Kerry Packer

PHOTO: Shane Warne. Cricket Australia

Shane Warne’s prodigious talent on the field and larger-than-life character off it made him one of cricket’s first stars to turn his extraordinary career into a financial gold mine.

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The exact extent of Warne’s wealth is difficult to quantify but a lavish lifestyle and string of high-end properties in Melbourne’s bayside suburbs hint at his success in parlaying sporting fame into lucrative sponsorship deals and a media career that lasted until his unexpected death on Friday.

Shane Warne made around $1.5 million a year from media appearances.
Shane Warne made around $1.5 million a year from media appearances. CREDIT:GETTY

Warne started his long-running relationship with Nine Network as a commentator in 1994, just two years into his international career, and by 2004 his appearances were earning him $300,000 a year.

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As his profile ballooned, sponsors followed. By 1999 he had minted a five-year deal with Nike worth $1 million, along with a $200,000 deal with Nicorette to quit smoking and endorsements for everything from Oakley sunglasses ($200,000 a year) to Just Jeans ($80,000) and tinned food maker SPC Ardmona.

Like his playing career, though, controversy affected Warne’s business dealings.

Shane Warne

Shane Warne, the prolific property flipper

Media baron Kerry Packer personally called Warne to cancel his Nine contract in 2005 amid a string of high-profile sex scandals, while sponsors became harder to find after his one-year suspension in 2003 for taking a banned diuretic.

But by the time he hung up the baggy green for good in 2007, he was back making $1.5 million a year in sponsorship deals, which included the hair-loss treatment service Advanced Hair.

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“When you throw a big number out there, you’re not really expecting to get it.”

Shane Warne

All was forgiven at Nine, too (Nine Entertainment Co is the owner of this masthead). The television network welcomed him back in 2008 and even gave him a short-lived talk show, Warnie. His first interview subject was Kerry Packer’s son James. Ratings were poor, however, and it wrapped up early.

He remained part of Nine’s key on-air cricket talent until 2018 when he jumped to Fox Sports (his manager said he “would be the highest-paid” commentator there) after the pay TV network and Seven won the cricket broadcast rights. Along with appearances on UK broadcaster Sky, one industry source estimated Warne was netting about $1.5 million a year from commentary and TV appearances.

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Australia’s enduring fascination with Warne translated into a $2 million fee to appear in the 2016 season of Ten’s reality TV show I’m a Celebrity … Get Me Out of Here, which equalled the entire cast budget for the previous season.

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