A few days before the 2023 Masters, we have decided to take an in-depth look at Tiger Woods’ career. This includes Woods’ net worth, earnings from his career and endorsement deals.
Tiger Woods net worth estimated at over $1 billion
Tiger Woods embarks on another Masters week with the goal of winning his 16th major championship and sixth green jacket. Arguably the greatest golfer of all time, Woods will compete this week at Augusta National Golf Club, Georgia, a happy hunting ground for him throughout his illustrious career.
Tiger earned his last green jacket in 2019 with his remarkable win, which goes down as one of the greatest comeback stories in sports history. Going into the 2023 Masters this week, Woods is priced at +7500 to win outright with the best overseas betting sites. Eliminate the big man at his own risk!
Heading into another compelling week of Masters, we here at SportsLens have decided to take an in-depth look at Tiger Woods’ net worth, career earnings, and endorsement deals. Tiger Woods’ net worth is estimated to be around $1.1 billion.
The 47-year-old is worth an absolute fortune and has made a huge amount of money in the 27 years he has been a professional golfer. 82 PGA Tour wins and 15 major championships will, of course, have helped him a lot.
Forbes now estimates his net worth to be at least $1 billion, based on his lifetime earnings, making him one of only three known billionaire athletes. The others are NBA superstars LeBron James and Michael Jordan. The great Tiger Woods is not bad company at all.
Since winning his first golf tournament in 1996, the year he turned pro, Tiger has earned hundreds of millions of dollars. More on Woods’ career earnings later in this article.
Woods’ net worth has improved a lot throughout his career through ventures off the golf course as well. His two main incomes outside of the golf course come from real estate and endorsements. Again, more on this later. However, to mention now, Woods’ endorsement deal with Nike is a 27-year partnership that has paid the golf superstar hundreds of millions of dollars.
Now, Woods’ net worth could rise yet again with another stellar performance at The Masters this week. The 15-time Grand Slam champion has made so much money in his career that it almost makes no sense at this stage. However, he certainly has the hunger and drive to succeed and wants to win every golf tournament he plays in.
Tiger Woods net worth figure according to forbes.com
Tiger Woods Career Earnings
The great Tiger Woods has won 82 PGA Tour events and 41 European Tour events, which of course includes 15 major championships. Since he turned pro in 1996, Tiger Woods has continued to earn big money as his career has progressed.
He won his first event the same year he turned pro, as well as capturing his first major championship in 1997 at the Masters. Forget course earnings for a minute, on the PGA Tour alone, Tiger Woods has earned $120,954,766 according to pgatour.com.
To have won over $100 million on the PGA Tour alone is pretty amazing. Not to mention the fact that he, of course, has also made millions on the European Tour. Although triumph, injury, scandal, failure and triumph again filled the intervening years, Woods has amassed a great deal of money throughout his career.
Through all his hardships and personal problems, Woods has maintained his supremacy as one of the highest-earning athletes in the world. The 47-year-old has raked in more than $1.7 billion in endorsements, salaries and other income over the course of his 27-year career. This is more than Forbes has tracked.
Offers of endorsement and sponsorship of Tiger Woods
One of Tiger Woods’ main income throughout his career comes from endorsements. As soon as Woods turned pro in 1996, he’s been a Nike athlete ever since. Most of Woods’ fortune comes from surreal endorsement deals with more than a dozen brands.
Some of these include Gatorade, Monster Energy, Rolex, and TaylorMade. Of course, Nike remains his biggest sponsor and has done so since the start of his career more than 27 years ago.
When Woods originally signed his contract with Nike in 1996, it was worth $40 million over a five-year period. According to essentialsports.com, Tiger’s next contract came in 2001, which was more than double his initial contract.
Tiger’s third contract with Nike came in 2006 and lasted until 2013. He then signed an extension and is still with Nike to this day. His current endorsement deal with Nike is estimated to be worth around $200 million.
In 2013, Woods’ agent said, “We’re comfortable with where we ended up and the career path Tiger will have with Nike.”
All of these endorsements, along with his earnings on the golf course, are major factors in the growth of Woods’ net worth. There is no golfer who has made anywhere near the amount of money that Tiger has, and he probably never will. Period. Woods’ closest challenger is his good friend and fellow Nike athlete, Rory McIlroy. Even so, the Northern Irishman still has a long way to go to reach Tiger Woods levels of wealth.
As of today for The Masters, Scottie Scheffler remains the betting favorite to win back-to-back green jackets with the best sports betting apps. Rory McIlroy, Jon Rahm and Jordan Spieth are also among the favorites to win the 2023 Masters. McIlroy is priced as the +700 second favorite with the best offshore sportsbooks to complete his career Grand Slam. and win his first green jacket.
What a week of golf we have on our hands from Augusta, beginning Thursday April 6th. Let’s cross our fingers that the tournament lives up to expectations!
Be sure to claim the various golf betting offers and free golf bets available on the SportsLens site ahead of the Augusta National Golf Club Masters 2023.
