Is Ronaldo actually sabotaging his net worth after firing his managers?
When you think of Cristiano Ronaldo, what comes to mind? Goals, glamour, and perhaps a golden lifestyle? But there’s more to this Portuguese powerhouse than just his on-field prowess. With a net worth of $500 million, Ronaldo isn’t just playing the game; he’s changing it.
A Journey to Billionaire Status
Ronaldo’s journey is not just about scoring goals; it’s about scoring big in the financial league too. With an annual earning that hovers between $100-150 million from salary and endorsements, he’s not just a footballer; he’s a brand.
In 2020 alone, he pocketed $120 million, with $70 million from his salary and a whopping $50 million from endorsements with giants like Nike, Clear Shampoo, and Herbalife. His trajectory places him in the elite club of athletes with career earnings surpassing $1 billion, a club that boasts names like Michael Jordan and Tiger Woods.
In December 2022, Ronaldo made headlines with a rumored move to Al Nassr, a Saudi team. This wasn’t just any transfer; it was a record-breaking 500 million Euro deal for 2.5 years. This contract alone could redefine sports contracts globally, breaking down to an astounding $210 million USD per season.
Ronaldo’s Brand Power
Ronaldo’s earning power extends beyond the pitch. His base salary typically exceeds $60 million per year, but his off-field earnings from endorsements are just as impressive, often exceeding $40 million annually. Between June 2017 and June 2019, he amassed over $218 million.
A significant chunk of this comes from his “lifetime” deal with Nike, rumored to be worth $1 billion with a $100 million signing bonus. Besides, Ronaldo also boosts his income through his line of perfumes and clothing.
After a successful nine-year stint with Real Madrid, Ronaldo embarked on a new journey with Juventus in 2018, signing a four-year deal with a base salary of $64 million which only raised his net worth even higher. This move not only highlighted his football skills but also his ability to remain a high-value player across different leagues and teams.
Switching focus to another Ronaldo, Ronaldo Nazario, the Real Valladolid president, made headlines for sacking reserve team manager Julio Baptista. Despite their close relationship, Nazario made this tough decision after Baptista criticized the club’s management. This move underlines the challenges and responsibilities that come with club ownership and management.
Cruzeiro: A Champion’s Touch
Ronaldo Nazario’s impact isn’t limited to Valladolid. He’s also left his mark on Cruzeiro, a club he owns a controlling stake in. Under his ownership, Cruzeiro clinched the championship in Brazil’s Serie B, a testament to his effective management and investment in the club. This achievement is particularly remarkable considering the club’s financial struggles before his takeover.
Ronaldo’s personal commitment to his clubs is evident. After Real Valladolid’s promotion to La Liga, he embarked on a 280-mile cycle ride with his wife, a promise he made before the season. This personal touch adds a human element to his ownership, showing his dedication not just as an investor but as a true fan.
Cristiano Ronaldo’s journey is a testament to how modern footballers are more than just athletes; they are brands, entrepreneurs, and influencers. His ability to excel both on and off the field sets a new standard for what it means to be a successful professional athlete. As he continues to break records and set new benchmarks, one can’t help but wonder: What’s next for Cristiano Ronaldo and his net worth?