What is the highest paid sport in the world

Basketball is the leading paying sport in the world. Tournaments such as the NBA are among the highest paying sports leagues. … Well-known boxers earn huge amounts as their tournament prize money. They also get good amounts of profit from Pay-Per-View commissions, betting, and endorsements.

Average Salary: $4.9 million

It is not surprising that basketball is the world’s highest paid sport. As well as earning millions per year in salary, the NBA’s best basketball players earn a huge amount of money from their various endorsements and sponsorships, more so than any other sport.

A quick glance at any Forbes Magazine’s list of highest paid sportsmen will find basketball well represented with the average player earning a $4.9 million per year. Top players can earn even more, with Kobe Bryant of the LA Lakers earning over $30 million in the 2013/14 season.