To put things into prospective with other industries.........this is from 2006
Nike has inked Tiger Woods to a new contract. Details as to how much dough Tiger got this time haven’t been released but the terms “substantially more than his last contract” have been spoken. Tiger’s last contract was for 5 years at $100 million. “Substantially more” than $100 million is really an insane number, whatever it is.
Astronomical money nuggets
Nike makes about $500 million a year on golf stuff, so the $20 million they were paying Tiger before was certainly a good investment. Interestingly, that $500 million is only 3 percent of Nike’s total revenue.
Tiger made $96.7 million last year, making him the top money making “athlete
For as long as BBing has been around surely they can do better than that!!