Formula 1 driver signs $155 million contract that will make him one of the highest-paid athletes alive
Getty Images
Hamilton's deal is for three years and worth "around £100 million" ($155 million), according to Paul Weaver of The Guardian.
With an average annual value in the neighborhood of $52 million per year, Hamilton will be trailing only Barcelona player Lionel Messi ($56.3 million) as the highest-paid seasonal-sport athlete and trails boxers Floyd Mayweather and Manny Pacquiao among all athletes, according to ESPN.com.
The latter two made about $209 million and $142 million respectively for their recent fight in Las Vegas.
Hamilton, who is making $31 million per year on his current deal, jumps ahead of rival Sebastian Vettel ($50 million) as the highest-paid driver in the world.
Hamilton is a two-time F1 champion, having previously won the title in 2008 while driving for McLaren. He joined Mercedes in 2013.
Max Rossi/Reuters
NOW WATCH: Why Floyd Mayweather is impossible to beat
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market