Cristiano Ronaldo was already the highest-paid athlete of any sport and now he can add a new title: lifetime Nike athlete.
Earlier this week, Ronaldo signed a new “lifetime” contract with Nike. He is just the third athlete to sign a lifetime deal with Nike, joining LeBron James and Michael Jordan.
Ronaldo also signed a new deal with Real Madrid that will keep the Portuguese national with his club team for at least the next five seasons. That deal, along with some of the biggest endorsement deals in football, give him a ludicrous amount of cash to burn.
Find out how he earns his money and what he spends all that cash on below.
Tony Manfred and Melissa Stranger originally contributed to this story.
Ronaldo earned $88 million in the last 12 months, according to Forbes, making him the highest-paid sports star in the world.
Source: Forbes
More than one-third of that ($32 million) was from endorsement deals with companies like Tag Heuer and Nike.
He also has deals with companies like Herbalife, Castrol, Samsung, and KFC.
Source: Live Sports Review
He was raking in over $13 million per year from his Nike deal alone. He has been part of Nike's team since 2003.
Ronaldo's new deal with Nike will reportedly pay him $24 million per year for the rest of his life. At that rate, the deal will reach $1 billion in total value when Ronaldo is 73 years old.
SOURCE: Portugal's Diario de Noticias
Ronaldo also recently signed a new 5-year deal with his La Liga club, Real Madrid. That deal is reportedly worth $460,000 per week or about $24 million per year, and will keep him in Madrid until he is at least 36.
SOURCE: UK Daily Mail
If he ever leaves Madrid, the team that buys him will have to pay the club $1 BILLION in a buy-out.
Source: Business Insider
So what does he spend his money on? One of Ronaldo's biggest hobbies is cars. He drives a $300,000 Lamborghini Aventador, along with his Maserati (pictured).
Source: Deadspin
He also reportedly owns a Bentley, a Porsche, and a Mercedes, among others.
Source: Complex
He's not always careful with them, though. In 2009 he crashed a $320,000 Ferrari in Manchester, where he used to play.
Source: Daily Mail
He lives in a $7.1 million villa in La Finca — an exclusive community in Madrid built by architect Joaquin Torres.
It's really nice.
Really, ridiculously nice.
Speaking of property, in 2015 he reportedly dropped $18.5 million on an apartment in Manhattan's Trump Towers.
Source: Business Insider
He opened a gorgeous, football-themed hotel in his hometown of Madeira, Portugal.
He's also been spotted wearing a $160,000 Jacob and Co. watch — a perk of having an endorsement deal with the company.
Source: Daily Mail
Ronaldo even liked a wax statue of himself so much that he reportedly spent $31,000 to have one made that he could keep.
The original is at Madrid's Museum of Wax and Ronaldo reportedly provides a hair stylist who shows up once a month to the museum to make sure the hairstyle is current. Presumably he does the same with the statue at his home.
Ronaldo's fame and wealth has made his love life a constant source of media scrutiny. He dated Irina Shayk ...
Source: ESPN
... a gorgeous Russian swimsuit model and actress.
Source: ESPN
But after five years together, the couple split up in January 2015.
Source: ESPN
Ronaldo is also a fashion aficionado.
In fact he's just as comfortable in expensive suits as he is in a football kit.
Ronaldo is also a fan of cryotherapy where the body is subjected to temperatures as low as minus 264 degrees Fahrenheit to help muscles recover and to heighten his alertness.
READ MORE: We tried cryotherapy - the super-cold treatment the FDA doesn't recommend
He has modeled for Armani, and has an underwear line coming out with designer Richard Chai.
Source: The Huffington Post
Not all of his endorsements have been cool and sexy. There was this bizarre commercial for an Israeli telecom firm.
And he was reportedly paid $22 million to not appear in a film being made by Martin Scorsese.
READ MORE: Cristiano Ronaldo is reportedly being paid $22 million to not appear in Martin Scorsese's new movie
But his pretty-boy image hasn't always been appreciated by opposing fans.
He's not bothered, telling The Guardian "I think that because I am rich, handsome and a great player people are envious of me. I don't have any other explanation."
Source: The Guardian
But he's displayed human moments, like the time he cried after winning the FIFA Ballon d'Or in 2015.
Source: Business Insider
There's also his charity work, including a donation of $165,000 to a Portuguese cancer centre and $83,000 to fund a 10-year-old fan's brain surgery.
Source: Daily Mail
Keep up the good work, Cristiano.
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