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Cristiano Ronaldo: The Highest Paid Soccer Player in the History of the Sport

Soccer, Sports
Cristiano Ronaldo: The Highest Paid Soccer Player in the History of the Sport


Cristiano Ronaldo becomes the best paid soccer player in the history of the sport after agreeing to a new contract where he will be earning £403,000 weekly (approximately  $545,700) . The contract was sealed when Ronaldo signed the five year contract tying him to his Spanish club, Real Madrid. The Portugal international will earn an annual basic salary of £21 million net (approximately $28,438,200). On top of this he will also earn performance related bonuses and receive substantial image rights payments.

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The figures being mentioned are double the wage that Ronaldo had agreed upon when joining Madrid back in 2009. His agent was able to negotiate such a deal because of 2 main reasons. First, he was able to calculate that Ronaldo could achieve a signing on fee that was between the astronomical amounts of £50 and £70 million  ( $70 million- $95 million) if he had chosen to part with the club and leave as a free agent. Second, the club president could not imagine losing a player who had scored as many goals as he had club appearances and was the club’s most prized asset.

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