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How do football players make money from sports fashion brands? (Part 1)

For sports athletes like football players, it is perfectly normal to earn a legitimate income from advertising contracts, brand representation or other business sources.

In the world, famous players have a significant source of income from brand advertising or business outside.

Cristiano Ronaldo

For the European Golden Ball Cristiano Ronaldo, his income comes mainly from player salaries with $ 58 million in 2017. However, revenue from advertising contracts with Nike, Tag Heuer, Abbott Laboratories … also up to 35 million USD.

With more than 200 million followers on social networks, Ronaldo can make easy money from advertising contracts as well as brand business. In addition, a series of products such as sports fashion, sports equipment, shampoos, hotels … also business by the name and brand of Ronaldo, thereby bringing huge profits every year.

For example, in 2009, Ronaldo signed a brand advertising contract with Castrol worth £ 8.2 million for 2 years. Upon expiry, he renewed for £ 5.5 million. That is not to mention a series of other brands such as Emirates, Konami …

With such popularity, the media predicts that the total value of his assets, including his brand, will be around 210-230 million USD. Meanwhile, Forbes magazine estimates this figure to be 320 million USD. In 2016, Forbes also ranked Ronaldo first in terms of income among athletes in the world with about $ 88 million.

Lionel Messi

Messi is one of the best players in La Liga and one of the talents of today’s world football. The player’s contract with the Barcelona team is said to be around £ 500,000 / week. Currently, this information has not been verified because they do not include taxes and other great bonuses. Even so, Forbes magazine estimates that Messi annually earns about $ 53.4 million in bonus salaries of all kinds.

Also like Ronaldo, Messi has a series of brand advertising contracts with major brands. Every year, he earns about $ 20 million from a contract with Adidas. In 2016, Forbes magazine estimated the total revenue from Messi brand advertising at about $ 28 million.