A study by Sporting Intelligence has named Ligue 1 side Paris Saint-Germain as the sports team with the highest wage bill in the world.
According to the list, European soccer clubs make up eight of the top 12 wage bills in the world, and own each of the top four spots. Real Madrid sits behind PSG, followed by Manchester City and Barcelona.
The report says the average first-team salary for PSG is $8.2 million per year, costing the club over $1.5 million per week across the entire squad. Real sits just behind them at $7.82 million average salary. The club just won its third straight Ligue 1 title this season, but were eliminated by Barcelona in the Champions League knockout stage.
Despite owning just one of the top four spots, Premier League clubs make up four of the top 10, with Manchester United, Chelsea, and Arsenal joining City on the list. Liverpool sits at #14. The Premier League is also the highest paying soccer league in the world with an average salary of $3.46 million per year.
The report – known by Sporting Intelligence as the Global Sports Salary Survey – considered 333 professional teams across seven sports: football, baseball, basketball, American football, cricket, ice hockey and Australian Rules football. It states it only takes player wages into account, not sponsorship or endorsement deals.
For sports outside of soccer, there are six Major League Baseball teams on the list as well as five NBA teams. Not surprisingly, no NFL teams appear on the list given the lower salaries in American football coupled with the salary cap.