Sunday, April 14, 2024

In weekly wages, Indian Premier League (IPL) among world top 2

Immigration News

Ahmad Shah Ghanizada
Ahmad Shah Ghanizadahttps://www.khaama.com
Ahmadshah Ghanizada is the deputy editor in chief for The Khaama Press Agency who manages and overlooks the English edition.

NEW DELHI: The world’s No. 2 sporting league in terms of average pay – only considering weekly pay – is the Indian Premier League, according to a salaries survey in world sport.

The IPL follows the NBA which remains the richest league in terms of average pay per player. “It (IPL) lasts just six weeks per year but with multi-million dollar short-term contracts for the best players and six-figure deals for many more, it is justifiable for inclusion, not least because many of those involved earn other incomes elsewhere during the rest of the year,” says Nick Harris, editor, sportingintelligence.com, who has published the Global Sports Salaries Survey 2011 along with ESPN The Magazine.

Royal Challengers Bangalore is No. 26 in the team list with weekly wages of $86,667 and Kolkata Knight Riders 29th with $85,545. NBA teams occupy 10 of the top 30 places, while MLB baseball teams occupy eight. Kings XI Punjab (40) and Mumbai Indians (44) are the other IPL teams in the Top 50.

Spanish football giants Barcelona and Real Madrid have overtaken baseball’s New York Yankees as the world’s highest paid teams. The survey said the average annual first-team wage at Barcelona was $7,910 million ($152,130 a week).

Real Madrid were second with their players earning an average $7,356 million a year while the average first-team salary at the Yankees was $6,756 million. NBA teams LA Lakers and Orlando Magic were fourth and fifth respectively followed by the Premiership’s Chelsea.

Rank
Team
League
Ave Annual Salary
Ave Weekly Salary
1
Barcelona
$7,910,737
$152,130
2
Real Madrid
La Liga
$7,356,632
$141,474
3
NY Yankees
MLB
$6,756,301
$129,929
4
LA Lakers
NBA
$6,540,690
$125,782
5
Orlando Magic
NBA
$6,367,114
$122,445
6
Chelsea
EPL
$6,020,741
$115,783
7
Serie A
$5,999,643
$115,378
8
MLB
$5,991,203
$115,215
9
Denver Nuggets
NBA
$5,990,174
$115,196
10
EPL
$5,863,585
$112,761
India’s Top Three
26
RCB
IPL
$4,506,667
$86,667
29
KKR
IPL
$4,448,333
$85,545
40
Kings XI
IPL
$4,065,833
$78,189
(IPL 2010 season, annual figures pro rata from weekly pay)

The report compares average first team pay in 14 of the world’s sports leagues, including the NBA, IPL, MLB, Premier League, NFL, NHL, Bundesliga, Serie A and La Liga. The salaries report features average salary information from 272 teams in 14 leagues in seven sports across 10 countries.

The Premier League remains the richest football league in the world with Chelsea, Manchester City, Manchester United, Liverpool and Arsenal among the top 30 best paid teams.

Manchester City, owned by Sheikh Mansour of Abu Dhabi, have stormed into the Top 10, with City’s average first-team annual pay in the 2009-10 season calculated at $5.9m ($112,761 per week).

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