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Koepka pocketed two million dollars without playing

Ending the Wyndham Championship event on August 4, the world’s number one golfer received an additional $ 2 million in prize money from the PGA Tour even though he did not take the tournament.

This is the bonus for the number one FedEx Cup score that Koepka held after the end of the main season of the PGA Tour (not including three FedEx Cup playoffs). Since this season, the top 10 best golfers of the season will share a $ 10 million bonus fund.

Rory McIlroy in second place earned $ 1.5 million, while Matt Kuchar came in third with 1.2 million. The next shared names were Xander Schauffele, Gary Woodland, Patrick Cantlay, Dustin Johnson, Paul Casey, Webb Simpson and Jon Rahm.

Koepka received additional bonuses equal to what he earned with the PGA Championship this season.

The most interesting case belongs to Webb Simpson. Thanks to the second goal at the Wyndham Championship, with many golfers not playing, the 33-year-old has climbed from No. 13 to ninth FedEx Cup score. This achievement helped him pocket an additional $ 550,000 from the PGA Tour. Along with a 670,000 prize for runner-up Wyndham Championship, Simpson received a total of $ 1.22 million – more than James Poston’s championship prize (1.11 million).

“Honestly, the bonus is not my goal,” Simpson said after going home with just one club more than Poston. “I was left far away in the third round, but then came very close to the championship on the day of the curtain. I played very well but not champion. That’s what haunts my mind.”

Wyndham Championship is the second consecutive event Simpson finished second. He was previously behind Koepka at WGC-FedEx St.Jude with a three-stroke gap. In June, North Carolina golfer also ranked T2 in the Canadian Open. This season, Simpson entered the top 3 at four events but could not yet have the sixth PGA Tour title. His closest championship is The Players Championship 2018.

The United States is confident of its profits from the 2026 World Cup (Part 2)

Some stadiums in Brazil are also built in remote areas, such as Manaus near the Amazon rainforest. After the World Cup ended, it was rarely used.

Brazil’s economy has been volatile since the past, due to rising private debt and rising inflation. In 2014, they fell into recession. The World Cup could not save Brazil, but perhaps helped push them deep into crisis.

Chicago has withdrawn from competing to host the 2026 World Cup because FIFA has asked to build a dome around the city’s Soldier Field. “FIFA’s rigidity and unwillingness to negotiate clearly indicate that Chicago will not be of any benefit if pursuing this,” said Chicago mayor spokesman Rahm Emanuel.

However, Miami mayor Carlos Gimenez was optimistic. He thinks the World Cup could boost tourism during the low season in Miami. The World Cup is expected to bring about US $ 800 million – US $ 1.6 billion for this city.

However, the net benefits from tourism are also often modest, said Andrew Zimbalist, author of a study book on the economics of host countries in the Olympics and the World Cup. According to him, the “evacuation effect” will offset the revenue from tourists, because people will also leave to avoid disturbance.

Besides, some cities will benefit more than others. For example, New York is a tourist mecca in the summer. But if they were not chosen as the venue, tourists could move to another city. By contrast, if Boston’s Gillette Stadium is chosen, tourism here will flourish. In 1994, the most damaged city in the US was Orlando, because football caused the revenue of simulation parks to plunge.

Meanwhile, increasing the global presence is even more difficult to measure than tourism. Dalas was one of the cities chosen in the 1994 World Cup. Bobby Abtahi – one of the city leaders, said that this helped their reputation to increase. “We have gotten rid of a lot of misunderstandings and really become an international city since then,” he said.

Winter says that success or not is just a matter of awareness. “Stop pretending that this has a different purpose. I thought this was just a huge party. ”

How do Premier League clubs make money? (Part 3)

In 2016, while Germany, France, and Italy had the fourth consecutive season without changing the champion, Leicester formed an earthquake when suddenly winning the cup even if it was a “poor child” team.

While European teams pour money to develop young players, English clubs show off older stars whose popularity is not the peak. The Manchester United deal spent a record 59.7 million on Ángel Di María and eventually the brightest star had to leave after just one season because it was not an example. Besides, the coaches are hired with the price in the sky but then fired in the blink of an eye, forming dramatic events.

