First Billionaire Footballer.
Cristiano Ronaldo one of the most recognised athlete in the world. 35 years old Portuguese footballer played for clubs like Sporting CP, Manchester United, Real Madrid and currently playing for Italian giants Juventus. Five Times Ballon d'Or Winner. Top scorer in Champions League secured 5 Champions League Title. With Manchester United he won 1 and with real Madrid he won 4 CL Trophies. He also won UEFA Euro National Cup In 2016 With Portugal.
Forbes magazine just announced that Cristiano Ronaldo had become the first Football player in history to become a billionaire. He is the first football player in history to pass this bar . No wonder when you know how much footballers can get paid today.
For several years, sport has been a profession of passion, of course, but also a profession that earns very large sums of money . Proof of this is with Cristiano Ronaldo. Not just Cristiano Ronaldo has a staggering salary , Leo Messi, Neymar, Kylian Mbappé or Gareth Bale also earn very large sums of money.
It's not just in football. But players like Tiger Woods and Mayweather know, also touch an astronomical cachet. In short, sport has become an environment in which money is king. which certain athletes are among the greatest riches in the world.
But if these athletes receive such a big salary, it is also thanks to advertising. The contracts, of Cristiano Ronaldo and others.
But not just from football CR7 earn a large part of this financial success is due to his off-field portfolio, including around $70.9 million a year from endorsements, including his partnerships with Nike, his underwear brand and a number of other ventures.
In addition to endorsements, according to Business Insider, the Champions League’s record goal-scorer made 30 per cent more from paid Instagram posts, $76.8 million, during his first season at Juventus than his take home pay, AUD $59 million, from the club. Across his social media platforms, Ronaldo boasts 420 million followers and each advertised post earns him in the region of $1.77 million.
“With the additional [$71 million] he makes as a walking billboard, pitching products head to toe for the likes of Nike and his CR7 line of underwear, footwear, and cologne, Ronaldo can still earn [$145.8 million] annually to retain his standing among the best-paid in all of sports, and still become the third active athlete to crack the USD $1 billion mark in career earnings at the end of this season,” Settimi said.
Passing over USD $1 billion in career earnings will align Ronaldo with the likes of Tiger Woods and Floyd Mayweather as active billionaire sportsmen, after Woods passed the mark in 2009 and Mayweather in 2017.
While his earnings totalled $172 million in 2019, he still remains the second highest-paid athlete in the world behind Lionel Messi, who earned $200 million.
Amid the suspension to Italian Serie A competition due to concerns surrounding Coronavirus, Ronaldo’s club Juventus, announced it reached an agreement with its players and coaches to save around $158 million by reducing compensation over four months, from March to June.
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