Friday, June 22, 2012

Federer fifth for Forbes

Forbes Magazine has identified Roger Federer as the fifth highest paid athlete in the world. Forbes estimated that Federer earned $52.7m in total earnings in the past year, with $45m of that coming from endorsements.

“Federer has the most impressive endorsement portfolio in sports, with nine sponsors that collectively pay him more than $30 million annually, including long-term deals with Nike, Rolex, Wilson and Credit Suisse,” writes Forbes.

“He also commands more than $1 million per exhibition event. Federer is widely perceived as the greatest tennis player ever. He holds the records for most singles Grand Slam wins (16) and career prize money ($71 million). He appeared in a staggering 18 out of 19 Grand Slam finals between 2005 and 2010.”

World No. 2 Rafael Nadal is 16th in the Forbes list with an estimated $33.2 million in earnings, including $25 million in endorsements.

Ahead of the 30-year-old Federer in the list of the World’s 100 Highest-Paid Athletes, are No. 1 Floyd Mayweather (total earnings: $85m), No. 2 Manny Pacquiao ($62m), No. 3 Tiger Woods ($59.4m) and No. 4 LeBron James ($53m).

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