The success story of English football can continue to maintain after the Brexit event? The strong depreciation of the pound made the cost of hiring foreign players high. But because many clubs’ revenue sources are also foreign currencies, negative impacts from the pound are still under control. Instead, the greater concern lies in immigration policy.

After Brexit, European players may be more tightly controlled. N’Golo Kanté, a young French player who made a great contribution to Leicester’s championship last year may have difficulty in licensing.

In addition, although football clubs have money to buy foreign players, they still cannot win big titles. Stars like Robert Lewandowski know that there is a good chance that they will be honored if they sign a contract with Bayern Munich, while Manchester’s chances are not so much. This makes the Premier League lose some of the best players like Luis Suárez and Gareth Bale.

At the present time, smart marketing strategy and an attractive tournament with lots of drama are enough to keep the world tied to English football. However, in the long run, the tournament will lose its attractiveness if it cannot attract big stars. Football clubs You need to play soccer better.

The United States is confident of its profits from the 2026 World Cup (Part 1)

The 2026 World Cup will be held in 23 American cities, Canada and Mexico. These cities are optimistic that tourism and increasing international presence will help boost the local economy.

Restricting infrastructure costs is key to economic success for any country that wants to host sporting events, said Victor Matheson, an economics professor at College of the Holy Cross. The 1994 World Cup in the United States was more economically successful than the last 5 World Cups. They only spent $5 million on stadiums, compared to $ 3.6 billion in Brazil in 2014.

So the 2026 World Cup is also expected to follow this pattern. 15 of the 17 stadiums proposed by the United States are home to American football teams in the national championship (NFL). To host the World Cup, they may need to be renovated. However, Matheson said the new stadiums are specifically designed to still be able to make a normal soccer field.

“The cost of public will not be large,” documents US officials submitted to FIFA said. The US estimates this event will generate the additional $ 5 billion in short-term economic activity.

However, many people still warn of the previous World Cup shows more harm than good. The 2014 World Cup in Brazil cost $15 billion. “This is a wasteful, costly job,” said Brian Winter, vice president of policy at the American Business Council. “All the promises are in vain.”

Plans to invest in high-speed trains or new airplanes have been lengthened, as the country has poured money into building giant stadiums, hoping to create more economic opportunities. However, Ludovic Subran – chief economist at Euler Hermes – said that these were only false hopes. “It is like building a stadium in Rust Belt (an area of ​​the US) and saying that it will stimulate the economy of the country. I do have it”.

How did the Rio 2016 Olympics earns “money” from sports advertising?

The Rio de Janeiro Olympic Games benefited greatly from two new sources of money in the sports advertising sponsorship market.

According to estimates of French L’Expansion Economic Magazine, the Olympic Games will break the record of revenue. It was estimated that the money this Olympics earned from television rights is 4.1 billion euros, almost double that of the previous Olympics in London. Video images were generating a lot of money, because the Internet infrastructure is now strong enough for Facebook and YouTube to start competing directly with broadcasters.

Facebook has been pouring money into sports tournaments since offering live television services. The Facebook logo has appeared on the athlete’s shirt in many sport tournaments including the Rio 2016 Olympics.

“Traditional television pays money to transmit a whole game or transmit a competition, and YouTube, Facebook and Twitter websites focus on buying outstanding excerpts from that ball or contest.”

The second largest source of money comes from countries that are in need of improving their position and image in the world, namely “China, Brazil, Russia, Kazakhstan, Azerbaijan, Malaysia, South Korea, Singapore, etc. Since recent years, these countries have poured money to advertise and sponsor, making sports revenues and the Olympic Games skyrocketing, but the amount of sponsorship and advertising from Western countries has increased but not mutated. Countries from Asia are also seeking to build “soft power”, by “hosting sporting events, increasing sponsorship, acquiring European clubs and increasing investment in top-notch sports in water”.

Daily Mail said that the Rio de Janeiro Olympic Organizing Committee is lucky, benefiting from these two new sources of money. Adding money from websites and from emerging countries, while traditional revenues from television and developed countries remain unabated, the proceeds are hopefully enough to cover the cost of more than 12 billion USD spent on this Olympics.

