be around US$628,079, cited sportingfree.

3. Auto Racing

Several racing events such as the Grand Prix of Formula1 or NASCAR earns its reputation for being one of the highest paying events in the sports universe. The involvement of risks is compromised by great winning amounts and several endorsements of reputed brands.

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F1 legend Michael Schumacher achieved the first place on the Forbes list of Richest Players in 1999 with a total income of US$49 million. He again achieved the same in 2000 with US$59 million, reported sportsshow.

Long before that, Ayrton Senna achieved the 3rd place on the Forbes list of Richest Players in 1992 with US$22 million. And the same year Nigel Mansell also achieved the 4th place on the list with a total income of US$14.5 million

2. Boxing

Boxing is a combat sport played between 2 people inside a ring. This sport again carries the high risk, high payoff scenario like the previous one. But in this case, the athletes are required to be in the prime of their fitness to achieve something big. Popular boxers earn huge rewards from different tournaments and face-offs. They also gain huge profits from the Pay-Per-View commissions, betting, and endorsement deals.

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The famous retired American boxer, Floyd Mayweather achieved the first sport in the Forbes List of highest-paid athletes with US$85 million in income in 2012. He topped the list again in 2014 with US$105 million income, cited kreedon.

1. Basketball

Basketball is the highest paying sport in the world. NBA is the most popular and highest paying basketball league in the world. During 1970s, basketball started paying very high. This attracted the attention of athletes all over the world. Because of this many long heightened athletes started playing basketball. It is the most-watched sport in the USA.

Photo: sportsshow

Basketball players all around the world try to reach NBA. The highest paid NBA player earned US$343 million a year making it the highest paying sport in the world. The richest athlete in the world, Michael Jordan, is also a basketball player, with a net worth of more than US$2 billion, according to sportsvirsa.

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