Wednesday, August 8, 2007

The 50 Highest Paid American Athletes

tiger-woods.jpg

Sports Illustrated is out with their yearly Fortunate 50 list which ranks the highest paid athletes for the year. Tiger woods took the top spot by earning a whooping $111,941,827. Oscar De La Hoya was second, earning $55,000,000 and Phil Mickelson took home the third spot with $51,256,505 in earnings. The estimated totals used to compose the list include salary, winnings, bonuses, endorsements and appearances. Here is how the top 10 shook out:

  1. Tiger Woods, golf, $111,941,827
  2. Oscar De La Hoya, boxing, $55,000,000
  3. Phil Mickelson, golf, $51,256,505
  4. Shaquille O’Neal, NBA, $35,000,000
  5. Kobe Bryant, NBA, $33,718,750
  6. LeBron James, NBA, $30,828,089
  7. Kevin Garnett, NBA, $29,000,000
  8. Derek Jeter, MLB, $29,000,000
  9. Alex Rodriguez, MLB, $28,000,000
  10. Dale Earnhardt Jr., auto racing, $27,111,735

To see the full list, click here.

One thing that stands out is LeBron James’ endorsements which netted him $25,000,000. So if that figure remains, and his salary catches up to that of Kobe’s or Shaq’s, LeBron will earn over $40,000,000 a year and become the highest paid team sports athlete.

Another thing to note is the arrival of Michelle Wie to the list. The 17 year old golfer became the highest earning female athlete by earning $20,235,224. Over 96% of that total came from endorsements.

While the numbers these athletes rack up in the paycheck category are impressive, they are still dwarfed by that of Wall Street’s top earning traders.



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[Source: Stock Market Blog.com]

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