Reggae Sumfest 2018

Usain Bolt's rank among highest paid athletes falls

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usain-model.jpgUsain Bolt has seen his rank among the highest paid athletes in the world fall significantly, but not because of a major decline in his earnings.

Influential business magazine, Forbes, estimates the athlete earned US$21 million in the last 12 months, which was enough to rank him at number 73 among the top earning athletes in the world. That was just US$2 million lower than the US$23 million he earned in the prior year which had him ranked at 46th.

Bolt picks up most of his earnings from endorsements with Puma, his chief sponsor, responsible for US$10 million of the amount through to the 2017 World Championships, which is the year in which he is expected to retire.

After retirement, Puma is contracted to pay him US$4 million a year through to 2025.

The top five earning athletes last year were boxers Floyd Mayweather and Manny Pacquiao, footballers Critiano Ronaldo and Lionel Messi and Tennis star Roger Federer.

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