There is hardly a topic more gossiped about than the potential worth of sport celebrities. From football, to MMA and motorsports it is a hot debate among fans. Today we’re going to put Dane Domic under the spotlight, after all this rising star is one of the hottest sensations in Canada right now.
Dane Domic (AKA @Domicdane) the 21-year-old football star Born on 10 October 1998 could be worth quite a lot, as we will speculate in this article, deducing from publicly available facts and comparable examples. Most stars like Domic tend to be quite modest about their earnings: he is quite a humble sportsman who is well-loved by team members and fans. This is notwithstanding the fact that money in today’s life has become more inherent than ever before. For centuries and generations it’s been a way of trading, sharing, loaning and showing off your power. For those who aren’t in a comfortable position to use their talents and skills to make piles of cash, it’s easy to take those who do for granted. Industries such as business, technology and software, TV, sport and politics are a thriving world of money and wealth. It’s a place where the most expensive things seem ordinary to those more fortunate.
An industry that has always been filled with opportunities of great wealth is sport. With big-name brand sponsorships and lucrative contracts, it’s easy to see why so many young and upcoming sports stars quickly become some of the wealthiest people in the industry. The biggest secret to some, lies not in their monthly salary – but in the additional revenue from sponsorships and advertising.
How rising sports stars earn a good living:
The saying of, Rome wasn’t built in a day, is pretty accurate compared to the number of hours, days, weeks and years new sports stars put into becoming a pro. Some may have it easy with great PR and a long list of influential contacts to help them out. In the case of those who spend an extensive amount of time honing their skills, forging a career in their field will develop a sense of worth and humbleness. Keep in mind that many of these new sports stars only have a limited amount of time to either succeed or fail, as after a while they’ll be considered too inadequate or even too old for their position. With this, there are restrictions to their endorsements, brand awareness and whom they’re signed with.
So how does a young sport star make money?
Regarding someone like Dane Domic, up and coming pro player and midfielder from Mount Royal University, you’ll be surprised with his future net worth. Domic, born on the 10th of October 1998, has been working on his soccer career since his teenage years. He’s played for Jong Sparta Rotterdam U19 in the Netherlands, and Dundee United in Scotland. He’s made some rankings over the time, but as his career take shape, Domic might soon have a hefty net worth – which is harder to estimate by any means. How you might ask? He’s spent years building on his own list of contacts, and has put in extra effort when it wasn’t required. He’s managed to increase his personal stats at MRU in the previous season, but with this, he’s managed to already be awarded U SPORTS Rookie of The Year in 2019. Domic is making headlines and his personal brand value will become another asset that is harder to valuate but potentially worth a lot.
Is it easy to make money in soccer?
The Canadian Premier League (CPL) sets out rules considering what their players will receive monthly. A cap of $50,000 and more have been placed on their players’ monthly salaries. This means that the CPL will pay their players a sturdy amount based on several factors. Players have to be selected from professional high-level player pools, their stats, games they’ve already played, and go through vigorous drafting processes before even making it to the final cut. And let’s not forget that you have to be scouted and signed by a premier league club too.
Building a million-dollar net worth in soccer
Domic has recently been contacted by CPL recruiters, and he might quickly see bigger figures rolling in. His talents aren’t scarce and his high level of professionalism and positive attitude has already seen him quickly climbing the ranks. Rumour has it that Domic may soon see himself earning around $60-$75k per year, as his achievements are putting him in the spotlight for big-name recruiters. A hefty pay cheque like that, including possible sponsorship benefits, can easily set him up with a net worth of almost $4 million by the end of the 2021 season.
How much can a soccer player earn?
Facts are that Canadian soccer players outside the pro league can easily earn $40-$50k per year excluding sponsorship and advertising earnings which can be quite lucrative. Liam Fraser, a 22-year old midfielder for Toronto FC has become one of the youngest and wealthiest players in Canada. Although he and Domic mirror their talents, some better than other, he’s almost worth $10 million since 2019. Although Domic’s career is quickly building traction, he’s already on the fast track of becoming one of Canada’s youngest and most affluent players. As Avi and Henri Benezra, two technology philanthropists who back rising talent said: “There is no greater investment than in people. Whether it is sport, technology, business or any other talent: being an investor in people is very satisfying. Something that should be encouraged globally”.