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The sport with the top paid athlete varies when there is one superstar who dominates. It was Michael Jordan in the late 90's, Michael Schumacher (Formula 1 race driver) in 2000-2002 and Tiger woods since 2003. Although Golf, Soccer and Auto Racing have the top superstars, basketball has more athletes in the top 20 (5) than golf (4) or soccer and auto racing (3).
Annual Earnings Including endorsements 2007-08
The International 20 and Fortune 50 (Americans) Celebrity from athletes in Fortune survey.
2. Formula 1 auto racer,Michael Schumacher, made $70 Million (about the same as Tiger Woods) in 2002 and Michael Jordan in 1999.
Sources:
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Number of athletes in The Sports Illustrated American top 50:
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Number in Forbes Top 100 celebrities list Basketball 5 Golf 4 Tennis 4 Auto Racing 4 Soccer 2 Baseball 1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Other notable athletes not listed: Danica Patrick (auto racing),Lewis Hamilton (auto racing),Venus Williams (tennis),Andy Roddick (tennis),Freddy Adu (soccer)
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Average Salaries for major league athletes (2006):
* Basketball (NBA) $5,000,000 * Baseball (MLB) $2,800,000 * Football (NFL) $1,250,000 * Hockey (NHL) $1,500,000 * Men's Golf $973,495 * Women's Tennis $345,000 * * Men's Tennis (ATP) $260,000 * * Women's Golf $162,043 * Basketball (WNBA) $52,000 * Minor league baseball $850-$2,000/mo or $4,250-$10,000/season* There are more men playing professional tennis (av. rank = 90) than women (av. rank = 40). - Tiger Woods has raised the purses for everyone in men's golf. Source:freemoneyFinance.com |
Percentage of Revenue that goes to Athletes:
NFL 62% NBA 57% NHL 56% MLB 52% ATP 26% (tennis)Source: Tennis Magazine, Apr. 2009 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Surveys conducted by talent agency Davie Brown and Marketing Evaluations, compute the Q score ratings used by potential advertisers when considering which celebrities to use in their spots. Top 10 Jan. 2007 1. Tiger Woods 2. Michael Jordan 3. Muhammad Ali 4. George Foreman 5. Lance Armstrong 6. Magic Johnson 7. Shaquille O'Neal 8. Joe Montana 9. Terry Bradshaw 10. Andre AgassiCurrent examples in tennis are Maria Sharapova who has a high Q Score and Roger Federer who has a low Q Score.
In an Article at the Harvard Business School,"The Economic Value of Athlete Endorsers", by Anita Elberse, says: |