Highest Paid Golfers (Before LIV Team Launched the PGA Tour) – Sportico.com

The world’s best golfers are in Massachusetts this week for the 122nd US Open at The Country Club in Brooklyn. The historic club hosted the 1913 Open, and was immortalized in print and film Greatest game ever playedwhile the 2022 version will instead be the “most difficult game ever”, like some of the 17 banned LIV games golf Players compete with their peers for the first time.

The 10 highest-paid golfers earned $328 million in prize money and endorsements in the 12 months to May 2022, led by tiger wood ($73.5 million) – Who won’t play this week as he recovers from injuries – and Rory McIlroy ($38.4 million), but backed by Saudi Leaf golf Set fire to the financial landscape of the sport moving forward.

The playbook for golfers to make money has been relatively straightforward for decades. Win events – the bigger the better – wealthy corporate marketers have come calling for rich endorsement deals to supplement the prize money or, in the case of the biggest stars, vastly outpace it. Once controversy is avoided, top players can count on the sport to serve as an ATM for decades. The playbook is dead.

LIV Golf offers events with cash prizes more than Twice as much as PGA players earn. Charles Schwarzl received $4 million for winning the inaugural edition of the 54-hole Leaf Golf in London. The top spot in this week’s opening is $3.15 million, up from $2.25 million in 2021, In what is usually one of the most challenging course settings on the tour annually. On Wednesday, the American Golf Association, which organizes the tournament, announced that the total prize money will be increased by $5 million, bringing the total purse to $17.5 million.

For start-ups competing in Saudi Arabia, LIV’s $255 million prize pool and bonuses over eight events in 2022 are the cherry on top for the biggest stars. The competing tour offered entry fees that were said to have exceeded $100 million in cases Phil MickelsonDustin Johnson and Bryson DeChambeau. Our earnings estimates for the one year through May do not include any LIV payments.

The sponsors fled from Mickelson (Amstel Light, KPMG, Workday), Johnson (Royal Bank of Canada), and DeChambeau (Rocket Morting), along with Graeme McDowell (RPC) and Lee Westwood (UPS). Mickelson captured most of the early fallout – from fans and sponsors – when his derogatory comments about Saudis to author Alan Shipnock were revealed. Other golfers who signed up with Greg Norman’s Chain Fronts experienced similar consequences, but the opportunity to earn more than any sponsors could provide for light work was enough to meet the commitments.

“It was a business decision, first and foremost,” DeChambeau He said On Monday, in its first public comment since LIV announced it had joined the rookie tour. “That’s it. It gave me a lot of opportunities outside of golf and gave me more time with my family and my future family.”

The PGA saw the writing on the wall with the LIV and modified its system to try to keep the stars in the fold. Last year I introduced Player Impact, which awarded $40 million in prizes to the 10 players generating the most interest in the sport; PIP is valued at $50 million this year and will open three positions after 2021 Mickelson, Johnson and DeChampeau Laureates committed to LIV.

In 2022, the tour also raised prize money by 16% to a record $427 million and boosted the FedEx Cup total to $75 million from $60 million, with a 20% increase for the winner to $18 million. None of those islands was enough to stop the splits.

SporticoIts earnings estimates, based on conversations with golf industry insiders, include prize money, endorsements, appearance fees, licensing and golf course design work conducted in the twelve months ending May 31.

Woods was the highest-paid golfer ever signed and became a professional in 1996, armed with a five-year, $40 million contract with Nike. Play only two officials PGA Tour events during our enrollment period, but nonetheless earned an estimated $65 million in course support from endorsements, memorabilia, appearance fees, and his course design work. Additionally, Woods ranked first in the inaugural PIP, despite injuries that kept him off the track, and took home the top-tier bonus of $8 million.

LIV did its best to land the biggest star in the game, with a “nine-figure high” bid, according to Norman. “I decided for myself that I support the PGA Tour,” Woods said at the PGA Championship last month. “This is where my legacy is.”

