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The Richest Athletes are Often no Surprise by Phoenix Delray





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The Richest Athletes are Often no Surprise by
Article Posted: 05/08/2012
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Articles Written: 2834
Word Count: 436
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The Richest Athletes are Often no Surprise


 
Entertainment
When people take a look at the richest athletes, they often are not surprised at the names they find. There are sports figures from all disciplines that top the list of the best paid. Once people go down the list a bit, they often are surprised at who they find.

Being the best-paid can have a great deal to do with true athletic prowess. Those who consistently rank highest may be involved in a sport that does not require a great amount of physical stress on the body such as golf. There are figures in that sport that have consistently placed high in the rankings, sometimes for decades. The secret is that not all of these people’s wealth has been gained from just playing their game. Much of their income is derived from secondary sources. Celebrity endorsements of all kinds bring in money, usually by something as simple as the person having a logo on their clothing or their image used with a product. Some of these figures have helped to design golf courses or golf communities.

In decades past, boxers tended to have higher incomes than other figures. While there is usually a boxer or two in the top 20 athletes in the United States, they are not always the highest earners. While they may also lend their names to celebrity endorsements, they may also make use of skilled financial advisers.

Basketball, football and baseball stars all try to earn as much as they can, whether it is from their contracts or by endorsements. One of the problems with these sports, as well as others, is that there is no guarantee to how long anyone can participate. The main reason is injury but there can be other issues that come up as well. Most of those who play these types of sports may suffer an injury to their neck, spine or shoulders that effectively ends their careers. At least one very popular figure quit playing when he was diagnosed with a deadly disease. Unlike many players who stop, this athlete has been able to diversify his assets and make more money.

Many of the team owners and coaches have made considerable amounts of money because of their teams. They too may have a stake in celebrity endorsements or real estate. There are also people who are not as well known in the United States but who have become popular in other places. While many of the richest athletes are in the US, there are others in the rest of the world also.

For more information on the richest athletes, please visit our website.

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