Sunday , December 4 2022
Cristiano Ronaldo gets $180m from Nike deal, according to leaked contract details

Cristiano Ronaldo gets $180m from Nike deal, according to leaked contract details

Spread the love

CRISTIANO RONALDO is one of the most marketable people in the world.

And it is for that reason that Nike pay him a staggering $180.5m to represent the brand, according to leaked contract details.

The Portugal star, 34, has been wearing Nike sportswear since his Manchester United days and is often used in commercials to promote new products or campaigns.

But it comes at a cost of around $18m per year after the Juventus forward signed a ten-year deal in September 2016, in an agreement between Nike and Polaris Sports Limited which owns Ronaldo’s worldwide marketing rights.

As revealed by Der Spiegel’s latest Football Leaks, though, that is just the basic rate – add on bonuses such as winning the Ballon d’Or and his earnings from Nike rocket even higher.

It is understood he was paid a whopping $22.48m in 2016 and 2017, including a cool $4.42m top-up for being the best player in the world

According to information from Football Leaks that has been reported by Der Spiegel, this deal was signed in Dublin between Nike and Polaris Sports Limited, the company that handles the player’s image rights.

“We don’t comment on our contracts with athletes,” Nike told Der Spiegel, while neither Jorge Mendes nor Polaris Sports Limited wanted to make a comment on the subject.

Ronaldo is thought to be Nike’s highest paid athlete – ahead of the likes of Neymar, LeBron James, Tiger Woods and Rafael Nadal.

Nike’s major rivals especially in football are Adidas. The German company have Lionel Messi, Paul Pogba and Dustin Johnson on their books as well as tournaments such as the World Cup and Olympics.

Adidas also have artists such as Kanye West, Justin Bieber, Beyonce, Stormzy and Kylie and Kendall Jenner.

Add in Ronaldo’s other commercial deals – such as the airport named after him in Madeira and his CR7 fashion brand – and his earnings become pretty eye-watering.

About Charles Igbinidu

Charles Igbinidu is a Public Relations practitioner in Lagos, Nigeria

Check Also

Senegal to be fined for breaking FIFA World Cup rules ahead of England clash

Spread the loveSenegal are set to land themselves in hot water with FIFA ahead of …

Leave a Reply

Your email address will not be published.