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 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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News Network
September 17,2024

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New Delhi: The Supreme Court on Tuesday halted unauthorised bulldozer action against private property, anywhere in the country, till October 1, dismissing concerns by the government that demolitions sanctioned after following due process could be impacted. 

The "heavens won't fall if we ask you to hold your hands till the next hearing", a bench of Justice BR Gavai and KV Viswanathan declared.

An irate top court - which has already come down hard, twice this month, on 'bulldozer justice' meted out by various state governments - also warned the government against "grandstanding" and "glorification" of this practice. "No demolition, till next, date, without permission of this court," the government was told, and warned the Election Commission may also be put on notice.

The court's reference to the poll panel is significant given elections are due in Jammu and Kashmir (the first Assembly election in a decade) and Haryana, where the Bharatiya Janata Party is looking to return to power. Elections are also due this year in BJP-ruled Maharashtra and Jharkhand.

The court, however, also clarified its order is not applicable to removal of encroachments in public spaces such as roads, railway tracks, water bodies, etc.

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News Network
September 13,2024

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NRI professionals hailing from the coastal and Malnad regions of Karnataka, now based in Singapore, Indonesia, Malaysia, Hong Kong, and Australia, have been urging the Indian government and airlines to introduce a direct flight between Mangalore International Airport (MIA) and Singapore’s Changi Airport.

These professionals argue that Singapore’s strategic location as a hub connecting India with East Asia makes this flight essential. They highlight that this route would serve over 12 million people from the coastal and hill regions of southern India, fostering stronger ties with East Asian economies.

The group, consisting of individuals from Dakshina Kannada, Uttara Kannada, Udupi, Chikkamagaluru, Kodagu, Shivamogga, and Hassan, is spearheaded by Rajesh H Acharya, director of HQ Connections Pte Ltd, Singapore, and coordinator of the Singapore Tuluver community. Acharya emphasized the significance of the Indian government’s Act East policy, which aims to strengthen relationships between India and ASEAN, East Asia, and the Asia-Pacific region.

“This flight will open new doors for cultural, trade, tourism, and technological exchanges between these regions,” Acharya said.

The Mangalore Chapter of IndUS Entrepreneurs (TiE) has also proposed positioning the region as the 'Silicon Beach of India.' A direct flight would provide greater opportunities for entrepreneurs and investors from both Singapore and Mangaluru, boosting business exchanges.

Moreover, Singapore’s Changi Airport could see increased tourism from the Karnataka coast, while Coastal Karnataka would benefit from a surge in visitors from ASEAN countries, the Far East, Australia, New Zealand, and the US West Coast.

While a similar attempt in 2017 did not succeed, Acharya and his team are hopeful that this time their appeal will be taken seriously, tapping into the immense growth potential of the eastern half of the globe.

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