A list of ten highest-paid athletes in the last decade has been released by Forbes. The highest-paid athletes in the past ten years were mostly footballers, boxers and golfers. The list was dominated by male athletes, with the highest-paid sportsman carting away $915 million in the decade.
How the Athletes made earnings
According to Forbes, the earnings of the athletes are a combination of endorsement deals and their wages. Apart from this, revenue stream, pay-tv views and social media; Instagram and Facebook also contributed to the revenue growth.
It was disclosed that before the decade, which started in 2009, Tiger Woods was the only athlete on the planet to earn more than $80 million in a year but since 2010, the figure has increased.
Sports that dominate list
The highest-paid athletes list contains two boxers, footballers, basketballers and golfers, with only one representing Formula one. Mayweather topped the list with a massive $915 million, with Cristiano Ronaldo posting $800 million. However, Mayweather is the only Athlete that makes his earnings without depending on a sport team/club.
Although Lionel Messi is the highest-paid athletes in 2019, he took the third spot on the list behind Mayweather and Ronaldo. Forbes’ annual rankings of top-earning athletes look at salaries, prize money, bonuses, endorsements, appearance fees and licensing income.
The top ten highest-paid athletes
#10 Lewis Hamilton: $400 million
The six-time F1 World Champion is the most marketable athlete in the sport and commands the biggest paycheck.
#9 Kevin Durant: $425 million
Durant’s annual earnings from his salary and endorsements jumped 400% during the course of the decade.
#8 Manny Pacquiao: $435 million
Pacquiao’s 25 pay-per-view fights have generated 20 million buys and an estimated $1.3 billion in revenue.
#7 Phil Mickelson: $480 million
Mickelson nabbed the biggest paycheck of his career in 2018 when he defeated his longtime rival Woods in an exhibition for a $9 million purse.
#6 Tiger Woods: $615 million
Playing Captain Tiger Woods celebrates with the cup after they defeated the International team 16-14 during the 2019 Presidents Cup.
Tiger averaged only 10 PGA Tour events per year during the 2010s, but his endorsement earnings for the decade were tops among athletes.
#5 Roger Federer: $640 million
Federer, 38, is on the back end of his tennis career, but his earnings will stay high on the back of a 10-year, $300 million deal with Uniqlo inked in 2018.
#4 LeBron James: $680 million
James has made more than twice as much from endorsements during his first 16 years in the NBA, compared to his $270 million in playing salary.
#3 Lionel Messi: $750 million
Messi’s 2019 playing salary for Barcelona is the highest of any athlete across all team sports.
#2 Cristiano Ronaldo: $800 million
Ronaldo’s endorsement partners benefit from his massive Instagram and Facebook followings, which both rank as the biggest of any person on the planet.
#1 Floyd Mayweather: $915 million
Mayweather pocketed more than $500 million combined for his 2015 and 2017 fights versus Manny Pacquiao and Conor McGregor.
Note, Serena Williams is the only female athletes that made it to the top 40 of the highest-paid athletes in the last decade.
FG approves N8.49billion to procure COVID-19 testing Kits, others
The fund is to procure 12 items in various quantities to strengthen the testing for COVID-19.
The federal government has approved N8.49 billion to procure 12 items in various quantities to strengthen the testing for COVID-19 by Nigeria Centre for Disease Control (NCDC).
The approval was given during the 11th virtual meeting of the Federal Executive Council presided over by President Muhammadu Buhari on Wednesday.
The approval was based on a memorandum presented to the council by the Minister of Health, Osagie Ehanire.
He was joined at the post-FEC press briefing by the Minister of Information and Culture, Lai Mohammed; and the Minister of Environment, Muhammad Mahmood.
He explained that the approval was made to further equip the NCDC to respond appropriately to the community transmission phase of the pandemic.
COVID-19: Russia to start mass inoculation of vaccine this month as it insists on its safety
The vaccine is said to be undergoing Phase 3 trials, which is the final stage.
