There have been several debates on the above-stated topic. In this piece, we will try our possible best to have all queries about the above subject answered.
Who makes more money: NFL or NBA?
The NFL and NBA are two of the most popular and lucrative sports leagues in the world, and both generate significant revenue from ticket sales, merchandise, broadcasting rights, and other sources. However, when it comes to which league makes more money, the answer is not straightforward.
In terms of total revenue, the NFL generates more than the NBA. In the 2020 season, the NFL reported total revenue of $12.2 billion, while the NBA reported total revenue of $8.3 billion for the 2019-2020 season. This difference can be attributed in part to the fact that the NFL has more teams and plays more games per season than the NBA.
However, when it comes to average player salaries, NBA players make more money than their NFL counterparts.
The average NBA player’s salary for the 2020-2021 season was $7.7 million, while the average NFL player’s salary for the 2020 season was $3.3 million. This difference can be attributed in part to the fact that NBA teams have smaller rosters and a higher salary cap than NFL teams.
Another factor to consider when comparing the earning potential of NFL and NBA players is the structure of their contracts. NBA contracts typically include guaranteed money and signing bonuses, while NFL contracts are more heavily weighted towards performance-based incentives and bonuses.
It’s also worth noting that top earners in both leagues can make significant amounts of money through endorsements and sponsorships.
In 2020, NFL quarterback Patrick Mahomes signed a contract extension worth up to $503 million over ten years, while NBA superstar LeBron James has earned over $1 billion in career earnings, including endorsements.
In conclusion, while the NFL generates more revenue overall than the NBA, NBA players typically make more money on average than NFL players.
The earning potential of individual players in both leagues is influenced by a range of factors, including the structure of their contracts and their ability to secure lucrative endorsement deals.