Ever wondered what athletes or teams compete for the biggest prize money? Well, we’ve followed the money to give you the answers.
At PledgeSports, we’re huge sports fans and have helped athletes and teams of all levels and from every sport around the world raise money through sports crowdfunding.
Here’s a rundown of the 10 sporting events with the biggest prize money:
10. Cricket World Cup
The Cricket World Cup has been steadily increasing its prize fund, the 2019 prize pot was $10 million with the winners England taking home $4 million and runners up making $2 million.
This might seem modest in comparison to the huge payouts for top events in other sports but bear in mind that with the relatively small sides of competing squads, players can earn sizeable bonuses.
The team that wins the title is awarded a purse to the value of $3,975,000.
9. Rugby World Cup
The Rugby World Cup has no specific prize fund. Instead of competing unions are paid out according to the overall profit made by the International Rugby Board (IRB) once the tournament has been completed.
So rather than being paid prize money, players are offered special contract fees by their own unions, including bonuses for winning matches at the tournament. These bonuses can mount up quickly.
For example, the Telegraph reported that a prize fund of £7million was been made available for the England team if they won the 2019 World Cup.
8. Super Bowl
Although the Super Bowl is by far the highest profile sports event in the United States, it’s not the best-paid sports event in the country.
The winning team in the Super Bowl is paid $11 million in prize money, with players on the Super Bowl championship team making $124,000 each, the losing team get $64,00 each. Due to the large size of the competing squads, players tend to earn surprisingly modest bonuses if they win the championship.
7. Saudi Cup
The Dubai World Cup used to have the title of the richest horse race. Six Grade 1 races and a number of Group 2 races are run during the course of the event, which culminates in the $10 million Dubai World Cup.
A close 3rd to the Dubai World Cup Night is the Breeders’ Cup, with a $24.5 million prize pool.
6. US Open
The total prize money for the 2019 US Open was $57 million making it the richest prize purse in tennis history. The 2019 Wimbledon prize money was $49.41 million
The winners of the US Open men’s and women’s single finals each earn $3.7 million in prize money.
5. FedEx Cup
Golf’s richest event isn’t one of the four Majors, but rather the PGA Tour’s season finale, the FedEx Cup.
To win the FedEx Cup, a golfer must accumulate points while playing in the four FedEx Cup playoffs – The Barclays Championship, the Deutsche Bank Championship, the BMW Champions and the Tour Championship.
The highest points scorer at the conclusion of the 2019 Tour Championship walked away with a $15 million payout. The overall FedEx Cup prize fund, shared among competing players, is a whopping $70 million.
4. The World Series
Surprisingly, the World Series pays out significantly more prize money than other major league sports in the United States, with an estimated prize pool of $66 million.
The 2018 World Series winner, Boston Red Sox team split a record $31.7 million. The World Series runner-up, the Los Angeles Dodgers, split $21.2 million.
In 2018, the 10 postseason teams also earned a record $88.2 million in bonuses. That’s called “the players’ pool,” and it changes each year based on ticket sales.
3. Boxing Title Fights
For example, Floyd Mayweather earned a stunning $180 million for his fight against Manny Pacquiao in 2015’s “Fight of the Century”, and he and McGregor were both in receipt of over $100m each for their super-fight in August 2017.
In their 2020 title fight, Wilder and Fury were reportedly guaranteed more than £19.27m ($25m) apiece, plus a percentage of the PPV profits. It’s estimated that Fury took home over $40 million for his win.
2. Formula One
Formula One racing is the most expensive sports to compete in. It also offers one of the largest prize funds. The overall prize pool for the 2019 season was over a billion!
This is distributed according to the results of each race, as well as the final season standings. F1 season winners Ferrari reportedly recovered $205 million, while Mercedes, who won the constructors’ championship for the fifth year in a row last season received $177 million
1. UEFA Champions League
Europe’s glitziest regional club tournament offers the biggest overall cash payout in international sport. The club winning the 2020 Champions League final was in line to win more than 80 million euros in prize money.
The 2018-19 season we saw another 30% increase to a total of €2.04 billion in prize money, compared to 2017-18 season where €1.257 billion was distributed among teams in champions league from playoffs to the winners.
Liverpool would have received a fixed fee of €19 million for their 2019 Champions League win but bonuses and fixed payments from each win through out the League could mean the final figure was 70-80 million!
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