Richest athletes earn more from product endorsements than playing sports

Rappler.com

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Of the highest earning American athletes listed in Sports Illustrated’s annual “Fortune 50,” nine make more from endorsing products than actually playing their sports. For example, Tiger Woods is considered “96% spokesman, 4% athlete” for earned an estimated US$1.94 million as an golf player and $54.5 million as a product endorser. The other 8 players joining Woods are: Phil Mickelson, Dale Earnhardt Jr., Jeff Gordon, LeBron James, Jimmie Johnson, Tony Stewart and Kobe Bryant.


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