Tiger Woods Net Worth
Tiger Woods net worth and career earnings: Tiger Woods is an American professional golfer who has net worth of $760 million and an annual salary of $50-60 million. The accolades he has earned are too numerous to list in their entirety but some highlights include: 14 professional major tournaments, 71 PGA Tour events, he has been ranked #1 for more consecutive weeks than any other player, he has the lowest scoring average of all time, he has been crowned PGA Player of the year 9 times, Sports Illustrated’s Sportsman of the year twice, and AP Male Athlete of the year 4 times, just to name a few. Tiger’s first big source of revenue, not surprisingly, is from winning tournaments.
Since turning pro in 1996 Tiger has earned $92.8 million from 239 career PGA starts. But as with most of the great athletes like Michael Jordan and Lebron James, the real bulk of Woods’ fortune comes through endorsements. In his first professional year, at the age of 21, Tiger signed deals with Nike and Titleist worth $40 and $20 million respectively. Woods’ corporate relationships have grown at an exponential rate.
He has expanded his Rolodex of sponsors to include Gatorade, American Express, Asahi, General Mills (Wheaties), Golf Digest, Rolex, Gillette, Accenture, Tag Heuer, AT&T, EA Sports, NetJets, Upper Deck, TLC Laser Eye Centers and Buick.
Tiger Woods Career Earnings Year By Year:
Gatorade has taken their relationship one step further, developing a custom branded drink for Woods called “Gatorade Tiger”. The Gatorade deal is a 5 year contract worth $100 million. Woods earns $20 million to endorse Gillette along with fellow super star athletes Roger Federer and Thierry Henry. Tiger commands $10 million to design golf courses all over the world. He has projects under way in North Carolina, Dubai and Mexico. Aside from the money he earns winning a tournament, Tiger is often paid personal appearance fees of up to $1.5 million just to show up! Tiger Woods married Elin Nordegren in 2004.
Woods and Nordegren’s first child, a daughter named Sam Alexis Woods, was born in 2007, and their son, Charlie Axel Woods, was born in 2009. An infidelity scandal involving Tiger rocked the couple and eventually led to the end of their marriage. With the controversy surrounding Tiger’ divorce from Elin Nordegren, his game and his relationships with sponsors has suffered, costing him millions in potential earnings.
Between June 2017 and June 2018 Tiger Woods earned $44 million between salary and endorsements.