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5 Sports Competitions With The Biggest Prize Money

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Sport has grown from a simple pleasure to a legitimate way to a global money-spinning business. The global sporting industry is expected to be worth US$512.14 billion (AU$765.7 billion) by 2024.

As the globe tunes into these major athletic events, revenue increases. Ads, sponsorships, and the like.

While the organizers stand to profit massively, the competitors stand to lose a lot of money. But which sports events in the globe have the most money? What are the most expensive sports competitions?

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Below are sports competitions and their million-dollar prize money:

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World Series (Baseball)

Despite its shifting popularity outside of America, America’s pastime continues to have a significant winning prize. The annual championship is known as the World Series, and the best-of-seven series produces one top team each year. The competition is one of America’s oldest, and since 1903, it has crowned a financially successful team. In 2023, the winning team is expected to get approximately $52 million.

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Total purse: $160 million
Amount paid to winning team: $52 million

FIFA World Cup (Football)

The FIFA World Cup, football’s biggest international tournament, matches the world’s finest national teams against one another, ending in the final. The apex of world football draws over 3.3 billion spectators worldwide and pays the champions handsomely from FIFA. Argentina defeated France in dramatic manner in the most recent World Cup, not only leaving a legacy for captain Lionel Messi, but also raising over $66 million for the Argentine football association.

The majority of that money goes to the domestic football program, but the players and coaching staff are sure to get a large bonus as compensation for their efforts.

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Total purse: $658 million
Amount paid to winning team: $66 million

The NBA Championship (Basketball)

Despite the NBA’s global popularity, teams in America are not as well compensated as clubs in other sports in Europe. That is not to suggest they receive nothing. Winning the NBA Finals gives the winning team a sizable percentage of the NBA Playoff Pool, which was slightly over $40 million at the end of the most recent season. This figure is divided across all postseason teams based on performance. It is projected that the Denver Nuggets, the most recent winners, earned $7.1 million.

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Total purse: $40 million
Amount paid to winning team: varied based on performance.

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Tour Championship/FedEX Cup (Golf)

The golf business has always been heavily financed, as evidenced by the advent of the Saudi-backed LIV. With the new merger in the works, expect this prize pool to change dramatically. The Tour Championship is the PGA Tour’s last match, and while it is not officially classified as a Major, it does come with a sizable purse. Throughout the PGA season, golfers accumulate points to compete in the final championship, with the top 30 earners competing in the Tour Championship.

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The golfer with the most points after the Tour Championship match (typically the winner) wins the FedEx Cup and a stunning $26.9 million from the $112.1 million prize pool. Otherwise, there will be other opportunities to win large over the season. The Players Championship has the tour’s largest prize money, with the winner receiving $6.7 million.

Total purse: $112 million
Amount paid to winner: $27 million

UEFA Champions League (Football)

It is the world’s largest club event, regardless of sport. Winning the competition final earns the team around $33 million, but nearly three times that amount can be won along the road.

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Money is awarded to teams based on group and knockout stage wins, with a maximum prize money of approximately $139 million possible if the club wins all of its games. With such a large amount of money on offer, it’s easy to see why it’s such an honor for teams to even qualify, let alone try to win.

Total purse: $3.3 billion
Amount paid to winning team: $33 million

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JUST IN: Full Draw For 2026 World Cup Group Stages Confirmed

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The draw for the group stage of the 2026 World Cup has been conducted.

It took place at the Kennedy Center in Washington, D.C., with US President Donald Trump and FIFA President Gianni Infantino in charge.

There will be 48 teams at next year’s tournament, to be played across the United States, Mexico and Canada.

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All the participating countries were grouped into 12 groups of four.

Here is the full draw:

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Group A: Mexico, South Africa, South Korea, Winner Play-off D
Group B: Canada, Winner Play-off A, Qatar, Switzerland
Group C: Brazil, Morocco, Haiti, Scotland
Group D: United States, Paraguay, Australia, Winner Play-off C
Group E: Germany, Curaçao, Ivory Coast, Ecuador
Group F: Netherlands, Japan, Winner Play-off B, Tunisia
Group G: Belgium, Egypt, Iran, New Zealand
Group H: Spain, Cape Verde, Saudi Arabia, Uruguay
Group I: France, Senegal, Winner Play-off 2, Norway
Group J: Argentina, Algeria, Austria, Jordan
Group K: Portugal, Winner Play-off 1, Colombia, Uzbekistan
Group L: England, Croatia, Panama, Ghana

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EPL: Mikel Obi Reveals Why Chelsea Failed To Beat Arsenal in 1-1 Draw

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Former Super Eagles midfielder, John Mikel Obi, has claimed Chelsea failed to defeat Arsenal in the Premier League on Sunday, because of an early red card to Moises Caicedo.

The two London rivals played out a pulsating 1-1 draw at Stamford Bridge.

Caicedo was sent off in the 38th minute following a VAR check.

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But it was Chelsea who took the lead after the break, thanks to Trevor Chalobah’s header.

But the Gunners equalized through Mikel Merino.

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So far this season, Chelsea have received seven red cards in 20 games across all competitions this season.

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That’s four red cards this season; it’s not good enough. I’ve spoken about it; the manager needs to talk with the players, because it’s costing us games as well,” Mikel Obi said on his podcast.

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“If you look at that game, if we finished with eleven men, I think we could’ve won. Maybe not easily, but comfortably, we could’ve secured a win.”

 

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EPL: Slot Reveals When Salah Will Leave For AFCON

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Liverpool manager, Arne Slot, has revealed that Mohamed Salah was “not happy” to be dropped for their 2-0 win at West Ham on Sunday.

Salah was named on the bench at the London Stadium for the Premier League fixture.

Slot took the bold decision, as he looked to arrest a poor run of form, that saw the Reds lose nine of 12 matches.

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Salah was not summoned from the bench for the entire 90 minutes, as goals from Alexander Isak and Cody Gakpo sealed victory.

It was a normal reaction for a player who is good enough to play for us,” Slot said.

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“I say that mildly as he’s been so outstanding for this club and will be in the future. He wasn’t happy he wasn’t starting but he wasn’t the only one.”

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Salah could yet return to the starting line-up as Liverpool host Sunderland in the Premier League on Wednesday night.

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The 33-year-old will remain available for the next four matches, before he leaves to join Egypt’s squad for the African Cup of Nations.

“It’s 15 December,” Slot confirmed.

But always in these situations there is the player and the national team involved and there are always talks about what is best for all three of us.”

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