Roger Federer was being paid about $10 million annually by Nike, but he ditched that sponsorship in 2018 and ended up with two deals that are now worth a combined $600 million-plus.
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Does Nike sponsor Federer?
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 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 is Nadal’s deal with Nike?
The deal reportedly pays Nadal around US$10 million in guaranteed payment.
How much does on pay Federer?
How Much Do Tennis Players Make Per Tournament?
| Player | Tournaments Played | Average Earnings Per Tournament |
|---|---|---|
| Stefanos Tsitsipas | 26 | $134,754 |
| Rafael Nadal | 11 | $134,439 |
| Roger Federer | 5 | $129,531 |
| Andrey Rublev | 28 | $111,838 |
How much does Uniqlo pay Federer?
The partnership ended in March 2018. 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.
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 did Nike drop Roger Federer?
The biggest reason for Roger to leave Nike was the money. The Swiss star had a deal with the company, which gave him $10 million a year. However, the agreement with Uniqlo offered him three times that amount.
Is Federer a billionaire?
Roger Federer becomes the first billionaire in tennis
His current net worth stands at $450 million.
Does Roger Federer own On shoes?
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.”
How Much Does Serena Williams make from Nike?
How much does Serena Williams make from Nike? Williams signed a $55 million deal with Nike in 2003, according to Yahoo. Her longstanding relationship with the sportswear giant didn’t stop there, however. In 2022, Nike even unveiled a building named after her at its Oregon world headquarters.
How much is Djokovic Lacoste deal worth?
around US$9.4 million each year
French brand Lacoste contracted Novak Djokovic in May 2017 to sign a five-year deal as his clothing sponsors. The deal would see him earn around US$9.4 million each year till 2022. Lacoste have also hired him as their brand ambassador and provide him with supporting items during each tournament.
How much does Nadal pay his coach?
Novak Djokovic earns $9,500,000 per year, which allows us to suppose his coach’s bonus is $950,000. Rafael Nadal, with his $11,900,000 annual income, probably pays no less than $1,190,000. 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.
How much do sponsors pay tennis players?
Given that they will likely have some lower level endorsement deals, be a few rounds at the grand slams consistently and winning multiple titles throughout their career, it is common for players at this level to earn between $100k and $1 million per year.
Who is the richest person in tennis?
Novak Djokovic – $220 Million
Nobody in tennis has won more prize money than Djokovic, who has earned over $156.5 million. If this list was based solely on career earnings, he’d be the richest tennis player in the world.
Who is the richest athlete in the world?
The World’s 10 Highest-Paid Athletes for the Last Year, per…
- Lionel Messi, $130 million.
- LeBron James, $121.1 million.
- Cristiano Ronaldo, $115 million.
- Neymar, $95 million.
- Stephen Curry, $92.8 million.
Do tennis players pay for travel?
Most of the time, the player also must pay for the flights and accommodation of his team. According to ITF, all these costs are too much for most players.
Is Uniqlo owned by Nike?
Tadashi Yanai ($31.5 billion)
Yanai owns the Japanese clothing empire Fast Retailing, the largest clothing retailer in Asia, and the parent company of Uniqlo.
What clothing brand does Federer wear?
Federer discussed the story of his signature logo as Uniqlo announces its release of RF-branded apparel for the first time since the 20-time major champion left Nike in 2018.
What does Tiger Woods pay Rolex?
Though terms were not disclosed, the trade publication Brandweek reported that Woods was signed for five years and would be paid up to $7 million in endorsement fees and royalties.
How much does Federer get paid by Wilson?
Wilson has been associated with Federer since 1998 when the Basel native become a professional. The company has a lifetime contract with Federer and Roger “only” earns $350,000 from it. Mercedes-Benz signed a ten-year deal with Federer in 2017, giving him $5 million every year.