Jon Rahm is about to quadruple his web price by reportedly signing an eye-watering LIV Golf contract.
The Spaniard grew to become the newest star to defect to the insurgent Saudi Arabian golf venture final month. In an announcement of intent from the Saudi Public Investment Fund-backed circuit, Rahm was provided unbelievable riches to turn out to be LIV’s greatest star.
According to The Sun, the 29-year-old will earn a gargantuan $600million (£480m). A whopping £240m of that might be paid up-front.
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That determine is bigger than the whole PGA tour prize fund for 2023, which stood at a mere $460m. And alongside his base wage, the Masters champion might financial institution an additional $4m for every event victory and $40m-a-year in sponsorship offers and public appearances.
The World No3’s unbelievable new wealth will improve his already spectacular riches nearly five-fold. According to Golf Monthly, Rahm’s present web price stands at round $100m as of January 2024.
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But Rahm’s mind-bending wage shouldn’t be the one attractive ingredient of the deal. In an effort to safe the two-time main winner, Saudi additionally provided him a share of one of many groups who play in LIV Golf.
And in an analogous supply to the one made and rejected by Liverpool’s Mohamed Salah, he might be allowed to make use of a Saudi Royal personal jet. Alongside that might be a workforce of as much as 10 individuals working for him and his household across the clock, together with a private assistant and cooks.
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Despite the entire bonuses, The Sun claims he wanted loads of time to mull issues over together with his household. But after assessing the professionals and cons, he was merely left with no different selection however to simply accept because of the “huge numbers”.
One supply mentioned: “Everyone would be thinking about signing this kind of contract when you see this kind of huge, huge numbers. It’s around $500-600millions total, with something around $300million in the first payment, upfront, which is massive for an athlete.”