10-year.
Federer made headlines in 2018 when he swapped Nike for Uniqlo in a 10-year deal estimated to be worth US$300 million. The deal with the Japanese brand had been “a long time coming”, Federer said at Wimbledon 2018.
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How much is Federer’s contract with Uniqlo?
In a thread on Twitter, Pompliano revealed Uniqlo swooped in to partner up with the 40-year-old, agreeing to pay him £220million over 10 years – three times more than what he received from Nike annually.
How long has Roger Federer been with Uniqlo?
Like Federer’s last deal with Nike, the Uniqlo contract covers a 10-year span. Many analysts considered it a curious move to sign the then-36-year-old to a deal that may extend beyond his playing years. Yet Uniqlo was clear that they view Federer as an asset whose value will grow.
Is Roger Federer still with Uniqlo?
For a large part of his career, Roger Federer had an endorsement with Nike. From 1994, he wore their clothes and shoes. However, 2018 marked the end of this partnership as the Swiss maestro decided to work with Uniqlo.
Is Roger Federer not sponsored by Nike?
Federer decided to end his endorsement with Nike in 2018. The company was paying him $10 million annually and he was the face of the sports brand for over 20 years. And there is an unwritten rule in the world of sponsorships — you don’t spend over 10% of overall revenue on athlete sponsorship deals.
How much does Rolex pay Roger Federer?
The 10-year, $15 million deal earned him around $1.5 million each year and was one of the largest endorsement deals ever made for an athlete at the time. When the deal ended in 2016, Rolex re-signed him for an estimated $8 million annually.
Why is Federer sponsored by Uniqlo?
Swiss tennis icon Roger Federer has explained that his decision to end a two-decade association with Nike in favour of a new agreement with Japanese clothing company Uniqlo came as a result of the latter’s commitment to continue working with Federer after his retirement from the sport.
How much of on does Federer own?
about 3%
6) Including his initial investment & marketing fees, Roger Federer reportedly owns about 3% of the brand. The craziest part? Just two years later, On Running has gone public & the business is valued at $10 billion. That means Federer’s stake is now worth about $300 million.
Was Djokovic sponsored by Uniqlo?
After ending his association with Sergio Tacchini less than three years into a 10-year sponsorship agreement, Novak Djokovic has signed a five-year deal with Japenese brand Uniqlo.
How much money does Federer make from sponsors?
Federer has a sponsor portfolio that is unmatched in the sports world. In 2020, that made him the world’s highest-paid athlete for the first time; he was No. 7 in 2022. The biggest deal in his stable is Japanese apparel brand Uniqlo, which locked him up in 2018 under a ten-year, $300 million deal.
How much does Roger Federer make from sponsors?
The part you didn’t know? He left behind a $10 million annual sponsorship deal with Nike and turned it into a $600 million-plus payday.” Pompliano sets the scene: “Federer had been with Nike for more than 20+ years, becoming one of the most decorated athletes in sports history with 20 Grand Slam titles.
How much money does Roger Federer make in endorsements?
Rafael Nadal and Novak Djokovic have matched Roger Federer’s record with 20 Grand Slam singles titles, but Federer remains the unanimous GOAT with sponsors, having collected nearly $900 million off the court across his career to go with his $131 million in prize money.
Is Federer a billionaire?
His current net worth stands at $450 million. He is the first tennis player to cross the billionaire mark and is the sixth active athlete to do so.
How much does Roger Federer pay his coach?
Roger Federer and Rafael Nadal have $5,000,000-$6,000,000, so the coaches are supposed to have about $500,000–$600,000 as a bonus. Add a fixed fee for training sessions, and it becomes obvious that elite tennis coaches are quite wealthy people.
What does Tiger Woods pay Rolex?
Rolex signed Woods on a five-year contract which was valued at US$7 million, to be paid in endorsement fees and royalties. The partnership was focused towards younger consumers.
Who Owns Roger Federer brand?
On was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Mr Federer investing an undisclosed sum in the company in 2019. The 20-times Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.
Does Roger Federer own On cloud?
Back in 2019, Federer inked a partnership with high-end running sneaker brand On. Federer also invested an undisclosed sum (at an undisclosed valuation) in the maker of sneakers with “cloud” soles, and has since worked alongside the brand to develop his own footwear line dubbed “The Roger.”
Does Federer wear cloud shoes?
Meet THE ROGER
The tennis-inspired sneaker with CloudTec® comfort. Developed with Roger Federer. A record-breaker for the record-breaker. Roger wears the second-generation Cloudflow in Rust | Limelight.
Did Roger Federer get his logo back?
In December, Roger Federer revealed that the “RF” was back. The tennis great was referring, of course, to the unveiling of a collection of hats bearing his famed logo in connection with his 2-year old sponsorship deal with Uniqlo.
How much did Djokovic get from Uniqlo?
However, the gap between Djokovic and 20-time Grand Slam-champion Federer in terms of commercial value is still vast, with the Swiss national estimated to make $100 million in 2018, according to business site Verdict, largely thanks to the $300 million clothing deal he signed with Uniqlo.
Is Lacoste still sponsoring Djokovic?
Djokovic on continued support from Lacoste after sponsor split following Australian Open: “I think they made a good choice and I am grateful”