The sports industry is one of the most profitable sectors in the world. One reason for this profitability is that many Americans invest money in sports teams and organizations. So if you’re looking to get into a fast-paced, albeit much riskier industry than the average, then sports may be your calling. There are so many sports startup ideas out there, and you don’t even need to make the next big sports team; you can simply pick up a niche sport and make millions of dollars.
This article covers 25 of the most popular sports business ideas 2022 that range from making money with an obscure sport like curling to your very own sporting event. We will not only cover the most popular sports related business ideas, but we will also include their average salaries and other statistics. So let’s get to it!
Here are 25 of the best sports business ideas:
1). Managing a Sports Team or Organization
Average earning potential: $50k – $150k
We’ll start with one of the more obvious sports business ideas- managing a team or organization. This can be in the capacity of a General Manager or any other sort of management position. Managers earn an average salary of $111,000 per year.
2). Start a Sports Blog
Average earning potential: $30k – $134k
Creating a sports blog is one of the quickest ways to break into the industry. If you have something to say about sports, then why not start a blog and voice your opinion? Sports blogging can be a full-time career, especially if you’re popular.
3). Become a Sports Announcer or Commentator
Average earning potential: $100k – $500k
Highest-paid sports announcer, Tony Romo – $18 million
Sports commentators are some of the highest-paid sports business professionals in the world. This is because sports commentators are responsible for voicing the “story” of a game, therefore making their commentary entertaining and informative. Being a commentator means you have to be familiar with the sport and its rules. It’s best to do your research. It’s important to understand the game, so it’s best to do your research.
4). Solder Sports Equipment
Average earning potential: $30k – $80k
One of the less popular mini company ideas sports is to become a sports equipment maker. Equipment manufacturing is expensive. It can range anywhere from $100,000 to millions of dollars, depending on what kind of equipment you are trying to make. One of the most popular sports equipment makers is GoPro, which produces some of the best HD cameras for those who love extreme sports.
5). Become a Sports Agent
Average earning potential: $110k – $500k
Being a sports agent is one of the most popular sports entrepreneurship ideas for individuals who want to break into the industry. Sports agents are in charge of finding new, professional athletes and bringing them to the attention of sports team managers. The NFL Players Association recognizes this business.
6). Become a Sports Trainer or Instructor
Average earning potential: $42.8k – $237k
Becoming a sports trainer or instructor is another great way to break into the industry. This can be in the capacity of a personal trainer or sports instructor. This entails developing training programs for athletes and teaching them how to play better sports. This type of profession is one of the most popular; therefore, there are thousands of trainers and instructors worldwide.
7). Boxing Center Owner
Average earning potential: $59k – $75k
Owning a boxing center is one of the more expensive sports businesses to start. This is because boxing centers can range anywhere from $500,000 to $2 million, depending on how big and what kind of equipment you have. It is a good idea to have an experienced boxing trainer on-hand.
8). Own a Sports Team
Average earning potential: $500k – $4million
Owning your own sports team is one of the most popular ways to break into the industry. This is because owning a sports team can be extremely profitable; Especially if you own an NFL or NBA team. There are many different ways to get a sports franchise, but the best way is to buy a smaller league team and make it a household name. You can sell your franchise for upwards of $100 million.
9). Own a Sports Bar, Grill, or Cafe
Average earning potential: $500k – $1million
Owning a sports bar is a very popular way to break into sports management, as many people enjoy going to a local bar and watching the big game. Owning a restaurant is also good because you can sell food and drinks at a premium. Sports bars are extremely popular in the United States, especially during March Madness and Super Bowl Sunday.
10). Golf Instruction
Average earning potential: $40k – $50k
Golf instruction is a great way to get into golf management. Golf instructors, like any other instructor, coach athletes on how they can play better. They are in charge of coaching, giving advice, and helping to develop athletes. Some instructors even help athletes increase their strength and stamina through workouts.
11). Sports Nutritionist
Average earning potential: $45k – $54k
Sports nutritionists are vital to athletes’ performance. They are in charge of deciding what athletes should eat before, during, and after a game. The sports nutritionist’s responsibility is to make sure that athletes eat healthy foods that provide an extra burst of energy throughout games.
