Sports salaries
People involved in professional sports can earn a great deal of money. For instance, the highest-paid team in professional baseball is New York Yankees.[2] Tiger Woods is the highest paid athlete totaling $127,902,706 including his endorsement income,[3]which massively exceeds what he earns from tournament golf. Tiger recently became the world's first athlete to earn a billion dollars from prize money and endorsements.[4] It would have taken the salary of 2,000 1980s professional golfers each making $58,500 to match up with Tiger Woods’ current salary. Lionel Messi is the world's highest paid footballer raking in £29.6 million (over $45 million) a year including off-field earnings.[5] The top ten tennis players make about $3 million a year on average. Much of the growth in income for sports and athletes has come from broadcasting rights.[citation needed] For example, the 2011-2013 NFL broadcast contract has been valued at $20.4 billion.[citation needed]
[edit]American football
- Quarterback $ 15 Million
- Defensive Tackle $1.224 Million
- Running back $5 million
[edit]Association football
- The average salary of a player in the Chinese Super League was about 10.7 million Chinese yuan (£1 million) for the 2011 season, up from ¥600,000 in the 2010 season.[7] The highest paid player for the 2011 Chinese Super League season was Dario Conca of Guangzhou Evergrande who received a annual salary of ¥66.4 million (US$10.5 million) after income taxation, putting him among the highest paid players in the world.[8]
- In the Russian top league, Russian Premier League, the average salary was about 219 million Russian rubles (£4.5 million) for the 2010-2011 Russian Premier League season, up from €1 million in the 2009-2010 Russian Premier League season.[9] The highest paid player for the 2011-2012 Russian Premier League season would be Samuel Eto'o of Anzhi Makhachkala, who at the end of the 2011-12 season will receive a total salary of 814.2 million Russian rubles (16.7 million pound sterling) afterincome taxation, putting him in the top three of highest paid footballers in the world which consist of Lionel Messi and Zlatan Ibrahimović.[10][11][12]
- The average salary of a player in the German Bundesliga was about 5.3 million euros (£4.5 million) for the 2010-2011 season, up from €4.7 million in the 2009-2010 Bundesliga season.[13] The highest paid player for the 2010-2011 Bundesliga season was Franck Ribéry of Bayern Munich who received a salary of €8.3 million after income taxation.[14]
- In the Italian top league, Serie A, the average salary was about 5 million euros for the 2010-2011 Serie A season, up from €1 million in the 2005-2006 Serie A season.[15] The highest paid player for the 2010-2011 Serie A season was Zlatan Ibrahimovićof A.C. Milan who received a salary of €25.9 million after income taxation and which also includes the incomes of Ibrahimović's bonuses and endorsements.[16]
- Lionel Messi of FC Barcelona is the world's highest paid player receiving a salary of £29.6 million (over US$45 million) a year after income taxation and which also includes the incomes of Messi's bonuses and endorsements.[17] In the Spanish La Liga, the average salary for the players of Lionel Messi's club FC Barcelona was 6.5 million euros for the 2010-2011 La Liga season, up from €5.5 million for the 2009-2010 La Liga season.[17]
- The average salary of a player in the English Premier League was about 1.2 million pounds in the 2007-2008 Premier League season, up from £676,000 in 2006-2007 Premier League season. Top players such as John Terry and Steven Gerrard can make up to £7 million per year with the players of Premier League club Manchester City F.C. receiving an average salary of £7 million for the 2010-2011 Premier League season, up from £5.5 million in the 2009-2010 Premier League season.[18][19]Players in lower divisions make significantly less money. In 2006-2007 season the average salary of a player in the Championship (the second tier of the English football pyramid) made £195,750 while the average salary for League One (tier 3) was£67,850 and League Two (tier 4) was £49,600.[18]
