19th Hole
The estimated tax Tiger Woods pays per day revealed
Athletes’ wages comprise much more than just performance pay.
The revenue brought in via advertising, promotions, television rights all count to their income as much as pure talent and numbers, and with US Tax Day just behind us, bookies.com ran the data to find out just how much tax these superstars pay.
- Related: Patrick Reed-linked Twitter account accuses Tiger of getting ’embarrassing’ preferential treatment
Taking 30 of the very highest-paid athletes, the moguls ran their income through the various tax laws in each of their home states to reveal the real winners and losers.
Of the highest taxed stars, the site reveals that 26 of the top-30 are NBA and NFL stars. Topping the list of most taxed according to the pure figures is LA Lakers’ LeBron James.
Forbes reports the 16-time All-Star pick to have earned $96.5 million last year, lending itself to a tax bill of $58.98 million, or just under $140k a day, his numbers exacerbated by his home state, California, the region with the highest income tax rate in the States.
Runner-up, Dak Prescott actually earns more, $107.5 million to be precise, but because he lives in Texas, a place with no additional state duty, he gets away with paying around $42 million, some $16 million less than the NBA star.
Basketball dominates the rest of the top-five with Stephen Curry, Kevin Durant and Russell Westbrook leading the way.
Once again, because of California’s tax rate, both Curry and Westbrook pay over half their salary in tax, combining to pay around $194k per day in revenue. KD, being in New York, gets away lightly with a circa $35 million bill on his $75 million earnings.
So where does golf fit in?
According to bookies.com, sitting just behind the top eight in the chart is Tiger Woods, the man that still moves the needle despite having played once in 18 months.
The 15-time major champion is estimated to have earned around $60 million last year, leading to a tax bill of around $65k per day, or $23.5 million per year.
Tiger’s great rival, Phil Mickelson, is the only other golfer in the top-20 of taxpayers, the man in a self-imposed exile paying $21.6 million in tax over the last twelve months.
Ok, so flip the figures.
The website then listed the top-20 players in order of their earnings after tax, demonstrating how much place of residency can affect net pay.
As suggested above, Prescott now leads the chart with an annual income of $65 million after-tax, with LeBron dropping to third behind Tom Brady, both taking home around $45 million.
Westbrook seems the most affected, another losing over half his income and netting under $28 million, but Tiger goes in the opposite direction, charting in fifth place and keeping over $36 million of his original 60.
Tiger may have a wry smile when seeing Phil’s name disappear off this chart but in comes Dustin Johnson as only the second golfer on this particular list – the number 11 earning $44.5 million and keeping just over $27 million of that.
Eye-watering amounts, for sure.
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19th Hole
“Is it a Titleist?” – Jerry Seinfeld shares never-before-heard details of iconic scene
On Thursday, legendary comedian Jerry Seinfeld joined the Rich Eisen Show and shared an awesome story from a “Seinfeld” episode titled “The Marine Biologist.”
In the episode, a golf ball goes into the blow hole of a whale. According to Seinfeld, that was never in the episode’s script.
Seinfeld recalls saying the night before the filming of the episode, “What if what puts the whale in distress is Kramer’s golf ball?”
“He’s hitting golf balls at the beach. George is at the beach with a girl, we haven’t connected them!”
“We write that speech the night before at two o’clock in the morning…The sea was angry that day my friend.”
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Kramer finishes the iconic scene by asking “Is it a Titleist?” Seinfeld told Eisen the show sought Titleist’s permission to mention its name, saying the ball had to be a Titleist. Fortunately for lovers of the iconic show, the company agreed.
If (somehow) you’re unfamiliar with the scene, check it out below.
More from the 19th Hole
- Phil Mickelson drops big retirement hint; Says LIV will grow the game “on a much more global basis”
- 2-time major champ announces shock retirement from the sport at age of 33
- Tiger explains why golf has “negative connotations” for daughter Sam
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19th Hole
Phil Mickelson drops big retirement hint; Says LIV will grow the game ‘on a much more global basis’
While speaking with Bloomberg, golf legend Phil Mickelson acknowledged that he is inching close towards retirement.
“I’m 53 now,” Phil said, “and my career, you know, it’s — if I’m being truthful, it’s on — it’s — it’s — I’m a — it’s towards its end.”
Mickelson added that one of his focuses now is helping other young players.
“Now, I would like to help others find the same enjoyment and fulfillment that the game has provided me. I’d like them to experience that as well.”
The six-time major champion credited LIV with reaching new markets in golf to help it grow.
“I think that’s exciting for everyone involved in the game because we are going to reach markets that we didn’t reach before. I think it’s going to inspire more golf courses, inspire more manufacturers selling clubs and equipment, but also inspiring young kids to try to play golf professionally. I just see that the game of golf is going to grow on a much more global basis because of the excitement and the presence that LIV Golf has.”
Mickelson is playing at this week’s LIV Singapore and shot a first round 72 (+1).
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19th Hole
Tiger explains why golf has ‘negative connotations’ for daughter Sam
While Tiger Woods’ son, Charlie, has certainly inherited his father’s love for golf, his daughter, Sam, has not.
On Wednesday, Tiger made an appearance on The Today Show with Carson Daly and explained his daughter’s relationship with golf.
“Golf has negative connotations for her. When she was growing up, golf took daddy away from her. I had to pack, I had to leave, and I was gone for weeks. So, there were negative connotations to it.
“We developed our own relationship and our own rapport outside of golf. We do things that doesn’t involve golf. Meanwhile, my son and I, everything we do is golf related.”
The nine-minute interview touches on plenty of other subjects, such as Tiger’s relationship with his late father, Earl.
It’s arguably the most open we’ve seen the 15-time major champion in an interview and is most definitely worth watching.
Tiger Woods sits down with Carson Daly to talk about golf, growing up in Southern California, his father and his new apparel line, Sun Day Red. pic.twitter.com/2TFbSNxzxq
— TODAY (@TODAYshow) May 1, 2024
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- The wild reason why Mark Wahlberg was initially denied entry to an Australian golf club
- 2-time major champ announces shock retirement from the sport at age of 33
- Edoardo Molinari reveals the latest PGA Tour golfer to turn down ‘good offer’ from LIV Golf
New here?
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