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Roger Federer named world’s highest earning athlete

MM News Staff by MM News Staff
June 1, 2020
NEW YORK: Roger Federer is the world’s highest-paid athlete for 2020 as the COVID-19 pandemic knocked football’s Lionel Messi off top spot, according to the annual Forbes list.
The Swiss tennis great, a men’s record 20-time Grand Slam singles champion, earned $106.3 million in the last 12 months, including $100 million via endorsements, to move up four places and become the first player from his sport to top the list.
“The coronavirus pandemic triggered salary cuts for soccer stars Messi and Ronaldo, clearing the way for a tennis player to rank as the world’s highest-paid athlete for the first time,” said Kurt Badenhausen, senior editor at Forbes.
“Roger Federer is the perfect pitchman for companies, resulting in an unparalleled endorsement portfolio of blue-chip brands worth $100 million a year for the tennis great.”
Japan’s Naomi Osaka ($37.4 million), who was ranked 29th on the list, surpassed fellow tennis player Serena Williams ($36 million) as the world’s highest-earning female athlete. Osaka and Williams were the only women on the list.
Portuguese football star Cristiano Ronaldo was second on the list at $105 million, $60 million in salary and $45 million from endorsements, with Argentine football hero Lionel Messi third on $104 million, $32 million of that from sponsorship deals.
Messi and Ronaldo, who have traded the top spot three of the past four years, saw their combined incomes dip $28 million from last year due to salary cuts when European clubs halted play in March.
Brazilian footballer Neymar was fourth overall on $95.5 million, $25 million from endorsements, while NBA star LeBron James of the Los Angeles Lakers was fifth on $88.2 million, $60 million of that from endorsements.
NBA star Stephen Curry of the Golden State Warriors was sixth on $74.4 million with former teammate Kevin Durant next on $63.9 million.
Tiger Woods, the reigning Masters champion and a 15-time major winner, was eighth on the list and tops among golfers at $62.3 million, all but $2.3 million from sponsor deals. Woods topped the Forbes list a record 12 times before an infidelity scandal helped end his run.
Basketball players led all sports with 35 players among the top 100. American football occupied 31 spots, none higher than six-times Super Bowl champion Tom Brady ($45 million) who was ranked 25th.
Football was the next most represented sport with 14 players, followed by tennis (six), boxing and mixed marital arts (five), golf (four), motor racing (three), and baseball and cricket with one each.
Tags: athleteCristiano Ronaldoroger federertennis
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