Connect with us

Headlines

Messi Unveiled As World’s Highest-Paid Athlete, Followed by Lebron James, Ronaldo

Published

on

PSG and Argentina forward, Lionel Messi, has been unveiled as the world’s highest-paid athlete, with Manchester United’s Cristiano Ronaldo made to settle for third place, reports dailystar.co.uk.

As arguably the two greatest of all-time, it is no surprise that Messi and Ronaldo are the two footballers to rake in the biggest amounts of cash. It’s not only their on-field antics that allow them to live lavish lifestyles though, with their incredible marketability allowing for various endorsements to bring in almost just as much money.

The only footballer to join Messi and Ronaldo on the top 10 list is the former’s PSG team-mate, Neymar. There are several basketball superstars raking it in, while some experienced heads from other sports have their big-money deals to thank for their growing net worth.

Forbes claim Messi made well over £100 million in pre-tax gross earnings over the last 12 months.

NBA legend, LeBron James, didn’t have a season to remember on the court as the LA Lakers missed out on the playoffs. However, the 37-year-old keeps on winning when it comes to making money.

James will have picked up a tidy pay cheque from starring in last year’s Space Jam: A New Legacy movie, more success from his YouTube talk show The Shop, and selling and re-investing in various assets.

For Ronaldo, it was a highly emotional return to Manchester United last summer, and his back pocket doesn’t seem to have taken much of a hit either, with his £500,000-per- week still paying the bills.

Now 37, the Portuguese is just as marketable as ever, boasting the most followers of anyone on Instagram with 439 million, and hundreds of millions more on his other socials. Ronaldo earns roughly the same amount on the pitch as he does off it, so even when he does decide to hang up his boots, rest assured the money isn’t going to dry up.

Neymar is clearly a forward thinking investor too, having spent around £737, 000 on buying two NFT’s from the Bored Ape Yacht Club. It’s thought Neymar now owns the most expensive of all 10,000 of the highly sought-after ape tokens, with Ape 5269 costing 189.69 ETH.

Golden State Warriors guard, Steph Curry, is the highest-paid player in the NBA after signing a contract extension last August. The three-time NBA champion makes just shy of £40 million every year thanks to his staggering on-court performances.

But the 34-year-old also clearly knows where to invest too, dabbling in NFT’s and cryptocurrency, like various other sports stars. Curry’s net worth will no doubt have received a boost from a development deal with Comcast NBCUniversal for his production company Unanimous Media.

In sixth position is Kevin Durant, another basketball icon, who earns a healthy salary being the star man for the Brooklyn Nets. But he also makes plenty of dough through his sponsorship with Nike, almost £23 million to be precise, as well as sponsorships from the likes of Coinbase and Weedmaps.

Seventh-placed Roger Federer is the undisputed GOAT of tennis. Federer hasn’t actually played a competitive match in 2022, but he’s still the seventh best-paid athlete in the world. The Swiss has deals with Uniqlo and Rolex and also invested in shoe brand ON.

Boxer, Canelo is thought to have earned around £32 million from his two pay-per-view fights before losing to Bivol.

Canelo has a number of lucrative sponsorships, but intends to build up an empire thanks to his taco restaurants and opening gas stations, while his Canelo Promotions is working with DAZN to put on fights in Mexico.

Tom Brady, who u-turned on his retirement decision, meaning he will be back in action for the Tampa Bay Buccaneers for the 2022 season, is number nine on the list. He could be forgiven for thinking seven Super Bowl rings is enough – he certainly doesn’t need the money.

To add on to his investment portfolio that includes an NFT platform, two production companies and a clothes line, Brady is also set to take up a commentator role with Fox Sports. If you were worried he might struggle in his eventual retirement, fear not, as Brady is set to earn over £300m over the next 10 years at Fox.

Nigerian-born Greek basketball superstar, Giannis Antetokounmpo (Gani Adetokunbo), is the only member of the list not yet past 30. Fresh from his NBA championship success, Antetokounmpo rounds off the top 10. The Milwaukee Bucks’ two-time MVP agreed a new five-year contract in December 2020 worth a total of £186 million.

The Guardian

Continue Reading
Advertisement


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headlines

Atiku Tackles Obasanjo over Impeachment Sponsorship Claims Involving Na’Abba

Published

on

Former Vice President Atiku Abubakar has questioned why former President Olusegun Obasanjo waited until after Ghali Umar Na’Abba’s death to allege that he paid the former House of Representatives Speaker N5 million to initiate impeachment proceedings against him.

Atiku said raising the allegation when Na’Abba could no longer respond denied Nigerians the opportunity to hear the other side, describing it as a politically motivated attempt to damage his reputation and boost the electoral fortunes of Obasanjo’s unnamed kinsman ahead of the 2027 presidential election.

Obasanjo alleged in a letter to former Governor of Ogun State, Olusegun Osoba that Atiku invited Na’Abba to the Presidential Villa while he was away and convinced the former speaker that he should serve only one term.

The former president claimed the alleged payment formed part of Atiku’s attempt to seize power by “hook or by crook”.

However, Atiku rejected the allegation as politically motivated in a statement issued on Friday by his Senior Special Assistant on Public Communication, Phrank Shaibu.

The African Democratic Congress (ADC) presidential candidate aid the timing of Obasanjo’s allegation showed that it was intended to influence the political contest ahead of the 2027 general election.

Atiku accused his former principal of attempting to tarnish his reputation to give an unfair political advantage to an unnamed kinsman.

