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Soccer legend Lionel Messi has received a salary of $674 million over the past four years
Posted on 1/31/21 at 9:50 am
Posted on 1/31/21 at 9:50 am
quote:
Here are the numbers of the contract Messi signed back in 2017, via Italian reporter Fabrizio Romano: €555,237,619 over four years, with an annual salary of €138 million including variables, a €115 million “renewal fee” and a €77 million loyalty bonus.
Those numbers translate out to $674 million for the entire contract, $167 million per year, $139 million renewal fee and a $94.6 million loyalty bonus in 2020 dollars.
Compare that to Mahomes’ 10-year, $503 million deal (in reality a $450 million due to some creative accounting) or Mike Trout’s 12-year, $420 million contract, and you’ll see that the highest reaches of European soccer blow away American sports salaries. Messi’s contract is higher than the highest reaches of the biggest contract on record, and it’s only over the course of four years. The total money over the course of the contract comes out to about $320.55 per minute.
In fact, Messi’s $167 million annual income is higher than the combined salaries of Trout, LeBron James, Tom Brady and Connor McDavid this year, according to Spotrac’s numbers for yearly cash.
LINK
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Posted on 1/31/21 at 9:52 am to Bench McElroy
What’s his agent’s cut and how much does he pay in taxes? All that salary means frick all of he only takes home 20% of it.
Posted on 1/31/21 at 9:55 am to TheeRealCarolina
His agent is his dad so it stays in the family.
Posted on 1/31/21 at 10:02 am to Bench McElroy
Imagine if he invested that in GameStop.
Posted on 1/31/21 at 10:04 am to TheeRealCarolina
Spain’s tax laws are pretty gay
It’s like a right of passage for elite players there to get tried for tax evasion
It’s like a right of passage for elite players there to get tried for tax evasion
Posted on 1/31/21 at 10:06 am to S
Especially non-Spaniards. They tax expats at an even higher rate than citizens.
Posted on 1/31/21 at 10:17 am to TheeRealCarolina
20% of $675mm is frick all - Myrtle Beach Insurance Salesman
Posted on 1/31/21 at 10:19 am to Bench McElroy
And the high school coach wants my son to switch to forward...
Posted on 1/31/21 at 10:27 am to Bench McElroy
The taxes in Spain are most likely insane. I doubt he takes home a lot of that.
Same for Renaldo in Italy.
Same for Renaldo in Italy.
Posted on 1/31/21 at 10:32 am to Magician2
Sounds like Barca is bankrupt. Maybe he’ll be city bound soon
Posted on 1/31/21 at 10:34 am to Maximus
That only leaves him with $540MM. I hope he’s approved by Spain’s version of EBT.
Posted on 1/31/21 at 10:42 am to ZZTIGERS
quote:
That only leaves him with $540MM. I hope he’s approved by Spain’s version of EBT.
He said "keep only 20%" which is ONLY $134.8m.
Though I'd be pissed if that was my take home from my gross.
Top marginals approach 50% in Europe so he probably loses at least a 1/3 to taxes.
This post was edited on 1/31/21 at 10:44 am
Posted on 1/31/21 at 10:54 am to Teddy Ruxpin
quote:
He said "keep only 20%" which is ONLY $134.8m
Oh, I misread, my bad. In that case, he needs a 2nd job too.
ETA: And 80% is fricking ridiculous. I can see why they’re all charged with tax evasion. I would be too.
This post was edited on 1/31/21 at 11:03 am
Posted on 1/31/21 at 10:58 am to ZZTIGERS
Shouldn’t have gotten his “loyalty” clause for being such a whiny bitch last offseason
Posted on 1/31/21 at 11:02 am to Bench McElroy
Pulling my kid from football and putting them in soccer immediately
Posted on 1/31/21 at 11:05 am to TheeRealCarolina
quote:
how much does he pay in taxes?
Well about that...
Posted on 1/31/21 at 11:07 am to Magician2
quote:
Same for Renaldo in Italy.
Taxes or no, Ronaldo is stupid rich for an Athlete. Probably the richest international player.
Posted on 1/31/21 at 11:31 am to TheeRealCarolina
quote:Troll so hard...
What’s his agent’s cut and how much does he pay in taxes? All that salary means frick all of he only takes home 20% of it.
Posted on 1/31/21 at 11:58 am to shel311
It makes sense. North America has 5 major sports that have the top leagues in the world, MLB, NFL, PGA, NHL, and NBA. Add in the MLS, X Games, and other sports and the North American sports entertainment dollar is very divided.
In Europe there is soccer and only soccer as the #1 sport. Everything else is the minor leagues. Soccer is also a global sport. Not surprised that the top soccer players in the world playing in the Euro leagues make 4-5x what our top athletes do. There is no splitting the pie over there.
In Europe there is soccer and only soccer as the #1 sport. Everything else is the minor leagues. Soccer is also a global sport. Not surprised that the top soccer players in the world playing in the Euro leagues make 4-5x what our top athletes do. There is no splitting the pie over there.
Posted on 1/31/21 at 12:01 pm to S
Actually Messi was supposed to be sentenced for tax evasion but they reduced it to a fine.
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