Although Tiger Woods’ career has been going down in recent years, the influence and greatness of the American golf legend cannot be denied.
Tiger Woods’ talent and popularity have brought him large amounts of income throughout his career.
Besides prize money from major tournaments, Woods’ income from other areas even exceeds that of his colleagues.
In this article, The Sporting News will provide information about Tiger Woods’ income and net worth.
According to Spotrac, Tiger Woods has earned more than $157 million in prize money throughout his career, including $121 million in official tournaments.
Tiger Woods has 82 PGA Tour wins, with 15 major titles. Therefore, his income also far exceeds that of his colleagues.
In 2022, the PGA Tour created a program called The Player Impact Program, to reward golfers who bring influence to the tournament with dividends, as well as to compete with the huge amount of money that LIV Golf brings. out to attract golfers. This competition is so great that the PGA Tour even imposes financial penalties or competition bans on LIV Golf participants. The PGA Tour’s move helped Tiger Woods bring in up to 15 million USD in profits from dividends that year.
Before The Player Impact Program, the highest amount of money Tiger Woods earned in a year was only 12.2 million USD in 2007. Because of his decline in performance, Tiger Woods only earned more than 100,000 USD from official tournaments. every year from 2020 onwards, but he still ensures large profits from advertising and media contracts.
According to Forbes estimates in 2022, Tiger Woods’ net worth is about 1 billion USD. Tiger Woods has become one of three athletes whose net worth has reached this milestone, besides Michael Jordan and LeBron James.
25 years ago, it might have been unthinkable for a golfer to become a billionaire, but Woods has changed the way the sport is viewed and the type of fans who follow.
Tiger Woods has shown his remarkable ability to make money from promotional contracts, thanks to his popularity and influence on the community. Even the adultery scandals and arrest for driving under the influence of drugs in 2017 did not affect Tiger Woods’ earning ability too much.
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