How do Premier League clubs make money? (Part 2)

In the formula for the success of English football, there are both elements of luck and tactics. English is not a guarantee of success, but nonetheless, the official language of the country of fog helps to create more advantages than Germany or Italy. Besides, Europe’s time zone allows early risers in the Americas and “night owls” in Asia to conveniently watch matches.

However, the biggest change lies in the opening of the English Premier League to players, managers, and foreign owners. When Arsène Wenger became Arsenal’s manager in 1996, he was the fourth non-Englishman and Ireland to become an English club leader in the history of football. Today the number has increased to 13. And since the first match was held in 1992, the number of foreign players has increased from 13 to 69%.

The convergence of international soccer stars here further enhances the appeal of the tournament. Koreans turned on the television to watch Tottenham Hotspur’s Heung-Min Son play, while Senegal people watched Liverpool’s Sadio Mané. After the Russian billionaire Roman Abramovich bought Chelsea in 2003, the Premier League became a playground for foreign billionaires. In total, they hold a stake in 12 clubs, including small teams like West Bromwich Albion and Swansea City.

English football clubs are also faster than others in promoting foreign images. Manchester United have been starting tours in Asia since 1995, while in 2003 the Spanish royal team Real Madrid did so. Last summer, English teams became the focus of attention in many cities around the world from Houston to Hong Kong. They also expand operations everywhere. Manchester City owns several clubs in New York, Melbourne, Yokohama, and Montevideo.

The Premier League has a few characteristics that have lowered the standard but made fans feel more excited when watching the ball. The teams together agreed on advertising and the tournament was more dramatic than the other tournaments, unlike Real Madrid, Juventus and Bayern Munich overwhelming and took up most of the profits in Spain.

How do premier League clubs make money? (Part 1)

English football is poor, clubs are getting richer because the fans for them are not diminishing. Why is that?

Motorbikes with the logo of a football club from England Manchester United crept in the streets of Bangkok. Fans in Okene, Nigeria, wore a red and white shirt to dance on Arsenal Day. The Premier League buys broadcast rights and live television in more than 180 countries, with clubs fans all over the world. 25 years since its inception, the Premier League has become the most profitable product in the “king” sport. According to data from Deloitte, the Premier League clubs earned £ 4.6 billion ($ 5.8 billion) in the 2015-16 season, nearly double the number of other football leagues.

This is even more impressive when Britain is not the best soccer ball in the world. ClubElo.com, the site that scores teams according to data on the opponents they beat, calculates that no club from England is in the top 5. Eight years ago, England contributed up to 4 names. The last time an English football club reached the final of the European Cup, the most prestigious tournament in Europe, has been since 2012. And the last time a Premier League star reached the top 5 in the Golden Ball. Europe is also from 2011. Spain, Germany, Italy, and France are now dominating this list.

In 1989, Britain shook with the Hillsborough disaster when part of the stadium’s stadium collapsed and killed 96 Liverpool fans. The event caused all stadiums in the UK to unload the stand and new safety standards. Over the next decade, clubs spent a total of £ 500 million to renovate the stadium, accompanied by higher ticket prices and wealthier fans. At the same time, money poured into the English Premier League thanks to a deal with satellite TV BskyB. The deal also raises the price of the previous fee that ITV has to pay.

Top 10 sports that bring the highest income (Part 2)

Let’s continue the list!

4. American football

The typical American sport today has become popular all over the world with the average salary for players of $2.1 million per year. The highest-paid player is Andrew Luck (USA) with the amount of $50 million.  

3. Ice hockey

$2.9 million is the average amount that sports stars are cold and this speed is received every year. The current highest-paid hockey player is Jonathan Toews (Canada) with a total income of $16 million (over VND 363 billion) in the 2016-2017 season.

2. Baseball

Maybe we find baseball quite boring and confusing but this is one of the very popular sports in the United States, the attraction and the money it brings is also very large. The salary that athletes receive is about $ 4.4 million (nearly 100 billion) per year, the highest of which is Clayton Kershaw (US) with the amount of 33.3 million dollars (more than 756 billion).

