Sports lovers in Ireland will soon get to enjoy the top earners in the country when the country’s top men’s footballers kick off their lucrative deals at the end of this week.
The top five earners will receive a combined total of $1.2 million per season for the next two seasons in terms of prize money.
That figure is far more than what they earn in Ireland and Ireland’s top league and, in the case of the top-scorer, will also be higher than what he earned in the past three seasons.
It will be the biggest single pay deal signed by any player in Ireland since the World Cup, when it was announced that John Hartley and George Best would earn a combined $3.5 million per year.
That is in addition to a €1.5m bonus for every domestic player and a €2m bonus if they win the League Cup.
In a bid to make sure the players are well compensated, the deal will see the players receive a 20 per cent pay rise over the next four years.
The deal was announced after an exclusive media deal was struck with the media, with the Irish Times covering the negotiations.
It means that Irish footballers will no longer have to wait for their salary cap to increase to match their salary, and the amount will be based on the actual number of games played in each season.
The new deal will also see the return of top-tier football to Ireland, where it has been for decades.
It was announced in June, when the Irish government announced it would pay players €9.6m per year for three seasons for the first time.
There were concerns the new deal would not be enough to meet the cost of hosting the World Cups in 2019 and 2022.
The Irish Rugby Union (IRFU) is due to meet next week to discuss a new agreement with the Professional Rugby Players Association (PRPA).
The new deals will be subject to approval by the IRFU and the PRPA.