Tiger Woods’ earnings from Nike deal as golf ace earned £500m lower than Ronaldo
The 48-year-old’s settlement with the model goes again to his preliminary £31.38m five-deal with the corporate that he signed all the way in which again in 1996. He put pen to paper on that deal upon turning skilled and wore the agency’s attire on the way in which to 5 Masters Tournament titles.
Across the close to three-decades he spent with Nike, he drew inside three triumphs of Jack Nicklaus’ all-time file for males’s main championship victories – successful 15. However, eagle-eyed observers could have famous that he has performed with TaylorMade golf golf equipment going again to 2016 and FootJoy footwear since his comeback following his automotive accident again in 2021.
His final full contract with Nike was signed again in 2013, with this decade-long deal now having run its course. Their partnership proved significantly profitable for each events in that point, although, with Woods incomes an estimated £392m over these 10 years.
Speaking concerning the resolution to half methods, the resurgent golf legend mentioned: “Over 27 years ago, I was fortunate to start a partnership with one of the most iconic brands in the world. The days since have been filled with so many amazing moments and memories, if I started naming them, I could go on forever.
“Phil Knight’s ardour and imaginative and prescient introduced this Nike and Nike Golf partnership collectively and I need to personally thank him, together with the Nike staff and unimaginable athletes I’ve had the pleasure of working with alongside the way in which. People will ask if there may be one other chapter. Yes, there will definitely be one other chapter. See you in LA”
Likewise, Nike also thanked him for 27 years of partnership, adding: “Throughout the course of our partnership, now we have witnessed together with the remainder of the world, how Tiger not solely redefined the game of golf, however broke obstacles for all of sport. We are grateful to have been part of it. We want him the most effective sooner or later.”
His earnings with Nike were dwarfed by some of the world’s other most recognisable sporting greats in more recent times, however. Former Manchester United and Real Madrid superstar Ronaldo is currently bound to a lifetime deal with Nike and makes an estimated £18.83 million per year as a basic payment via the agreement signed in 2016.
Essentially, the Portuguese icon will earn approximately £780m from the partnership as one of the leading athletes on their books. With Ronaldo boasting 617 million followers on Instagram, for instance, the extra exposure his profile brings has added value for Nike who made over £313.74m from the partnership in 2018.
Likewise, Los Angeles Lakers legend LeBron has an analogous deal in place with the Oregon-based agency and pulls in an estimated £25m yearly as a part of the settlement, as per Forbes. The world-famous basketballer’s enterprise associate Maverick Carter additionally instructed GQ that this lifetime deal – signed in 2015 – is value $1 billion (£780m).