How Much Do Athletes Charge To Advertise On Instagram?

Athletes are finding different ways to get paid. Rick Strom and Robert Littal break it down. Give us your thoughts in the comments below!
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“Cristiano Ronaldo and LeBron James have literally thousands upon thousands of reasons to post updates on Instagram.
As Rachel Moss of Huff Post UK explained, the Real Madrid superstar tops athletes in this year's Hopper HQ Instagram Rich List as it pertains to money earned per sponsored post. The three-time NBA champion is second among athletes.
Ronaldo, who has over 106 million followers, reportedly makes around $400,000 for each sponsored post, while James is rumored to earn roughly $120,000 whenever he shares a sponsored post with his 31.6 million followers."
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