Tiger Woods is basically paid huge appearance fees for playing at every event apart from The Majors and WGC events.
Yes, some of the big names are paid appearance fees. Tiger Woods was paid around $3 million to play an event in Australia. Tiger Woods is obviously a special case, but players like McIlroy, Els, Mickelson etc etc would get tens if not hundreds of thousands of pounds to play certain events.
He would not have a salary as such, he would have set incomes from sponsors etc and appearance fees. In 2007 he earned around $120 million.
Unearned Fees appear on the
Yes, some tournaments do not pay him appearance fees - like the majors. Others he is contracted to be there - events sponsored by his sponsors. And others he is paid huge appearance fees. He won the JBWere Masters in Australia in 2009, he was paid $3.3 million just to show up.
On May 31, 2011 Forbes announced that Tiger Woods was the highest paid athlete in the world earning over $75 million in bonuses, prize money and appearance fees.
Fees receivable would appear on the balance sheet as an asset.
Assuming that Tiger Woods would actually have the time to play a round of golf with a general member of the public, they would need to be very very wealthy. It would be at least a couple of million dollars. He is paid massive appearance fees of around $2-3 million dollars just to show up at a tournament.
Football is one of the best paying sports in the world. The broadcast rights, the price on various tournaments, transfer fees, and the advertisement fees make it one of the most lucrative sports in the world.
Some argue it is tiger woods or jack nicholous but Arnold palmar could be in the mix too i say that those three and hogan have been the best who have played the game Hmmmmm. first off you need to work on your spelling. Tiger Woods will definitely be the best golfer ever and break all the records. Jack Nicklaus will probably be considered the most clutch ball striker of all time, with Tiger being the most clutch putter. Palmer was just an awesome guy and Hogan had the prettiest swing. I can't believe you didn't put Sam Snead (most wins all time 82). what about Bobby Jones who just hung up playing to pursue his academic accomplishments. (passed the bar exam after one year studying.) All these guys are/were incredible, but undoubtedly Tiger will be the best ever! HANDS DOWN!
Sponsorships and tournament earnings. Some of the bigger names also get big appearance fees for playing tournaments and doing corporate events.
With appearance fees which can be a couple of million per event, corporate appearances of a couple of million, sponsorships of tens of millions per year and if he wins the event that can be another 1 million plus. Quite a few million per week.