07 Jun 2013

Forbes' list of highest-paid athletes

Tiger Woods is back on top of the world - in more ways than one.
The iconic golfer returned this year to the world No 1 spot he had held for so long until his self-imposed exile from the game December 2009.
And now the 37-year-old is back at the top of Forbes' annual list of the world's 100 highest paid athletes.

Show me the money: Woods is back at the top of the Forbes list
Show me the money: Woods is back at the top of the Forbes list

Power year: Woods, seen at left in his trademark red shirt at a tournament in Ohio last weekend, has attended a number of events (including the Met Ball at right) with his new girlfriend Olympic skier Lindsey Vonn
Power year: Woods, seen at left in his trademark red shirt at a tournament in Ohio last weekend, has attended a number of events (including the Met Ball at right) with his new girlfriend Olympic skier Lindsey Vonn
Power year: Woods, seen at left in his trademark red shirt at a tournament in Ohio last weekend, has attended a number of events (including the Met Ball at right) with his new girlfriend Olympic skier Lindsey Vonn

The American has earned $71.8million in the last year. The vast majority of which came from endorsement deals worth $65million and the remaining $13.1million came from winnings. 

Woods was top of the list for 11 consecutive years until 2012, when he was usurped by Swiss tennis star Roger Federer.

This has been a year of rehabilitation for Woods, who has come out from seemingly self-imposed hiding after the fallout from his multiple extramarital affairs surfaced.

Silver and bronze: Tennis star Roger Federer came in second with $71.5million and basketball legend Kobe Bryant made $61.9million
Silver and bronze: Tennis star Roger Federer came in second with $71.5million and basketball legend Kobe Bryant made $61.9million
Silver and bronze: Tennis star Roger Federer came in second with $71.5million and basketball legend Kobe Bryant made $61.9million

Meeting of the money makers: LeBron James went over to greet David Beckham after the soccer star watched the Miami Heat's game on June 3. James made $59.8million and Beckham made $47.2million
Meeting of the money makers: LeBron James went over to greet David Beckham after the soccer star watched the Miami Heat's game on June 3. James made $59.8million and Beckham made $47.2million, making him the highest-earning Brit on the Forbes list in 8th place

Now he is very publicly dating Olympic skier Lindsey Vonn, and the two have attended a number of red carpet events together including the annual ball at the Metropolitan Museum of Art. 

Though Vonn is wealthy in her own right from her endorsement deals following Olympic medals, she did not make the cut of Forbes' top 100 athletes.
 
There were only three women who did actually make the list. Though Maria Sharapova is currently ranked number two to Serena Williams in the tennis world, Sharapova beat her by a wide margin in the Forbes list as the Russian blonde came in 22nd with $29million while the younger Williams sister ranked 68th with $20.5million. 
 
While Federer may have had his money crown taken back by Tiger, he still came in second place over all on the Forbes list, earning $71.5million.

On and off the court: Maria Sharapova is ranked second in tennis to Serena Williams, but Sharapova made $8.5million more than the number 1 champ last year
On and off the court: Maria Sharapova is ranked second in tennis to Serena Williams, but Sharapova made $8.5million more than the number 1 champ last year
On and off the court: Maria Sharapova is ranked second in tennis to Serena Williams, but Sharapova made $8.5million more than the number 1 champ last year

The next four spots are held by Americans who are at the top of their fields: Kobe Bryant and LeBron James came in third and fourth with $61.9million and $59.8million respectively. 

The basketball stars are following closely by two football stars: Drew Brees and Aaron Rodgers with $51million and $49million respectively.
 
Baseball is the most represented sport on the list with 27 stars present. There are athletes from 11 different sports represented, hailing from 23 different countries.

The highest represent Brit on the list is David Beckham in eighth, having taken home $47.2million last year. 

The former England captain is also the highest placed footballer, just ahead of Cristiano Ronaldo in ninth and Lionel Messi in 10th.

The World’s Top 10 Highest-Paid Athletes:


RankAthlete    SportTotal ($m)Salary/winnings ($m)Endorsements ($m)
1Tiger Woods Golf 78.113.1 65.0
2Roger Federer Tennis71.5 6.5 65.0
3Kobe Bryant Basketball61.9 27.9 34.0
4LeBron James Basketball59.8 17.842.0
5Drew Brees American Football51.0 40.011.0
6Aaron Rodgers American Football49.0 43.06.0
7Phil Mickelson Golf48.74.744.0
8David Beckham Football47.25.242.0
9Cristiano Ronaldo Football44.023.0 21.0
10Lionel Messi Football41.320.321.0

Megabucks Premier League stars earned £1.8billion

Yaya Toure is one of league's highest earners
Megabucks ... Yaya Toure is one of league's highest earners
 
Clubs splashed a record amount of money on players' wages - an increase on the £1.66billion paid out a year before,

Yet the bills are set to rise even further as clubs make an extra £600million in TV money next year, a report said.

The top tier of English football retains its status as the world's wealthiest league with clubs expected to earn more than £3 billion of revenues in 2013/14.

Rooney pockets around £250,000 a week
Striking rich ... Rooney pockets around £250,000 a week
 
Manchester City was the best paying club during 2011/12, with wages of £202 million, while Swansea City was the lowest, handing its players £35million

And despite pressure on clubs to contain megabucks handouts to players, they are expected to plough around £480 million of the extra TV cash into wages.

Half of the clubs in the top tier made a profit in the 2011/12 season, with clubs earning a combined £98million of operating profits - four per cent of total revenues.

Alan Switzer, director in the sports business group at Deloitte, said: “The Premier League clubs have agreed to a system of enhanced financial regulations, designed to improve the sustainability of its clubs.

Torres estimated to earn £170,000 a week
Minted ... Torres estimated to earn £170,000 a week
 
“The successful implementation of these rules, coupled with the imminent boost to broadcast revenues, could provide huge benefits to the long-term development, growth and stability of the game and its clubs.”

Manchester United earned the most in 2011/12, with revenues of £320 million, while Wigan Athletic earned the lowest at £53 million.

Aston Villa spent the biggest slice of its revenues on wages, at 94 per cent, while Norwich City spent just 49 per cent the lowest in the top tier.

Clubs spent an average of 70 per cent or £1.7 billion of their revenues on wages in 2011/12, the report revealed.

Swansea paid least out in wages in 2011/12
Bargain ... Swansea paid least out in wages in 2011/12
 
And they are set to receive an average of £73million from TV rights this coming season, up £25
million.

The report said: “If historic trends are repeated, increasing revenues will absorb about 80 per cent (£480 million) of the extra revenue.”

Clubs in the Championship, the second tier of English football, spent 89 per cent of revenues - or £422 million - on wages, up 11 per cent on the season before.
The next wealthiest league was Germany’s Bundesliga.

Dan Jones, partner in the sports business group at Deloitte, said: “Despite operating in a challenging economic environment, English club football’s profile, exposure and increasingly global interest have continued to drive revenue growth for the top clubs.”

DUIT