Woods remains top in earnings
Source: Agencies |
January 1, 2011, Saturday
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Print Edition
Print Edition
TIGER Woods has once again ended a calendar year as golf's top earner, despite suffering a pay cut of US$48 million after losing his swing and his marriage and failing to win a single tournament.
The American world No. 2, who celebrated his 35th birthday on Thursday, topped Golf Digest magazine's annual list for 2010 with overall earnings of US$74.2 million. Of that, only US$2.29 million came from tournaments with the rest accumulated through endorsements and appearance fees.
Fellow American Phil Mickelson was second with total earnings of US$40.18 million, followed by Arnold Palmer (US$36 million), Greg Norman (US$30 million) and Jack Nicklaus (US$25.17 million).
Jim Furyk, who got a US$10 million bonus for winning the PGA Tour's season-long FedExCup in September, was sixth on US$23.58 million.
Other players in the top 50 included South Africans Ernie Els seventh (US$21.5 million) and Gary Player eighth (US$15.01 million), Briton Lee Westwood ninth (US$14.73 million) and Ireland's Padraig Harrington (US$11.61 million).
Overall earnings were compiled by Golf Digest through interviews with agents, players, executives of companies, industry analysts and also via the official money lists of the leading professional tours.
In 2009, Woods led the standings with a mind-boggling US$121.9 million but his earnings have dipped following his unexpected fall from grace after a sex scandal. The 14-time major champion spent much of 2010 unsuccessfully trying to repair his marriage and also undergoing the fourth swing change of his career.
His troubles led such firms as AT&T and Accenture to end sponsorship deals, costing Woods up to US$35 million in annual revenue. He ended his PGA Tour season without a single title for the first time since he turned professional in 1996 and was deposed as world No. 1 by Westwood on November 1.
The American world No. 2, who celebrated his 35th birthday on Thursday, topped Golf Digest magazine's annual list for 2010 with overall earnings of US$74.2 million. Of that, only US$2.29 million came from tournaments with the rest accumulated through endorsements and appearance fees.
Fellow American Phil Mickelson was second with total earnings of US$40.18 million, followed by Arnold Palmer (US$36 million), Greg Norman (US$30 million) and Jack Nicklaus (US$25.17 million).
Jim Furyk, who got a US$10 million bonus for winning the PGA Tour's season-long FedExCup in September, was sixth on US$23.58 million.
Other players in the top 50 included South Africans Ernie Els seventh (US$21.5 million) and Gary Player eighth (US$15.01 million), Briton Lee Westwood ninth (US$14.73 million) and Ireland's Padraig Harrington (US$11.61 million).
Overall earnings were compiled by Golf Digest through interviews with agents, players, executives of companies, industry analysts and also via the official money lists of the leading professional tours.
In 2009, Woods led the standings with a mind-boggling US$121.9 million but his earnings have dipped following his unexpected fall from grace after a sex scandal. The 14-time major champion spent much of 2010 unsuccessfully trying to repair his marriage and also undergoing the fourth swing change of his career.
His troubles led such firms as AT&T and Accenture to end sponsorship deals, costing Woods up to US$35 million in annual revenue. He ended his PGA Tour season without a single title for the first time since he turned professional in 1996 and was deposed as world No. 1 by Westwood on November 1.
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