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Despite being largely inactive on court over the last 18 months, Roger Federer remains among the highest-paid sportsmen in the world.
While Federer’s earnings on tour over the years are impressive, the bulk of his money comes from sponsorships and commercial relationships.
According to Forbes, Federer has a sponsorship portfolio that is unmatched in the sports world.
He has built that impressive portfolio over a number of years of being tennis’ most marketable professional.
In 2020 Federer became the highest-paid sportsman in the world for the first time with only $6 million or so of the $106 million he banked coming from winnings and appearance fees.
By 2021 Federer had slipped to seventh on a list still dominated by footballers, prizefighters and basketball stars. By then with Federer largely inactive on the ATP Tour over 99 per cent of his money earned came from sponsorships.
Japanese apparel brand Uniqlo have made sure that Federer will be taking home serious bank until as late as 2028 when his ten-year $300 million deal expires.
Luxury brands clamour to get the Swiss Superstar to be associated with their products and services still due to his high-profile and generally positive public perception.
Rolex, Mercedes-Benz, Lindt & Sprungli, LVMH Moët Hennessy Louis Vuitton all have commercial deals with Federer.
As Switerzland’s most prominent sportsman he also serves as a sort of unofficial ambassador for the country as a whole and has partnered with Switzerland Tourism.
He recently appeared in a promotional video for Switzerland Tourism appearing alongside Hollywood superstar Anne Hathaway.
Federer made a significant investment in Swiss athletic apparel company On back in 2019 and according to financial experts his stake could now be worth more than $300 million.
Even if Federer doesn’t step out on court once this year, he is still likely to be Tennis’ top earner.
Rafael Nadal may have gone ahead of Federer in terms of Grand Slams won but the Swiss great’s sponsorship earnings dwarf those of the Raging Bull.
Novak Djokovic has lost sponsors off the back of his Australian Open visa and vaccine debacle and is unlikely to attract the same interest as Federer.
Women’s star Naomi Osaka actually poses the greatest threat to Federer’s status as Tennis’ top earner as her star continues to rise. Her 2021 sponsorship earnings outstripped those of Nadal and Djokovic and if she can add Grand Slam titles this year she might get close to making that Federer bank.
The article Why Roger Federer is still tennis’ top-earner despite layoff appeared first on Tennis365.com.