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Dean Furman left the riches of British football to play in South Africa, proving the league in his country of birth is in good financial health.

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The South African economy may be struggling but football remains big business in the country with the Premier Soccer League (PSL) expanding its reach outside of the continent.

The increased pulling power of the league has been more evident over the last 18 months with many high-profile acquisitions by the country’s leading clubs.

The most intriguing of these was the capture by SuperSport United of South African international midfielder Dean Furman, who has grabbed the chance to become part of an ambitious project at the Pretoria club.

At the age of 27, Furman is a player reaching his prime, but instead of pushing to grow his reputation in Europe, he has instead opted for a more lucrative contract in South Africa.

Furman is one of a number of players from outside of Africa that have pledged their future to the South African domestic game. What started as a trickle 18 months ago has turned into something of a rush, at two clubs at least.

The New Zealand international trio of Jeremy Brockie and Michael Boxall (both SuperSport), as well as Kris Bright (Wits) have arrived. As has Australian Isaka Cernak at SuperSport, Portuguese junior international, Jucie Lupeta, and most recently Englishman James Keene, both of whom play at Wits.

And then there is the return to the PSL of experienced defender Bongani Khumalo, to SuperSport for the first half of the season and, since January, Wits. His failure to get a work permit in England was a deciding factor, though there were other offers elsewhere in Europe.

The new arrivals have had varying degrees of success. Cernak and Bright have especially struggled to adapt to the local game, but the rest have added value to their teams.

Furman remains the most high-profile of the new arrivals though, having come through the junior ranks at English giants Chelsea, made his professional debut for top Scottish club Glasgow Rangers and captained his country at an African Nations Cup finals.

Born in Cape Town, his early years were spent in the plush surroundings of Camps Bay before his parents immigrated to England when he was five. Four years later, he was scouted by Chelsea playing for his local club and joined their academy.

His next move involved a future Liverpool manager and a Scottish great.

“I was coming to the end of my apprenticeship at Chelsea and was unsure whether I would be kept on,” says Furman. “Throughout my time at Chelsea, the youth coaches had been really supportive of me. One of them, Brendan Rodgers, had a link at Celtic, which was [former Scotland star] Tommy Burns, and so I spent a week training there.”

“After that I had a week at Glasgow Rangers as well. I really enjoyed both experiences and would have been happy to sign for either club. But Rangers moved faster I guess and I committed to them.”

Furman made his senior debut for his new club in 2008, two years after joining the club, but felt his fortunes lay in England, despite being offered a new contract by the Scottish side and after a successful loan spell at fourth-tier Bradford City, joined Oldham Athletic a division above.

He immediately hit it off with coach Paul Dickov, so much so that he was handed the captaincy of the side for the 2011/12 season, just days past his 23rd birthday, making him the youngest skipper among England’s 92 league clubs for that season.

“I think Paul Dickov could see a bit of himself in me,” says Furman.

At the end of the first season, the captain had moved on and Dickov was looking for someone else to take the leadership role.

“It was a great honor and a great responsibility for me at a young age. But I think that is just the way I am. Whether I am wearing the captain’s armband or not I try and get the best out of my teammates. It is something that comes quite naturally to me.”

A move to Doncaster Rovers would follow, initially on loan and then permanently in 2013 as Furman sought to perform at a higher level.

He did compete in the English Championship with Rovers and did not look out of place, despite their relegation in the 2013/14 season.

He turned down the offer of a new contract at the club at the end of the last campaign and had a trial with Championship club Blackburn Rovers, where he received glowing praise from the club’s management, but who ultimately opted to sign players in other positions they felt needed greater cover.

Furman had long been linked with the South African PSL ever since he made his debut for Bafana Bafana under Gordon Igesund against Brazil in 2012. Now with options to consider on the table, the best of these were from SuperSport United, a club with substantial financial backing and ambition.

“It wasn’t an easy decision, purely based on having to move to another country and the affect that would have on my girlfriend and our families,” he says.

“But [SuperSport CEO] Stan Matthews came over and outlined his vision for the club. I spoke to a lot of people about the team and the PSL and ultimately we decided to experience something new.”

Furman says he and his girlfriend have settled in well and believes there are a number of factors why the PSL is becoming a more attractive league for players from outside the continent.

