• Loading stock data...
Saturday, October 12, 2024
The Best Employers in Sports survey is now open! Take the survey

Sponsors Push Top Athletes’ Pay to Record Highs

  • The 50 highest earning athletes set records across multiple sports, but no MLB, NHL, or NASCAR athletes made the list.
  • The threshold for making the list also set a new record.
Mark J. Rebilas-USA TODAY Sports/Design: Alex Brooks

Top athletes are getting paid record amounts, and endorsements are the driving force.

The 50 highest-paid athletes from the one-year period ending May 1 made more than they ever have, according to Forbes.

Conor McGregor topped the list with his $180 million year. Lionel Messi ($130 million), Dak Prescott ($107.5 million), LeBron James ($96.5 million), and Naomi Osaka ($60 million) set the respective records for soccer, football, basketball, and female athletes.

  • Most of the top 50 play either football (18) or basketball (13). The listed NBA players all had at least $7 million in endorsements, but NFL players not named Brady or Mahomes were much more dependent on their salaries.
  • With the pandemic canceling events and trimming event purses, golf and tennis stars were highly reliant on sponsorships. Tiger Woods and Roger Federer made a relative pittance, $200,000 and $30,000, respectively, for their play, but raked in $60 million and $90 million in endorsements.
  • Naomi Osaka ($55 million in endorsements), Phil Mickelson ($40 million), Serena Williams ($40 million), and Novak Djokovic ($30 million) each made between $1-5 million on the court or golf course.

No baseball players made the top 50, but they might have in a normal year. The league prorated 2020 salaries to around 37% of their original value because the season was shortened to 60 games. Six players, led by Mike Trout’s $37.7 million, would have made the list just based on their 2021 salaries.

No NHL or NASCAR athletes crossed the list’s $34 million threshold — the highest it’s ever been.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Soccer’s U.S. Boom: MLS and NWSL Break Attendance Records

Both Major League Soccer and the National Women’s Soccer League have set attendance records.

NBA Media’s Changing of the Guard

Among other issues, networks are trying to figure out a post-LeBron coverage plan.

Cowboys No Longer No. 1 TV Draw

Dallas dominated ratings wars for decades, but the trend has shifted.
podcast thumbnail mobile
Front Office Sports Today

The FOS Interview: Golden State Valkyries Coach Natalie Nakase

0:00

Featured Today

Sep 21, 2024; Boulder, Colorado, USA; Colorado Buffaloes quarterback Shedeur Sanders (2) walks through Buff Walk before the game against the Baylor Bears at Folsom Field.
opinion

The NIL Era Is a Wild West. Is Anyone Surprised?

Amateurism is dead and college athletes are professionals. How’s that working out?
October 11, 2024

‘We’re Ready for FBS’: Sacramento State Is Serious About the Jump

How the Hornets got themselves on the short list of potential call-ups.
Duante' Abercrombie News Ch.4 interview
October 9, 2024

Tennessee State’s Ambitious Plan to Launch an HBCU Hockey Program

TSU has big plans, but the university is facing an existential dilemma.
October 8, 2024

Ryan Smith Sees Salt Lake City As Next Vegas-Like Sports Town

Utah Hockey Club’s owner says all the pieces are falling into place.
Jul 20, 2024; London, United Kingdom; The New Balance FuelCell MD-X spikes worn by Gabrielle Thomas aka Gabby Thomas (USA) in the women's 200m during the London Athletics Meet at London Stadium.

Olympic Sprinter Sues New Balance Over ‘Cracked’ Shoes

Khamica Bingham is a two-time Olympic sprinter for Canada.
October 10, 2024

Rafael Nadal to Retire: His Impact on Tennis, Endorsement Legacy

Nadal has been battling with injuries over the last few years.
October 11, 2024

Haason Reddick Fired by Own CAA Agents $9 Million Into Jets Holdout

The star rusher has not played all season over a contract dispute.
Sponsored

Rivalries Reign Across Red River and the Beltway, London Calling

According to data from TickPick, renewed battles between bitter foes are spiking ticket prices.
October 9, 2024

PGA vs. LIV ‘Showdown’ Has International Ambitions

The inaugural match will be played in Las Vegas this December.
Indiana Fever guard Caitlin Clark (22) smiles while answering a question Tuesday, Sept. 17, 2024, after an Indiana Fever practice at Gainbridge Fieldhouse in Indianapolis.
October 8, 2024

Next Up for Caitlin Clark Mania: Women’s Golf

The hoops sensation is scheduled to play in a pro-am on the LPGA Tour.
October 6, 2024

MLB Poised for Huge Viewership Gains

A Dodgers-Yankees World Series is on the table.
October 5, 2024

MLB Gets the Shohei Ohtani Postseason Treatment. The Value Is Immense

The Japanese superstar finally makes his playoff debut Saturday.