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

UCL, EPL: Petr Cech Advises Chelsea On How To Win Trophies

Published

1 day ago

May 4, 2026

Editor

Chelsea legend, Petr Cech, has advised his old club on how to win the UEFA Champions League or the English Premier League.

Chelsea are already out of the Premier League title race this season, and they are at risk of missing out on UEFA Champions League qualification for next season because they are currently not in the ninth position on the Premier League table.

Speaking to The Athletic about Chelsea, Cech said that the Blues need to change their philosophy of signing only young players if they want to win the Premier League or Champions League.

According to the former goalkeeper, the Premier League west London club needs to add experienced players to mentor the young players in the squad.

“You have to look at what you want to achieve. You can have young, talented players, and you can win, but it’s very rare that you manage to do that,” he said.

“If you want to win every season and compete every season, that does not go together.

“You have to change your philosophy. Certain things don’t go together because, in order to win a Champions League or a Premier League… these are really tough competitions, and you have to be consistent.

“You need to have a strong core of the team. And then you can bring young, talented players who will grow faster and then will be held by the experienced players to help navigate them through difficult times when they come.”

Currently, Chelsea have just one player, Tosin Adarabioyo, who is over 28 this season, and the defender has not been playing regularly.

Sports

Enabulele Lauds Okpebholo’s Bold Reforms As Edo Sports Witnesses Revival

Published

5 days ago

April 30, 2026

Editor

The Executive Chairman of the Edo State Sports Commission, Hon. Amadin Desmond Enabulele, has commended Governor Monday Okpebholo for what he described as a bold and transformative approach to sports development.

Speaking on efforts to reposition sports in the state, Enabulele noted that with Okpebholo’s visionary leadership, the sector has witnessed renewed growth.

In a statement issued by his Media Officer, Edoko Wilson Edoko, the Edo Sports Commission boss attributed the progress to the governor’s strategic policies and sustained commitment to youth development, which he said have laid the foundation for a more structured and results-driven system.

“His Excellency has demonstrated clear vision and genuine commitment to sports development. The level of support we are receiving has significantly repositioned Edo as a competitive force in national sporting events,” he said.

He explained that targeted investments in grassroots development are already producing results, with a growing number of young talents being identified and nurtured across multiple disciplines.

“We are deliberately building from the grassroots. A large percentage of our athletes today are homegrown, which speaks to the sustainability of our development model,” Enabulele added.

The Commission, he noted, is also shifting away from an over-reliance on football to a broader multi-sport focus.

Edo State, he said, is now recording improved performances in athletics, combat sports, and other emerging areas.

“Our goal is to strengthen all sports. The results are beginning to show across different disciplines, and this is only the start,” he said.

Enabulele further pointed to ongoing improvements in sports infrastructure and athlete welfare as critical factors in sustaining performance and encouraging wider participation among young people.

“We are building a system that will endure. With the continued support of the governor, Edo is on course to becoming a dominant force in sports at both national and international levels,” he stated.

He expressed confidence that the current momentum would translate into greater achievements for Edo athletes, reaffirming the Commission’s commitment to excellence, discipline, and long-term development.