“The legacy from the [2010] World Cup has really put the spotlight on South African football. And there is some real talent over here with exciting players, so it is great to watch and be involved in. The facilities are world-class too.”

Also, there is no doubt that tougher financial conditions among European clubs means more players will be looking for opportunities outside of the continent.

“There are a lot of really good players scratching around looking for a club. Financially, teams have tightened up so good players have been released to cut wage bills and it is becoming more difficult therefore to win a good contract at a good club because there is so much competition.”

It is for that reason that Furman, while just reaching his prime as a player, is already thinking about life after retirement.

“I have got a couple of properties in the UK and am also doing my dissertation for a sports science degree. Your career ends very early in life and so you need to think about the next 50 years.”

The rude financial health of the PSL should make those 50 years easier for Furman.

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The Springboks And The Cup Of Good Hope

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After their epic win beating England at the 2019 Rugby World Cup in Japan on November 2, the Springboks returned home to South Africa, undertaking a nation-wide tour, in an open-top bus, holding high the Webb Ellis Cup. In this image, in the township of Soweto, they pass the iconic Vilakazi Street with throngs of screaming, cheering residents and Springbok fans lining the street. The sport united the racially-divided country. For the third time in history, the South African national rugby team was crowned world champions.

Image by Motlabana Monnakgotla

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Déjà vu: South Africa Back to Winning

Our Publisher reflects on the recent Springbok victory in Yokohoma, Japan

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Rugby World Cup 2019, Final: England v South Africa Mtach viewing at Nelson Mandela Square

By Rakesh Wahi, Publisher
FORBES AFRICA

Rugby is as foreign to me as cricket is to the average American. However, having lived in South Africa for 15 years, there is no way to avoid being pulled into the sport. November 2, 2019, is therefore a date that will be celebrated in South Africa’s sporting posterity. In many ways, it’s déjà vu for South Africans; at a pivotal time in history, on June 24, 1995, the Springboks beat the All Blacks (the national rugby team of New Zealand) in the final of the World Cup. The game united a racially-divided country coming out of apartheid and at the forefront of this victory was none other than President Nelson Mandela or our beloved Madiba. In a very symbolic coincidence, 24 years later, history repeated itself.

South Africans watched with pride as Siya Kolisi lifted the gold trophy in Yokohama, Japan, as had Francois Pienaar done so 24 years ago in Johannesburg. My mind immediately reflected on this extremely opportune event in South Africa’s history.

The last decade has not been easy; the country has slipped into economic doldrums from which there seems to be no clear path ahead. The political transition from the previously corrupt regime has not been easy and it has been disheartening to see a rapid deterioration in the economic condition of the country. The sad reality is that there literally seems to be no apparent light at the end of the tunnel; with blackouts and load-shedding, a currency that is amongst the most volatile in the world, rising unemployment and rising crime amongst many other issues facing the country.

Rakesh Wahi, Publisher Forbes Africa

Something needed to change. There was a need for an event to change this despondent state of mind and the South African rugby team seems to have given a glimmer of hope that could not have come at a more opportune time. As South African flags were flying all over the world on November 2, something clicked to say that there is hope ahead and if people come together under a common mission, they can be the change that they want to see.

Isn’t life all about hope? Nothing defies gravity and just goes up; Newton taught us that everything that goes up will come down. Vicissitudes are a part of life and the true character of people, society or a nation is tested on how they navigate past these curve balls that make us despair. As we head into 2020, it is my sincere prayer that we see a new dawn and a better future in South Africa with renewed vigor and vitality.

Talking about sports and sportsmen, there is another important lesson that we need to take away. Having been a sportsman all my life, I have had a belief that people who have played team sports like cricket, rugby, soccer, hockey etc make great team players and leaders. However, other sports like golf, diving and squash teach you focus. In all cases, the greatest attribute of all is how to reset your mind after adversity. While most of us moved on after amateur sports to find our place in the world, the real sportspeople to watch and learn from are professionals. It is their grit and determination.

My own belief is that one must learn how to detach from a rear view mirror. You cannot ignore what is behind you because that is your history; you must learn from it. Our experiences are unique and so is our history. It must be our greatest teacher. However, that’s where it must end. As humans, we must learn to break the proverbial rear view mirror and stop worrying about the past. You cannot change what is behind you but you can influence and change what is yet to come.

