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 richest sporting events in the world today:
10. FIFA Club World Cup – £3m
There was controversy in England in 2000 when FA Cup holders Manchester United withdrew from the tournament to compete in the inaugural – and much derided – Club World Cup.
The FIFA Club World Cup’s prestige is perceived quite differently in different parts of the football world: while it is widely regarded as the most distinguished club level trophy in South America, it struggles to attract interest in most of Europe.
The current format of the tournament involves seven teams competing for the title at venues within the host nation over a period of about two weeks; the winners of that year’s AFC Champions League (Asia), CAF Champions League (Africa), CONCACAF Champions League (North America), Copa Libertadores (South America), OFC Champions League (Oceania) and UEFA Champions League (Europe), along with the host nation’s national champions, participate in a straight knock-out tournament.
The world’s richest horse race takes place, unsurprisingly, in Dubai.
Held annually on the last Saturday in March and contested at the stunning $1.25bn Meydan Racecourse, the event was created in 1996 by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai who owns Darley Stud and Godolphin Racing.
=9. FedEx Cup – £6m
In joint ninth is the PGA Tour’s season ending four-tournament playoff series, the FedEx Cup, which was first awarded in 2007.
The current champion – and recipient of the $10m reward – is Northern Ireland’s, Rory McIlroy.
7. Super Bowl – £6.6m
Perhaps surprisingly, given the huge global audience and massive commercial success of the Super Bowl, the winners receive just $11m in prize money (remember advertisers pay as much as $4m for a 30-second commercial).
However, the NFL operates a highly-effective revenue-sharing plan, a fairer redistribution of teams’ collective wealth, which boosts competition and keeps the smaller franchises in business.
=6. World Series Of Poker – Up to £7.2m
Held in Las Vegas (where else?), the World Series of Poker comes with a guaranteed minimum $10m prize for the winner.
In 2006, Jamie Gold took home $12m for his victory in the main event. The current champion is professional poker player Scott Blumstein.
=6. UEFA Europa League – £7.2m
But while it is often seen as an unwelcome distraction by managers and fans, the $12m reward is not to be sniffed at.
4. World Series – £11.4m
The showpiece series of Major League Baseball, the World Series is more than 100 years old.
In 2016, the Chicago Cubs ended their 108-year long drought without a World Series title by defeating the Cleveland Indians, rallying from a 3–1 Series deficit in the process.
3. UEFA European Championships – £17.5m
Euro 2016, which was held in France, is the biggest tournament yet, following an expansion from 16 to 24 nations. The current holders are Portugal, who overcame the French hosts in extra-time last summer.
2. FIFA World Cup – £18.7m
Alleged Fifa corruption and wrongdoing aside, the showpiece of international football is a sparkling affair, boasting a final watched by more than 700 million people.
The reward for victory is equally impressive, thanks in no small part to Fifa’s finely tuned commercial operation. Current champions Germany will defend their title in Russia next summer.
1. UEFA Champions League – £39.2m
Twenty years ago, the concept of a ‘race for fourth place’ was unheard of in English football. But now, that ‘achievement’ is nearly as important as winning the league itself – at least that’s what Arsene Wenger would have you believe, so important is qualification for the Champions League.
As any Premier League club chairman will testify, this is the tournament where the real money is made. Current champions Real Madrid won their third Champions League trophy in four years and became the first club in history to successfully defend the title when they beat Juventus in June.
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