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July 10-Tiger Woods will become world's first billionaire athlete by 2010

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  • July 10-Tiger Woods will become world's first billionaire athlete by 2010

    NEW YORK (AFP) - Tiger Woods is on pace to pass one billion dollars in career earning by 2010, becoming the world's first billionaire to accumulate his fortune by playing sports, says Forbes Magazine.

    The 14-time major championship winner earned 115 million dollars in 2007 alone, said the American magazine which annually ranks the world's richest people with its Forbes' Celebrity 100 list. English footballer David Beckham was the No. 2 sportsman on the list with earnings of 65 million dollars.

    "It will be an unprecedented occurrence," the magazine said. "There are plenty of billionaires who have excelled at sports like Switzerland's richest man and champion sailor Ernesto Bertarelli. But there are no billionaires who accumulated their fortune by playing sports."

    The magazine goes on to say in its Wednesday edition that while tycoons like Bill Gates accumulated his wealth by holding a stake in a company with soaring profits, Woods is unique because his massive fortune was earned through pay cheques.

    Woods is a sports marketers' dream, having earned more than 750 million dollars in endorsement deals to date in his career. At 32, Woods has won 50 tournaments faster than any player and is closing in on Jack Nicklaus' record of 18 major championship wins.

    The nine-time PGA player-of-the-year is extremely popular and likeable. When he is playing in a tournament, television ratings increase by at least one third and often more—like his recent stunning victory at the US Open in San Diego.

    He has lucrative endorsement and sponsorship deals with companies like Nike, Buick and Gillette which help make up nine-tenths of his totals earnings and will land him 90 million dollars in 2008, says Forbes.

    Nike Golf registered over 600 million dollars in sales in 2007. The American shoe giant didn't even have a golf line of shoes and clothing before it signed Woods to a contract in 1996.

    Gatorade is also launching a new line of sports drinks, called Gatorade Tiger.

    Woods is expected to miss the remainder of the golf season, while he recovers from knee surgery. He captured the 2008 US Open in a playoff despite playing with a torn ligament in his left knee.
    SOURCE
    Originally posted by CWCooper810
    I can be called a "stan" or what not, I even have a backwards E tattooed on my back.

  • #2
    Tigers is THE man
    Download my new mixtape "Public Axis Vol. 1" http://www.sendspace.com/file/7527jn
    New Beats: www.soundclick.com/axisproductions
    Mixing/Mastering available! PM for details.

    Comment


    • #3
      sucks for lebron and jay-z since jay was gonna try to make lebron the first billionaire athlete, the tiger beat him to it

      Comment


      • #4
        lmfao cool
        LOST
        THEN I NEVER WANT TO DIE
        I... I WANT TO LIVE FOREVER










        8.12.04

        Comment


        • #5
          cool...

          Comment


          • #6
            cool
            ima do me.

            Comment


            • #7
              Golf sucks

              Prem League & Tennis>>>>>

              Woods probs make about 40% from playing, the rest are just sponsors
              I ain't a desperado I'm desperate to hit the lotto and meet a model who can put a smile on my face like Mcdonalds

              Comment


              • #8
                1 billion dollars for playing a sport that you love, Tiger's living the dream that's for sure.
                Originally posted by HIP JOINT View Post
                Golf sucks
                Prem League & Tennis>>>>>
                Woods probs make about 40% from playing, the rest are just sponsors
                lol, idiot..

                Originally posted by red rum View Post
                He has lucrative endorsement and sponsorship deals with companies like Nike, Buick and Gillette which help make up nine-tenths of his totals earnings and will land him 90 million dollars in 2008, says Forbes.

                aka "Loyalty"

                Comment


                • #9
                  damn!

                  Comment


                  • #10
                    Fer-Shizzle...

                    I'm so far ahead of my time
                    I'm about to start another life
                    Look behind you, I'm about to pass you twice



                    - Jay-z

                    Comment


                    • #11
                      Golf sucks, but you gotta love the Tiger, I wish he was my dad
                      "So, get this. I took his dress eyebrows."
                      "He’s not gonna be happy about that."
                      "No. Especially when he goes to the opera with two moustaches on his forehead."

                      A tv character > Gob... Come on!

                      Comment


                      • #12
                        Takes a nation of millions to hold us back, but when ya boy reaches a billion it's a wrap. Off of [golf]? Yeah!
                        @yeldarb367

                        Comment


                        • #13
                          i remember reading an article sayin the same thing only it was 3 years ago, but it said 2010 still
                          I get so high you might see me laugh at something I seen on the turned off TV. I sprinkled kief into a Fonto leaf when I wake I chief before I brush my teeth, for real.

                          Comment


                          • #14
                            Tiger Woods should be a role model for all you n1ggaz.
                            ░█▀▀ ░█▀█ ░█ ░█▀▀ ░░█▀▀ ░█▀█ ░█ ░█ ░░░
                            ░█▀▀ ░█▀▀ ░█ ░█ ░░░░█▀▀ ░█▀█ ░█ ░█ ░░░
                            ░▀▀▀ ░▀ ░░░▀ ░▀▀▀ ░░▀ ░░░▀░▀ ░▀ ░▀▀▀ ░

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                            • #15
                              Tiger is the man
                              "Let no man seperate what we create"
                              "Makaveli 1996"

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