Tiger Woods went from making $92 million in endorsements in 2008 to $70 million in 2009 -- and this news has been widely discussed by major news outlets. Excuse me if I don't cry. Forbes magazine lists Woods' pre-tax income in 2009 at around $110 million. (This amount includes endorsements, prize winnings at tournaments and overseas appearance fees.) But, Sports Illustrated says that Woods has made more than $90 million already in the past 12 months. I'm sure he'll be all right after his $22 million in losses.
It's really not rational to discuss the financial consequences of a multimillionaire's financial decline when most people will not see even a $1 million in their lifetime. But, let's be completely real for a moment.
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Top Ten Sexiest Black CEOs
10. Tiger Woods: CEO of Tiger Woods, Inc.
Woods might have gotten into trouble with his wife, but the dozen or so women who seemed to be madly in love with him can't be wrong. As CEO of Tiger Woods, Inc., the platinum golfer presides over a billion-dollar brand.
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Top Ten Sexiest Black CEOs
10. Tiger Woods: CEO of Tiger Woods, Inc.
Woods might have gotten into trouble with his wife, but the dozen or so women who seemed to be madly in love with him can't be wrong. As CEO of Tiger Woods, Inc., the platinum golfer presides over a billion-dollar brand.
Top Ten Sexiest Black CEOs
9. Rodney O'Neal: Chief Executive Officer and President, Delphi
At 56, Rodney O'Neal still has the charm and good looks of a man half his age, but the sexy power that only a seasoned captain of industry can flaunt.
Top Ten Sexiest Black CEOs
8. Kenneth I. Chenault: Chairman and Chief Executive Officer of the American Express Company
At 58 years young, Ken Chenault is one of the smoothest and well-regarded CEOs of any color in corporate America.
Top Ten Sexiest Black CEOs
7. Dr. Farrah Gray: Author and Co-CEO of Realty Pros Real Estate Asset Management
It's easy to be sexy at the age of 26, but what makes Farrah Gray extra attractive is the stack of accomplishments he has achieved at such a young age.
Top Ten Sexiest Black CEOs
6. Russell Simmons: CEO of Rush Entertainment and Phat Pharm
Russell keeps his sexy by staying connected to youth culture, veganism and yoga. You've gotta love him!
Top Ten Sexiest Black CEOs
5. Tina Wells: CEO of Buzz Marketing Group
Playboy.com was the first to recognize that this vibrant young woman is both intelligent and sexy. The site praises Ms. Wells for her combination of toughness and charm. Perfect combination!
Top Ten Sexiest Black CEOs
4. Sylvia Rhone: Former CEO of EastWest Records and Elektra Records
While technically no longer a CEO, Sylvia Rhone is so sexy and so accomplished, that we had to include her on the list. Her great accomplishments in the realm of the music business continue to this day.
Top Ten Sexiest Black CEOs
3. Clarence Otis, Jr.: CEO of Darden Restaurants
You might not know the appealing Clarence Otis, Jr., but we are sure you adore his food. As the CEO of Darden Restaurants Otis oversees eateries we love like Red Lobster and Olive Garden at the highest level.
Top Ten Sexiest Black CEOs
2. Sean "Diddy" Combs: CEO of Bad Boy Entertainment
We love Diddy for many reasons. The money, the power and the fame are part of it. But his lifestyle that is the perfect combination of street and high-end keeps us fascinated.
Top Ten Sexiest Black CEOs
1. Iman: CEO of Iman Cosmetics
At 54, Iman is as stunning as she was the day she started modeling in 1976. Beautiful inside and out, Iman proves that gorgeous goes well with executive power. We salute you!
Top Ten Sexiest Black CEOs
Tiger Woods is not hurting financially and neither are his agents or his representatives. That $22 million represents about 25 percent of his annual income, so there is plenty more where that came from. Plus, even though Woods lost $22 million in endorsement deals since the fallout from his extramarital affairs, his income has actually been on a decline since it peaked in 2008. That year he earned about $128 million.
As his marriage fell apart, Woods lost endorsements deals with Accenture, AT&T and Gatorade. The Gatorade deal was for $100 million extending into 2012, Accenture was for $7 million a year and the AT&T contract made up the difference. Both Gillette and Tag Heuer plan to limit the use of Woods in ads but have not completely withdrawn their from contracts from him. There is a chance that Tiger could eventually win these endorsement deals back and more, if he gets his game back and public sentiment swings his way.
Woods has been the
highest earning athlete for the past seven years, and he is still ranked among the most popular. Through scandals and great financial losses, he remains on top. For the time being at least, the Tiger Woods brand is alive and well.
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Comments: (15)
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By: Nancy on 8/06/2010 9:53AM
And the ni**a ain't gettn pooty tang. Ha!
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By: NICKI MINAJS BIGGEST FAN on 8/12/2010 10:10PM
TO ALL YOU LONG LETTER WRITING RACIST IM SORRY FOR YOUR CHILDHOOD AND YOUR PARENTS!ALL THE LONG WORDS YOU ARE USING PROVES YOU ARE SICK IN THE HEAD POSSIBLY ARE NEXT SERIAL KILLER,THANK GOD FOR OBAMA,AND THE FIRST LADY IS BLACK TOO.NOW TIGER WOODS HIS BLOOD IS NOT PUMPING RICH BLACK BLOOD LIKE O.J SIMPSON.LAY WITH DOGS GET UP WITH FLEEZ!THAT GOES FOR T.OWENS,RAY J,NUMBER 85 JOHNSON,BURRRRRR!I ALMOST LEFT OUT REGGIE BUSH.
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By: NICKI MINAJS BIGGEST FAN on 8/12/2010 10:15PM
STOP LAUGHING NANCY THAT W.... W.... LOVER STILL GOT SOME MONEY TO TRICK WITH ALL MEN TRICK EVEN YOURS!LOVE NICKI MINAJ BIGGEST FAN!!!YOU GET ME!
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By: DbBobb4 on 8/14/2010 11:50AM
leave that man alone so he made a mistake, he is young and I bet int he future he will not make that mistake again, the best lesson are the ones paid for. He has not done anything that ohters have not done look at MJ,Charles Barkley just to name a few He is still the greatest black golfer in the world and you can't take that away from him
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By: mae on 8/15/2010 1:27PM
F tiger woods he made his bed now lay in it . I do not feel sorry for him at all. That is what he gets for marrying a white girl. brothers allways go for them when they make it big. and for saying Obama is screwing everybody the white man has been screwing everybody since the begining of time and they are tell doing it.
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