“Coming at a time when the political landscape ahead of the 2027 general election is taking shape, the obvious objective is to besmirch my person and reputation and confer an undeserved political advantage on the former President’s kinsman,” he said.

Atiku argued that Nigerians were too discerning to be distracted by an allegation revived for political convenience.

He challenged Obasanjo to openly identify and support his preferred presidential candidate instead of attempting to shape public opinion through claims that could no longer be independently tested.

“If former President Obasanjo has chosen to take a political position ahead of 2027, he should simply declare it and allow Nigerians to judge it on its merits,” Atiku said.

The former vice-president questioned why Obasanjo waited until after Na’Abba’s death to repeat the allegation, saying the timing denied Nigerians the opportunity to hear the former speaker’s version of events.

He also maintained that the bribery allegation had no judicial or official backing.

Atiku argued that Obasanjo’s government controlled the full powers of the Nigerian State and could have investigated and prosecuted any criminal conduct if credible evidence existed at the time.

“If there was indeed evidence of any criminal conduct as alleged, Nigerians are entitled to ask why no action was taken at the time by a government that wielded the full powers of the Nigerian state,” he said.

Atiku linked Obasanjo’s continued hostility towards him to their disagreement over the alleged attempt to secure a third presidential term.

He said he opposed the plan because it threatened Nigeria’s constitutional democracy and refused to sacrifice democratic principles for Obasanjo’s personal ambition.

The ADC leader recalled that he successfully challenged actions taken against him by the Obasanjo administration through a series of court cases.

“Rather than surrender democratic principles on the altar of personal ambition, I defended the Constitution and successfully asserted my rights through the courts in a series of landmark legal victories against a sitting President,” he said.

Atiku described those legal battles as an important part of Nigeria’s democratic history, insisting that Obasanjo had not overcome the bitterness created by their confrontation.

He said he would not allow himself to be dragged into a prolonged dispute over past political battles while Nigerians faced worsening economic hardship, hunger, unemployment and insecurity.

Atiku said his attention remained on presenting credible alternatives, protecting democracy, demanding accountability and working with patriotic Nigerians to restore competent and transparent leadership.

“Nigerians deserve solutions to today’s problems, not recycled political tales from yesterday,” he declared.

Continue Reading

Headlines

UK PM Burnham Unveils 10-Year Plan, Begins Cabinet Overhaul

Published

on

The new British Prime Minister, Andy Burnham, on Monday, unveiled a 10-year plan to tackle the country’s economic and social challenges as he began reshaping his government, with Chancellor Rachel Reeves among senior ministers leaving the Cabinet.

In his first speech outside 10 Downing Street, Burnham said his government would introduce measures to ease the cost-of-living crisis, end rough sleeping, build more council homes and devolve more powers away from Westminster.

“This moment will be a circuit breaker for Britain,” Burnham said, adding that details of the government’s cost-of-living package and how it would be funded would be announced from Tuesday.

According to the BBC, Reeves announced on X that she was stepping down as Chancellor of the Exchequer, describing it as “the privilege of my life” to have served in the role. The broadcaster reported that Burnham had offered her another senior cabinet position, but she declined.

The cabinet reshuffle also saw Foreign Secretary, David Lammy, Housing Secretary, Steve Reed and Business Secretary, Peter Kyle leave government as Burnham assembled his own team.

Speaking to reporters after his Downing Street address, Burnham said he would examine the tax-free personal allowance ahead of his first Budget in the autumn but acknowledged that raising the threshold would have significant fiscal implications.

He also pledged to reform England’s social care system, saying he did not want to leave office without fixing a problem that had persisted for decades, while reaffirming his commitment to existing fiscal rules.

The BBC also reported that Burnham held his first conversation with a foreign leader after taking office, speaking with U.S. President Donald Trump.

The resignation of the outgoing Prime Minister Keir Starmer saying he was leaving office “with good grace” and “a smile.”

Burnham is expected to continue announcing appointments to his new Cabinet as his administration takes shape, according to the BBC.

Continue Reading

Headlines

Finance Minister Oyedele Defends Nigeria’s Rising Debt

Published

on

Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has clarified the sharp increase in Nigeria’s public debt.

Speaking before the Senate Committee on Finance on the state of the nation’s economy on Monday, Oyedele attributed the increase to naira depreciation and accounting adjustments rather than fresh borrowing by the Bola Tinubu administration.

Oyedele was responding to questions from the senator representing Kebbi Central, Adamu Aliero, over claims that the current administration had borrowed about N80 trillion in addition to the N75 trillion public debt it inherited.

According to the minister, comparing the country’s debt stock at the start of the administration with the current figure without accounting for exchange rate movements created a misleading impression.

“When this administration came into office, public debt was around N75 trillion. Many people simply compare that figure with today’s debt stock and conclude that this government has borrowed massively.

“However, it is important to note that, following the reforms and the depreciation of the naira, the foreign currency component of our public debt had to be revalued because Nigeria reports its debt in Naira. That accounting adjustment alone added more than N40 trillion to the public debt figure,” he said.

He added that the securitisation of the Ways and Means advances inherited from the previous administration also contributed significantly to the increase in the debt stock.

The minister further said that much of the government’s domestic borrowing was used to refinance existing debt rather than accumulate new obligations.

According to him, the Tinubu administration had adopted a prudent borrowing strategy focused on infrastructure and long-term economic growth.

Continue Reading