I had the good fortune of playing golf with Chester Williams (former rugby player who was the first person of color to play for the Springboks in the historic win in 1995 and sadly passed away in September 2019) more than once at the SuperSport Celebrity Golf Shootout.

Chester played his golf fearlessly; perhaps the way he led his life. He would drive the ball 300 meters and on occasion went into the woods or in deep rough. Psychologically, as golfers know, this sets you back just looking at a bad lie, an embedded or unplayable ball or a dropped shot in a hazard. For a seasoned golfer, it is not the shot that you have hit but the one that you are about to hit. Chester has a repertoire of recovery shots and always seemed to be in the game even after some wayward moments. There is a profound lesson in all of this. You have to blank your mind from the negativity or sometimes helplessness and bring a can do and positive frame of reference back into your game (and life). Hit that recovery shot well and get back in the game; that’s what champions do.

We need to now focus our attention on the next shot and try and change the future than stay in the past.

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The NBA’s Highest-Paid Players 2019-20: LeBron James Scores Record $92 Million

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NBA salaries have skyrocketed in recent years, but the biggest stars have earned more off the court than on it to this point in their careers. LeBron James, who tops the ranking for the 2019-2020 season, has made more than twice as much from endorsements than his $270 million in playing salary over his first 16 years. Kevin Durant’s on-court earnings of $187 million in 12 seasons is dwarfed by his current ten-year, $275 million Nike deal.

At $92 million, including salary and endorsements, James is the NBA’s highest-paid player for the sixth straight year. It is a record haul for an active basketball player. Nike is his biggest backer, and the company is naming a new research lab at its Beaverton, Oregon, corporate campus after James. Last month, the 17th iteration of his Nike signature shoe, the LeBron XVII, hit stores.

The four-time NBA MVP added a pair of endorsement deals in 2019 with Rimowa luggage and Walmart, which joined Coca-Cola, Beats By Dre, Blaze Pizza and NBA 2K in his sponsorship stable.

He also has a budding digital media company, Uninterrupted, and a production firm, SpringHill Entertainment, which will release a sequel to the 1996 Michael Jordan vehicle Space Jam in conjunction with Warner Bros. in 2021. All of the off-court work is worth an estimated $55 million for James this season.

The Los Angeles Lakers star’s comments about the NBA’s geopolitical mess in China also reveal the precarious position everyone in the league is in as political unrest in Hong Kong shows no signs of abating.

As the league’s 74th regular season tipped off Tuesday night, the NBA was still reeling from the crisis set off by a tweet from Houston Rockets GM Daryl Morey in support of Hong Kong’s pro-democracy protesters.

Commissioner Adam Silver backed Morey’s right to free speech, but some players didn’t, including James, who called Morey “misinformed or not really educated” on the situation. “We love China,” said Rockets point guard James Harden.

It was a rare misstep for two of the league’s more media-savvy stars, both of whom have close ties to China. Adidas, which has Harden as the face of its basketball business, generated more revenue in China last year than in North America, and the Rockets are China’s most popular team after drafting native son Yao Ming in 2002.

Nike’s China revenue topped $6 billion during the last fiscal year, and the country is a growth leader for the brand. James has represented Nike on 15 off-season trips to China. The sports giant pays James more than $30 million annually to pitch its products around the globe.

And the threat of losing its growth trajectory in China could have far-reaching consequences for team valuations.

But back at home, the financials of NBA franchises remain solid, which is good for player salaries. The league’s salary cap is soaring, fueled largely by the nine-year, $24 billion TV deal with ESPN and TNT signed in 2014.

NBA players are entitled to 51% of the league’s “basketball-related income” as laid out in the collective bargaining agreement. The rich TV deal and budding international business means 46 players will earn a playing salary of at least $25 million this season, according to Spotrac. The $25 million club had zero members five years ago. And unlike in the NFL, every dollar is guaranteed upon signing.

The NBA's Highest-Paid Players
The Highest-Paid NBA Players - Dataviz

On-court salaries in the NBA are capped based on a player’s number of years in the league and accolades earned in cases in which an award like MVP entitles them to a bigger percentage of a team’s salary cap.

So the pecking order for the elite stars is ultimately determined by their off-court income, with the shoe deal the biggest component of those earnings. There are ten active NBA players who will make at least $10 million from their shoe contracts this year, by Forbes’ count.

