What is the biggest sport?

What is the biggest sport?

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American football is one of the top sports in the USA – the national sport itself is baseball, according to many online blogs – and the NFL generates a great deal of excitement for fans every week.

The league came into existence when the American Football League and National Football League merged in 1970, and the league took the name of the older of the two.

Of course, the main game in the NFL is the Super Bowl, where the winners of the American Football Conference and the winners of the National Football Conference face off against each other in January or February.

The NFL is not the only sport that has attracted a large fan base. Formula 1 also attracts crowds as fans watch drivers lap international circuits at Grand Prix speeds at dizzying speeds.

Although many races had been held before, the world saw its first unified racing championship in 1925. At the end of the 1949 season, there was an announcement by the racing federation to create the Formula 1 World Grand Prix Drivers’ Championship.

But which sport is bigger? Here’s a look at that question, discussing value, fan bases and some of the biggest names in both sports.

NFL: Value and Fan Base

The Super Bowl betting season is the biggest event on the American sports calendar, and as the year comes to a close, the NFL playoff odds change from week to week as the drama intensifies. The teams themselves also do a tremendous amount to create value in the league.

According to sports website AS, the combined value of all 32 NFL teams is $142.87 billion, and online business magazine Forbes reports that the average NFL team is now worth $5.2 billion.

The league has done its best to build its fan base. Much of this is thanks to media deals that increase coverage and broadcasting and make games more accessible to fans in general. Attendance at live games is also common.

Consumer and market data company Statista reported that the games saw an average attendance of 70,000 people in 2022 and more than 18.8 million in 2022.

There’s a lot of value in Formula 1 too. F1 is part of Liberty Media, its sports empire Forbes The largest has been set for 2023 at $21 billion. The publication also estimated that the 10 Formula 1 teams are worth $1.88 billion on average.

In terms of fans and attendance, Formula 1 races also see a small number of empty seats. In 2021, 2.69 million fans attended racing events. Three Grand Prixes (Mexico, USA and Great Britain) enjoyed an attendance of more than 300,000 people. Globally, the average television audience per race meeting was 70.3 million.

Formula 1 reported a total of 49.1 million social media followers in 2021 as well. The organization believes that year it was the fastest-growing major sports league in terms of fan growth. It is also believed that the fan base is becoming younger and more diverse.

The biggest names

Both sports have produced some household names who have amassed significant fortunes thanks to their adventures in their sports. Patrick Mahomes, who serves as the starting quarterback for the Kansas City Chiefs, has been reported Welcome! Online to boast a net worth of $70 million.

This pales in comparison to the net worth of Tom Brady, the man considered by some to be the greatest player in the NFL. The retired quarterback who loyally served the New England Patriots and then the Tampa Bay Buccaneers has been reported to have a staggering net worth of $300 million.

New York Jets quarterback Aaron Rodgers, who moved from the Green Bay Packers to the New Yorkers, has a good net worth. His net worth is $200 million and his annual salary is $37 million making him one of the highest-paid athletes in the world.

Although obtaining net worth data in Formula 1 is a bit not easy, it would not be a surprise if the Red Bull driver is the highest paid among all the drivers at $55 million. In a profile updated in August 2023, Forbes estimated his earnings at $64 million.

However, there is more data about Mercedes man Lewis Hamilton’s net worth. The Briton’s net worth is estimated at $285 million. In addition to his on-track services for employers, Hamilton has undertaken ventures such as a clothing line, a plant-based burger chain, a grocery delivery app, and a beverage company.

Both the NFL and F1 have tremendous value and a legion of fans. While team franchises in the NFL have a higher value than in Formula 1 and players appear to be able to amass higher net worths, Formula 1 appears to excel in attendance and following. This is likely because the racing revenue could accommodate a larger number of people.

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