Sports

5 Sports Competitions With The Biggest Prize Money

Published

2 years ago

March 15, 2024

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?

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

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.

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.

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.

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

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.

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.

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

Sports

Idahosa Hails Insurance 1-0 Thrashing Of Niger Tornadoes

Published

20 hours ago

September 14, 2025

Editor

Edo State deputy governor, Hon. Dennis Idahosa has hailed Bendel Insurance over their 1-0 victory against Niger Tornadoes in the week 4 fixture of the Nigerian Professional Football League (NPFL).

In a press statement by his Chief Press Secretary, Mr Friday Aghedo The deputy governor described the match played at the Samuel Ogbemudia stadium, Benin on Saturday as a “hard fought victory” for the Benin Arsenals.

Idahosa said he was pleased with the players’ performance, who needed an extra time of six minutes to scored the goal that made the difference in the game.

He said the players should be motivated with the victory to enhance their performance in subsequent matches for the season.

“Though there is room for improvement, but am not the less impressed with their performance in the game against the Niger team.

“With their display, it is clear that Bendel Insurance this year and this season will do extremely well. We will be here to support and encourage them,” he stated.

Idahosa who noted that though his presence might not be the key determinant of this match result, however asserted, “They played passionately, but, if my presence would encourage them, I would be coming every now and then.”

He congratulated the Edo State Sports Commission Chairman, Hon. Desmond Amadin Enabulele for doing a wonderful job.

Similarly, Enabulele said that Insurance made their hunger for victory known right from the very first minute of the game.

According to him, “From the very first minute, Bendel Insurance FC played the Match, it was clear that they were going to win.

“Today, the boys did not only show that they were ready for Continental play this season, but they showed what they are made up of. I was impressed with their good ball possession from the blast of the whistle.”

Sports

Enabulele Applauds Team Edo Deaf Athletes For Performance At W’Africa Championship

Published

3 days ago

September 12, 2025

Editor

Executive Chairman of the Edo State Sports Commission, Hon. Amadin Enabulele, has commended Team Edo deaf athletes who represented Nigeria at the just-concluded West Africa Deaf Athletics Championship in Abuja.

At the close of the championship, Nigeria secured six gold medals in total, with Team Edo contributing three gold and four silver medals.

Enabulele, in a statement signed by his Media Officer, Edoko Wilson Edoko, and made available to newsmen in Benin on Friday, described the athletes’ performance as outstanding and a source of pride for both Edo State and Nigeria.

“I am particularly thrilled by Deborah Ighawuanre’s exceptional performance in the female category, winning two gold medals at the championship,” Enabulele said.

He also commended the exploits of other Edo athletes, including Victory Odokara, who clinched gold in the women’s 400m event; Okpaise Nathaniel Junior, who won two silver medals in the men’s category; and Assurance Omoria, who claimed silver medals in both the 100m and 400m events.

Enabulele emphasized that the team’s success reflects the outcome of targeted investment and support from the state government.

“This feat is a clear testament to Governor Monday Okpebholo’s unwavering commitment to grassroots sports development in Edo State,” he stated.

The sports commission chairman who expressed optimism about the future of the athletes, said: “Our athletes have distinguished themselves at this championship, and I am confident these victories will inspire even greater performances in upcoming competitions.”

Enabulele disclosed in the statement that four of the seven athletes selected to represent Nigeria at the upcoming Deaflympics, scheduled for November 2025 in Tokyo, Japan, are from Edo State.

Adding his voice in the statement, Dr. Sunny Aimufua, Head Coach of the Edo Deaf Athletics Team, praised the athletes for their dedication and resilience.

“The athletes have made Edo State proud, and we are committed to doing even more in future competitions. I must commend Hon. Amadin Desmond Enabulele for his dynamic leadership and unwavering support for deaf sports.”

The West Africa Deaf Athletics Championship was organized to commemorate the 50th Anniversary of ECOWAS, bringing together top deaf athletes from across the sub-region for a historic and highly competitive event in Abuja.

Sports

2026 World Cup: All You Need To Know About South Africa Vs Nigeria Match

Published

7 days ago

September 8, 2025

Editor

The Free State Stadium in Bloemfontein will take centre stage on Tuesday as South Africa’s Bafana Bafana host the Super Eagles of Nigeria in a crucial 2026 FIFA World Cup qualifier.

With Group C reaching its climax, both teams are under pressure to get a result. South Africa aims to solidify its position at the top of the group, while Nigeria is desperate for a win to keep its World Cup hopes alive.

Current standings

Bafana Bafana lead the group on 16 points after sweeping aside Lesotho 3-0 in their last outing. Nigeria trails in third with 10 points, just one shy of Benin Republic, who sit second. On Sunday, the Eagles narrowly edged Rwanda 1-0 to stay in the race.

Eagles under pressure

Nigeria’s inconsistent form—only two wins in five matches—means this tie could prove pivotal. Adding to the challenge, Hugo Broos’ South Africa are on a three-match unbeaten run at home and have won three qualifiers in a row.

Injury watch and key battles

The availability of Victor Osimhen remains uncertain after the striker suffered a knock against Rwanda.

Historically, Nigeria hold a slight edge in the rivalry with two wins in their last seven meetings.

Still, the South Africa team has been tough to beat on home soil, avoiding defeat in their last three games against the Eagles, including a 1-1 stalemate in 2024.

Rivalry

Nigeria’s last away win against South Africa came at the 2019 Africa Cup of Nations. Securing another statement victory on Tuesday would provide a huge boost to their qualification hopes.

Kickofft

The clash kicks off at 5 p.m. Nigerian time on Tuesday, September 9, 2025.

Fans can follow the action live on SuperSport, SportyBet TV, and AfroSport.