The United States is known as the home of basketball. With a fan following of 400 million, basketball is the 9th most followed sport in the world. There was a time when the game was restricted only to it’s home country. But at the moment, it’s popularity is increasing with a high rate and it might become one of the most popular sports by the next decade. As far it’s economics is concerned, basketball has the second highest average salary of a player being $4.4 million a year. And a big star such as Kobe Bryant earns almost $25 million a year in salaries.