Sports and finance

Sport is one of the most important activities on the planet and one of the activities that generates the most money on the planet. In fact, not many activities developed by mankind move more capital than sport and everything that has to do with it.

The accelerated development of new technologies and communications, together with marketing, have raised the value of what sport generates on a global scale. It is not for nothing that so much is invested in this sphere and television companies live behind the contracts to broadcast major sporting events because they generate billions of dollars.

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Yesterday I read a news item that is the essential cause of this publication in which the hundred athletes who earned the most money in 2023 were announced and I have been able to confirm what some time ago I was discussing with a friend to whom I said that there are sports teams that generate more money in a month than some economic branches of some countries on the planet. I remember that the above was a topic of discussion between me and that friend because he said that I was saying stupid things. Hopefully he has read this news and can see that what I was saying was not untrue or stupid.

If you can look up the information and you will see data like this:

• Cristiano Ronaldo was the athlete who generated the most money with 275 million dollars.
• The first two in the list earned more than 200 million dollars.
• The third to sixth place earned more than 100 million dollars.
• The athlete on this list who generated the least money was Derek Carr, an American soccer player, and he earned $32.5 million.

Actually, I could not add up what each athlete on the list earned, but the sum exceeds five billion dollars.

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An additional comment

When you do an analysis of what these athletes generated you will realize that sports is one of the most lucrative economic activities and one of the most invested. When you compare this activity with others you will realize the great difference between them and why many young people choose this activity as a way to project their future.

It is true that the sport activity has a limited time, but if the capital earned during that time is well managed and this capital is invested, for sure this athlete will have his future assured and his retirement from sport will not be a problem.

Note: I have used the translator DeepL Translate.