Forbes: Virat Kohli among world's highest-paid athletes

Agencies
June 6, 2018

New York, Jun 6: India cricket captain Virat Kohli is among the world's highest-paid athletes, according to a Forbes' compilation topped by American boxing champion Floyd Mayweather.

Kohli, the only sportsperson from India to be featured in the list, is ranked 83rd with earnings of USD 24 million.

Surprisingly, the 'World's Highest-Paid Athletes 2018' compilation is an all-male affair with no women being featured in the list.

Kohli, 29, is not just cricket-crazy India's biggest name but is also one of the most popular athletes in the world, "boasting more Twitter followers (25 million-plus) than all but three active sports stars", Forbes said.

The 'World's Highest-Paid Athletes 2018' list is topped by 41-year-old Mayweather, with USD 285 million earnings.

This year the Indian national cricket board 'The Board of Control for Cricket in India' named Kohli as one of just five players to receive the newly-created A+ contracts, which guarantee an annual retainer of more than USD 1 million, it said.

"Yet like the Indian cricket mega-stars who have come before him, Kohli's big payday comes off the pitch" where he's partnered with top brands such as Puma, Pepsi, Audi, and Oakley, Forbes said.

There are no women on the list.

Forbes said tennis' female sportspersons Li Na, Maria Sharapova and Serena Williams were list regulars but Li retired in 2014 and Sharapova is still dealing with the aftermath of a 15-month suspension for using a banned substance.

Williams was the only woman to feature in the top 100 last year, but her prize money dropped from USD 8 million to USD 62,000 this year after she gave birth to her daughter, Alexis, in September.

This year 40 NBA players made the cut in Forbes' annual look at the world's 100 highest-paid athletes, breaking the record of 32 set last year by hoopsters.

Mayweather heads the world's highest-paid athletes for the fourth time in seven years, thanks to a USD 275 million payday for his August boxing match against UFC star Conor McGregor.

NBA's top earner LeBron James banked USD 85.5 million, including endorsements, over the last 12 months to rank sixth among the highest-paid athletes.

Argentine professional footballer Lionel Messi is ranked second in the list, followed by soccer star Cristiano Ronaldo.

Messi's annual salary and bonus exceeded USD 80 million, making him the highest-paid player on the pitch this year. He ranks second overall with USD 111 million, including USD 27 million through endorsement deals with Adidas, Gatorade, Pepsi, and Huawei. Ronaldo's USD 108 million haul over the past 12 months trails only Mayweather and Messi.

Brazilian soccer player Neymar is the third soccer star in the top five. He jumps 13 spots to fifth with an income of USD 90 million, including USD 19 million from endorsement partners.

Others on the list are American basketball player LeBron James (6), Tennis star Roger Federer (7), golfer Tiger Woods (16), tennis player Rafael Nadal (20) and golfer Rory McIlroy (26).

Forbes said it was harder than ever to qualify for the 100 highest-paid athletes, with the cutoff up USD 1.5 million to USD 22.9 million. The top 100 earned USD 3.8 billion, a 23 per cent jump over last year.

Salaries and prize money are up significantly, but endorsement earnings fell for the second straight year to USD 877 million as companies watch their sports marketing budgets.

The top 100 has an international flavor with athletes from 22 countries, but Americans dominate the action with 66 making the cut thanks to sky-high salaries in baseball, basketball and football. Those three sports had a combined 72 entries, Forbes added.

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News Network
September 16,2024

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In a heart-breaking incident, 19-year-old Shaun D'Souza, a native of Vittalwadi in Udupi's Kundapur taluk, tragically lost his life in the UAE due to heat stroke.

Shaun, the beloved son of Elias Cyril D'Souza and Pramila D'Souza, originally from Hosabettu, Moodbidri, had been pursuing his college education in the UAE.

He was admitted to a hospital in Ras Al Khaimah, approximately 115 km from Dubai, after collapsing from heatstroke. Despite receiving immediate medical attention, Shaun breathed his last on Sunday, September 15. 

He is deeply mourned by his parents and two siblings. The family, who had been residing near St. Mary's Church in the UAE, are grappling with the profound loss. Shaun’s father, Elias, works as a manager for a private company, while his mother, Pramila, is an accountant.

The local community has come together to offer their support and condolences in this time of sorrow.

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News Network
September 20,2024

Starting in the 2025-26 academic year, private universities in Karnataka offering professional courses will no longer conduct separate entrance exams. This decision follows a directive from the state’s Higher Education Department, prompting private universities to form an association and agree to this significant change.

In a recent meeting with Higher Education Minister Dr. M. C. Sudhakar, representatives from 17 private universities confirmed their decision to discontinue individual entrance tests. Of the 27 private universities in the state, 17 offer professional courses, and they have collectively agreed to accept scores from existing national or state-level entrance exams.

“Some universities will consider JEE scores, others will rely on KCET, and a few are inclined towards COMEDK,” Dr. Sudhakar stated, leaving the choice of examination to the universities themselves. However, the department has also suggested that the universities consider a unified entrance test for admissions.

Looking ahead, Dr. Sudhakar hinted that the government may introduce a common entrance test for general degree courses at private universities as well. "As government colleges and universities currently don’t require entrance exams for general degree courses, we haven’t made any decisions on this yet," he explained.

The meeting also addressed concerns over the high fees charged by private universities. To regulate this, the universities were instructed to establish fee fixation committees, headed by retired judges, as required by law. These committees will be responsible for determining tuition fees. Additionally, the government will continue to regulate fees for 40% of seats in professional courses that are filled through KCET.

In an effort to bring greater uniformity among private institutions, the government is considering enacting a common law for all private universities, which would replace the individual acts currently governing each university. This would place all private universities under a single regulatory framework.

This move is expected to streamline the admissions process and create a more standardized system for both professional and general degree programs across Karnataka's private universities.

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News Network
September 24,2024

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The Karnataka High Court on Tuesday dismissed the petition filed by Chief Minister Siddaramaiah against Governor Thawarchand Gehlot's decision to sanction the complaint and investigation against him in the alleged Mysore Urban Development Authority (MUDA) scam case.

Justice M Nagaprasanna said the facts narrated in the petition would undoubtedly require an investigation.

The court has also said that the Governor's order approving sanction to investigate against Siddaramaiah under section 17A of the Prevention of Corruption Act does not suffer from application of mind, instead has abundance of application of mind.

Meanwhile, the court rejected the request made by senior advocate Abhishek Singhvi to stay the order of the court. The court has vacated the interim order passed on August 19. In the interim order the trial court was directed not to take any precipitative action against Siddaramaiah. On August 17, Governor had approved sanction under section 17 A  of the Prevention of Corruption Act and Section 218 of Bharatiya Nagarik Suraksha Sanhita ( BNSS), citing three applications.

The court said the private complainants were justified in registering the complaint and seeking approval from the governor.

Insofar as private complainants seeking sanction under section 17A, the court said the provision nowhere requires only a police officer to seek sanction from a competent authority. The court further said it is in fact the duty of the private complainants to seek such approval.

Earlier, The High Court had completed its hearing in the case on September 12, and reserved its orders. It had also directed a special court in Bengaluru to defer further proceedings and not to take any precipitative action against the Chief Minister.

The case pertains to allegations that compensatory sites were allotted to Siddaramaiah's wife B M Parvathi in an upmarket area in Mysuru that had higher property value as compared to the location of her land that had been "acquired" by MUDA.

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