That was the largest total in American motorsports history to that point. Additionally, factors such as bonuses for winning or finishing well in races and endorsement and sponsorship deals can also play a significant role in drivers overall earnings. If you go by the numbers, its not hard to see that the NFL is preferred by a lot more people than NASCAR and the revenue generated seems to back that up. receive our occasional offers and news, you may opt-out at any time. First-year players in the NFL can expect to make an average of $365,000 per year, and that constantly rises anywhere from $5 to $10 thousand per year. NASCAR racer Jimmie Johnson earned about a $2 million Cup title bonus when he took the prize in 2016. There is no doubt NFL viewership is going down according to Austin Karp of the Sports Business Daily. This is said to be due to both the sudden attention to concussions and the resulting CTE (chronic traumatic encephalopathy) as well as from a negative response to NFL players taking a knee during the national anthem to protest racial inequality. second category is where the professional racers belong to. Why? Salaries for NASCAR drivers range from $20K to nearly $600K, according to salary tracking sources. Its not even close, especially when you look at the time NASCAR decided it wanted to change the airing of its 2017 October Monster Energy Cup race from a Saturday night to a Sunday afternoon, up against some televised NFL games. For example, last year Cleveland Browns rookie quarterback Baker Mayfield signed a four-year deal worth $32.68 million (with a $21.85 million signing bonus) and running back Saquon Barkley and the New York Giants agreed to a contract worth $31.2 million (with a $20.77 million signing bonus). Without knowing the exact purse of the race, it's impossible to say what the driver will make. Third on the list with a $10,900,000 annual salary: Kevin Harvick races for team Stewart-Haas Racing and is sponsored by Gear Wrench, Rheem, Busch Light Mobil 1, Hunt Brothers Pizza, and Subway. At Dover International Speedway, he finished in sixth place. But again, that's just an estimate. unsubscribe link. 1. The 2022 NASCAR Cup Series will be the 74th season for NASCAR professional stock car racing in the United States and will be the 51th season for the modern-era Cup Series. Up until 2016, reports The Gazette, thecomplex numbers behind a NASCAR racewere public knowledge. Last season, every NFL team received $226.4 million in national revenue sharing, which comes out to more than $7.2 billion across the league. Kentucky Derby at Churchill Downs on May 6, 2023, in Louisville, Kentucky, at 7:30 p.m. WWE Raw Results: Winners And Grades After 2023 WWE Draft Concludes, FC Barcelona Study Playing In Foreign Leagues In Fear Of Possible Sanctions: Reports, Los Angeles Chargers Trigger The Club Option On Justin Herberts Deal, But Pass On Doing So With Kenneth Murray, In Draft Flier Kayshon Boutte, The New England Patriots Hope To Find All The Potential In The World, Wolfsburg Reach Womens Champions League Final In Front Of Record Attendance. Cowboys O-Line Target Steve Avila of TCU Drafted by Rams Rookies typically start off at the NFL minimum, but exceptions are made for exceptional players. If he comes up short, the racing vet can take solace in having accomplished a different first: The 34-year-old is the highest-paid Nascar driver for the first time, earning $17.8 million last year from his salary and endorsements, as well as his share of winnings and licensing. The NFL has a long way to go before the same is true for them. Keselowski has posted at least three wins in seven of the past nine years driving for Team Penske. However, F1 drivers can generally make more than NASCAR drivers. NASCAR Cup Drivers income stems from Salaries from the teams, sponsorships, merchandise deals, endorsements, and shares of the prize money. Today, Harvicks total earnings stand at $13.1million, Top five Highest-Paid NASCAR drivers in 2022: A new up and coming NASCAR driver can earn anywhere between $100,000 and $300,000 as a base salary and another $200,000 in prize money. After each NASCAR race, drivers split a purse. NASCAR Cup Series 2022 Prize Money (Breakdown) - Sportscriber Once you earn the trust of sponsors, you can get them to fund your races before you grow to a level where you can invest in your own car. Kyle Busch, driver of the #18 M&M's Toyota celebrates winning the Monster Energy Championship at [+] Homestead-Miami Speedway in Homestead, FL. At another race this season at the Bristol Motor Speedway located on the Tennessee-Virginia line, about 35-40,000 race fans attended, but that stadium has a seating capacity of 162,000. Compare that to a big NBA star like LeBron James. NASCAR, however, gives more drivers an opportunity to make money. Top 10 Richest NASCAR Drivers. When many