Chapter
The Lucrative World of Sponsorships for Tennis Players
24:12 - 28:46 (04:34)
Tennis players make a significant amount of their income from sponsorships, with Roger Federer earning $90 million from off-court deals compared to his $300,000 in prize money. Sponsorship deals are often specific to the player and can include significant sums of money even if they retire during the agreement.
Clips
Roger Federer, who recently announced retirement, has earned 300,000 from prize money and a whopping 90 million from sponsorships throughout his career.
24:12 - 26:24 (02:12)
Summary
Roger Federer, who recently announced retirement, has earned 300,000 from prize money and a whopping 90 million from sponsorships throughout his career.
ChapterThe Lucrative World of Sponsorships for Tennis Players
EpisodeHow Roger Federer Became A Billionaire, Betting On Yourself, And The Figma Seed-Stage Pitch
PodcastMy First Million
Roger Federer's contract with Nike was about to end and the expectation was for him to renew it.
26:24 - 27:04 (00:40)
Summary
Roger Federer's contract with Nike was about to end and the expectation was for him to renew it. However, he decided to negotiate a new deal and also signed with other sponsors, resulting in an extra 600 million dollars.
ChapterThe Lucrative World of Sponsorships for Tennis Players
EpisodeHow Roger Federer Became A Billionaire, Betting On Yourself, And The Figma Seed-Stage Pitch
PodcastMy First Million
Tennis player Roger Federer signs a deal with Nike knowing that he will retire during the contract and receive $30 million a year, while other sports give their athletes additional incentives such as free t-shirts.
27:04 - 28:46 (01:42)
Summary
Tennis player Roger Federer signs a deal with Nike knowing that he will retire during the contract and receive $30 million a year, while other sports give their athletes additional incentives such as free t-shirts. Federer was asked if he was allowed to continue wearing Nike at a press conference.