Manchester City, who earned £97.0m, Manchester United, with £96.5m, and Tottenham, on £95.2m, completed the prize money top five.
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The Premier League has today revealed the exact amount each club pocketed for the 2015/16, as well as parachute payments made to lower division sides.
Arsenal were the biggest earners, their £100,952,257 ($205.4 million) making them the first club in history to receive more than £100 million from the Premier League.
Claudio Ranieri’s side earned £93,219,598, including just over £24.8m in prize money for winning the title, but nearly £9m less than Arsenal in “facility fees” as only 15 of their matches featured live on television, 12 fewer than the Gunners.
Surprise package Leicester featured in just 15 live fixtures, netting them just over £12.5m of their £93,219,598 total income from the overall pot of £1,638,805,918 divided among Premier League clubs.
Leicester finished the season ten points clear at the top after claiming a 3-1 win over Everton at the King Power Stadium earlier this month.
Bottom-club Aston Villa still took £66.6 million ($135.5 million).
Each club also gets £29.416m from the overseas broadcast deal and £4.509m from the central commercial contract.
This encompasses an initial equal share between clubs from both United Kingdom and overseas broadcasters, as well as facility fees-use of the stadium for TV-and a merit payment based on overall league finish.
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Leicester City manager Claudio Ranieri has said that his team will remain as underdogs next season despite winning the Premier League title.
