Skip to main content

Tiger Woods is still the highest-paid golfer on earth—here's how much he makes



Tiger Woods has been a household name since 1997 when he became the youngest player ever to win the Masters.
Today, the 42-year-old athlete is ranked 51st in the world golf rankings but remains the highest-paid golfer in the world. Forbes estimates that Woods made $43.3 million in 2017, and Golfworld calculates that he earns an average of $1,282 per shot.
And the star appears to put his money to use. Business Insider reports that Woods owns a $55 million 10-acre property, a $54 million private jet, and a $25 million yacht.
But Woods didn't make his fortune by winning titles alone. He also earned it through lucrative endorsement deals with companies like Nike, Monster Energy, and Bridgestone Golf. According to Forbes, $1.3 million of Woods' earnings last year came from his salary and winnings, and the remaining $42 million came from sponsorships. Woods has made $1.5 billion since turning pro-1996, but less than 10 percent of these earnings came from prize money.
show chapters

Despite facing career-threatening injuries and public scandals, his name can still drive consumers to stores and viewers to their televisions — a phenomena known as the "Tiger Effect."
"His endorsement alone increases our sales 30 percent, even if he's not playing," then-CEO of Bridgestone Angel Ilagan told CNBC in April. "If he wins, we're in a whole lot of trouble, because we're not going to be able to make enough product."
Nielsen calculates that Woods drives an average of almost 2.9 million extra viewers for every tournament he plays in.

Tiger Woods
Streeter Lecka/PGA of America/Getty Images
Experts predict the PGA Championship, which kicked off Thursday, will benefit from the "Tiger Effect" as well. On Tuesday Woods told The New York Times that he felt "very blessed" to be back on the course, and his competitors noticed that the legend was more relaxed and happy than he usually is.
"He's more talkative," said Justin Thomas, the defending champion of the PGA Championship. "He's enjoying himself more. He's obviously still competitive and wants to kill us when he's out there, but it definitely is a different Tiger than I watched on TV growing up."
By Abigail Hess | @abigailjhess, www.cnbc.com - August 10th, 2018

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

L.A. will rename Rodeo Road as Obama Boulevard in tribute to former president

The Los Angeles City Council voted to rename Rodeo Road as Obama Boulevard in honor of former President Obama, Mayor Eric Garcetti announced in a tweet Tuesday night. “We’re thrilled that Angelenos and visitors will forever be reminded of the legacy of President @BarackObama when traveling across L.A.,” he said in the tweet. City Council President Herb Wesson  proposed the name change in June 2017. Los Angeles is renaming Rodeo Rd. to Obama Boulevard in honor of former president Barack Obama. pic.twitter.com/UwzXxU6tHA — AJ+ (@ajplus) August 29, 2018 Not to be confused with the upscale Rodeo Drive in Beverly Hills, Rodeo Road is a 3.5-mile street that runs from near the Culver City border east to Mid-City. In his proposal, Wesson  noted that  Obama held a campaign rally at Rancho Cienega Park on Rodeo Road when running for president and that the area already has streets named after presidents, such as George Washington and Thomas Jefferson. It’s offic...
Post a Comment
Read more

Why Christopher Reeve's ''Superman' Is So Hard to Leave in the Past

#ChristopherReeve #Clarkkent #DCcomics #LoisLane #RichardDonner #Superman Forty years ago, Richard Donner and Christopher Reeve made a Superhero film that directors have been chasing for years, depicting who America was then — or at least who we wished to be Superman. It’s now easy to believe a man can fly. It wasn’t in 1978, but today, in midst of an explosion of superhero movies, it’s a belief we give into with relative ease. Flight is most often the bare minimum of what we expect from heroes and villains who can perform any feat limited only by the human imagination. It’s not simply special effects that permit our belief, but rather an overall acceptance that these costume-clad characters are a defining part of our culture, modern myths at their best and populist cinematic staples akin to the 20th century western at their lowest form. There have been a record nine theatrically released superhero movies based on comic books this year alone, each claiming a major piece of the glo...
Post a Comment
Read more

Valio La Pena (Salsa Version) Marc Anthony (video)

#MarcAnthony #Music #Salsa #ValioLaPena  Vídeo oficial de Marc Anthony de su tema 'Valio La Pena (Salsa Version) Valio La Pena [Salsa Version]" by and Jose Luis/salgado Pagan. Mirándote a los ojos se responden mi por qué Me inspiro en tus palabras y mi casa esta en tu piel Que tierno amor, mi devoción, viniste a ser mi religión Mi dulce sentimiento de nada me arrepiento Que vivan los momentos en tu boca y en tu cuerpo Mujer Valió la pena lo que era necesario para estar contigo amor Tu eres una bendición Las horas y la vida de tu lado nena Están para vivirlas pero a tu manera Enhorabuena, porque valió la pena Valió la pena Valió la pena lo que era necesario para estar contigo amor Tu eres una bendición Las horas y la vida de tu lado nena Están para vivirlas pero a tu manera Enhorabuena, porque valió la pena Valió la pena, valió la pena Valió la pena, nena Te veo y me convenzo que tenias que llegar Después de la tormenta aquí en tu pe...
Post a Comment
Read more