Since going pro, the top 25 have earned a total of $19.4 billion ($15.9 billion after adjusted for inflation). From Beckham's branding to the Golden Bear's Midas touch, these sports superstars make a lot of money in terms of career earnings and endorsement deals.
The average yearly salary of all NFL players is $840,000. The highest-paid player is quarterback Aaron Rodgers, who made $22 million last season. The lowest-paid player is usually the center, who makes $860,000 on average.
Locked out of their clubs during the NFL lockout, many players turned to sponsors to fill their income gaps. In fact, according to one study, published in the journal Sports Business Journal in 2011, players received about 30 percent of their team's revenue stream. The most lucrative deal was reportedly signed by New England Patriots quarterback Tom Brady, who agreed to an $80 million contract with $36 million guaranteed over four years.
Brady wasn't the only athlete to cash in during the lockout. Other high-profile names included Peyton Manning, Drew Brees, and Michael Vick. All three played important roles with their respective teams as they looked to build momentum heading into the new season. The NFL began its regular season on September 7, 2012.
The best way to become a millionaire athlete is through sponsorship deals or equity in your club.
How Much Do the World's Highest-Paid Athletes Make? The media pays a lot of attention to the gargantuan multi-year contracts that star athletes sign with different teams, but did you know that they usually make more money from sponsors than from the teams they play for?
Some individuals, particularly those who aren't die-hard sports fans, doubt how much money sports players make. The most valuable players on major sports teams may earn millions of dollars every year. While it may appear excessive to some, there are various reasons why this money is well merited.
Conor McGregor is ranked first on Forbes' list of the top six highest-paid athletes in 2021.
There is no doubt that professional athletes are overpaid. In 2018, the average yearly pay for an M.L.B. was $90,000 per year. The average salary in the NFL is "only" $2.7 million, yet one of the game's highest-paid players, Green Bay Packers quarterback Aaron Rodgers, recently inked a four-year contract for $134 million.
The fact is that athletes are always going to want to be paid more than they're actually worth because it means more money in their pockets. If everyone paid what they were truly worth, there would be no one left with any money to hire a lawyer or go to court if they have a dispute over wages.
Athletes also get away with paying little or nothing in taxes because they can deduct their earnings as business expenses. But that only goes so far; after a certain point, enough is enough and someone has to give in. Either the athlete will have to cut back on his or her demands or else find someone willing to fight them for lower wages.
Tiger Woods, Floyd Mayweather, Roger Federer, and Cristiano Ronaldo and Lionel Messi, all of whom are still playing in respective sports, have all made $1 billion. According to Sportico, there are a few additional NBA players who may be able to join the $1 billion club before retiring. Kobe Bryant, Kevin Durant, and Devin Booker are all expected to reach at least $100 million in earnings over their careers.
Woods first reached the milestone in 2013 after winning his third straight Masters Tournament. He went on to claim his fifth career Grand Slam by capturing the 2014 U.S. Open. The next year, he became the first player to win the Career Golden Golfstick Award. The award is given to the player who has the most successful career based on statistical criteria such as wins, losses, money earned, etc.
Mayweather hit the $1 billion mark in 2015 after becoming the only boxer to win world championships in five different weight classes. The following year, he surpassed $500 million in earnings when he signed with ESPN to fight exclusively for pay-per-view events.
Federer claimed his second $100 million season in 2012 when he won the Australian Open. The following year, he became the first man to win the French Open and Wimbledon in the same year. This year, he continues to rack up the prize money with three more major titles including the U.S. Open.
The players earn money by participating in tournaments. In addition to fees for playing in matches and prize money, they may earn money by delivering seminars, teaching the game, and appearing on television. Top players may make millions of dollars every year.
Shogi has many similarities with chess. Both are two-player games that have been around for hundreds of years. And like chess, shogi uses pieces that move according to rules of engagement. But where chess is thought-provoking and competitive, shogi is more about strategy and tactics. It's not unusual for players to spend months or even years studying shogi books and learning different strategies before competing against others.
As with chess, shogi has a highly competitive world ranking system. The best players in the world can make thousands of dollars per month through appearance fees and sponsorship deals. But unlike chess, where only grand masters are allowed to compete in official events, women can play up to mid-level shogi competitions. However, there are no female professional shogi players yet so research funding is needed.
In addition to tournament winnings, shogi players can also earn extra cash by writing articles, giving lectures, and acting as mentors to younger players. The most successful ones may even be able to quit their job and pursue their passion full time.
Overall, shogi is a lucrative activity to engage in.
The combined gross earnings of the eight Australian NBA players in the 2018–19 fiscal year covered by the Sports Rich List were $92.8 million. The 30 athletes are ranked based on their total earnings from salary, prize money, and sponsorships. The average NBA player salary is $5.9 million.
The top earner was Melbourne's Evan Turner ($12.5 million), followed by Joe Ingles ($10.4 million) and Boomer Angsarawsak ($7.6 million). In fourth place was former Bull Sam Perkins ($3.5 million), while Dirk Nowitzki made $3 million in fifth place.
Australia has no major basketball league of its own, but it does have a team called the Adelaide Thunderbirds in the Women's National Basketball League (WNBL). The franchise was founded in 1995 and is based in Adelaide, South Australia. The Thunderbirds play home games at the 60,000-seat Adelaide Arena.
Australian basketball players are highly regarded by NBA teams, which is why so many earn big salaries. However, there are few who have become stars in their own right, like Paul George or Kevin Durant.
In addition to the Australians on NBA rosters, several other prominent basketball players have Australian roots.