Stephen Curry comes in at No. 2 on the earnings list this year and is expected to generate $85 million this season, including $45 million off the court. Under Armour represents nearly half of his off-court income.

Curry’s $40.2 million salary from the Golden State Warriors is the highest in the history of the NBA; he’s in the third season of the five-year, $201 million contract he signed in 2017. Curry’s production company, Unanimous Media, has a development deal with Sony Pictures.

Unanimous’ first movie, Breakthrough, was released in April, with Curry playing a role in marketing the Christian-oriented film, which grossed $50 million on a $14 million budget.

Durant has the NBA’s second-biggest annual shoe contract after James’ at an estimated $26 million this season. His total earnings from his playing salary and endorsements is $73 million. Nike sells more KD shoes in China than in North America, according to Durant’s business partner Rich Kleiman.

Like James and Curry, Durant has his own production company, which is co-producing a new basketball-themed drama, Swagger, that is inspired by Durant’s youth basketball experience and will air on the Apple TV+ streaming service.

The NBA’s ten highest-paid players are expected to earn a cumulative $600 million this year, including $250 million from endorsements, appearances, merchandise and media.

A Closer Look At The NBA's Highest-Paid Players
#10: Damian Lillard

Lillard signed a four-year, $196 million supermax extension in July with the Portland Trail Blazers that kicks in for the 2021-2022 season. The final year is worth $54.25 million for the 2013 NBA Rookie of the Year and four-time All-Star. Lillard’s Adidas shoe deal is worth roughly $10 million annually.

#9: Giannis Antetokounmpo

The “Greek Freak” is eligible for a five-year, $248 million contract extension next summer with the Milwaukee Bucks. It would be the richest deal in the history of the sport. In June, Nike unveiled the first signature shoe, Zoom Freak 1, for the 2019 NBA MVP.

#8: Chris Paul

Only Curry will earn more on the court this season than Paul, who was traded to the Oklahoma City Thunder in July. Paul was an early investor and ambassador for Beyond Meat, whose stock price has quadrupled since its initial public offering in May.

#7: Klay Thompson

Thompson’s coach, Steve Kerr, says the sharpshooter is likely to miss the entire season after tearing his ACL during the NBA Finals in June. But he’ll still collect his full $32.7 million salary—almost double last year’s—under the first season of the five-year, $190 million pact he signed in July. Thompson is the basketball face of Chinese shoe brand Anta.

#6: Kyrie Irving

Irving joins his third team in four years this season. His four-year deal with the Brooklyn Nets is worth $136 million and includes an additional $4.3 million in potential incentives. A viral Pepsi ad campaign featuring Irving as the elderly Uncle Drew eventually led to a 2018 feature film; Irving has partial ownership of the character. Irving is another Beyond Meat investor.

#5: James Harden

The 2018 NBA MVP purchased a minority stake in the Houston Dynamo of MLS this summer for $15 million. Harden also holds equity stakes in BodyArmor, Stance socks and Art of Sport. His salary with the Rockets jumps $8 million this season with the start of a contract extension he signed in 2017.

#4: Russell Westbrook

Westbrook’s five-year, $207 million contract is the largest deal in the NBA right now. The eight-time All Star extended his deal with Nike’s Jordan brand in 2017 for another ten years and in 2018 received his first signature shoe, the Why Not Zer0. Westbrook has averaged a triple-double for three straight seasons.

#3: Kevin Durant

Durant is likely to miss the entire season recovering from a torn Achilles tendon suffered in June during the NBA Finals. He’ll still pocket his full first-year salary from the Brooklyn Nets under the four-year, $164 million deal he signed in July. He’s invested in more than 30 startups, including Postmates and investing app Acorns.

#2: Stephen Curry

The two-time MVP used some of his hoops money in June to buy a $31 million home in Atherton, California, with his wife, Ayesha. He also made a seven-figure donation this summer to Howard University to help launch a golf program at the school and recently signed an endorsement partnership with Callaway Golf. Curry became the only player to win the NBA MVP unanimously when he won his second of back-to-back awards in 2016.

#1: LeBron James

James signed an endorsement in 2019 with Walmart that is rooted in community work. He worked with the retail giant on its Fight Hunger. Spark Change. initiative, as well as the company’s back-to-school campaign. James is part of an investment group that owns 19 Blaze Pizza franchises across Illinois and Florida.

-Forbes; Kurt Badenhausen

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