C. Ronaldo agreed to wage pay cut, Football’s first $1 billion man

Portugal’s superstar Cristiano Ronaldo is on tract to become football’s first $1 billion man.

But he is the third sportsman to crack $1 billion after Floyd Mayweather and Tiger Woods – both of whom have had much longer careers in boxing and golf than C. Ronaldo that will ever have playing football.

C. Ronaldo has agreed to a pay cut of £3.45 million, which, in line with the rest of his Juve team-mates, will help the Serie A save up to £100m from March until May.

According to Forbes, C. Ronaldo earned about £89 million last year but his Juventus wages accommodate for marginally over half of that income at about £53 m, once bonuses are all counted. Forbes adds that C. Ronaldo earns around £36 m a year from his endorsements, including his sponsorship agreement with Nike, his underwear brand and an array of other advertising projects such as footwear and cologne. He has also appeared on the front cover of the FIFA 19 video game.

And with his earnings from those ventures all still set to roll in this year, it means the Portuguese superstar is in line to become footballs first billion dollar man and shows just how marginal his £3.45 million pay cut will turn out to be for him.

Since the Coronavirus (COVID-19) outbreak has halted football in Italy and eventually across Europe, C. Ronaldo has been self-isolating in Madeira with his family.

 

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