Manny Pacquiao is ranked among the world’s top 50 highest-paid athletes, tied for 24th with Brazilian soccer star Kaka of Real Madrid, with earnings of $25 million the past year, according to Forbes.com. Tiger Woods, who is winless for the last 20 months and has plummeted from No. 1 to No. 13 in the world rankings, remained the highest-paid athlete in the list with earnings of $75 million, well ahead of LA Lakers star Kobe Bryant who made $53 million.
Kurt Badenhausen, who wrote the story for Forbes.com, said the earning figures were derived from salaries, bonuses, prize money, appearance fees, licensing and endorsement income in the 12 months ending May 1. Taxes and agents’ fees were not deducted.
Pacquiao ranked higher than Maria Sharapova (29), Manchester United star Wayne Rooney (30), Kevin Garnett (32), Vince Carter (35), Tim Duncan (37), Chris Paul (38), Ernie Els (43), Dirk Nowitzki (45), and Pau Gasol (49).
Since his November 2009 car crash and the resulting scandal on his married life, Woods has been hit hard by the withdrawal of his sponsors like Accenture, AT&T, Gillette and PepsiCo.
His golf course design business has been hammered by the economic downturn and his annual earnings have plummeted $50 million over the past two years.
Badenhausen said Woods can thank two long-term sponsors for his hefty income. Nike signed Woods to a five-year, $40 million deal when he turned pro in 1998. Electronic Arts released its first "Tiger Woods PGA Tour" videogame in 1998. EA and Nike combined are responsible for more than half of Woods’ $75 million in earnings.
Bryant leads 15 basketball players in the list, more than any other sport. Bryant added Turkish Airlines and Mercedes-Benz’s Smart Car to his endorsement portfolio. His $24.8 million salary with the Los Angeles Lakers is $4 million more than any other NBA player.
No. 3 on the list is Miami Heat forward LeBron James, who earned $48 million over the past year.
This year’s 50 highest-paid athletes earned $1.4 billion combined, or $28 million on average, down 11 percent from a year ago, thanks in large part to the drop in Woods’ earnings and the inactivity of Floyd Mayweather, who hasn’t fought in 13 months after appearing at No. 2 on last year’s list with earnings of $65 million. The minimum to make the list was $18.8 million, compared to $21 million in 2010.
Women players are again under-represented in the list. Tennis player Maria Sharapova is the only woman who cracked the top 50 for the second straight year.
She ranked 29th with earnings of $24.2 million, largely from her lucrative Nike deal, which pays her royalties on her lines of tennis apparel and Cole Haan shoes.
Kurt Badenhausen, who wrote the story for Forbes.com, said the earning figures were derived from salaries, bonuses, prize money, appearance fees, licensing and endorsement income in the 12 months ending May 1. Taxes and agents’ fees were not deducted.
Pacquiao ranked higher than Maria Sharapova (29), Manchester United star Wayne Rooney (30), Kevin Garnett (32), Vince Carter (35), Tim Duncan (37), Chris Paul (38), Ernie Els (43), Dirk Nowitzki (45), and Pau Gasol (49).
Since his November 2009 car crash and the resulting scandal on his married life, Woods has been hit hard by the withdrawal of his sponsors like Accenture, AT&T, Gillette and PepsiCo.
His golf course design business has been hammered by the economic downturn and his annual earnings have plummeted $50 million over the past two years.
Badenhausen said Woods can thank two long-term sponsors for his hefty income. Nike signed Woods to a five-year, $40 million deal when he turned pro in 1998. Electronic Arts released its first "Tiger Woods PGA Tour" videogame in 1998. EA and Nike combined are responsible for more than half of Woods’ $75 million in earnings.
Bryant leads 15 basketball players in the list, more than any other sport. Bryant added Turkish Airlines and Mercedes-Benz’s Smart Car to his endorsement portfolio. His $24.8 million salary with the Los Angeles Lakers is $4 million more than any other NBA player.
No. 3 on the list is Miami Heat forward LeBron James, who earned $48 million over the past year.
This year’s 50 highest-paid athletes earned $1.4 billion combined, or $28 million on average, down 11 percent from a year ago, thanks in large part to the drop in Woods’ earnings and the inactivity of Floyd Mayweather, who hasn’t fought in 13 months after appearing at No. 2 on last year’s list with earnings of $65 million. The minimum to make the list was $18.8 million, compared to $21 million in 2010.
Women players are again under-represented in the list. Tennis player Maria Sharapova is the only woman who cracked the top 50 for the second straight year.
She ranked 29th with earnings of $24.2 million, largely from her lucrative Nike deal, which pays her royalties on her lines of tennis apparel and Cole Haan shoes.
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