Japanese tennis star Naomi Osaka has become the world’s highest-paid female athlete, making US$37.4 million (S$50 million) in the past 12 months for an earnings record, Forbes magazine reported on Friday. The 22-year-old Asian star, a two-time Grand Slam champion, edged US rival Serena Williams by US$1.4 million in prize money and endorsement income over the past year. Both shattered the old single-year earnings mark of US$29.7 million set in 2015 by Russia’s Maria Sharapova, who retired in February with five Grand Slam titles, including a career Slam. “To those outside the tennis world, Osaka is a relatively fresh face with a great back story,” University of Southern California sports business professor David Carter told Forbes. “Combine that with being youthful and bicultural – two attri...
Michael Collins Ajereh, the founder of Mavins record, popularly known as Don Jazzy, has disclosed that he never had any financial issues with former partner and member of Mo’Hits records, D’Banj. He stated this in a live programme with Ubi Franklin, stressing that he enjoyed an unusual relationship with D’Banj while they were together. He said: “The way I am with people in my company like myself and D’banj, money issues didn’t occur. I and D’Banj were so in sync that D’Banj can go to Oba of Lagos and return with N10 million and we would still share that money. “It doesn’t have anything to do with performance o,” he shared while stating the need for record label executives to have a good relationship with their artistes. “If you are not in a good relationship with the artiste that is when h...