A well-known play-by-play commentator with a lot of experience is practically a brand name unto themselves, and they are paid accordingly. Top commentators earn millions, and they are at the very top of the food chain in the sportscasting field. Colour commentators tend to be former athletes in the sport they are broadcasting, with a lot of specialized knowledge and personal experiences to share. This is also a highly valuable commodity in game broadcasting, and well-known colour commentators are highly paid as well, with annual salaries approaching those of play-by-play commentators. Television game analysts on major networks earn between $60,000 and $250,000 (35,000£ - 150,000£) while sportscasters working for smaller networks, schools, and independent broadcasters typically earn less than that.