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lvarez collects tens of millions of dollars every time he steps in the ring, scoring big with blockbuster fights against Dmitry Bivol and Gennadiy Golovkin over the last 12 months. (The Forbes list runs through May 1, meaning the upcoming payday from his May 6 bout with John Ryder is not included here.) lvarez has a relatively slim list of traditional endorsements for an athlete of his stature, partnering with Hennessy and Michelob Ultra, but he signed with Excel Sports Management in September to build out his marketing deals, and he is active as an entrepreneur. The boxer is behind sports drink maker Yaoca, fitness app I Can and gas station chain Canelo Energy, and he has his own clothing line and branded credit card. In September, he launched VMC, a canned cocktail brand.

I'm a graduate of the University of Miami. Before joining Forbes I worked as a reporter and editor at Bloomberg where I covered everything from sports to how negative rates impacted the Black-Scholes model.

As a senior editor at Forbes, I report on the business of sports and edit coverage in Forbes.com's SportsMoney section. I previously served as an assistant managing editor, overseeing the website's network of nearly 3,000 contributors and the editors working with them, and as the deputy business editor, overseeing the business coverage at Forbes.com and working closely with the channel's contributing writers in digging up stories, developing angles and delivering strong analysis. In my pre-Forbes days, I worked in sports and business news as an editor at the New York Times.

When word finally came out that the two-way star was headed to the Dodgers on a record-breaking 10-year, $700M contract, players across MLB and other sports personalities shared reactions that had us chuckling.

Ever since Bennet Omalu published a pathology report describing the neurodegenerative disease chronic traumatic encephalopathy (CTE) in the brain of deceased former National Football League player Mike Webster in 2005, journalists, sports organizations, Congress, and even Hollywood have grappled with what the risk of long-term brain damage means for American football.

I am a historian of neurology and neuroscience. For the past five years, I have been researching and writing a book about the cultural history of brain injuries. The record is clear: CTE is an old problem, and people in sports and medicine alike have known plenty about it for a very long time.

Yet beyond these reasons is another important facet of sport in general that so often goes disregarded: for every winner, there must be a loser. Losers in sport sometimes become losers in life. American culture celebrates winners and winning. It rarely tells complex stories about why losers became losers. Indeed, to focus on the losers and what happens to them after they vanish from sports is to reveal a preference for the company of sports losers rather than winners.

The Illinois report clearly shows that scientists and doctors in the 1940s recognized that blows to the head could give rise to CTE. It shows that knowledge of these facts was widespread. Yet this knowledge did not, on its own, lead college sports authorities to abandon boxing.

Since 2005, some in the medical profession have argued that undue media attention has created public hysteria about concussions in sports and the acute and long-term sequelae associated with brain trauma. Former heroes of the gridiron who develop problems are questioned about their personal habits. Innuendo and slur are common: The players drank too much or did drugs, their IQs were low to begin with, they came from difficult backgrounds, and all of that is why they now have emotional and cognitive problems. Not their battered brains. e24fc04721