Saudi Arabia injection into sport results in record earnings for stars, says Forbes | The Citizen

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According to Forbes, the world’s 10 highest-paid athletes collected an estimated $1.11 billion (R20.18 billion) before taxes and agents’ fees over the last 12 months, an increase of 12% from last year’s $990 million (R17.9 billion). Read more here 👇

, who parted ways with Manchester United in November to join Saudi Arabia’s Al Nassr, tops the list with an estimated haul of $136 million . Just his playing salary is now worth $75 million a year.

Fellow football player Lionel Messi of Argentina is second on the Forbes list, with the Paris Saint-Germain star raking in $130 million .French footballer Kylian Mbappe is third, with most of his income coming from his $100 million salary at PSG. His total earnings over the last year was estimated to be $120 million .

Basketball icon LeBron James is fourth overall, and the first non-footballer on the list, with the Los Angeles Lakers forward making $119.5 million in the last 12 months. Mexican boxer Canelo Alvarez made the most money in the ring, raking in $110 million after scoring big with blockbuster fights against Dmitry Bivol and Gennadiy Golovkin.

Clarifying its methodology in creating the list, Forbes said on-field earnings figures included all prize money, salaries and bonuses, while off-field earnings were an estimate of sponsorship deals, appearance fees and memorabilia, and licensing income.

 

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