EXCLUSIVE: Tiger Woods Nike earnings compared to Michael Jordan, LeBron James and Roger Federer
Tiger Woods Nike profit contrasted with Michael Jordan, LeBron James and Roger Federer
Tiger Woods has procured countless dollars from his arrangement with Nike throughout 27 years however reported on Monday that the association will reach a conclusion
Tiger Woods declared on Monday that he will end his extravagant agreement with Nike.
The golf legend originally marked an agreement with the widely popular games maker in 1996 when he was as yet a beginner. Woods has proceeded to bring home 15 significant titles, all of which have seen him wear the Nike logo.
Notwithstanding, Woods and Nike both reported in proclamations that their separate organizations would be reaching a conclusion following 27 years. In the time that the arrangement has been set up, Woods has procured countless dollars from Nike.
“A long time back, I was lucky to begin an organization with quite possibly of the most notorious brand on the planet,” Woods wrote in his proclamation on Monday. ” There have been so many amazing experiences and memories in the days since that I could list them all for ever.
“[Former Nike CEO] Phil Knight’s enthusiasm and vision brought this Nike and Nike Golf organization together and I need to actually say thanks to him, alongside the Nike representatives and extraordinary competitors I have had the joy of working with en route.”
“People will inquire if there is a subsequent chapter. Indeed, there will surely be another part. See you in LA! Tiger.”
Tiger Woods
According to Joe Pompliano of Huddle Up, Tiger Woods has earned between $500 million and $660 million from Nike over the course of his 27-year career. Woods has signed four separate sponsorship agreements with Nike during that time, making him one of the brand’s most prominent sponsors for nearly three decades.
In 1996, Woods supposedly marked a five-year bargain worth $40 million – that expanded to $100 million over an additional five years in 2001. In 2006, Woods then concurred an eight-year expansion that was worth between $160 million and £320 million. The latest arrangement Woods gave was in 2013 worth $200 million up 10 years.
However, how does that amount compare to the salaries of other sports stars who endorse the brand?
LeBron James
LeBron James is currently one of the NBA’s most prominent Nike athletes.
James turned into the principal dynamic NBA player to be valued at a billion bucks back in 2022. Forbes reported in 2019 that the Los Angeles Lakers star makes $32 million per season while playing for Nike.
Michael Jordan
Before James, Michael Jordan wore the Nike brand during his profession during the 1980s and 1990s. Jordan additionally has the ‘Air Jordan’ brand inside Nike that sees him procure a huge number of dollars consistently.
Jordan previously marked an arrangement with Nike in 1984 after he was drafted by the Chicago Bulls. That arrangement, which has been running for almost 40 years, has purportedly seen Jordan get $1.8 billion altogether from Nike.
Roger Federer
In tennis, Roger Federer was one of the greatest stars of the game to be supported by Nike during his vocation which saw him bring home 20 Huge homerun singles championships.
Federer agreed to a deal with Uniqlo worth $300 million for ten years in 2018. Before that, Federer had enjoyed over twenty years with Nike, with Pompliano additionally asserting that arrangement saw the tennis star acquire $10 million every year – that would liken to around $200 million in absolute profit from the brand.