How Much Does Virat Kohli Earn Per Year
Virat Kohli, the renowned cricketer, has annual earnings surpassing INR 125 crore as reported in 2021. This income combines his salary from the Board of Control for Cricket in India (BCCI), income from the Indian Premier League (IPL), and substantial brand endorsements.
An Inside Glimpse into Virat Kohli’s Earnings
Before exploring ‘How Much Does Virat Kohli Earn Per Year’, it is essential to understand the composition of his income. Indian cricket team’s former captain, Virat Kohli, is not just a household name in the realm of cricket, but a global sports icon with tremendous influence and wealth. He has various income streams contributing to his impressive annual earnings.
The Cricket Earnings
Virat Kohli’s primary source of income is his participation in cricket tournaments. The Board of Control for Cricket in India (BCCI) categorizes cricketers into particular pay grades, and Kohli falls into the highest grade. In addition to his base salary, he receives match fees, depending upon his participation and performance in each game. This regular income forms a significant chunk of ‘How Much Does Virat Kohli Earn Per Year’.
Over the years, Kohli has received various performance bonuses and awards that have considerably augmented his earnings. For example, BCCI hands out cash prizes for players who deliver excellent performances during tournaments. A cricketer like Kohli, renowned for his run-scoring ability, often finds his name on these lists.
Virat’s involvement in the Indian Premier League (IPL), a mega cricket event, is another major contributor to his annual income. Participating as a player for the Royal Challengers Bangalore, Kohli is categorised among the top earners of the league, with a yearly salary that is a staggering figure.
Apart from domestic and international games, Kohli also earns from various cricket events worldwide, finding many lucrative opportunities through exhibition matches, charity games, and more. This international exposure further inflates his yearly earnings.
Endorsement Contracts
Virat Kohli’s net worth is not only accumulated through his involvement in cricket matches. A significant part of ‘How Much Does Virat Kohli Earn Per Year’ come through endorsement deals. Kohli’s international appeal and vast fan following make him a huge attraction for world-class brands. These companies pay him handsomely for endorsing their products, and this considerably boosts his annual earnings.
The list of brands endorsed by Kohli is long and impressive, including world-renowned names like Puma, Audi, Google, Pepsi and more. These companies involve him in their marketing campaigns, and he is paid a hefty fee for his services. This income from endorsements constitutes a significant part of his annual income.
Additionally, Kohli has also ventured into partnerships with various businesses, leveraging his celebrity status. He co-owns the ISL team, FC Goa, and the IPTL team, UAE Royals. These business involvements further supplement his income.
Moreover, Kohli earnings also derive from his own clothing line WROGN, which has been performing well in India’s bustling fashion market. Similarly, Kohli’s investments in the eSports platform, Mobile Premier League, adds another dimension to his earnings.
Social Media Earnings
With today’s digital age, social media platforms offer significant earning opportunities, and someone with a massive following like Virat Kohli indeed monetizes this aspect. Instagram, in particular, is a goldmine, with Virat being one of the most followed Indian celebrities. Each promotional post fetches him a significant amount, contributing impressively to ‘How Much Does Virat Kohli Earn Per Year’.
Moreover, Kohli has a vast fanbase on Twitter and Facebook as well. He uses these platforms for promotional activities, endorsing a variety of products to his millions of followers. All these social media activities supplement his primary cricket income and endorsement deals, adding more feathers to his financial cap.
According to several reports, Kohli earns a considerable amount per sponsored post on his social media accounts. This unprecedented earning opportunity is exclusively available to those with a significant social media following, and Kohli, being one of the most popular athletes, certainly sits among the top beneficiaries.
These are the primary sources of income that contribute to ‘How Much Does Virat Kohli Earn Per Year’. His earnings are a combination of his cricketing prowess, celebrity outreach, endorsement contracts, and social media influence. Despite stepping down from captaincy, he commands the same level of respect and market command, ensuring his earnings remain robust. With an ever-growing market and Kohli’s undeniable appeal, his yearly income continues to rise, setting new precedents in the world of cricket.
Financial Impact of Virat Kohli’s Retirement
While one might think that a player’s retirement leads to a substantial fall in earnings, the case might not always hold for superstars like Virat Kohli. His worldwide popularity, commercial appeal, and involvement in various business ventures can ensure a steady income well into his post-retirement years.
Endorsement contracts do not specifically require a player to be in active sports; instead, a player’s market appeal is often enough. For Virat, who is an established brand himself, his retirement may not significantly impact these contracts. Brands still consider him a valuable asset for reaching their target audience, ensuring his endorsement income remains steady.
Moreover, retired players of Kohli’s stature often find opportunities as sports analysts, commentators, or mentors. These roles offer lucrative deals, further adding to their income. Also, post-retirement memoirs, biographies, and documentaries are common trends that could contribute significantly to a superstar cricketer’s earnings.
Future Investments & Ventures
Kohli, with his business acumen, has diversified his income sources, ensuring a stable financial future beyond cricket. Investments in teams like FC Goa and UAE Royals validate his keen interest in other sports and a readiness to explore further business opportunities.
His clothing brand, WROGN, reflects his passion for fashion and his understanding of the Indian youth’s preferences. Coupled with his massive fan base, this venture promises substantial returns, contributing to his annual earnings.
Moreover, his investment in tech-based platforms like Mobile Premier League signifies his readiness to invest in growing industries, thus broadening his income sources. Not limiting himself to cricket or traditional avenues, Kohli seems to be building a business empire that would keep beefing up ‘How Much Does Virat Kohli Earn Per Year’, even after his retirement from cricket.
Considering all these diverse and substantial income avenues, it appears that Virat Kohli’s earnings are on a steady upward trajectory. While his cricketing future may seem uncertain after stepping down from captaincy, it is unlikely to significantly impact his overall income. It is clear that through consistent performances and strategic moves off the cricket field, Kohli has carved a niche for himself that extends far beyond the 22-yard pitch.
Annual Earnings of the Cricket Star, Virat Kohli
Virat Kohli, hindrance to none, is one of the wealthiest cricketers globally. His yearly earnings predominantly originate from his professional cricket salary, advertisements, and diverse business ventures.
Income Source | Annual Earnings |
Professional Cricket Salary | $2.5 million |
Advertisements | $20 million |
Business Ventures | $7 million |
From these numbers, it’s clear that Kohli’s earnings are copious, often surpassing $30 million. Remarkably, the bulk of his income comes not from his cricket salary, but his commercial endorsements and business enterprises.