How Much Money Do Professional Athletes Make?
Are you curious to know how much money is actually made by professional athletes? It’s a question that has many potential answers. Most people assume that all athletes make millions of dollars per year, but the truth is not that straightforward. It ultimately depends on the particular sport, level of competition, and negotiation skills of the athlete.
According to a survey of over 400 professional athletes, the average salary for non-major league athletes is approximately $60,000 per year. That may sound like a good salary, but that figure pales in comparison to the salaries of major league athletes. For example, the minimum salary for NFL players is $420,000 per year, and the average salary for NBA players is over $6 million per year.
Top Paying Professional Sports
Of course, not all sports pay the same salary. Here is a breakdown of the top paying professional sports leagues around the world.
National Football League (NFL)
The NFL is the highest paying professional sport in America. Its players command an average salary of $2.14 million and on the upper end, some players make an astonishing $20 million annually. The minimum salary of an NFL player is $420,000.
Major League Baseball (MLB)
Like the NFL, the MLB also has some of the highest paid players. The average salary for MLB players is approximately $4.45 million. The league has also seen astronomical salaries for superstar athletes like Felix Hernandez whose 11-year contract was for $175 million.
National Basketball Association (NBA)
The NBA is the third most popular sport in the United States and it is one of the most lucrative sports in the world. The average salary of an NBA player is over $6 million per year. The minimum salary is $562,493.
FAQ
Q: Which professional sport pays the highest salary?
A: The highest paying professional sport is the NFL. Its players command an average salary of $2.14 million.
Q: What is the minimum salary for NFL players?
A: The minimum salary for NFL players is $420,000 per year.
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