Many people get rich by playing a game. It may be football, tennis, or basketball. Badminton is less popular than these. Only a few people know about it. There are several reasons for this. One of them is money. Few people want to play badminton full-time. They want to make as much money as possible. Some badminton players earn much money. Do you want to know what a badminton player receives? If you want to know, then let us find out together.
What exactly does a badminton player earn? The correct answer depends on certain factors. The level at which the player competes is important. A state-level player earns less than an international player. It also counts if the player is winning tournaments he plays. The prize money for major tournaments has grown over time. Top badminton players can now earn up to one hundred and twenty thousand dollars ($120,000). This is if they win the World Tour Finals. Top players can increase their earnings with endorsements.
How Can A Badminton Player Earn?
People often wonder how a badminton player can make money. They want to know how they are able to live well. This depends on the player. Some things are common to all players. Or most players. There are several ways a badminton player can earn good money.
Once you play to a certain level, you will likely get a company to sponsor you. They may give you a full set of equipment if they are a sports manufacturer. If they are not, they may give you the money you need to get the proper equipment for training and tournaments. You will get special discounts on their products.
They will also pay you money from any sales they make using your image and name. It is not easy to get a company to sponsor you. Major companies like Nike and Yonex are the hardest to get.
They often prefer to work with big superstars who can guarantee product sales. They often demand that players are among the top twenty in the world, and play tournaments often. Many companies also prefer to sponsor a general team. This means it will be difficult to get some personal benefits.
Korea and Canada are two countries that have team sponsors. The players are not paid any part of the sales. Only the best players receive the most profitable sponsorships. These include players like Lin Dan and Lee Chong Wei. These two earn plenty of money by sponsors.
India has a unique arrangement for promising athletes. Here, badminton players with promising talent prove themselves at local competitions. They are then offered a job where they earn regular income and are free to train and improve their craft. Tata, Air India, and India Railway are three companies doing this.
Sports attracts many youngsters. Many countries support their players who do not rank high. In Asia, badminton is popular. Countries like China also support professional players. The government handles all Chinese National Team members’ living expenses.
This helps the players focus on their training. There is an official government statement about this. Funding an athlete pays off as China is the best in the world in badminton. Many western countries have small budgets for badminton or sports in general. The athlete pays for their own training and living expenses.
The UK’s Chris and Abby Adcock almost went bankrupt under such an arrangement. Private training only makes training expensive. Top-quality training costs up to five hundred dollars each month. This is far less than football, volleyball, or basketball players pay to train. Shoes and rackets are also a personal cost, making badminton an expensive sport.
Apart from sponsorships and government funding, the best players play tournaments. These tournaments often pay some money at every stage. The best players usually win the big prize money at stake. This often means those who reach the quarter-finals in tournaments or win.
The amount can often exceed fifty thousand dollars ($50,000). Some players have earned over five hundred thousand dollars ($500,000). That includes Lee Chong Wei, Lin Dan, and Kento Momota. Lee Chong Wei has made more than two million dollars ($2,000,000). An upcoming player can play in smaller tournaments and earn decent money. The Canada Open is a lower-tier tournament that pays well.
Own A Personal Business
There are only a few tournaments, and not everyone wins. These players can become coaches and run their own private training facility. They can also start businesses such as a badminton store or something related. Even as coaches, they can work for individual facilities. Their skill must be at a competitive level, even if they are unable to play in tournaments. Many youth players qualify to be a coach.
What It Takes To Be An Elite Earner In Badminton
More than two hundred million (200m) people play badminton worldwide. Playing badminton for fun is different from playing badminton as a professional. To become an elite badminton player requires deliberate work. How do you start? How much time do you need to commit to achieving this goal? How can one go from casual player to international competitor?
Starting right is important in any sport. A neighborhood club will provide a good platform to master the fundamentals. Like other sports, badminton needs a strict training regime.
It is essential to find out what the professionals do and do the same. Also important is to work with a seasoned coach to improve tactics.
Physical and mental fitness is necessary to play the game at top-level. Bodyweight exercises will strengthen the core and leg muscles. This will improve on-court mobility and quality of shots.
Players should keep testing themselves against superior opponents. There are a few competitions where players from various backgrounds converge. There will always be new tricks to learn from otherwise. There would be difficult times, but top players keep playing. They gain vital insights into the process.
Once the sponsorships start to roll in, it is wise to learn negotiation. A professional badminton player is a businessperson. This ensures that they earn as much as possible while playing. They will also amass a decent nest egg when they retire.
Five Elite Badminton Players You Should Know
Based on prize money, these five elite badminton players stand out from the rest of the pack:
- Lee Chong Wei: Malaysian legend, and one of a group of three with more than one million dollars in earnings. Has won three Olympic silver medals. Also holds at least sixty-nine titles (including four World Championship medals). Earnings stand at $1,855,957.
- Chen Long: Chinese legend and recent Olympic gold medallist. Has two World Championship medals and two All England Open victories. Total earnings amount to $1,104,927.
- Tai Tzu Ying: Chinese Taipei native, who has spent sixty-seven weeks ranked number one. Picked first international title at seventeen years of age. The third active player with total career prize earnings at more than one million dollars – $1,025,205.
- Lin “Super Dan” Dan: A Chinese legend who is considered to be the greatest singles player ever. Still the only player to hold Super Grand Slam by twenty-eight years of age. Titles include every one of international badminton’s nine major titles. Other laurels include two Olympic gold, five World titles, and six All England titles. Total prize money is shy of a million dollars – $962,205.
- Saina Nehwal: This Indian phenomenon has had an enviable career. Former world number one. She has a 2012 Olympic bronze medal and World championships. Others are Commonwealth Games gold and several Super Series titles, despite many struggles. Broke Chinese domination in female badminton. Total prize money is a whopping $762,072.50.
Anyone can become an elite badminton player. It takes intense dedication and dedicated practice. A good coach will ensure regular practice for an elite player. This takes care of the mental and physical demands of international badminton.
A badminton player will get far if they pay attention to detail. The top earners in badminton all observe detail at a deep level. One may note that the world’s top five earners come from cultures where meditation is part of the lifestyle.