12). Skiing Instruction
Average earning potential: $21k – $41k
You can also pursue a career in skiing instruction. Ski instructors teach individuals how to ski better, maneuver through mountainous areas, and help them build up their physical strength. Many people enjoy skiing as a hobby, making this profession highly sought-after.
13). Sports Photographer
Average earning potential: $24k – $128k
Sports photographers are one of the most well-known sports startup ideas. They take photos and videos of athletes during games and practices. This profession is extremely popular and quite profitable; photojournalists can make anywhere from $35,000 to $300,000 a year.
14). Sports Video Game Design
Average earning potential: $74k – $100k
Sports video game design is another popular way to break into the industry. This profession entails designing sports games, such as football, basketball, and soccer. Video game designers are in charge of deciding how their games will look, what additions they’ll have, and how the game will actually play out.
15). Sports Wear Retail Store Owner
Average earning potential: $30k – $95k
Running a sportswear retail store is another great way to get involved in the industry. This profession entails selling, designing, and creating new athletic clothing for athletes. You can sell your items online or open up your store. Opening up a store gives you more freedom to run things the way that you want; however, it will cost you a lot more money up-front.
16). Sports Medicine or Rehabilitation Technician
Average earning potential: $45k – $93k
Athletes need to be in top physical condition for games. If an athlete gets injured, they need to get treated by a sports medicine or rehabilitation technician. This profession is extremely important for athletes to make it to games on time and in good condition.
17). Swimming School Owner
Average earning potential: $50k – $150k
Swimming school owners are another popular way to break into the industry. Swimming is a very popular recreational activity, and many people want to learn how to swim better or how to be a lifeguard. Owning a swimming school is a great way to get into the industry, as it will allow you to help people improve their skills.
18). Sports Marketing or Public Relations Executive
Average earning potential: $33k – $187k
Sports marketing is another extremely popular way to get involved in management. For an organization or company to be successful, it needs to market its products. Marketing executives are in charge of deciding what the company’s marketing plan should be and implementing it.
19). Recreational Sports Center Owner
Average earning potential: $50k – $113k
Running a recreational sports center is another good way to get into the industry. Recreational sports centers give people a place to go and play sports for fun or engage in drills and workouts. These centers often have a wide variety of sports to choose from, giving people the opportunity to get involved in all of their favorite activities.
21). Balls Manufacturing Business Owner
Average earning potential: $40k – depends on demand
Athletes always need new balls for practice and games. Having your own business in sports equipment manufacturing is another good sports business idea. This profession entails designing, producing, and selling balls and other equipment to sports teams and organizations.
22). Sports Massage Therapist
Average earning potential: $57k – $83k
Athletes need a lot of massages to stay in good condition. Sports massage therapists are in charge of giving athletes massages and performing other muscle treatments. If you’re good at giving people massages, starting up a career as a sports massage therapist is an excellent way to get involved in the industry.
23). Bungee Jumping Instructor
Average earning potential: $25k – $39k
Bungee jumping is a very popular activity. Opening your bungee jumping center is another good sports business idea. This profession entails teaching people how to skydive safely and dealing with the logistics of running a business.
24). Cycling Club Owner
Average earning potential: $80k – $179k
Athletes need a place to train. Owning your cycling group or club can be a great way to get involved in the industry. This profession entails being in charge of planning where the cycling group will go, ensuring that they have all of the necessary equipment, and even giving lessons to people who are interested in learning more.
25). Martial Art School Owner
Average earning potential: $36k – $147k
Many people would love to learn martial arts. Opening up your martial art school is another great way to get into the industry. This profession entails teaching people the different martial art disciplines and instructing them on how to use their skills properly.
Other Sports Business Ideas:
Gym & Fitness Center
Personal Fitness Trainer
Basketball Academy
Sports T-shirt Making
Tennis Academy
Yoga Instruction
Chess School
Campground
Baseball Batting Cage
Become a race organizer
Conclusion:
These are just a few of the many ways to get involved in the sports industry. As long as you have a passion for athletics, you can find a way to get into the industry and get people interested in sports.