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For each of the six races on the circuit, Kenenisa
was also paid an additional 16,000 dollars per race
taking his prize money winnings to 96,000 dollars
for the entire series. He will reportedly get money
for public appearances ranging from 50,000 to 80,000
euros (911,500 to 1,458,400 Birr) for each of the
six meetings, various time bonuses from organizers,
and additional contractual awards from kit sponsors
Nike. His world championship 5,000m/10,000m will see
him pocket a further 120,000 dollars of prize money.
But his take home pay will be significantly reduced
due to high taxes in Europe and a 15pc commission of
his winnings to his agent.
“I plan to invest the money on the projects I have
started,” he told Fortune. “I am building a
hotel and a modern athletics centre. These two
projects need a total investment of about 15 million
dollars. These prizes will go towards that.”
Kenenisa is building a
hotel on Cameroon Street (Tele-Bole), in front of
Bole Medhanialem Church.
Nevertheless, he feels he still needs to knock on
the doors of the banks for more credit unless he
runs 10 or 15 years more to get that kind of money.
Many banks would be very happy to do business with
the distance running superstar given his success
rate and prestige.
“Provided that the projects are feasible, we will be
pleased to consider his applications for the loans
he wants,” said Brehanu Getaneh, president of United
Bank, who missed the race on Friday night driving on
the highway from Adama(Nazareth) but thrilled with
the athlete’s accomplishments, told Fortune.
Brehanu would also like
to see the competence and quality of his management
team, besides the developer’s contribution in the
projects.
But his earnings from athletics are a far cry to
what superstars earn in other sports.
Forbes magazine
listed the top 10 of the highest earning sportsmen
and women, in 2008; the American golfer Tiger
Woods’ earnings topped 115 million dollars, which is
roughly around 55 times more than what Kenenisa
could expect to earn in 2009. It would also be
around one fourth of this year’s Addis Abeba city
budget.
“Of course, we cannot compare running track and
other sports,” Kenenisa said. “But I can not say our
sport is growing because it is still not helping us
win the kind of money other sports do. The
athletics, however, is getting more attention
because of the success of [Jamaican sprinter] Usain
Bolt. That really helps put more attention on the
sport.”
Even in his own sport and although he has dominated
his events for seven years, Kenenisa has yet to live
up to the earning potential of 100m and 200m world
record holder, Bolt. The 23-year old Jamaican
reportedly earned around 250,000 dollars in
appearance fees per race this year and is expected
to break earning records later this year when he
lines up at an athletics meeting in Daegu, South
Korea, for a reported signing fee of half a million
dollars.
“I admire Usain,” says a modest Bekele. “He is a
great athlete. He is someone created once every 20
years. He breaks records very easily and he has
really livened up our sport.”
Bolt expects to be the first 10 million
dollar-a-year earning athlete in athletics in the
coming few years. He has already signed lucrative
sponsorship deals with kit manufacturer Puma,
telecommunications company, Digicel, and energy
drink Gatorade. In just two years, Bolt has also
entered athletics into unknown territory by doing
the rounds in the United States talk show market
appearing in “The Late Show” with David Letterman
and “Good Morning America”.
Kenenisa on Bolt: Not
Envious
Kenenisa is not envious
of Bolt. In fact, he is happy that the Jamaican is
getting all the attention.
“He deserves every bit of attention he is getting
because of what he is achieving,” he told Fortune.
“People ask me why there is no attention on me and I
tell them that the events are different. People give
more attention to sprints than distance races.”
Kenenisa may not dance
on the track or turn his event into a show, but his
efforts never go unnoticed by those in the sport.
“He is nothing like we have seen before in our lives
and I do not think we will see such an athlete like
him,” says Brussels’ Meeting Director, Wilfried
Meert. “We hold a special place for him here in
Belgium.”
Christopher Clarey, a sports reporter for the New
York Times, feels no different.
“I feel that his efforts are really
underappreciated,” he told Fortune. “He has
won everything there is to win. He has won them
easy. He has won them hard. He may not be a show
man, but his actions are really charismatic.”
But for his manager, Jos Hermens, the man tasked
with the responsibility of selling Kenenisa’s image,
the athlete needs to do more to project himself for
the media. The Dutchman, who himself was a world
10,000m record holder in 1976, believes Kenenisa is
not a show man.
“Bolt is a natural actor,” he said. “Some people
take energy from the public and press conferences.
For Kenenisa, these things are like laborous and
they do not come naturally to him. He needs to do
more to communicate.”
Kenenisa has tried to
overcome the communications barrier by improving his
English over the last few years, although it is not
yet to the level necessary to do hard-hitting
interviews with broadcasters. At both the pre-race
and post-race press conferences at the Memorial Van
Damme, he understood and answered many of the
questions in broken English, but required
translation and even explanation during some of the
interviews.
“His English is not advanced enough for interviews,”
commented Saminadra Kunti, a Belgian radio
journalist, who works for Radio Scorpio in Louven,
Belgium. “It is really very difficult for us to get
to know him easily and let our audience know. When
he spoke in Amharic, he looked comfortable, but in
English, I can see that he was struggling.”
Despite his shortcomings in communications, Kenenisa
remains a hero larger than life for many of his
compatriots.
Watching the race broadcasted live at the Sheraton’s
Office Bar, Dawit Zawde (MD), president of an
international humanitarian organization, Africa
Humanitarian Action (AHA), did not know how
depressed he would have been had Kenenisa lost it.
But, he was clear what to do in case of his win.
“I would either have slept peacefully or gone out
and partied the night through,” he told Fortune.
“But I had a tranquil night.”
“I am thrilled to see an Ethiopian excel at such an
international scene.” says Dawit. To him, the
victory symbolizes that Ethiopia wins and he is not
alone in the generose praise showered upon Kenenisa.
In 2004, Ethiopia’s sensational pop star, Tewodros
Kassahun aka Teddy Afro, released a single titled
‘Tarik Tesera’, literally translated as ‘history was
set’. It was in honour of Kenenisa’s victory at the
Athens Olympics, in the 2004. He often attracts a
huge Ethiopian following whenever he races in big
meetings in Europe and is chased by fans for his
autograph.
“He is my hero,” said Endalemahu Zerihun, an
Ethiopian who drove three hours from Amsterdam in
neighbouring Holland to watch Kenenisa’s final
jackpot race in Brussels. “Our country has a great
and long history but we, the youngsters, do not have
many modern things to be proud of.”
Endalemahu shares
Dawit’s sense of national pride.
“When I see him race and win, it is one of the few
times I feel proud that I am an Ethiopian,” he told
Fortune.
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