F1 Drivers Among Highest Paid In Sports
#12
04-22-2011, 11:09 PM
Next year it won't be nearly as high, the salary they're referring to includes half of the money Ferrari paid him to get lost. I believe they've already paid him both halves now.
#15
04-22-2011, 11:59 PM
Woods has only two real competitors when it comes to career earnings among athletes: the two Michaels, Jordan and Schumacher, who dominated their respective sports for nearly 15 years. Jordan's earning peaked during his last season with the Chicago Bulls (1998-'99), when he earned $69 million in salary and endorsement income.
Jordan continues to earn $45 million annually, almost entirely from Nike ( NKE - news - people ). We estimate that Jordan has earned $800 million since he entered the NBA in 1984. Annual sales of the Jordan brand are now $1 billion for Nike, so MJ should hit the $1 billion mark in career earnings in the next four to five years.
Schumacher's earnings peaked at $80 million in 2003, when he won his record sixth World Drivers' Championship (he won a seventh title the following year). His $40 million salary was the highest in sports at the time and his income doubled when you factored in endorsements, licensing deals and championship bonuses. Schumacher has earned $700 million, by our count, since his Formula One debut in 1991.
Jordan continues to earn $45 million annually, almost entirely from Nike ( NKE - news - people ). We estimate that Jordan has earned $800 million since he entered the NBA in 1984. Annual sales of the Jordan brand are now $1 billion for Nike, so MJ should hit the $1 billion mark in career earnings in the next four to five years.
Schumacher's earnings peaked at $80 million in 2003, when he won his record sixth World Drivers' Championship (he won a seventh title the following year). His $40 million salary was the highest in sports at the time and his income doubled when you factored in endorsements, licensing deals and championship bonuses. Schumacher has earned $700 million, by our count, since his Formula One debut in 1991.
#19
04-23-2011, 02:43 AM
They are done paying him now.
For two years, Ferrari paid for three top drivers.
Nuts.
