Olympic athletes spend years, perhaps even most of their lives, training in the hope of winning medals at the Games. But with all that training where do these stars find the time to make money?
Well, for those Olympians who manage to make it to the podium, there’s a distinct chance that they will become incredibly wealthy through big money endorsements with big companies. Indeed, these five Olympians managed to make themselves filthy rich through such endorsements:
Bruce Jenner
Bruce Jenner, now Caitlyn Jenner, was perhaps the first real Olympic superstar. Worth an estimated $100 million, Jenner was once adorned on Wheaties boxes across the country. The athlete also had lucrative endorsements with Ford Motors, Coca-Cola, and General Mills.
Michael Phelps
Perhaps one of the greatest Olympians in history – some list him as high as the second best Olympian to date – Michael Phelps’ agent once revealed that the swimmer had the potential to earn $100 million in career endorsements. Phelps, who won an astonishing 18 gold medals before retiring, is thought to be worth around $55 million after endorsements from Subway, Visa, Speedo, Powerbar and A&T Wireless. Phelps now has a chance to not only add to his medal total in 2016 but make big money in endorsement dollars as well.
The philanthropist has used his wealth to help good causes and even started his own charity called the Michael Phelps Foundation.
Usain Bolt
Dubbed the fastest man alive, Usain Bolt has already won 6 gold medals in his career. But it is perhaps his engaging personality and signature lightning pose that really caught the attention of corporate sponsors. Bolt is thought to be worth an estimated $30 million and has endorsed brands such as Visa, Gatorade, Virgin Media, Hublot and Nissan. And the offers keep coming in, as it was recently revealed that he has signed an endorsement deal with All Nippon Airways, the official sponsor for Tokyo 2020.
Kim Yuna
The South Korean figure skater is perhaps one of the most successful of all time in her sport. Indeed, Kim Yuna, who has an estimated net worth of $21 million, is listed as one of the highest paid female athletes ever and has held endorsements with Nike, Korean Air, Kookmin Bank and Hyundai.
Most recently, Yuna has become a model for jewelry brand J.Estina and has worn the brand’s jewelry throughout her career.
Shaun White
Shaun White is a living legend in the world of snowboarding. In fact, he earned his first endorsement at just seven years old.
Estimated to be worth around $20 million, the star has worked with various brands including Red Bull, Ubisoft, Oakley, Hewlett-Packard and Burton Snowboard. He has also had his name used in various snowboarding video games.
White recently announced that he intends to compete at the 2018 Winter Games in South Korea.
The Key to Big Money Endorsements for Olympians
Of course, not everyone who competes in the Olympics, or wins a medal at the Games, will get big money endorsements. The athletes above brought something more than just talent to win the hearts of the crowd – they also brought extremely big and likable personalities. A personality that inspired others to want to be exactly like them.
After all, for a brand to want to endorse you they want a star that will sell their product to the public effortlessly.
At bacd.biz, instructions of the most popular recreational activities and outdoor sports are added and updated regularly so that you have more options to spend your leisure time.
very nice article that was. i always follow your articles as always it is very interesting
It is really easy to access the brightness settings either if you feel any issue then from here you will change brightness of screen in windows 10 operating system easily by following the steps from our tutorial which you will do it online.
I’m pretty addicted to rooftop snipers 2 and some other shooting games.
Your article is very useful, the content is great, I have read a lot of articles, but for your article, it left me a deep impression, thank you for sharing.
The occasion had become headline news: for politicizing the Games, U.S. Olympic authorities, under tension from the International Olympic Committee, had suspended medalists Tommie Smith and John Carlos and asked them to leave for good.
Great article. It helps a lot for my work. Thanks for sharing these effective and helpful ways.
I hope the virus ends soon and we can have sports events again
Informative article, I have learned a lot about sports from it.
Powerful message, really inspiring and motivating. Thank you for the mood mate.
Truth is out there, boy I loved to watch X-files in my childhood, one of my favorites.
Problemas con la potencia-no importa! Le recomiendo encarecidamente que intente ir aquí ser redirigido aquí , ya que es aquí donde siempre puedo levantar el órgano sexual, pruébelo, estoy seguro de que también estará satisfecho
I must say that you write so well
Progress will become quicker, and skills level up in a shorter time.
Outstanding post, you have pointed out some good details , we too conceive this is a very fantastic website.
Wow never would have thought. I guess we should call getting endorsed in itself a kind of competitive sport haha.
Join hands to protect the health of loved ones and the community from corona virus with the best practices that health experts recommend wearing a mask daily in public places and washing hands with an antiseptic solution. paper io 2
soap2day I’m going to read this. I’ll be sure to come back. thanks for sharing. and also This article gives the light in which we can observe the reality. this is very nice one and gives indepth information. thanks for this nice article…
Thank you for producing such a fascinating essay on this subject. This has sparked a lot of thought in me, and I’m looking forward to reading more.
slope io
What is an outstanding post! “I’ll be back” (to read more of your content). Thanks for the nudge! fa chai slot
best type of article that I really appreciated! receiving best info updates having beautiful post that I had learned so much, I just want to say thanks for sharing & keep it up. Jeff
Wow! I am really proud knowing all about my idols of “Olympic Athletes” which are the champions in sports, thanks for the best article sharing the most beautiful post with best info updates. renderingmelbournepros.com.au/
Thanks so much for sharing this awesome info! I am looking forward to see more postsby you! Folding Table Tennis Table
Its like women and men don’t seem to be involved except it is something to accomplish with Woman gaga! Your own stuffs great. All the time take care of it up! chat cam
If you are looking for more information about flat rate locksmith Las Vegas check that right away. 토토사이트
Took me time to read all the comments, but I really enjoyed the article. It proved to be Very helpful to me and I am sure to all the commenters here! It’s always nice when you can not only be informed, but also entertained! Midnight Paradise Apk
This is a brilliant blog! I’m very happy with the comments!.. invicto 120 training hand wraps
I exactly got what you mean, thanks for posting. And, I am too much happy to find this website on the world of Google. Feng shui Products Online
I admire athletes who win awards in the Olympics. They are excellent and their awards are also great
beautiful post of the blog only just for the best information of best athlete which is truly great, thanks for sharing!
https://www.retainingwallsgoldcoast.net.au
what a wonderful type of site which is truly amazing & full of best info update that looks very impressive. belawyers.com.au/
awesome! what a great kind of article that I really appreciated for sharing best information, only just for best athletes that makes me feel proud of it. http://www.treeremovalcanberra.net.au/
Great article. It helps a lot for my work. Thanks for sharing these effective and helpful ways. TikTok 18
Fast forward to the year 2022 and most, if not all of these athletes listed here are already retired, pretty bittersweet
helo the artical is very Good
Thank you for sharing your experiences and insights on this topic. Your story is really inspiring and it’s great to see someone who is so passionate about their work.
Vacasa also recommends Port Aransas, Texas (number two on the list) because to its 10.7 percent cap rate and $53,717 in potential rental revenue, and Palm Coast, Florida (10th place) due to its 10.3 percent cap rate and $59,482 in possible rental income.
I think the pressure to secure endorsement deals can be overwhelming for some athletes. It’s great to see athletes being rewarded for their hard work and dedication, but I also worry about the impact of endorsement money on their personal lives and the expectations placed on them by sponsors.
I am absolutely thrilled for the upcoming Rugby World Cup 2023! As a die-hard rugby fan, I cannot wait to witness some of the best teams in the world go head-to-head for the coveted trophy.
I’m grateful for the valuable insights and practical advice you provide in your articles. Your guidance has helped me navigate various aspects of life with confidence and clarity.