Monday, June 21, 2010

Did you ever wonder which professional athletes make the highest incomes?

Did you ever wonder which professional athletes make the highest incomes?

By David McClelland

You probably know or could guess that professional golfer, Tiger Woods, had the highest income last year. He made a whopping $127,902,702 from his golf winnings and his endorsement contracts, which massively exceeded what he made from golf. He recently became the world's first athlete to have cumulative, lifetime earnings of over one billion dollars from prize money and endorsements. That is impressive! How about the rest of the top 10?

Phil Mickelson, another professional golfer, had the second highest income at $5.9 million with another $40 million in endorsements or $45.9 million total.

Number 3 was NBA Miami Heat professional basketball player, Shaquille O'Neal, who earned $20 million with another $14 million in endorsements for $34 million.

Number 4 was Kobe Bryant, who was on the 2010 NBA Championship team, the Los Angeles Lakers, and earned $33.7 million in salary and endorsements (S&E).

Number 5 was Carson Palmer, the Cincinnati Bengals' professional football quarterback with a nine-year, $119 million contract and a $24 million signing bonus for an average of $31.6 million per year.

LeBron James, of the Cleveland Cavaliers NBA team, came in at No. 6 with $28.6 million in S&E.

Number 7 was Derek Jeter, the New York Yankees all-star shortstop, who made $28 million in S&E. And, Jeter's teammate, Alex Rodriquez (A-Rod), was No. 8 with $27 million in S&E.

Number 9 was NASCAR champ, Dale Earnhart, Jr. who earned $26 million S&E.

The 10th top money earner was the former Atlanta Falcons' quarterback, Michael Vick, now with the Philadelphia Eagles, with S&E of $25.4 million.

The top earning female professional tennis player was Maria Sharapova with earning of more than $20 million, primarily as the marketing engine for nine companies, including Land Rover, Cole Haan, and Tiffany & Co.

English professional soccer player, David Beckham, signed a $250 million, 5-year deal with the Los Angeles Galaxy, including S&E.

Now that the data is in for 2009, I have decided that I will come back as a pro golfer with extraordinary talent and will blow Tiger Wood's record out of the water. Have you decided what you would like to be next time around?

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