Just 50 years ago, sports as a profession became available in Denmark. In other countries they were a little ahead, but not by much. Before, you couldn't make a living as a cyclist, soccer player or tennis player. It was mostly something you did for sport. In Denmark, it was the soccer player Harald Nielsen who really pushed things forward. In 1967, he was sold for 6.3 million Danish kroner. An absolutely insane sum by the standards of the time. At the time he was the most expensive player in the world. He was the starting point and the dream of actually making money from his sport. A lot of water has flowed under the bridge over the years. Today, sports is a huge industry. Read below and find out who really makes money in professional sports.
Online casino sports betting is a huge industry
One of the biggest industries associated with professional sports is the gambling industry. Gambling in connection with sports is not a new concept. Sideline and behind-the-scenes betting has been around since time immemorial. What is new is that it has grown and systematized with sports. The system runs through online casinos or betting shops. As betting shops at bonusodds.net here is a lot of opportunities to bet on almost every sport in the world. It's hard to answer whether this is the biggest industry associated with the sports world. There are many other industries that also benefit from professional sports. How online casinos have become the biggest gaming trendThere is no clear answer. But there are signs that digitization of just about anything that can be digitized is playing an important role. On this site, they write how to start betting on sports in Sweden.
Professional sports are not very old
Harald Nielsen opened the ball in Denmark and sowed the seeds in many young soccer players. Living Danes still remember Harald Nielsen and can tell stories about his journey from ordinary athlete to professional soccer player with real money in his account. His journey is a source of inspiration and a dream for many. There are many athletes today who actually make a living from their sport. Here at home, soccer is still the most lucrative sport, both for the players and for the whole mechanism surrounding the sport. However, there is no big money in Denmark for soccer or other sports.
There is more money abroad as a professional athlete
Denmark is a small country. There is no big money living in Denmark when it comes to professional sports. Even though we have raised some of the best athletes in the world, they have not earned their money or their titles in Denmark. In the rest of Europe, in almost all countries, you can make a lot more money in professional sports than in Denmark.
The actual industry associated with sports is also much bigger abroad than in Denmark.
Some sports are more profitable than others
Soccer is reputedly the most popular sport in the world. Consequently, it is only natural that it is also the most profitable. All little boys and girls around the world played or watched soccer as children. Kids play it in the schoolyard, in the alleys, and in all the green spaces. Older kids are content to watch or join a club. Clubs single out the best players and put them on the best teams. New talent is nurtured and careers can begin.
In other sports, it's not so simple. While tennis, for example, is a fairly popular sport that also makes good money, it is not a sport that is played like with the milk of the mother, as in the case of soccer.
An athlete makes money in several ways
A professional soccer player earns money by playing soccer. His salary comes from the club he plays for. Most professional soccer players are bought and sold. Quite a few really big players sign a contract at their own club and stay there. However, a player's salary is not the only way he earns money. Many sponsors will pay exorbitant amounts of money to have a player wear their shoes, drink soda, travel with their travel company, live in their property, and so on. There really is no limit to how much an experienced soccer player can earn through sponsorship. While most clubs slap their players, there can also be very good money for interviews and participation in books and television. Merchandise is also a source of income for professional athletes. However, you have to be pretty popular,
Athletes retire early.
The world of sports has always been physically demanding. The fact that money has been added to the game has not made it more relaxing. It takes a lot more than a regular eight-to-sixteen job to become a better athlete. It requires that you are always in great shape, both physically and mentally. You are subject to a sea of restrictions and all kinds of dedication to your career.
A hard life means that you rarely age in your sport. Long before their natural retirement age, they have to give way to younger new professional athletes.
The club also makes money in several ways.
Clubs that pay players also make money in several ways. Buying and selling players is not always profitable for the club. Meanwhile, it is an investment in possible profits in the long run. In other cases, from time to time, it is an absolutely necessary investment. Tickets, season tickets and memberships provide a predictable income each year. Merchandise such as t-shirts, mugs and all sorts of other merchandise also provide significant returns. Sponsorships that individual players receive are also a source of revenue. Even if there are always stricter rules for advertising, it doesn't make much difference to the ability to make money from sponsorships.