Wednesday, May 11, 2011

Hypo Venture Capital Headlines: The Geography of Superstar Sports Hypo Venture Capital Headlines: The Geography of Superstar Sports Millionaires

http://hypoventure-capital.com/?p=30


http://www.theatlantic.com/entertainment/archive/2011/04/the-geography-of-superstar-sports-millionaires/237741/
The world’s elite athletes earn hundreds and sometimes thousands of times more than what an average citizen in their native countries brings home
Florida_SportsGeo_4-22_banner.jpg
Boxer Manny Pacquiao and baseball star Alex Rodriguez top the list of the world’s highest paid athletes, according to new data compiled by ESPN.
ESPN tracked annual salaries–the base pay the players received for their most recent season or calendar year (endorsements and other sources of income were excluded) across 182 nations and 17 sports, from baseball and basketball to badminton and cricket. Salary data was collected from “multiple sources, including leagues, agents, consulates, embassies, sports federations, cultural centers, and the U.N.”
According to the data, it’s not football, baseball, basketball, or even NASCAR that accounts for the lion’s share of sports superstars. Wake up, America: 114 of the 184 best-paid athletes in the world play soccer–almost seven times more than the next runner up (basketball, with 18 uber-rich players). For the rest, there are 12 baseball players, six auto-racers, five golfers, five football players, four cricketeers, three boxers, and three track and field contestants. Rugby and tennis each contribute two competitors, and there is one representative each from badminton, cycling, motorcycle racing, sumo wrestling, and yachting.
Athletes_chart1_edit.png The first map, above, by Zara Matheson of the Martin Prosperity Institute shows which countries these athletes live in. The richest two players, Pacman the Destroyer and A-Rod (both earned $32,000,000), live in the Philippines and the U.S. respectively (A-Rod spent much of his childhood in the Dominican Republic, but was born in New York City). Finland’s Kimi Raikonnen ($26.3 million) and Spain’s Fernando Alonso ($22.7 million), both auto racers, are the third and fourth highest paid. Venezuela’s Johan Santana clocks in at $21 million and some change; Italy’s Valentino Rossi, a motorcycle racer, earns $20,800,000.

1 comment:

  1. We’ve got an underinsurance problem in this country. Less people selling insurance will only make the problem worse....

    ReplyDelete