I was thinking about this yesterday after Dustin Johnson won a cool $15 million - to add to the $5.8 million he’d already won this year. So I was daydreaming about what sort of lifestyle that would support, but I realized that $20 million only painted a part of the picture.
I assume pro golfers earn considerable coin from endorsements. And they also get “comped” in various ways - free travel, clothing, meals, etc. But I don’t know any reliable way to estimate such “outside” income.
Also, they have considerable expenses. Some percentage of their earnings goes to their agent. And they pay a percentage of their winnings to their caddies. Then they employ a number of folk - various coaches, trainers, etc. And I’m sure financial advisors. I think golfers have to pay for their own travel to/from events - tho many are sponsored by private air charter firms. And they have to pay for housing while at events.
Don’t get me wrong - I’m not suggesting pro golfers - or any other pro athletes - need a tag sale to be held for them. But I was wondering if it would be possible to compare sports in terms of which sports have the highest net incomes. I also wanted to eliminate outliers like Tiger Woods.
Does a football/baseball/basketball player who earns $20 million a year have expenses similar to a golfer’s? I assume their travel and housing on the road is covered. And I don’t know what their arrangements are WRT private coaches/trainers/nutritionists and the like. And another point, some sports have vastly shorter/longer career expectancies.
I’m also asking about which sports have the highest NUMBER of highly paid individuals. I agree, this is a vague measure. Like I said, there might be a few tennis players raking in big bucks, with hundres who are scrambling. I long thought it would be tough to be sitting on the end of the bench, earning the NBA minimum, while hanging with co-workers who made CRAZY amounts of cash.
Interested in any thoughts/perspectives.