It’s no secret that athletes are among the highest earning professionals today. However, with the high salaries and big money endorsement deals, comes high taxes, something some athletes find very frustrating. To them, it feels like they are giving their respective governments too much of their hard earned cash. Some have been tempted to hide some of their income from their respective governments. Over the years, there have been a number of high profile cases where famous professional athletes have been charged and even convicted for various tax offences. Let’s take a look at 8 cases that made the headlines. #8 Basketball star Anthony Mason Basketball star Anthony Mason was charged in 2012 with failing to pay up to $1.8 million in taxes to the IRA. The NBA world was shocked by thi
Football is undoubtedly the most popular game in the world. This popularity has resulted in a huge competition for world dominance of the sport by various football clubs with their owners showing their willingness to break the bank in order to sign the best players. We take a look at the 10 most expensive transfers in football so far. #10Luis Suarez with a transfer fee of €82 million Spanish giants Barcelona coughed out a cool €82 million to sign Uruguayan striker Luis Suarez from English giants Liverpool FC. This deal paid off as Suarez has since been a goal scoring machine for Barcelona, lifting the European Golden Shoe in the 2015-16 season. #9 Virgil van Dijk with a transfer fee of €84.5 million In an effort to bolster their squad, English giants Liverpool FC spent €84.5 million
In our previous post, we looked into the list of the top 5 best paid athletes in the world for the year 2017. This time round, we seek to analyze the top 10 list of the highest paying sports teams in the world. This data is courtesy of a global sports salary survey that was published by Sporting Intelligence that compares player’s salaries from the first team, across 348 teams from 18 different sports leagues from around the world. #10 The New Orleans Pelicans at $7.88 million At number 10 on our list is National Basketball Association team, New Orleans Pelicans that had an average annual pay per player of $7.88 million in 2017, with the highest paid player earning $24.9 million. #9 Real Madrid at $8.09 million At number 9 on our list is Spanish football giants, Real Madrid that had an
It’s no secret that sports payswell especially if you are one of the best players in the world. The numbers actually don’t lie as we’ll see in the list below highlighting the top 5 best paid athletes in the world and the millions of dollars they raked in in 2017 from both salaries and endorsements from big brands. #1 Cristiano Ronaldo at $93 million At the top of the list of best paid athletes is 33-year-old Cristiano Ronaldo for the second year in a row. 2017 was a good year for the Real Madrid striker as he was named by FIFA as the best player in the world for the fourth time in his career. He also led his club to their second successive Champions league trophy as well as the Spanish La Liga title, and also signed a number of endorsement deals with various sponsorship brands. All these
The past couple of months have seen a huge financial investment by football clubs in China to recruit star players from English, European as well as south American football leagues. In less than a year, Chinese clubs have splashed out over $400 million on the purchase of players.The football world is curious as to why China would all of a sudden inject this much investment in their football industry. This article seeks to explore some of the reasons why China is angling to become a football powerhouse. Football is part of the Chinese government’s growth agenda China successfully organized the 2008 Olympics which were held in Beijing and this helped put this nation on the global sporting radar as the Olympics is one of the highest ranking sporting events in the world. This was a huge a
Football is a beautiful game, and among the major sporting events that have helped unite different people from all over the world. This being one of the only games to be played in all the continents of the world, means that the sport transcends racial, social, economic as well as spiritual backgrounds. This is what is expected in an ideal world. However, this beautiful game of football has not been spared from the ugliness of racism. We take a look at 3 of the top racism incidents that have shaken the football world. 1 Ivorian defender Marco Andre Zorro abused by Inter Millan fans On 27th November 2005, while playing for Italian Club Messina against fellow Italian team Inter Millan, Ivorian defender Marco Andre Zorro brought worldwide attention to the issue of racism in football w...