The sporting world has been in flux since the COVID-19 pandemic arrived early in 2020. The English Premier League, the fifth most valuable in the world, ambled to the completion of its 2019/20 season and launched directly into the next after a brief pause for the UEFA European Championships. In the U.S., the Super Bowl suffered its lowest ratings since 2007. Despite the problems facing the sporting sector, the highest-paid athletes continue to command huge multi-million dollar salaries.
Patrick Mahomes $450-million
When Patrick Mahomes signed his ten-year contract with the Kansas City Chiefs both he and his agent celebrated. Not only does he get paid $450 million, the decade-long contract includes a $140 million injury break clause and does not allow Mahomes to be traded from his only NFL team.
Mike Trout $430 million
Before Patrick Mahomes signed his multi-year contract, Mike Trout held the record as the highest-paid athlete on the planet. The Los Angeles Angels agreed to pay the Major League Baseball star $430 million over 12 years. Trout is paid around $36 million per year by the Major League Baseball club.
Canelo Alvarez $365 million
Boxer, Canelo Alvarez has signed one of the most lucrative contracts in sports. The Mexican boxer and promoter, Eddie Hearn signed a lucrative contract with the DAZN streaming service. The deal with DAZN gives Canelo $365million over five years, with bonuses for adding more subscribers to the service.
Bryce Harper $330 million
In 2019, Bryce Harper started a bidding war in Major League Baseball when he departed the Washington Nationals. Harper moved to the Philadelphia Phillies in a 13-year, $330 million deal. Remarkably, the Phillies tied themselves to Harper for the full 13-years by adding a no-trade clause. The $20 million signing bonus received by Harper added to the record-breaking nature of the contract.
Giancarlo Stanton $320 million
After the end of their golden era at the start of the 21st-century, the New York Yankees have been developing an impressive roster of players. Former Miami Marlins star, Giancarlo Stanton signed for the Bronx Bombers as a free agent, with a $320 million deal. Stanton’s agent managed to insert a clause allowing him to walk away from New York anytime after the 2020 season as a free agent.