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Financials of a pro golfer

23 August 2012

Ever wondered what a pro golfer actually earns? We all see the prize funds they’re fighting it out for on the greens but what about all the extras off the greens? Endorsements require time and effort from players, which is why so many retired pro golfers stay high up in the earning ranks, but when combined with their winnings players really can earn a pretty penny or two.

For ‘on-course’ income we included all money earned on the PGA Tour and the five international tours (Japan PGA, PGA European, Australasian, South African, Asian) and the Champions Tour, LPGA Tour, Ladies European Tour and the Japan LPGA. It also includes unofficial money won through Dec. 11 in non-tour events.

When it comes to ‘off-course’ it  includes estimates of all money earned from endorsements, bonuses, appearance fees, corporate outings, speaking engagements, licensing fees (video games, trading cards, etc.), course architecture, books, instructional videos and businesses that capitalise on a person’s status as a player, such as product lines including clothing, wine and turfgrass. Investments were not included.

So here it is; the top 10 top earners for 2011

1. Tiger Woods

2011 RANK: 1 | ON COURSE: $2,067,059 | OFF COURSE: $62,000,000 | TOTAL: $64,067,059

2. Phil Mickelson

2011 RANK: 2 | ON COURSE: $3,991,564 | OFF COURSE: $38,000,000 | TOTAL: $41,991,564

3. Arnold Palmer

2011 RANK: 3 | ON COURSE: $0 | OFF COURSE: $36,000,000 | TOTAL: $36,000,000

4. Jack Nicklaus

2011 RANK: 5 | ON COURSE: $155,000 | OFF COURSE: $28,800,000 | TOTAL: $28,955,000

5. Greg Norman

2011 RANK: 4 | ON COURSE: $75,118 | OFF COURSE: $22,750,000 | TOTAL: $22,825,118

6. Luke Donald

2011 RANK: 10 | ON COURSE: $13,183,497 | OFF COURSE: $8,500,000 | TOTAL: $21,683,497

7. Ernie Els

2011 RANK: 7 | ON COURSE: $1,409,442 | OFF COURSE: $17,000,000 | TOTAL: $18,409,442

8. Gary Player

2011 RANK: 8 | ON COURSE: $14,486 | OFF COURSE: $16,000,000 | TOTAL: $16,014,486

9. Sergio Garcia

2011 RANK: 11 | ON COURSE: $3,601,441 | OFF COURSE: $12,250,000 | TOTAL: $15,851,441

10. Bill Haas

2011 RANK: NR* | ON COURSE: $14,354,785 | OFF COURSE: $1,000,000 | TOTAL: $15,354,785

You can convert any of these earnings into Rand here.