What Happens to All of the Money Spent on Sports?

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If you love the NFL or MLB, then there’s a good chance that you’ve spent some of your hard-earned cash on tickets to the game or gear like jerseys, hats, and even more hats. With so much money being spent on sports, it’s easy to wonder just how much of it comes back into the pockets of the fans themselves and how much goes toward benefitting the professionals in each sport? Let’s take a look at some numbers to see what exactly happens to all of the money that goes into sports every year.

The US makes up 24% of the world’s population, but 91% of football players The United States makes up about 4.4% of the world’s population but is responsible for 24% of football players worldwide. But there’s a catch: The US doesn’t have nearly as many professional athletes as other countries, despite having such a massive talent pool. That’s largely because...

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There are 350 soccer teams in England This means there are 350 different people paying top dollar to help their club win. In 2012, Manchester United had revenues of more than $500 million. They paid almost half a billion dollars in salaries and another $27 million in agent fees—that’s a whole lot of money that could be used elsewhere! The problem is that not all these funds can be recouped and often don’t even come close: Premier League clubs average just 43% profitability. Americans have donated $6 billion in 2016 to charity through sport $1.8 billion was spent attending games and $2.7 billion was spent through donations at games, with an additional $3.5 billion spent on in-stadium purchases (including parking, concessions, and merchandise). This results in $6.2 billion being donated to charity through sport, which is more than double what Americans donated to charities directly ($2.9B). How much of that is going to what you want your donation money going towards? And how much are you donating for free? Top earner Floyd Mayweather earned $300 million Mayweather has earned over $300 million in prize money since he was a 16-year-old amateur, before taxes and expenses. However, that’s only part of his earnings from boxing. His endorsements with brands like Hublot are estimated at more than $40 million per year for five years, making his total annual income about $430 million. The average salary for professional baseball players is $3.2 million That’s $1.2 million more than what Major League Soccer pays its players and nearly as much as a three-year NBA contract. The average salary for major league baseball players is a staggering $3.2 million, according to Professional Baseball Player Salaries: What are they really worth? – MarketWatch. This means that these athletes are making $35,857 per game! This can add up quickly if an athlete plays more than 155 games in a year. Hide full description
The US makes up 24% of the world’s population, but 91% of football players The United States makes up about 4.4% of the world’s population but is responsible for 24% of football players worldwide. But there’s a catch: The US doesn’t have nearly as many professional athletes as other countries, despite having such a massive talent pool. That’s largely because...

Sports today is one of the issues that many people are interested in to serve many different purposes. Because of that information, we have created the website 8Xbet

There are 350 soccer teams in England This means there are 350 different people paying top dollar to help their club win. In 2012, Manchester United had revenues of more than $500 million. They paid almost half a billion dollars in salaries and another $27 million in... Show full description

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