Russia has announced that it was going to start mass vaccination of the world’s first COVID-19 vaccine this month before the completion of clinical testing. This is just as it waved off concerns by the international community and some scientists about the safety of the vaccine.
These views were made known by the Russian Health Minister, Mikhail Murashko, on Wednesday, August 12, 2020, during a press briefing.
The Health Minister in his statement said, ‘’Western colleagues, who can sense the competitive advantage of the Russian drug, are trying to express some opinions that are completely unjustified in our view. This vaccine is a platform that is already well-known and studied,” he said, adding that other countries have developed antidotes under accelerated testing programs.’’
Murashko also said that the authorities plan to start inoculating medical workers and other risk groups within 2 weeks on a voluntary basis while pointing out that the vaccine will be made available to the general public from October.
Nairametrics had reported yesterday that the Russian President, Vladimir Putin, in a televised meeting, announced that Russia has registered the first COVID-19 vaccine in what they see as a propaganda coup amid the global race for the development of a vaccine against the coronavirus disease.
This announcement has raised a lot of international concerns with the German Health Minister, Jens Spahn, saying on Wednesday, that Russia’s COVID-19 vaccine has not been sufficiently tested, adding that the aim was to have a safe product rather than just being first to start vaccinating people.
He said in a radio chat that it’s not about being first but rather about having an effective, tested and safe vaccine.
Experts have expressed their concerns over Russia’s decision to grant approval before the final trials of the vaccine have been completed.
He said that as much as he will be pleased to have a good vaccine for the virus, he pointed out that the Russians are not disclosing much about this vaccine.
This vaccine which is developed by Gamaleya Institute in collaboration with the Defence Ministry and the Russian Direct Investment Fund (RDIF), is said to be undergoing Phase 3 trials, which is the final stage.
However, a World Health Organization (WHO) database still lists the vaccine as still only in Phase 1 trial, which is the earliest stage.
The RDIF said that it can produce over 500 million doses of the new vaccine in a year in 5 countries, just as it disclosed that a minimum of 20 countries are currently interested in having access to these vaccines.
The WHO had earlier revealed that it is currently discussing with Russia and pointed out that in granting prequalification of the vaccine, a detailed review of data from clinical trials will be required.
FG completes 11 projects to drive Digital Economy
The government has been pushing the Digital Economy in a bid to diversify economic productivity.
The Federal Ministry of Communications and Digital Economy announced that it has completed 11 projects to drive its Digital Economy programme.
This was announced by the Minister of Communications and Digital Economy, Dr. Isa Pantami, during the phase 2 commissioning of Nigeria’s Digital Economy drive.
The Nigerian Government has been pushing the Digital Economy in a bid to create growth and diversify economic productivity in the nation, starting with the Digital Economy drive which was added to the portfolio of the Ministry of Communications.
Nairametrics reported last month that the Nigerian Communications Commission (NCC) also approved the creation of a Digital Economy Department, which will be responsible for promoting the digital economic agenda of the federal government. The department will renew the commission’s strategy for delivering its programmes and policies, and give the necessary push to promote the national digital economy.
The projects were launched with the supervision of the Ministry of Communications and Digital Economy and would be operated by the Nigerian Communications Commission (NCC), National Information Technology Development Agency, (NITDA) Nigerian Postal Services (NIPOST ) and The Universal Service Provision Fund (USPF) and would be located nationwide.
The 11 projects are:
- Emergency Communications Centre (ECC) llorin, Kwara State.
- Emergency Communications Centre (ECC) Calabar, Cross River State.
- School Knowledge Centre (SKC), Gombe State.
- Information Technology Innovation Centre, Kogi State.
- Tertiary Institution Knowledge Centre (TIKC), Delta State.
- New Neighborhood Post Office, Delta State.
- Remodelled National Mail Exchange Centre, Bayelsa State.
- e-Health/Data Sharing Centre, Bauchi State.
- Virtual Examination Centre, Borno State.
- Information Technology Capacity Building Centre, Jigawa State.
- Information Technology Capacity Building Centre, Imo State.