Naomi Osaka Tops Serena Williams As the Highest-Paid Female Athlete

Naomi Osaka had the biggest win of her career when she beat Serena Williams in the 2018 U.S. Open. At 22, she now has topped her legendary rival in earnings. From prize money and endorsements, Osaka earned $1.4 million more than Williams — making her the highest-paid female athlete in history.

Osaka earned $37.4 million between June 2019 and May 2020. She reportedly has 15 different endorsement deals, including with Nissan Motor Co., Shiseido and Yonex. Almost all of the endorsements make her a seven-figure amount each year, and she also received over $10 million for her contract with Nike.

Naomi Osaka now is the highest-paid female athlete. (Photo: @naomiosaka/Instagram)

Forbes reports that Williams, making between $18 to 29 million annually, was the top earner among professional female athletes for the past four years before being knocked off by Osaka. Williams comes in at number 33 on the list of 100 highest-paid athletes while Osaka is at 29.

Osaka was born in Japan to a Japanese mother and Haitian-American father. Her family moved to the United States when she was three, first heading to Long Island, New York, before relocating to Florida.

She held a dual citizenship in the U.S. and Japan while growing up, but decided to represent Japan in the next Olympics, which has been rescheduled for 2021 because of COVID-19. It’s been said that Osaka’s overall story and racial background has allowed her to appeal to a wide range of consumers and be an ideal spokesperson.

“To those outside the tennis world, Osaka is a relatively fresh face with a great back story,” said David Carter, sports business professor at USC’s Marshall School of Business. Carter spoke to Forbes, adding “combine that with being youthful and bicultural, two attributes that help her resonate with younger, global audiences, and the result is the emergence of a global sports marketing icon.”

Osaka is the 10th ranked tennis player in the world.

Still independent.

We hope this story was worth your time. For over 14 years, Atlanta Black Star has stayed Black-owned and independently run. We didn't get here by waiting on ad budgets that were never built to prioritize us. Our readers did that.

Corporate support for Black media has always been thin. Outlets like ours get roughly 1% of the $170 billion spent on U.S. advertising each year, and that margin is shrinking further as advertisers walk back the DEI-linked commitments they made in 2020. That's the backdrop. It's not why we're asking.

The wider picture isn't any steadier. Newspaper ad revenue has fallen more than 80% since 2005, and local newsrooms are closing at a rate of roughly two a week nationwide. When outlets go under, it's rarely the ones built to center a Black perspective from the ground up that get to stick around.

We know a request for support isn't why you came here. But without readers choosing to fund this work directly, the depth of reporting we can do at home and abroad shrinks along with everyone else's. If you're not in a position to give, that doesn't change how much we value you as a reader.

If you are able to, a recurring contribution does more for us than a single one-time gift, because it lets us plan the next investigation instead of just the next invoice. It takes about 30 seconds, no long form, no account. Thank you for continuing to support independent journalism and freedom of the press.

Back to top