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Tiger Woods First Athlete To Reach $1 Billion


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It's good to be Tiger Woods. Forbes.com is reporting that Woods is the first athlete to reach $1 billion in earnings, beating out Michael Jordan and Michael Schumacher.

 

Woods earned more than $10.5 million in giant cardboard checks this year on the PGA Tour and added another $10 million last weekend by winning the FedEx Cup. According to Forbes, that little bonus was enough to push Woods over the $1 billion mark.

 

Forbes has been tracking athlete earnings since before Tiger turned pro. Woods had earned a cumulative $895 million going into 2009, by our estimates, from prize money, appearance fees, endorsements, bonuses and his golf course design business. If you add his $10.5 million in 2009 prize money, the FedEx bonus and his take so far this year from his more than $100 million in annual off-the-course earnings, Woods' career earnings are now 10 figures.

 

 

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Wow, Jordan never did?

Jordan made $4 million or less from his league contract up until the 1996-97 season. He hit $30 million, then $33 million, in those final two seasons with Chicago, then earned the veteran's minimum for his two years in Washington.

 

So, actually, Jordan would've had to reach ten figures using just his endorsements, while Tiger uses both those and his winnings.

 

Different eras. It would've been almost impossible for Jordan to catch him, even with his Jordan brand as popular as it is.

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Jordan made $4 million or less from his league contract up until the 1996-97 season. He hit $30 million, then $33 million, in those final two seasons with Chicago, then earned the veteran's minimum for his two years in Washington.

 

So, actually, Jordan would've had to reach ten figures using just his endorsements, while Tiger uses both those and his winnings.

 

Different eras. It would've been almost impossible for Jordan to catch him, even with his Jordan brand as popular as it is.

 

Ah, I gotcha.

 

I thought Jordan was a billionaire now though, with all the merch, and being a team owner.

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