Over the weekend, the Spanish newspaper El Mundo shattered an Earth. There was no politics, business, COVID … about the explosion. It was about the game. Especially the contract of Lionel Messi. Revelation has left much of the world, even non-sports fans, flabbergasted. Gobsmacked. Stunned. We all know that Lionel Messi was a very well compensated athlete. Definitely one of the highest paid athletes in the world. But his actual contract numbers are simply staggering. They think they are from the future, or from another planet. If the numbers are correct – and they appear to be because Barcelona are now threatening to sue El Mundo – this is the largest contract ever in the history of professional sports.
Naughty-gritty details of superstar mega sports contracts are made public in the US when the ink barely dries. In Europe, superstar football contracts are often kept confidential.
Prior to the report of the El Mundo bombing, most outlets (including CelebrityNetworth) estimated that Lionel Messi’s base salary increased from $ 44 million to $ 80 million in 2017 after signing a new contract with FC Barcelona. This made him the highest-grossing footballer in the world, earning $ 70 million from Cristiano Ronaldo every year from Juventus. Technically Ronaldo’s base salary is only $ 36.4 million, but his contract is full of easy-to-hit milestones, bringing his earnings to the $ 70 – $ 80 million range.
Messi earns about $ 40 million per year from endorsement and other activities, so using the $ 80 million number we usually estimate he makes about $ 120 million per year. An extremely impressive amount. But, as it is outside, closed by A lot.
According to El Mundo, the total value of Lionel Messi’s 4-year contract is:
$ 674 million
Technically, since it is a European contract, the total value before converting to dollars was € 555,237,619.
They signed the agreement in 2017 and it runs until 30 June 2021.
The $ 140 million created at $ 674 million is classified as a “renewal fee” – the money paid to accept the contract and the $ 94 million “loyalty fee”.
El Mundo claims Messi has earned “511,290,052 ($ 621m), about 92 percent of the potential total contract.” He lost a portion of the money after COVID stopped him from hitting a handful of milestones.
One year compared to Lionel Messi, LeBron James ($ 40 million), Tom Brady ($ 25 million), Patrick Mahomes ($ 45 million) and Mike Trout ($ 35 million), using an annual $ 168 million contract amount. Earn more in base salary … COMBINED. Left with $ 20 million!
Patrick Mahomes was previously considered the owner of the largest contract in sports history. In July 2020, Patrick signed a 10-year agreement with the Kansas City chiefs, which would cost a minimum of $ 450 million, but could eventually cost $ 503 million. It works out to $ 40-45 million per year.
Mahomes’ contract signed a March 2019 contract Mike Trout with the Anaheim Angels, previously considered the biggest contract in history. Trout’s 12-year contract was worth $ 420 million. It works out to about $ 35 million per year. Literally a change of style for Messi, Lionel earned Mike Trout’s entire annual contract – which was considered not too long ago to be the biggest in the history of the game – at TWO AND A HALF MONTHS.
Lionel has earned about $ 300 a minute every single day for four years.
Another interesting revelation is that Barcelona is sitting on a loan of around $ 1.36 billion, about 74% of which is from the player’s salary.
El Mundo also reported that Messi is actively trying to get out of his contract, even though he has only six months left. I don’t really follow football, but a friend explained to me that Barcelona is a type of suck in recent years.
This contract revelation is one such explosion in which Barcelona is actually threatening to sue Al Mundo. In a statement, Barcelona said:
“In relation to a professional contract signed between FC Barcelona and player Lionel Messi in view of the information published today in the newspaper El Mundo, the club regretted its publication that it is a private document governed by the principle of confidentiality between the parties. . FC Barcelona expressly denies any responsibility for the publication of this document and will take appropriate legal action against the newspaper El Mundo for any damages resulting from this publication.
FC Barcelona expressed their full support for Lionel Messi, particularly to discredit his image, and to damage his relationship with the club where he worked to become the best player in the world and football history Have done“