There have been many changes in the game of basketball since seeing the Dream Team winning the gold medal during the Olympics in Barcelona, Spain. The sport is one that is globally played and the NBA now boasts over 90 players from other countries other than the United States. It is expected to see that number rise in the upcoming season.
The FIBA World Cup of Basketball is well on its way to being close in popularity to soccer, it is gaining much excitement as more viewers are watching it worldwide. It may not being seen in the U.S, the preeminent location for basketball but is on its way. Whilst the FIBA most likely will not see an equal prestige as FIFA does, there still are a number of signs that the gap is on its way to being diminished.
Based on a report by A.T. Kearney, a consulting firm, basketball is represented mostly by the NBA and furthermore represented six percent of sports related revenue in 2009 with an estimated 2.7 billion being generated. However, when compared to soccer that number in revenue soared to just shy of 20 million euros.
Yet still, there have been some changes over the course of the last 5 years, especially when relating to basketball. It has seen salary caps risen based on the projected income for the NBA of $4.75 billion (based on the 2014-2015 season). That is a number that could easily increase over the next few years in part due to a number of national T.V agreements. At this point, it still sees the NBA behind the Premier league in revenue, which surpassed $5 billion during the 2013-2014 season.
The NBA, unlike the EPL is not the only one to see billion dollar revenues in the world of soccer. Multiple leagues such as France’s Ligue 1, Germany’s Bundesliga, Russian Premier League, Brazil’s Campeonato Brasileiro Serie A, Germany’s Bundesliga, Italy’s Serie A and Spain’s La Liga each have surpassed the billion dollar mark in earnings. This does not factor in the over 20 plus leagues in existence worldwide, which collectively earn more than the NBA.
It is clear that soccer remains the most dominating in sport and there are doubts that will ever change. They have substantial financing, sponsorship and generate huge sums in revenue making it a lucrative sport to be involved in. Basketball is gaining momentum but is clearly far behind in comparison.
The NBA however has done a remarkable job over other sports in relation to its star players and how they are marketed to help draw in revenue. Stars such as Kevin Durant, Lebron James and Kobe Bryant are just a few who are leading that pack. However, when compared to the stars of soccer, it pales by comparison. Cristiano Ronaldo alone has a record 127 plus million followers through various social media outlets and that says a great deal.
No matter how you look at it, soccer is king and basketball is a mere prince. Whether that will ever change, it is doubtful. As it does grow, websites are becoming more dedicated to the sport, especially in the arena of sportsbetting. Sites such as PokieCasino offer many betting sites who offer various opportunities to place bets on both the NBA and FIFA.