Nepal | July 15, 2020

Federer is the world’s highest-paid athlete, says Forbes

reuters
Share Now:

LONDON: Roger Federer is the world’s highest-paid athlete for 2020 as the COVID-19 pandemic knocked soccer’s Lionel Messi off top spot, according to the annual Forbes list released on Friday.

The Swiss tennis great, owner of a men’s record 20 Grand Slam singles titles, earned $106.3 million in the last 12 months, including $100 million via endorsements, to move up four places and become the first player from his sport to top the list.

Soccer players Cristiano Ronaldo ($105 million), Messi ($104 million) and Neymar ($95.5 million) and American basketball player LeBron James ($88.2 million) rounded out the top five.

“The coronavirus pandemic triggered salary cuts for soccer stars Messi and Ronaldo, clearing the way for a tennis player to rank as the world’s highest-paid athlete for the first time,” said Kurt Badenhausen, senior editor at Forbes.

Roger Federer is the perfect pitchman for companies, resulting in an unparalleled endorsement portfolio of blue-chip brands worth $100 million a year for the tennis great.”

Japan’s Naomi Osaka ($37.4 million), who was ranked 29th on the list, surpassed fellow tennis player Serena Williams ($36 million) as the world’s highest-earning female athlete.

Osaka and Williams were the only women on the list.

Basketball players led all sports with 35 players among the top 100. American football occupied 31 spots, none higher than six-times Super Bowl champion Tom Brady ($45 million) who was ranked 25th.

Soccer was the next most represented sport with 14 players, followed by tennis (six), boxing and mixed marital arts (five), golf (four), motor racing (three), and baseball and cricket with one each.


Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

Manchester United, Marcus Rashford, Premier League

United stay fifth after Saints grab last-gasp leveller

MANCHESTER: Manchester United's Champions League qualification hopes suffered a blow after an equaliser deep in stoppage time from Michael Obafemi earned Southampton a 2-2 draw in the Premier League at Old Trafford on Monday. United, unbeaten in 18 games in all competitions, were poised to m Read More...

Capital budget spending at two-decade low of 40 per cent

KATHMANDU, JULY 13 With just two days remaining for the 2019-20 fiscal year to end, capital budget expenditure throughout the year stands at one of the worst ever at 39.62 per cent. Officials at the Ministry of Finance said capital expenditure during the current fiscal year, which was primaril Read More...

Mayur company resumes bus service in Kathmandu

Kathmandu, July 13 Mayur Yatayat Company resumed its bus services from today in Kathmandu valley amid the COVID-19 pandemic. The decision of Mayur Yatayat has come as a relief to commuters at a time when other public transportation entrepreneurs were refusing to operate their services citing f Read More...

‘Press freedom should involve accountability’

Kathmandu, July 13 Minister of Communications and Information Technology Dr Yubaraj Khatiwada said the CIT Ministry ought to start digitisation first, by utilising the advancement of information technology. As the government has adopted a digital framework, we should become paperless in our activ Read More...

Absconding murder suspect held after 13 years

Kathmandu, July 13 Police have nabbed one of the two prime murder suspects of the much-hyped Sitapaila murder case that had happened 13 years ago. Two workers at a saw mill had allegedly killed its owner, his wife and inflicted serious injuries to their 15-year-old son on the night of 2 Januar Read More...

US debates school reopening, WHO warns 'no return to normal'

MIAMI: The resurgence of the coronavirus in the United States ignited fierce debate Monday about whether to reopen schools, as global health officials warned that the pandemic will intensify unless more countries adopt comprehensive plans to combat it. “If the basics aren’t followed, there is Read More...

landslide

COVID-19 control, disaster management top priorities

Kathmandu, July 13 Tokha Municipality in Kathmandu has set priorities for containment of COVID-19 crisis and disaster management in the budget for the upcoming fiscal year. The municipality that is located in the northern belt of Kathmandu unveiled a budget for Rs 1.58 billion for the fiscal y Read More...

US budget deficit hits all-time high of $864 billion in June

WASHINGTON: The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues. The Treasury Department reported Monday that the deficit hit $864 billion last Read More...