One thing that some people always ask is, how do badminton players make money? Well, this is a profound and varied topic from player to player, but I can attract some of the main ways badminton players can maintain a healthy financial life when playing badminton.
Also, read this: Top 6 Best Badminton Shoes | Best Guide You Ever Need, 2022
After you play to a certain level, some companies can sponsor you. With this sponsor, they will often give you a complete set of equipment, special discounts for their products, as well as money from related sales made with your name and image.
But sponsored by large companies like Viator and Yonex, Li-Ning is no easy task. They have preconditions, many of which are difficult to achieve, like being in the top 20 in the world, playing tournaments consistently, and more. Yonex logo
Many companies also prefer to sponsor the general team, which makes personal benefits very difficult. Teams from countries like Canada and Korea have a team sponsor where players do not receive dividend benefits from sales.
Very profitable sponsors are generally limited to the top of the best players in the world—only players like Lee Chong Wei and Lin who can get a lot of money from sponsors. It is how do badminton players make money?
Government funding for professional players
But why are there still so many players if only top players are profitable? One way of professional badminton players can make money is through government funding. The second answer to the question is how do badminton players make money?
For Asian countries, badminton is one, if not the most popular sport, and professional players in countries like China are funded by the government.
In particular, in China, all members of the Chinese national team get all their living expenses so that they can focus on their training.
They even made a statement that said, “We pay for all the living expenses of our players so that they can focus on training and victory and so that they don’t need to worry about housing and other financial problems.”And this fund saw results with China at the top of the badminton world.
In Western Countries
As for many Western countries, their funds are small. All our training is paid personally, and their living expenses come directly from their pockets. In England, mixed double players Chris and Abby Adcock even have their problems that are almost backward.
Another problem with Western countries is that training is expensive because it is carried out personally. Paying high-quality training fees around $ 500 per month, which is more than how many high-level volleyball, basketball, and soccer players must pay. Plus, we also need to pay for our racket and shoes. Badminton is expensive.
Get a tournament prize money.
Leading professional badminton players not only get government funds and sponsors. Third the answer to the question, how do badminton players make money?
Players who win or even get to the quarter-finals in the tournament also get prize money. The amount can range from several hundred dollars to more than $ 50,000.
Some famous players who get more than $ 500,000 are Kento Momota, Lin Dan, and Lee Chong Wei. Lee Chong Wei produces almost $ 2 million! Lee Chong Wei gave up the thumb.
The great thing is that many lower-level tournaments still pay relatively well, so if the lower-level national players need money, playing in competitions like Canada Open provides a better opportunity to get money. The winning tournament is another way for professional badminton players to make money.
How Do Badminton Players Make Money? Creating a Business
It is what happened to most Western badminton players. In the world of badminton, we all can’t win the tournament. Even after training every day for 7 hours, sometimes some players want to win more and have made more efforts.
Only a few people in every tournament win the prize money. Not all professional players can get the money. These players usually become coaches and open personal training facilities or start a business such as badminton shops or both. They can also be coaches and work for individual facilities.
A certain level of skills is needed, but it is not the level of the necessary skills to play even nationally. Good enough to play province. Many young players can also enter the training position.
It depends on the player’s situation, but some players choose to be a hybrid of players and coaches for others—especially independent players who their national association may not support.
Players have all the knowledge and skills to play badminton, making the required training qualifications much more accessible and working with other players based on one-to-one around their training schedule.
It is not needed for most of them to get enough funds to practice and play full time. For those who might fight, this can be a relatively easy way to generate additional income to support their play careers.
The pleasant thing about this is that it is a natural step for players to live in the badminton world after they finish their professional playing careers. It is how do badminton players make money?
Arrange the racket
Professional badminton players use many rackets in training and during the tournament. They often need to limit all their rackets every week when practicing and even more when playing matches.
Most badminton players do not need to limit their racket as coaches and other staff usually handle it. Some choose to learn how to arrange and will offer essential series of services for people they know or club players who live and play close.
It is not a large money producer, but if they have equipment and knowledge, it can be a simple way to get a little additional on a quiet night. Most people will charge a fixed rate for restrictions added with the string fee.
The sidewise business
This one is not exclusive only to badminton players. Many people worldwide try increasing and diversifying their income with crowds and businesses.
Whether selling cunning goods on Etsy, designs on Redbubble, Spreadshirt, and Teespring, shipping white label products with Amazon FBA, or one of the innumerable business models, people want to get a more brilliant income.
The famous Irish badminton player Scott Evans, who is now a coach at Peter Gade Badminton Academy, is also a businessman. Running a fashion business with his partner allows him to continue competing for so long and move to Denmark to embrace European badminton fully.
More players have started to become content makers on YouTube. Take Viktor Axelson, for example, together to be one of the world’s best players who also published on YouTube to teach and inspire others. Advertising income may not be much, but everything increases.
How do badminton players make money? So above mentioned are the answers. Please like and share this helpful information on Facebook, Twitter, and Instagram if you find it useful.