Musicians more likely to earn an average pay than footballers

An interesting statistic in the MBW about the potential to earn an average wage as a musician, as opposed to a footballer. Spotify announced this week that 13,400 artists generated over $50,000 each in royalty payouts (records plus publishing) from their platform in 2020. There are now somewhere around 7 million artists with their music on Spotify, which means just 0.2% of artists on Spotify are generating $50k per year (median annual US wage). On the other side, there are around 320 million footballers today, and, by FIFA numbers, 128,983 of them actually get paid (something) to play, which is 0.04% of them.