Author Topic: WOW Pacquiao: 8th Richest Athlete  (Read 172 times)

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WOW Pacquiao: 8th Richest Athlete
« on: October 14, 2010, 12:56:28 PM »
Pacquiao: 8th Richest Athlete

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Written by Dex McLuskey / Bloomberg   

Manchester United is the richest team in sports, while Tiger Woods is the highest-earning athlete, according to Forbes magazine.

English Premier League soccer team Manchester United is worth $1.84 billion and Woods, the top-ranked player in the world, earned $105 million in the year through June, Forbes said.

Four US teams follow United in the ranking. The five-time Super Bowl champion Dallas Cowboys is No. 2 with a value of $1.65 billion, $50 million more than the New York Yankees, who last year won a record-extending 27th World Series title. The National Football League’s Washington Redskins ($1.55 billion) and

New England Patriots ($1.36 billion) round out the top five.
Woods is the only athlete to have surpassed $1 billion in career earnings, Forbes said in October. The 14-time winner at golf’s four major championships has seen his endorsement income slump by $22 million to $70 million since he admitted in December to marital infidelity, according to Sports Illustrated. Woods earned $90.5 million in 2009, said.

Woods was ditched as a pitchman by Accenture Plc., AT&T Inc., Gillette razors and Gatorade  after details about his private life emerged following a November car crash outside his Florida home. He hasn’t won a tournament since.

Mayweather and Pacquiao
Boxer Floyd Mayweather ranks second on the Forbes list behind Woods, with $65 million in annual earnings. Mayweather, who aptly uses the nickname “Money,” has held six world titles in five weights and is undefeated in 41 fights.

Mayweather is the World Boxing Council welterweight champion. A deadline for the 33-year-old American to agree to fight World Boxing Organization welterweight champion Manny Pacquiao of the Philippines in November expired on July 17 without Mayweather accepting the terms.

Ring magazine ranks Mayweather and Pacquiao, who is eighth on the Forbes list with annual income of $42 million, as the two best pound-for-pound fighters in the world.

Kobe Bryant of the Los Angeles Lakers is the third-highest paid athlete, with an income of $48 million.
Bryant was last month voted the Most Valuable Player of the National Basketball Association (NBA) Finals for the second-straight year as he helped the Lakers to win a 16th title.  In this year’s playoffs, the 31-year-old Bryant averaged 29.2 points and six rebounds, compared with career averages of 25.3 points and 5.3 rebounds.

*If you are not good in sports, you might as well be in business and create your own wealth.

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WOW Pacquiao: 8th Richest Athlete
« on: October 14, 2010, 12:56:28 PM »
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