What sports get the most NIL deals?
What sports get the most NIL deals?
By 'Reece Townsend January 26, 2023 11:45
Negative incentives for athletes, commonly known as NIL (name, image, and likeness) deals, are an important source of income for many athletes. Sports such as basketball, baseball, and football are some of the most popular in the United States, and many of their athletes earn significant amounts of money from these deals. But what sports get the most NIL deals?
The NCAA (National Collegiate Athletic Association) has been the primary source of NIL deals since its inception, and it is responsible for distributing the majority of the money that athletes earn from these deals. Basketball, baseball, and football are the three sports that have historically been the most profitable, and they continue to be among the most popular sources of NIL deals.
Basketball is the most lucrative sport in terms of NIL deals, with the NCAA distributing $3.3 billion in 2019, followed by baseball with $2.1 billion and football with $1.4 billion. Basketball players have a greater opportunity to be drafted into the NBA, which allows them to sign lucrative contracts and draws attention from sponsors who are willing to pay for their NIL deals.
Baseball and football are also popular sources of NIL deals, though not to the same extent as basketball. Baseball players often get a share of the revenue generated from television and radio broadcasts of their games, as well as from merchandise sales. Football players receive a portion of the revenue generated from ticket sales, as well as from the sale of memorabilia and other merchandise.
Golf and tennis are two sports that are often overlooked when it comes to NIL deals, but they are actually quite popular. The golf industry generates over $2 billion in revenue annually, and many of its players have lucrative sponsorship deals. Tennis players tend to get a smaller share of the revenue generated from their matches, but they are still able to make money from sponsorships and endorsement deals.
In conclusion, basketball, baseball, and football are the three sports that receive the most NIL deals. Basketball is the most lucrative, with the NCAA distributing $3.3 billion in 2019, followed by baseball with $2.1 billion and football with $1.4 billion. While golf and tennis are often overlooked when it comes to NIL deals, they are still popular sources of revenue for their players.
SHOP Mystery Signed Memorabilia
-
Mystery Signed Football 8x10 Photo
- Regular price
- $29.99
- Regular price
-
- Sale price
- $29.99
- Unit price
- per
-
Mystery Signed Football Jersey
- Regular price
- $69.99
- Regular price
-
- Sale price
- $69.99
- Unit price
- per
-
Mystery Signed Baseball Jersey
- Regular price
- $69.99
- Regular price
-
- Sale price
- $69.99
- Unit price
- per
-
Mystery Signed Baseball 8x10 Photo
- Regular price
- $29.99
- Regular price
-
- Sale price
- $29.99
- Unit price
- per
LATEST
- NEWS
- |
- ARTICLES
- |
- VIDEOS
FAN ARCH PODCAST NETWORK
