The big news in the sports world over the weekend, was the rumour that a new labour agreement between the NFLPA and the owner could be ratified as soon as Thursday. This year, between this work stoppage, and the current NBA lockout, the line between sports and business is more evident than ever.
In fact, sports is big business these days, with million dollar athletes, billion dollar sports franchises, and trillion dollar revenues. With that in mind, here are some of the best links about the sports industry.
The Best Paying Clubs in the World
Ever wonder if a Liverpool midfielder makes more than a Yankee pitcher? Or if being a Laker pays better than being a IPL bowler? Well, wonder no more. This report looks at the best paying clubs in the world, and provides some interesting information regarding global salaries. (via SI)
Top Paid Athletes by Country and by Sport
A bit of a different angle on athletes and the money they earn. ESPN gives us the top paid athlete in each of 182 nations (of which, soccer accounts for 114). They also give us the top paid male and female athlete in 30 different sports. The highest paying? Boxing and baseball. The lowest? Women’s bowling. (via ESPN x2)
Most Valuable Sports Franchises in the World
It always interesting to take a look at which clubs are worth the most. Forbes examines the top 50 most valuable teams in the sports world. 8 of the top 12 most valuable franchises are NFL teams, all worth over $1 billion, showing the relative strength of that league. By comparison, soccer has 6 teams on the entire list, while the NBA and Formula 1 have only two. (via Forbes)
10 NFL Stars Who Went Bankrupt
Although the financial strength of the NFL is readily apparent, the financial strength of their players may be another story. Many NFL stars have gone bankrupt, including legends such as Johnny Unitas, Michael Vick, and Lawrence Taylor. (via CNBC)
The Fatal Flaw of North American Sports
Taking a look at profit sharing, and salaries caps, Bruce Dowbiggin hypothesizes that all North American sports leagues are inherently unstable. He speculates that TV revenue is the only thing keeping them afloat. Except for the NFL of course. (via G&M)
(image via TPS)