Roger Federer to Sign New Lucrative 10-year Contract With Nike

January 30, 2008 | By Nina In Men's Tennis, Roger Federer, Tennis, Tennis and Business |

Roger Federer Nike Deal

Sports Business Journal is reporting that Nike is about to sign Roger Federer to a 10-year extension of its contract that “could be worth as much as $13 million a year.”

Rene Stauffer, the author of the book The Roger Federer Story, Quest for Perfection (click to purchase) also reports in Swiss Tages-Anzeiger newspaper that Federer’s potential deal would be more than what Nike paid Andre Agassi.

According to SBJ “sources close to the deal differed on whether that money was fully guaranteed or in part depended on how well tennis’ top male player performs on the court. If the contract indeed reaches that amount ($13 million a year), the deal would make Federer one of the top-paid endorsers at Nike in any sport.”

Just for comparison, basketball’s LeBron James has a seven-year, $90 million deal and is one of Nike’s top athlete contracts. Golfer superstar Tiger Woods’s contract is believed to be worth around $40 million annually. Maria Sharapova’s deal with Nike, according to SBJ, guarantees her around $6 million annually (though the Sports Illustrated believed it was $5 million). Agassi’s deal with Nike in 1995 was believed to be more than $100 million that included royalties on sales, according to SBJ.

The paper also says that Federer costs $1 million an exhibition in the off season in Asia. (Another figure that I was curious to find out.) Nike also sponsors Serena Williams, Rafael Nadal, and James Blake. To read more about Roger Federe’s endorsements and marketability, check out our article Sharapova, Federer Among World’s Top-Earning Athletes.

(Via Down the Line)

Related Posts:

  1. Maria Sharapova signs $70 million Nike deal
  2. Roger Federer becomes the richest in career cash
  3. Roger Federer - A GQ Man of the Year
  4. Federer and Sharapova Among Top-Earning Athletes of the Beijing Olympics
  5. Golden Girl No. 2 Ana Ivanovic Signs Major Contract With Yonex

5 Comments so far

  1. Amanda Ázar on September 18th, 2008

    Federer do the nike, he is the nike!!!
    =D

  2. Roger Federer becomes the richest in career cash » Tennisinfoblog on October 18th, 2008

    […] with a second-round win at the Madrid Masters tournament this week . Read more about Roger’s endorsements here and […]

  3. Tennis Ball Machines » Roger Federer becomes the richest in career cash on October 20th, 2008

    […] with a second-round win at the Madrid Masters tournament this week . Read more about Roger’s endorsements here and […]

  4. kelodjoue on April 2nd, 2009

    gooq morning i love you tu est un ange ta femme a vraiment de la chance

  5. karla on April 2nd, 2009

    eres el mejor tenista del mundo me encantas!!!!

Leave a reply