Net Worth of 7 Popular Golfers on the PGA Tour
There is a correlation in the golf world when it comes to the net worth of a golfer. The most popular professional golfers are also the richest professional golfers.
In addition to making millions on the PGA Tour, the most celebrated pros are well sought after in the endorsement world. A solid deal to represent a huge corporation can add tens of millions to a golfer’s bottom line.
For former golfers such as Arnold Palmer ($700 million), Jack Nicklaus ($320 million) and Greg Norman ($300 million) their net worth has been greatly enhanced by a post-golf career of designing golf courses and having their own clothing lines.
But for current golfers, they rely primarily on equipment and corporate endorsements for their supplemental income.
Here are seven of the richest golfers currently playing on the PGA Tour.
Tiger Woods Net Worth – $740 Million
With a career that has brought home 14 major titles and $114 million dollars, Woods has built his empire primarily with the help of his multi-million dollar endorsement deals.
Tiger represented AT&T, Buick, Nike and Gatorade during his incredible run in the 2000s. One could certainly argue that Tiger’s original deal with Nike is what catapulted him to superstardom.
Woods signed as the face of Nike in 1996, a five-year deal for $40 million. His Nike commercials showcased his amazing golf ability and a high wattage smile. Over the length of his four deals with Nike, Tiger brought home roughly $300 million.
Although most of the previously listed companies dropped Woods with his very public scandal and subsequent divorce, Nike gave Woods one final contract. The split from his ex-wife Elin Nordegren reportedly cost Woods over $100 million dollars. Woods has recently signed equipment deals with Taylor Made and Bridgestone.
Phil Mickelson Net Worth – $375 Million
Mickelson may trail Tiger Woods significantly in net worth but, according to Forbes, only seven other athletes in history have made the amount of money Phil has over the course of his professional career.
With lifetime earnings of $87 million on the Tour, the California native has padded his pocketbook by signing highly lucrative deals with Callaway, Mobil and several other well-known companies.
Known as the nicest guy on tour, Phil’s only dark secret is a love of gambling. Mickelson is considered the leader of high dollar cash games during Tuesday practice rounds on tour. There are few golfers on tour who don’t have a story of losing thousands to a made putt by Phil on the 18th hole.
Mickelson came under scrutiny in 2017 by the SEC for insider trading. He settled without criminal charges although it was reveled during the investigation that Phil had paid a two million dollar debt in 2012 to a Las Vegas businessman.
Rory McIlroy Net Worth – $110 Million
The 28-year old from Northern Ireland broke upon the golfing scene by posting the lowest total score ever for a US Open at the 2011 event held at the Congressional Country Club.
The dominating win started a career that, to date, has totaled over $54 million in earnings.
McIlroy had perfect timing as his early dominating performances came in middle of the Tiger Woods tabloid affair. Looking to recover their image, Nike scooped up Rory and offered him $20 million per year to shill for the shoe company.
McIlroy also took over the EA Sports golf video game franchise from Woods. Add those endorsements with ones from Omega and Bose and Rory was well on his way to being a nine-figure athlete before his 28th birthday.
McIlroy’s bank account was inflated recently when Nike announced they were getting out of the equipment business. Rory signed a $200 million apparel-only deal with Nike then signed enormous deals to use Taylor Made equipment and Titlest balls.
It hasn’t been all roses for the Irish golfer as McIlroy was sued by his former agents for non-payment of endorsement money from his 2013 Nike deal. Rory settled the dispute for $20 million dollars.
Jordan Spieth Net Worth – $60 Million
The youngest golfer on this list is known for his wire-to-wire win in the 2015 Masters. After winning the green jacket, Spieth became a hot commodity for companies looking to push a product. Under Armour, AT&T, and Coca-Cola quickly signed the Dallas native to huge endorsement deals.
With tour earnings supplemented by his 2016 ten-million dollar win for the FedEx Cup, Jordan has a career total that stands a shade under $30 million.
Spieth’s biggest splurge since winning his millions is a 16,500 square foot mansion in Dallas that features a 12-car garage, an Infinity pool and an elevator, according to heavy.com. Cost of the mansion was $7.1 million.
Dustin Johnson Net Worth – $20 Million
If there is a surprise on this list it rests inside the wallet of Dustin Johnson.
One of the best players in the world doesn’t have the net worth of a Spieth or McIlroy despite having played several more years on the tour than the two young golfers.
The reason is due to off-the-course problems that plagued Johnson’s first several seasons on the PGA circuit. Alleged drug suspensions and a chaotic social life led several endorsement deals to evaporate costing the South Carolina born golfer millions.
That said Dustin has gotten back on track recently by getting married to Wayne Gretzky’s gorgeous daughter Paulina and having children. Johnson has won around $47 million over his 11-year professional career.
Dustin re-signed with Adidas Golf after Under Armour tried to steal the golfer away in late 2016. Reports suggest the multi-year deal is north of $10 million per year.
Jason Day Net Worth – $20 Million
Winner of the 2015 PGA Championship, Day has won over $37 million in his 12-year career.
Although Day has a reported net worth that hovers around $20 million, the 30-year old is one of the hottest golfers on the PGA Tour.
Winner of three tour events in 2016, including the Players Championship, Jason parlayed his successful year into two huge endorsement deals. He remained with Taylor Made, signing a new deal to continue to play their clubs.
The Australian recently signed an apparel deal with Nike that should pay him over $10 million per year.
Rickie Fowler Net Worth – $18 Million
Known for his outlandish and colorful outfits, Fowler has jumped up the charts of richest golfers with his endorsement deal with Puma.
Although Rickie hasn’t won a major, the seven-time winner has earned over $29 million dollars on tour.
Fowler’s biggest off-season move wasn’t re-signing with Puma, it was purchasing a $14.1 million dollar home in the same Florida neighborhood as Tiger Woods, Rory McIlroy and Dustin Johnson. The home stretches more than 11,000 square feet and comes with a par three hole in the front yard.
Total net worth of golfers is courtesy of celebritynetworth.com.
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