The highest paid golfers in the world

1. Tiger Woods: $73.5 million

cash prize: $8.5 million (including PIP); naturally: 65 million dollars

Swoosh is still in the endorsement stable for Woods, but other names have changed. He has dozens of other sponsorship partners, such as Rolex, Bridgestone Golf, Centinel Spine, Hero, Kowa and Monster Energy.

2 – Rory McIlroy: $38.9 million

cash prize: $10.9 million naturally: 28 million dollars

McIlroy signed a multi-year extension this year with his club and ball sponsor, TaylorMade. Their partnership started in 2017. The 33-year-old won four major titles, but the most recent was in 2014. His third-place PIP hit was $3.5 million.

3. Phil Mickelson: $37.1 million

cash prize: $7.1 million naturally: $30 million

Mickelson’s sponsors didn’t save Lefty until after most of our earnings results period had expired, so endorsement earnings will drop much more than that. In addition to the split, Callaway “discontinued” her relationship with the 45-time PGA Tour winner. Luxury watch brand Rolex sticks to an elephant. Their partnership dates back three decades to 1992.

4- Jordan Spieth: $32.4 million

cash prize: 10.4 million dollars naturally: $22 million

The former world number one ranked as low as 92 in early 2021, but 10 of the top 5 places has since returned him to the top 10. In April, Under Armor announced that it had signed a four-year extension with Texas that was added to the The end of a 10-year agreement signed in 2015. The partnership now runs until 2029.

5. Patrick Cantlay: $28.3 million

cash prize: $23.3 million naturally: 5 million dollars

Cantlay took home the PGA Tour’s biggest cash prize last year, the FedEx Cup. He beat Jon Ram for the Tour Championship to take the winner’s share of $15 million. The 30-year-old has won four Tour titles in the past 12 months, after winning three in his first nine years as a professional. Its sponsors are Marcus, Hugo Boss, Titleist, Footjoy and ADP.

6. Justin Thomas: $26.4 million

cash prize: $13.4 million naturally: 13 million dollars

Thomas gave the discreet golf apparel industry a new look in 2022 when he rocked the golf course, thanks to an endorsement deal with Grayson Clothiers. The right time for a clothing brand. Months later, the American claimed his second major title, the 2022 PGA Championship. Other JT sponsors include Acushnet/Titleist, CITI, Lineage Logistics, Rolex and Whoop.

7. John Ram: $24.9 million

cash prize: $15.9 million naturally: 9 million dollars

Last year, the Spaniard joined Callaway’s support roster, after working with TaylorMade since turning professional in 2016. The Machine Switch didn’t hurt his playing, winning the PGA Player of the Year and Vardon Trophy awarded for the tour’s leading scoring rate. He also earned $5 million for being second in the FedEx Cup.

8. Dustin Johnson: $23.9 million

cash prize: $6.9 million naturally: 17 million dollars

Johnson ranks third in prize money with $74 million, behind Woods ($121 million) and Mickelson ($95 million). His off-track income got a boost from Coca-Cola’s $8 billion purchase of BodyArmor. Johnson joined Sports Drink as a brand ambassador in 2016 and took an ownership stake as part of his agreement. Those shares were valued at about $6 million after the Coca-Cola deal, according to a source not authorized to discuss publicly.

9. Hideki Matsuyama: 22.3 million dollars

cash prize: $6.3 million naturally: 16 million dollars

Matsuyama and his marketing team took a calculated approach to his off-track commitments after his historic master’s degree in 2021. win over This made him the first Japanese player to win a major men’s golf tournament. He added a three-year agreement with the Japanese IT company and the consulting firm NTT Data.

10. Colin Morikawa: 20.1 million dollars

cash prize: $11.1 million naturally: 9 million dollars

A huge success, Morikawa racked up two major wins out of his five tournament victories, including the 2021 British Open, which led to lucrative bonuses from his over a dozen sponsors, such as Adidas, Kowa, Grant Thornton, UGP and US Bank.