Usain Bolt makes Forbes Magazine list of 100 money earners in sport

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Usain Bolt sprinted away with over $1.8 billion over the past 12 months, according to leading business news publication, Forbes Magazine, which recently released its list of the world's 100 richest sports personalities.

Bolt, who has been the poster boy for athletics, has gone on to dominate his events over the past four years, all this time raising the value of the sport and, by extension, his brand.

His US$20.3 million earnings leaves him in the number 63 position, and again makes him the only track and field athlete among the 100 highest-paid sports personalities. The list accounts earnings between June 2011 and June 2012. Bolt is believed to command in the region of US$300,000 in appearance fees per track meet.

The bulk of the athlete's earnings come from his numerous commercial deals, with Forbes accrediting US$20 million of his US$20.3 million income to endorsement arrangements with companies such as Puma, Hublot and Gatorade.

Bolt's contract with Puma is his largest to date and is believed to be in the region of US$10 million - one of the largest shoe-company contracts in the world.

Nissan contract

The Jamaican recently added Japanese automakers Nissan Motors to his ever-growing list of partners, after recently agreeing to feature in the company's global campaign to promote the 2012 Nissan GT-R.