Unlike many other celebrities and public figures who make money practically out of nothing, athletes well deserve their huge paychecks. They work hard to achieve the desired results, results that not only speak highly about themselves, but also about the country and team they represent. The total earnings of athletes are not only derived from their salaries, though. Bonuses, appearance fees, prize money, endorsement and licensing all add up to make them rich. Here are the top 5 richest athletes in the world as of 2012.
1. Floyd Mayweather
Floyd Mayweather, who also goes by the nickname Money, is the highest paid athlete in the world at the moment. The nickname suits the boxer like a charm, since he has earned no less than $85 million just for two fights. The 35-year-old may be the richest athlete in the world, but he cannot enjoy his money at the moment, since he is retained in Las Vegas for domestic battery.
2. Manny Pacquiao
Earning $62 million this year from both salaries and endorsements, boxer Manny Pacquiao is the second richest athlete of this year. Even though he lost the WBO welterweight title to Timothy Bradley, Manny still managed to earn significant amounts of money. Endorsement contracts with Nike, Monster Energy, Hennessy and HP also contributed to this sum. Boxing must be a profitable sport!
3. Tiger Woods
Golfing legend Tiger Woods lost his spot as the richest athlete in the world after 10 years of holding the supremacy. Even though he was ranked as the wealthiest person in sports from 2001 until 2011 inclusively, Woods was only ranked third this year. His career started to fade following the golfer’s tumultuous divorce. However, he still earned $59.4 million this year, out of which $55 million came from his contract with Nike.
4. LeBron James
Basketball star LeBron James is the fourth wealthiest athlete in the world as of 2012, topping all the other 12 basketball players included in the top. The Miami Heat player had total earnings of $53 million this year. Besides his salary, the 27-year-old basketball player made a lot of money after scoring a contract with Fenway Sports Group. Other endorsement campaigns he has made include companies such as Nike, Coca-Cola, and McDonald’s.
5. Roger Federer
ATP World No. 1 tennis player Roger Federer is a lucky gay. He was a blossoming career, he is the best at what he does, he has a beautiful family, and is the fifth richest athlete in the world. This year, Federer earned $52.7 million. The 30-year-old’a endorsements include Rolex, Nike, Credit Suisse, and Wilson.
These are the top 5 richest athletes in the world as of 2012. The other athletes who made the top 10 are:
9. Kobe Bryant
10. Phil Mickelson
11. David Beckham
12. Cristiano Ronaldo
13. Peyton Manning
For a complete list of the richest athletes in the world as of 2012, click