- David Beckham's salary of US$5.5 million[20] is the highest in Major League Soccer and about fifty times the average MLS base salary of US$115,000.[21] Beckham's salary is more than double that of the MLS per-team salary cap of US$2.55 million for 2010; however, under MLS' Designated Player Rule, instituted in 2007 for the purpose of attracting stars of Beckham's stature, each team is allowed to sign two players (originally one) for any salary that will count for only US$335,000 each of cap room.[21] Beckham was the first player signed under this rule.[21]
[edit]Baseball
In 1970, the average salary in Major League Baseball in the U.S. and Canada was $20,000. In 2005, the average salary shot up to $3,154,000.[22]
[edit]Basketball
Each sport has the highly paid players, but calculation of the average yearly salary has shown that the highest paying sport is National Basketball Assotiation (NBA). With the NBA having the smallest rosters of the four major professional sports leagues, and playing over a relatively long schedule with significant television revenue, a large pool of money can be divided among a relatively small pool of players. On average, basketball players in the NBA make over 5 million dollars each year.[23]
Kobe Bryant is the highest paid NBA player totaling $25,244,000 in salary, and was the worlds second highest earning athlete, earning $53 million from May 2010 to May 2011. The Only athlete in the World who earns more than Kobe is Tiger Woods, totaling in at $75 million in that time period. 20 years ago, the average basketball salary was $575,000; now, the average is $5,200,000, a 904% increase.[24]
[edit]Ice hockey
In 1990, the average NHL salary was $271,000, and now the average has risen to $2.6 million in the 2010-11 season.[25]
Major League Baseball Salaries
| TEAM | TOTAL PAYROLL | AVG SALARY | MEDIAN | STD DEV |
|---|---|---|---|---|
| New York Yankees | $ 202,689,028 | $ 6,756,300 | $ 2,100,000 | $ 8,468,058 |
| Philadelphia Phillies | $ 172,976,379 | $ 5,765,879 | $ 2,625,000 | $ 6,227,550 |
| Boston Red Sox | $ 161,762,475 | $ 5,991,202 | $ 5,500,000 | $ 5,576,432 |
| Los Angeles Angels | $ 138,543,166 | $ 4,469,134 | $ 2,000,000 | $ 6,048,494 |
| Chicago White Sox | $ 127,789,000 | $ 4,732,925 | $ 2,750,000 | $ 4,810,687 |
| Chicago Cubs | $ 125,047,329 | $ 5,001,893 | $ 1,600,000 | $ 6,194,469 |
| New York Mets | $ 118,847,309 | $ 4,401,752 | $ 900,000 | $ 6,693,551 |
| San Francisco Giants | $ 118,198,333 | $ 4,377,716 | $ 2,200,000 | $ 4,877,657 |
| Minnesota Twins | $ 112,737,000 | $ 4,509,480 | $ 3,000,000 | $ 5,536,653 |
| Detroit Tigers | $ 105,700,231 | $ 3,914,823 | $ 1,300,000 | $ 5,259,443 |
| St. Louis Cardinals | $ 105,433,572 | $ 3,904,947 | $ 1,000,000 | $ 5,027,807 |
| Los Angeles Dodgers | $ 104,188,999 | $ 3,472,966 | $ 2,142,838 | $ 3,631,806 |
| Texas Rangers | $ 92,299,264 | $ 3,182,733 | $ 1,251,000 | $ 4,027,146 |
| Colorado Rockies | $ 88,148,071 | $ 3,390,310 | $ 2,318,750 | $ 4,398,021 |
| Atlanta Braves | $ 87,002,692 | $ 3,346,257 | $ 1,275,000 | $ 4,279,462 |
| Seattle Mariners | $ 86,524,600 | $ 2,884,153 | $ 825,000 | $ 4,414,418 |
| Milwaukee Brewers | $ 85,497,333 | $ 2,849,911 | $ 1,050,000 | $ 3,869,134 |
| Baltimore Orioles | $ 85,304,038 | $ 3,280,924 | $ 1,425,000 | $ 3,237,465 |
| Cincinnati Reds | $ 75,947,134 | $ 2,531,571 | $ 825,000 | $ 3,357,823 |
| Houston Astros | $ 70,694,000 | $ 2,437,724 | $ 467,000 | $ 3,960,818 |
| Oakland Athletics | $ 66,536,500 | $ 2,376,303 | $ 1,400,000 | $ 2,073,296 |
| Washington Nationals | $ 63,856,928 | $ 2,201,963 | $ 1,050,000 | $ 2,783,056 |
| Toronto Blue Jays | $ 62,567,800 | $ 2,018,316 | $ 1,200,000 | $ 1,906,416 |
| Miami Marlins | $ 56,944,000 | $ 2,190,153 | $ 545,000 | $ 2,877,071 |
| Arizona Diamondbacks | $ 53,639,833 | $ 1,986,660 | $ 1,000,000 | $ 1,854,261 |
| Cleveland Indians | $ 49,190,566 | $ 1,639,685 | $ 484,200 | $ 2,763,453 |
| San Diego Padres | $ 45,869,140 | $ 1,479,649 | $ 468,800 | $ 1,858,830 |
| Pittsburgh Pirates | $ 45,047,000 | $ 1,553,344 | $ 450,000 | $ 1,880,199 |
| Tampa Bay Rays | $ 41,053,571 | $ 1,578,983 | $ 907,750 | $ 1,570,206 |
| Kansas City Royals | $ 36,126,000 | $ 1,338,000 | $ 850,000 | $ 1,143,503 |
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