What’s the story?
Cristiano Ronaldo and Lionel Messi are undoubtedly amongst the two most popular sportsmen at the moment, but what is surprising perhaps is the fact that Roger Federer earned more than the combined sponsorship deals of both Ronaldo and Messi!
Researchers at the London School of Marketing compiled the Sports Marketing Power List after taking into account sponsorship deals of global athletes during 2016. The list threw up some interesting names including those of popular Indian cricketers, Virat Kohli and MS Dhoni.
Speaking about Federer's number 1 position in the list, Jacques de Cock, faculty member at London School of Marketing said:
“Despite Roger Federer’s slow year in terms of success in his sport, his successful endorsement deals show that personal characteristics can also be an important part of long-lasting sponsorships.”
He also spoke about why only two women (Maria Sharapova and Serena Williams) made the list:
“Male athletes still dominate perhaps because they offer advantages to marketers that want to tap into the traditionally hard to reach male consumer market. Fans tend to buy sports clothing and equipment based on what the key sportsman wear, which explains why endorsements are such a major part of cricket, tennis and golf.”
In case you didn’t know...
While Roger Federer is undoubtedly one of the greatest sportsmen of our generation, it is slightly surprising that he heads the list as he missed a major chunk of last year’s action through injury.
One would have expected stars like Lionel Messi, Cristiano Ronaldo and even Novak Djokovic to have earned more than Federer, but brands seem to have an immense liking for the Swiss maestro and have remained loyal to the 17 time Grand Slam champion. Also, ace golfer Tiger Woods also features on this list at a very high position despite not winning a major competitive tournament since 2014.
The heart of the matter
Even though the stars of some of these athletes might be on the wane, they still remain extremely marketable to brands all over the world. Top endorsement brands like to go for trusted faces which is seen by the fact that a high number of athletes on this list are above 28 years old.
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