US Open 2016 prize money: Richest tournament in tennis offers huge earnings boost to Andy Murray, Novak Djokovic, Serena Williams and co August 25, 2016 The biggest prize in tennis has grown to record levels this year, with the US Open offering $3.5m (£2.7m) to its men’s and women’s singles champion. Tennis stars can come away from Flushing Meadows flush with cash after the US Open cemented its position as tennis’ most generous tournament by adding $200,000 to the pay cheque handed to [...]
UFC 202 Conor McGregor v Nate Diaz purse: How much will fighters earn from record pay day? August 21, 2016 Conor McGregor may have been soundly beaten in his first meeting with Nate Diaz, yet he remains the biggest draw in UFC judging by his pay slip for the rematch. The Irish fighter will earn a record-setting $3m (£2.3m/€2.7m) for his second go at Diaz at UFC 202, according to figures confirmed by the Nevada State Athletic Commission. Diaz meanwhile [...]
Global investors increasingly drawn to English football’s booming bargain bin August 11, 2016 Wealthy Premier League clubs and extravagant transfers such as Manchester United’s world record deal for Paul Pogba may hog the limelight, but canny investors are increasingly taken by England’s less glamorous teams. Four in 10 clubs in the three divisions below the top flight fielded approaches from potential investors in the last year, and that [...]
Rio 2016: As non-sponsoring brands get more scope to cash in on Olympic fever, official partners may be getting a bum deal August 8, 2016 Rio 2016 may have be tainted by doping scandals, the threat of the Zika virus, and worries of violence, but if you’ve got the money, sponsoring the Olympics seems like a no-brainer. Around 3.6bn people saw at least one minute of London 2012, and Rio’s audience is expected to be even bigger still, providing the 11 [...]
Premier League transfer spending down on last year as clubs hesitate in spending TV windfall August 2, 2016 An anticipated record-breaking close-season transfer splurge by Premier League clubs has yet to materialise, with spending slower than last summer, according to Deloitte. English top-flight teams shelled out £475m in July, £40m down on the £515m they spent 12 months earlier and significantly short of a predicted £1bn total gross outlay for the transfer window. Buoyed [...]
How much is an Olympic gold medal worth? How the monetary value of a medal in Rio compares to previous years August 2, 2016 The gold medals awarded to athletes at this year's Olympics are worth roughly $100 less than they were in London four years ago. At 85mm in diameter, Rio's gold medals are the same size as those draped around necks in 2012, contain the same proportion of gold, copper and silver content — 1.34 per cent, 6.16 per cent and 92.5 [...]
Revealed: How West Ham owners are free to cash in on Olympic Stadium deal July 31, 2016 West Ham United’s complex deal for the Olympic Stadium, the full details of which are laid bare for the first time today, could make the football club’s wealthy owners even richer than previously thought – at the expense of the taxpayer. As the Hammers prepare to play their first match at the largely public-funded £700m [...]
US PGA Championship prize money 2016: $1.8m earnings boost on offer at Baltusrol to Jason Day, Jordan Spieth, Rory McIlroy and co July 27, 2016 Victory in the US PGA Championship in New Jersey is the joint-second most lucrative prize money pay cheque for a single event on the golf calendar. Reigning champion Jason Day earned $1.8m, the tournament’s largest ever winner’s reward, at Whistling Straits last year and the prize remains the same this time at Baltusrol. That lucrative take comes from [...]
Barcelona move ahead of Real Madrid with record-breaking revenue July 26, 2016 Barcelona have become the first club to announce revenue figures worth over £500m after generating record-breaking turnover of €679m (£570m) in the 2015/16 season. The Catalan club, who won both La Liga and the Copa del Rey last season, believe the results keep the club on course of meeting its revenue target of €1bn by 2021. The [...]
Chris Froome prize money: Team Sky rider on verge of Tour de France victory – but how much will he earn? July 23, 2016 Chris Froome has all but secured a third Tour de France title ahead of the final stage in Paris, and his reward for being the first Briton to achieve such a feat will be fittingly lucrative. The Team Sky rider has a seemingly insurmountable lead over Romain Bardet of four minutes and five seconds following a wet penultimate [...]