By Stephen Brosnan - Stephen is currently working as a research assistant in the Department of Economics in University College Cork and he will shortly undertake doctoral study in the same university. His primary area of interest is regional growth and development but has an emerging interest in sports economics.
Recently, the website sportingintelligence.com released its annual Global Sports Salaries survey. The survey reports the top 333 ranked sporting clubs by average salary paid to players. The survey features clubs across a range of sports including soccer, basketball, baseball, American football and hockey. The table below highlights the ten highest spending clubs on average salaries paid to players in 2014-15, as well as all soccer clubs included in the Top 50.
Recently, the website sportingintelligence.com released its annual Global Sports Salaries survey. The survey reports the top 333 ranked sporting clubs by average salary paid to players. The survey features clubs across a range of sports including soccer, basketball, baseball, American football and hockey. The table below highlights the ten highest spending clubs on average salaries paid to players in 2014-15, as well as all soccer clubs included in the Top 50.
Source: Sportingintelligence.com (2015)
Eight of the top 10 payers are football teams, including the top four, while three come from baseball and one from basketball. Two of the 10 top payers are based in the USA, and four in England, with two in Spain and one each in France and Germany. The best paying sports teams in the world, in other words, come from elite European football and major league US sport. And the report notes that they are increasingly funded by oil.
For example, Paris St. Germain recorded the highest spending on players’ salaries with the club paying out average salaries of £5.30 million per player in 2014-15. The club had not featured on the previous edition of Global Annual Survey Report but the takeover by Qatar Sports Investments in 2012 has transformed the club into the world’s richest clubs. Paris St. Germain spend on average £101,898 per player in 2014-15.
Another aspect of player’s wages, particularly in soccer, is the migration of top players in Europe to leagues across United States, China and India. Sean O Conner wrote here about the highest earning players in the MLS which featured many players who previously played with some of the best clubs in Europe. The top 50 ranked clubs based on player’s average salaries includes six teams from the Indian Premier league, which was formed in 2013. Marquee players featured former stars of European football, Luis García (Kolkata Knight Riders), Elano (Chennai), Alessandro Del Piero (Dehli Daredevils), Fredrik Ljungberg (Mumbai) and David Trezeguet (FC Pune City).000
For example, Paris St. Germain recorded the highest spending on players’ salaries with the club paying out average salaries of £5.30 million per player in 2014-15. The club had not featured on the previous edition of Global Annual Survey Report but the takeover by Qatar Sports Investments in 2012 has transformed the club into the world’s richest clubs. Paris St. Germain spend on average £101,898 per player in 2014-15.
Another aspect of player’s wages, particularly in soccer, is the migration of top players in Europe to leagues across United States, China and India. Sean O Conner wrote here about the highest earning players in the MLS which featured many players who previously played with some of the best clubs in Europe. The top 50 ranked clubs based on player’s average salaries includes six teams from the Indian Premier league, which was formed in 2013. Marquee players featured former stars of European football, Luis García (Kolkata Knight Riders), Elano (Chennai), Alessandro Del Piero (Dehli Daredevils), Fredrik Ljungberg (Mumbai) and David Trezeguet (FC Pune City).000
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