10 Forbes Highest Paid Athletes Of 2016

#1  Cristiano Ronaldo (Football) $88 million

Cristiano Ronaldo (Football) $88 million

Cristiano Ronaldo dos Santos Aveiro (born 5 February 1985) is a Portuguese professional footballer who plays for Spanish club Real Madrid and the Portugal national team. He is a forward and serves as captain for Portugal. In 2008, he won his first Ballon d’Or and FIFA World Player of the Year awards. He then won the FIFA Ballon d’Or in 2013 and 2014. In 2015, Ronaldo scored his 500th senior career goal for club and country.

Often ranked as the best player in the world, Ronaldo was named the best Portuguese player of all time by the Portuguese Football Federation, during its 100th anniversary celebrations in 2015. He is the only player to win four European Golden Shoe awards. One of the most marketable athletes in sport, in 2016 Forbes named Ronaldo the world’s best paid athlete. In June 2016,ESPN ranked him the world’s most famous athlete.

Making money is all good and great, but it’s also very important to hold on to it. Forbes also provides a shocking statistic: 80% of retired NFL athletes go broke after three years out of the League. This phenomena is also present in other sports, with similar percentages, but why? Well, Forbes came down to 5 main reasons: Lack of competent financial planning advice, supporting a village (extended family), divorce, lack of awareness of how rapidly a career can end, and lack of preparation for a second career.

These are the 10 highest paid athletes of 2016. 

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