Ronaldo's sensational $1 billion handshake

The partnership with giant Nike helped striker Cristiano Ronaldo pocket a huge sum of money.

Ronaldo has a lucrative contract with Nike.

In 2016, Ronaldo signed an iconic lifetime contract with Nike, reportedly worth $1 billion . This signing marked one of the rarest and most valuable commercial deals in the history of world sports .

According to sources at the time, Ronaldo began earning around $25-26 million per year, almost matching the salary he received while playing for Real Madrid at the peak of his career.

Between 2016 and the present, Ronaldo's total earnings from this contract are estimated to be between $175 and $190 million . This is only his basic income, not including bonuses, image rights fees, and revenue from CR7-branded products developed by Nike.

Ronaldo once generated $500 million in media value for a single brand in just one year. Photo: Reuters .

The relationship between Ronaldo and Nike actually began in 2003, when he was a promising young talent. Over two decades, this partnership has expanded beyond sponsoring playing kits to include business ventures and personal branding. Ronaldo has become one of Nike's most important global ambassadors, alongside many other sports legends.

The unique aspect of this agreement lies in its "lifetime" nature, a rarity in the world of professional sports. Even after retirement, Ronaldo will continue to receive income from Nike.

More than just an outstanding player on the field, Ronaldo is also an icon of success in the sports commercial field. His contract with Nike not only brought in enormous revenue but also solidified his position as one of the most influential athletes in the world, both on and off the court.

Source: https://znews.vn/man-bat-tay-1-ty-usd-gay-chan-dong-cua-ronaldo-post1646091.html