Why no other sport can monetise a World Cup like football

Javier Nieto
May 31, 2026

The 2026 FIFA World Cup will not only be the largest edition of the tournament, with 48 teams, 104 matches and 16 host cities across the United States, Mexico and Canada. It will also be the clearest test yet of football’s ability to turn one competition into a global commercial platform. FIFA has revised its revenue forecast for the 2023-2026 cycle to 13 billion dollars, with television broadcasting rights and marketing rights expected to account for 75% of revenue, and hospitality rights and ticket sales for the remaining 25%. Before a ball has been kicked, FIFA has also confirmed that all global sponsorship packages for the 2026 World Cup have been sold, leaving only two regional sponsorship positions available.

That is what separates football from almost every other sport. The comparison is not straightforward, because each event reports its business differently: FIFA works in four-year cycles, the International Olympic Committee -IOC- reports by Olympiad, Formula 1 operates as an annual global circuit, the Super Bowl is a one-night media event, and sports such as cricket, rugby and basketball often separate federation revenue from economic impact. But the available figures point in the same direction: other sports can monetise a final, a season, a circuit or a regional market. Football can monetise the world through one tournament.

The Olympics are the only real comparison

The Olympic Games remain the closest point of comparison in terms of institutional and financial scale. The IOC’s 2021-2024 cycle generated 12.070 billion dollars in revenue when deferred Tokyo 2020 television rights are included, or 8.963 billion dollars without that accounting effect, according to figures compiled from its annual report. The IOC also distributed major sums across the Olympic system, including 1.991 billion dollars in cash and services to Paris 2024, 970 million dollars to Beijing 2022, 590.1 million dollars to summer international federations, 201 million dollars to winter international federations and 590.1 million dollars through Olympic Solidarity.

The difference is the product being sold. The Olympics monetise a movement: many sports, many federations, a broad institutional identity and a global brand built around the Games. The World Cup monetises one sport, one ball, one trophy and one simple narrative: countries against countries. That simplicity matters commercially. It allows FIFA to sell the same event simultaneously as television inventory, national identity, tourism, sponsorship, hospitality, licensing, digital content and urban consumption. The IOC has greater symbolic and institutional breadth, but football concentrates its commercial force in a single product.

The Super Bowl sells one night; football sells a month

The Super Bowl is the most powerful single-night advertising property in sport. Nielsen estimated that Super Bowl LX drew 125.6 million viewers in the United States, making it the second most-watched Super Bowl ever, while advertisers paid up to 10 million dollars for 30-second commercial slots. Those numbers show the extraordinary power of the NFL in the American media market, but they also show its limit: the Super Bowl is a spectacular domestic media event with global visibility, not a month-long multi-market competition built around national teams.

Formula 1 offers another kind of comparison. Its commercial model is highly sophisticated: in 2025, F1 revenue rose to 3.87 billion dollars, with primary revenue driven by media rights, race promotion, sponsorship and other premium categories such as hospitality and licensing. That makes F1 one of the strongest global sports properties in terms of luxury positioning, city-based events and corporate experiences. But it is a circuit, not a World Cup. It monetises continuity, prestige, paddock access and a premium travelling calendar; football monetises identity, scarcity and a global tournament that turns entire countries into consumers.

Cricket, basketball and rugby show the gap

Cricket has one of the few global structures capable of approaching football in audience scale, especially through India and South Asia, but its financial geography is more concentrated. The International Cricket Council -ICC- reported 756.3 million dollars in total revenue and other income for 2025, including 706.1 million dollars from events revenue. The figure is significant, and cricket’s event model is powerful, but it remains far from FIFA’s 13 billion-dollar cycle and from the World Cup’s ability to activate dozens of national markets with comparable commercial intensity.

Basketball shows the opposite pattern. The sport is global, but its biggest business is not the FIBA Basketball World Cup. FIBA’s 2024 accounts show total revenue of 110.7 million Swiss francs, down from 138.5 million in 2023, a year marked by the FIBA Basketball World Cup 2023 in the Philippines, Japan and Indonesia. Commercial revenue, mainly from media and sponsorship rights, fell from 68.9 million Swiss francs in 2023 to 47.2 million in 2024. By contrast, the NBA generated around 11.3 billion dollars in team revenue in the 2023-2024 season and agreed reported 11-year media deals worth 76 billion dollars. Basketball is a huge business, but it monetises primarily through its league, franchises and stars, not through its World Cup.

Football turns countries into commercial markets

Rugby is perhaps the closest sport structurally, because its World Cup also sells national teams, travelling supporters, host cities and a concentrated tournament. The Rugby World Cup 2023 in France sold more than 2.4 million tickets, filled stadiums to 96%, reached almost 230 million television viewers across 48 matches and generated 1.8 billion euros in total spending, with a net economic impact of 871 million euros for the French economy. Yet the same event also exposed the difference between impact and monetisation: the hospitality vehicle linked to the tournament posted heavy losses, while the financial legacy available for French rugby was far smaller than expected.

That is why the 2026 World Cup matters beyond football. It will test the ceiling of a sports event that already combines part of the Olympic Games’ global reach, the Super Bowl’s advertising logic, Formula 1’s hospitality culture, cricket’s mass-market potential, basketball’s star economy and rugby’s national-team structure. Other sports can dominate markets, seasons or formats. Football is the only one that can take a single World Cup, expand it to 48 teams and 104 matches, place it inside the most monetised sports market in the world, and turn it into a commercial machine built around television, sponsors, tickets, hospitality, cities, governments and national identity.