Jose Mourinho's side scooped a record total of £98,999,554 from a combination of television revenue, prize money and other payments.
Manchester City (£98,501,832) earned the second most while Manchester United (£96,759,212) completed the top three despite finishing below Arsenal (£96,509,758).
Bottom of the table Queens Park Rangers, meanwhile, reaped £64,886,028. That works out at more than £2.16m per point they earned in the league.
Each club earned an equal share of the domestic TV money (£21,968793) and an equal share of the overseas TV money (£27,757,371).
They also received an equal share on centralised sponsorship money (e.g. Barclays), which worked out at £4,392,630 per club.
An £8,775,160 'facility fee' was given to each team to help facilitate the filming matches in their stadium. This amount was paid to each team even if fewer than 10 of their games were shown on television.
However, they also received an additional £747,176 for each game more than 10. For example, a team who had 11 games on TV would have been awarded £9,552,336.
More Manchester United matches (27) were shown on TV than any other side. That is why they earned more money than Arsenal (25) overall despite finishing below them.
Leicester City, Hull City and Burnley (all eight) had the joint fewest number of matches shown live on TV.
Finally, each team earned £1,244,896 in 'merit money' per place in the table. So, champions Chelsea got £23,897,960 while QPR got (you guessed it) £1,244,896.
In total, more than £1.6billion was distributed among the 20 Premier League clubs from last season.
The Premier League has also changed the way that parachute payments will be handed out to relegated clubs. From 2016/17, parachute payments will be paid over three years, not four.
Under the new rules, clubs who are in their first year after relegation will receive 55 per cent of an equal share of domestic television money and and equal share of overseas television money. These payments would amount to roughly £40m.
In their second year after relegation they would receive a 45 per cent of an equal share of domestic television money and in the third year that figure would drop to 20 per cent
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