1. Basketball

The NBA, the most famous basketball tournament in the world today, is also the highest-paid sports player in the world with the number of 6.2 million dollars each year. In which LeBron James (USA) is the highest income basketball player in the world, and the second-highest income sports athlete in the world, with the figure of $86.2 million.

Looking at the chart above, we can see that the annual income of an athlete is not related to the average income of the sport that the competitor is competing. Salaries, bonuses, reputation, and advertising contracts are the factors that play a role.

Besides, nowadays, E-sport is a successful sports industry that worths up to tens of millions of dollars. According to Forbes, some organizations are now valued at more than $200 million. They receive huge investments from the outside, which are expected to make larger amounts in the future.

Top 10 sports that bring the highest income (Part 1)

Surprisingly, football with the participation of Ronaldo and Messi only ranked 5th.

Nowadays, sport is not just about exercise or competition, but also a career, that helps athletes earn a lot of money, including salaries and advertising contracts.

10. Bicycle racing

This is one of the most arduous sports in the world when athletes have to play under extreme conditions. The average professional driver receives about 33,000 (nearly 750 million) per year. The highest salary paid in the world today is Alejandro Valverde (Spain), last year received $381,000.

9. Tennis

This noble sport attracts a huge audience all over the world, and the average income of professional athletes is also very large, in the range of  $50,000 each year. If it is a famous athlete, in addition to salary, their income comes from bonuses and advertising contracts, depending on the attraction of each athlete. Currently, Roger Federer (Switzerland) is the highest income player in the world with the amount of $64 million.

8. Boxing

For this dangerous sport, the amount of bonuses the boxers receive is calculated according to each round. As for the average salary, they can get about $75,000 each year. Canelo Alvarez (Mexico) is currently the world’s most valuable boxer with $28.5 million.

7. Golf

The average amount that golfers receive each year is about $ 700,000. In it, Rory McIlroy (England) is the world’s most expensive golfer with $50 million.

6. Motor racing

This speed sport never ceases to bring extreme excitement to viewers, so the racing athletes also receive a corresponding salary, an average of $1 million each year. Lewis Hamilton (UK) is currently the world’s number one driver of the salary award with a figure of $46 million.

5. Football

The most popular sport on the planet has a huge fluctuation in wages and player transfers in recent years, but on average in the world’s top leagues, one player gets about $2 million per year. For stars, that number could increase dozens of times, plus advertising contracts. Cristiano Ronaldo (Portugal) is currently the highest income player and athlete in the world with a huge salary last year of $93 million.

Leaving the training chair, Sir Alex still earns money from Man United

£ 2 million is Sir Alex Ferguson‘s income from United in 2014, though he said goodbye to the team after 26 years of coaching.

After retiring from the army, coach Sir Alex Ferguson was appointed by Man United to be the club’s global ambassador. In this capacity, the Scottish veteran is tasked with expanding the influence of the “Red Devils” around the world and in all fields.

Last time, Sir Alex has many trips around the world to develop the brand of the team. Last October, he also nominated former “Red Devils” Park Ji Sung to become Man United Ambassador to promote Man United’s image more widely in Asia.

Sir Alex is Man United’s global ambassador.

United’s remuneration is for the very old ex-coach. According to Man United’s latest spending table, they spent £ 2,165 million in the 2013-2014 fiscal year to pay Sir Alex. In fact, the money that United paid Sir Alex was nearly half of the amount they had to pay to liquidate the deal with manager David Moyes and his colleagues (£ 4.8 million).

In the past, the Red Devils of Manchester also had the same remuneration for a global ambassador, Sir Bobby Charlton in the 2013-14 season.

The report also said Ed Woodward was the highest-paid official at Man United. As CEO of David Gill since July 2013, Ed Woodward received a salary of £ 2,521 million a year. According to Sport Mail, this is Ed Woodward’s rewarding merit for Man United in the club’s difficult period. With this salary, Ed Woodward also became the highest-paid official in English football history. At Arsenal, the highest compensation for CEO Ivan Gazidis was £ 2.19 million. In Man City, £ 2 million is the annual salary received by CEO Ferran Soriano.

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