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Monday, December 7, 2009

Tiger Wood’s $100 Million Car Crash


Tiger Woods is a money machine, and, while many fans might think he earns most of his money by winning golf tournaments, it's his outside endorsements and commercial ventures that bring in 90 percent of his money.

He's made an estimated $ 1 billion in endorsements in his 13-year career, the most of any athlete ever, far eclipsing Michael Jordan's athlete-as-mega-business model of the 1990s. Sports Illustrated estimates he's now bringing in almost $ 100 million a year pitching products.

What this means: Woods is not just dealing with medical recovery, marital strife and legal headaches following his car crash last Friday morning. Enormous Financial issues are at stake.

Woods has become the $ 100 million-a-year man not only by Consistently winning major championship titles,

but also by translating that into a winning image off the course. He was one of the most recognized faces on the planet, without a Whiff of scandal in his wake. No steroid accusations, tabloid pictures of late-night partying, strippers filing paternity suits, police reports, or any of the other issues that have turned many famous athletes endorsement into pariahs.Read Morehttp://234next.com/csp/cms/sites/Next/Sport/Golf/5492198-146/story.csp

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