Woods joins James, Jordan as latest billionaire athlete
Tiger Woods has formally joined LeBron James and Michael Jordan as considered one of solely three billionaire athletes on the earth.
Forbes is now estimating that Woods’ web price is a minimum of $1 billion, according to the magazine’s earnings update for the golf celebrity.
James, the primary lively NBA participant to make Forbes’ record, was estimated to be price over $1 billion just last week, whereas Jordan did not make the record till 2014 — greater than a decade after he retired.
Woods, who’s tied for essentially the most PGA Tour occasion wins in historical past with 82, has made round $1.7 billion in his 27-year profession with lower than 10% of his web price coming from his golf wage. His sponsorship and endorsement offers by way of Nike, TaylorMade, Gatorade, Monster Power and Rolex, alongside together with his possession of TGR Design, TGR Reside (an occasion firm) and TGR Ventures, have all largely contributed.
Woods additionally lately bought a stake in PopStroke, a minigolf firm with areas throughout Florida.
The information of Woods’ billionaire standing comes shortly after he reportedly turned down a “high nine digits” offer to play within the Saudi Arabian-funded golf league LIV Golf with the intention to proceed taking part in on the PGA Tour.
Woods beforehand led Forbes’ record of highest paid athletes for 10 straight years, ending in 2012. Within the final yr, the 46-year-old earned $68 million in off-course earnings after hardly taking part in as a consequence of his extreme automotive crash in February 2021.
Woods most lately withdrew from the PGA Championship in Could, after which introduced that he will not be collaborating within the 2022 U.S. Open.
Nonetheless, the 15-time main champion is optimistic that he’ll be able to play earlier than the Open Championship, which begins July 14.
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Golf – PGA – The Open Championship – 7/14/2022
