HolyCoast: The Billion Dollar Tiger
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Thursday, October 01, 2009

The Billion Dollar Tiger

My dad was a huge fan of Tiger Woods. He loved golf, and loved to see someone who plays the game with such excellence as Tiger does. He'd be pleased to read this:
According to Forbes, the $10 million [£6.2 million] bonus that Woods got for his recent FedEx Cup win pushed him over the $1 billion [£620 million] mark in total career earnings.

Up to the beginning of 2009, the world's number one golfer had earned $895 million from prize money, appearance fees, sponsorship and from designing golf courses.

Adding together his winnings from this year together with his annual $100 million earnings, this makes Woods the first dollar billionaire sportsman.

Woods, 34, has been the world's highest paid sportsman since 2002, when he overtook Formula One's Michael Schumacher.

In the past seven years his earnings have rocketed as he diversified into golf course design.

The bulk of Woods's earnings come from his long-term partnership with sports giant Nike, which paya him upwards of £20 million a year.
Dad watched this year's PGA Championship from the hospital and was disappointed when Tiger lost a lead and the tournament to Y.E. Yang. However, Tiger is still a pretty young guy and will be a threat in major championships for a long, long time.

1 comment:

Linda said...

My dad also loved Tiger. He would always joke that we should send him a buck when he would lose. I wanted him to adopt me as his mom. Guess that isn't going to happen.

He is also a nice young man.