By Kyle Boenitz, ProjectSpurs.com
ESPN released a list this week of the highest paying sports franchises in the world. They ranked them based on the average salary they pay to their players each year.
Not surprisingly, there are a lot of European soccer teams at the top along with the New York Yankees, but would you believe the San Antonio Spurs are 12thon the list? They’re sitting right behind Manchester United, an English Premier League soccer team famous for spending absurd amounts of money.
Actually, the Spurs have the second highest average annual salary of all the NBA teams at about $5.5 million a year. They’re behind the Lakers ($6.3 million) but above the Bulls ($5.3 million), the Celtics ($5.3 million), the Heat ($5.3 million) and the Knicks ($4.2 million).
Read the full story on Project Spurs.
