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The Top 5 Highest Paid Professional Athletes of 2020: A Look into Their Earnings

Updated: Apr 14, 2023




The world of professional sports has seen a rapid rise in salaries over the past few years, with some athletes earning mind-boggling amounts of money. In 2020, despite the COVID-19 pandemic causing disruptions to the sports world, some athletes still managed to rake in massive salaries. Here's a look at the five highest-paid professional athletes of 2020.


Roger Federer: The Swiss tennis superstar was the highest-paid athlete of 2020, earning a whopping $106.3 million. Federer made $100 million from endorsements alone, thanks to his partnership with major brands such as Rolex, Mercedes-Benz, and Uniqlo. Despite turning 39 in 2020, Federer remains a dominant force in the sport and is widely regarded as one of the greatest tennis players of all time.


Cristiano Ronaldo: The Portuguese soccer star earned $105 million in 2020, with the majority of his income coming from endorsement deals. Ronaldo has long been a popular figure among advertisers, and his partnerships with Nike, Herbalife, and Clear shampoo have helped him rake in massive earnings.


Lionel Messi: The Argentine soccer wizard earned $104 million in 2020, with $32 million of that coming from endorsements. Messi's partnership with Adidas is one of the most lucrative in sports, and he also has deals with Huawei, Gatorade, and Mastercard.


Neymar Jr.: The Brazilian soccer phenom earned $95.5 million in 2020, with $25 million of that coming from endorsement deals. Neymar is sponsored by major brands such as Nike, Red Bull, and Beats by Dre, and he also has his own line of sneakers with Nike.


LeBron James: The NBA superstar earned $88.2 million in 2020, with $60 million of that coming from endorsements. James is one of the most marketable athletes in the world, and his deals with Nike, Coca-Cola, and Beats by Dre have helped him become one of the highest-paid athletes of all time.


While these athletes' salaries may seem astronomical to the average person, it's important to remember that they have worked incredibly hard to get where they are. Many of them have been training since childhood and have dedicated their lives to their respective sports. Additionally, the massive salaries these athletes earn often trickle down to other players and staff within their respective leagues, helping to support a vast network of people in the sports industry.


Overall, the highest-paid professional athletes of 2020 demonstrate that the sports world continues to be a highly lucrative industry. As long as fans continue to watch and support their favorite teams and athletes, it's likely that salaries will only continue to rise in the years to come.

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