Sports took a hit when the COVID-19 pandemic began in March 2020. However, some of the top athletes still earned a lot of money by what they were able to do on and off the field. Forbes recently released its list of the world’s highest-paid athletes and a number of factors played into determining which athletes earned the most money.
Brett Knight of Forbes wrote that they tracked down income collected between May 1 of last year and May 1 of this year ” based on conversations with dozens of industry insiders.” Forbes used on-the-field and off-the-field earnings to determine an athlete’s income. On-the-field earnings include prize money, salaries and bonuses. Off-the-field earnings include “an estimate of sponsorship deals, appearance fees and licensing income for the 12 months” as well as “cash returns from any businesses operated by the athlete.”
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Some of the names that are among the 10 highest-paid athletes include LeBron James, Lionel Messi, and Conor McGregor. The highest-paid athlete earned a total of $180 million and more nearly all of that came from off-the-field earnings. Here’s a look at the seven highest-paid athletes in the world for this year.
1. Conor McGregor- $180 Million
McGregor earned an estimated $22 million for his fight against Dustin Poirier in January. But what made him become the highest-paid athlete is selling his majority stake in his Proper No. Twelve to Proxio Spirits for $150 million in April.ย
2. Lionel Messi – $130 Million
Messi recently won FIFA’s Player of Year award, and the contract showed that he was earning up to $165 million annually in salary and incentives. His contract is set to expire next month but is currently getting a new deal done.ย
3. Cristiano Ronaldo – $120 Million
Ronaldo isย currently is under contract with Juventus and averaging $64 million per year. In his career, Ronaldo has earned $1 billion, becoming the first active team-sport athlete to reach that mark. In March, Ronaldo passed Pele’s goal tally, and now has over 770 goals in all competitions.ย
4. Dak Prescott – $107.5 Million
Prescott signed a four-year $160 million contract extension with the Dallas Cowboys in March despite missing most of the 2020 season with an injury. The contract also came with a $66 million signing bonus, his $107.5 million total is a record for NFL players.
5. LeBron James – $96.5 Million
James signed with the Los Angeles Lakers in 2018 for $153 million. He also has a lot of off-the-field projects, including his own production company, media company, health and wellness company and The LeBron James Family Foundation.ย
6. Neymar – $95 Million
Neymar signed a contract extension with Paris Saint-Germain in May and will now be with the team for another four years. He transferred to PSG from Barcelona for $263 million. In 2020, Neymar signed a with Puma after leaving Nike’s Jordan Brand.ย
7. Roger Federer – $90 million
Nearly all of Federer’s earnings came from his off-the-field work. He has a deal with Uniqlo which is a 10-year, $300 million deal. He also has a stake in Swiss athletic company On, and his namesake foundation has raised more than $50 million.ย