NEW YORK – Undefeated boxing superstar Floyd Mayweather was named the highest-paid athlete in sports Wednesday by Forbes magazine, bumping off 2013 winner Tiger Woods by amassing $105 million in net revenue.
Mayweather also topped the list with $85 million in 2012, ending 14-time major golf champion Woods’ run atop the 100-athlete list from 2001-2011. This time, Mayweather joined Woods as the only ones to top $100 million on the Forbes list, thanks to victories over Canelo Alvarez last September and Marcos Maidana last month, and did it with only 72 minutes of work and with no endorsement income.
“I’m humbled and extremely fortunate to be recognized by Forbes as the highest-paid athlete once again,” Mayweather said. “I’m doing something no other athlete is doing, promoting myself and seeing my hard work pay off in the form of record-breaking numbers.”
“It’s all about hard work and dedication which is so important and a key part of my financial success.”
The magazine measures endorsement income as well as prize money and salary payments from June 1 of one year to the next. Woods, who also lost his world number one status in golf last month to Australian Adam Scott, lost ground due to the end of a video game deal and a pinched nerve that required surgery March 31 and kept him out of the Masters and this week’s US Open.
Mayweather’s win over Alvarez set pay-per-view records with $200 million in total revenue, although his 2007 victory over Oscar de la Hoya remains the most watched fight in boxing history.
Mayweather, who has been paid nearly $400 million since turning pro in 1996, has three fights remaining in a six-bout deal with Showtime he signed last year.
Real Madrid star Cristiano Ronaldo, set to play for Portugal in the World Cup that opens Thursday in Brazil, leads 15 footballers in the top 100 and ranks second overall with $80 million in earnings.
It includes $28 million in endorsement income from 11 sponsors as well as the five-year deal worth $200 million he signed with Real Madrid last September… see more