professional drivers Leading up to the 2020 Daytona 500 was setat a mind-boggling $23.6 millionbefore the race a record for the sport and the first time that a purse was recorded in over five years. How much tax will you have to pay as a Nascar Driver For an individual filer in this tax bracket, you would have an estimated average federal tax in 2018 of 24%. However, it's not difficult to narrow down the winning driver's earnings for the event. Save my name, email, and website in this browser for the next time I comment. One surprising thing about her is that shes on the bottom end of the top ten highest paid NASCAR drivers with $7.8 million in salary in winnings, but she more than makes up for it with endorsement deals of $6 million a year total. Also using set amounts helps them with their financial forecasting. an internship with Nascar that can add to your value, Go to a A big-name driver like Kyle Buschtook home $16 million in salaryand prize money in 2019. He also won a Cup Series-high seven races and finished second in the overall standings for the second straight year, adding to his earnings. . We support responsible gambling. Through the purse split, the winner, on average, takes home $47,500 a race while the loser makes close to $8,500. included the commissions he earned from winning & licensing apart from his To know how much money does a Nascar driver make per race, it is important to assess your racing skills. Chase Elliott Is a 24-Year-Old NASCAR Driver With an Impressive Net Worth. Copyright 2023 Sporting News Holdings Limited. The Buffalo Bills are last on the list with a value of $1.6 billion. He was the last man to get almost $10million as Your email address will not be published. Here are NASCARs top nine driver salaries: Its always an eye opener when youre out of rhythm You see just how important that aspect is in racing. According to the Nielsen Ratings, NFL television ratings rose 55 from 2017 to 2018, with an average viewership of 15.8 million for NFL games. Its estimated that 98.2 million people worldwide watched the New England Patriots defeat the Los Angeles Rams, 13-3, in Super Bowl LIII last season, which is the fewest people in eleven years. Just enter your email address and let us know what you're interested in. Compensation for Merchandise: Can be anything. Buschs combative personality has helped him build a legion of followers called Rowdy Nation that he aims to convert into customers of his new energy drink. The 37-year-old drives in all three NASCAR national series and races full-time in the NASCAR Cup Series. Jimmie retired, Nascar did suffer a bit. MORE: Complete Daytona 500 starting lineup| TV schedule. Figures for salary, endorsements and merchandise earnings are gleaned from media reports and estimates, adjusted by known numbers from stars like Dale Earnhardt Jr. Endorsement pay aside, NASCAR drivers do quite well compared to other sports stars. The NFL hasnt done much to reach international audiences, and thats one of the factors that are hurting its overall numbers. In 2015, the largest purse was the Daytona 500's $18 million, and the smallest was $4,494,688. link to Is NASCAR Racing Profitable for Teams? The NFLs Super Bowl is the clear winner over every other championship game thats being played. Why median instead of average? Averages fall prey to being bent out of shape by the biggest numbers in the field. Drivers can also gain incentives for winning certain races and performing well throughout the season.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,250],'motorracingsports_com-medrectangle-3','ezslot_1',113,'0','0'])};__ez_fad_position('div-gpt-ad-motorracingsports_com-medrectangle-3-0'); NASCAR drivers dont have deals similar to football players or basketball players; all of their earnings are performance-based. affiliate links and make purchases, WSN earns a commission from our partners, including ESPN and various Joey Logano came away with $1.58 million in 2015, the last race before NASCAR stopped publicly. Ever since i got in my pedal powered car 40 or so years ago I have been a lifelong fan of all motor racing, particular NASCAR and Indy, so this site is made to help share the answers to those questions that pop up mid race! Furthermore, the numbers were affected by the sponsorships on the car, which favored the more prominent names. According to a bankruptcy filing from BK Racing and released by NBC Sports, the 2018 Daytona 500 purse was $15.5 million. Cup races like the Daytona 500 have the largest prize funds of of up to 23 million dollars in 2020, in comparison Xfinity and Truck series racing can have prize funds of 3 to 1 million. He starts the 2020 season on a 95-race winless streak, the longest of his career. How Much Money Do NASCAR Drivers Make for Winning the Daytona 500?
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