Wednesday, May 15, 2013

Joey Votto is one of the 50 highest-paid athletes in sports

It goes without question that Reds first basemen Joey Votto is one of the elite players in Major League Baseball. The Canadian native has already racked up a National League Most Valuable Player Award (2010), a Gold Glove Award (2011), and three straight trips to the All-Star Game (2010-2012). Furthermore, he is led the league in on-base percentage every year since 2010 and continues to be regarded as one of the most feared hitters in the modern game.

Naturally, Votto is also one of the highest paid players in MLB too. On April 2, 2012, the Reds and Votto shocked the baseball world when the two sides agreed on a historic contract extension worth $225 million over 10 years. The deal made Votto the richest player in franchise history and guaranteed that he would be averaging $22.5 million per year through the end of 2024.

As much money as that seems, how does Votto's salary compare to other athletes in other sports? Sports Illustrated got to the bottom of this question and compiled a list of the top 50 highest-earning athletes in American sports. SI published this list on Wednesday, and wouldn't you know it, Votto came in at No. 45.

According to SI, Votto is earning $19 million in salary this year, in addition to $250,000 in endorsements. Thus, giving him a grand total of $19.25 million for 2013.

The 29-year-old projects to be a mainstay in these rankings in the time to come. In 2016, Votto's salary is set to be at $20 million. In 2017, it increases to $22 million, before holding steady at $25 million from 2018 to 2023.

A quick note about the rankings. The findings consist solely of salary, winnings, bonuses and endorsements. SI consulted players’ associations, tour records, online databases, agents and media reports. The endorsement estimates come from a stable of marketing executives, agents and other experts, including Burns Entertainment & Sports Marketing.

Boxer Floyd Mayweather claimed the top spot on the list, while NBA star LeBron James, and NFL quarterback Drew Brees rounded out the top three.

You can view the list in full here.

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