- Source of Wealth: Basketball
- Nationality: United States
The Top-Earning NBA PlayersAccording to Forbes, Floyd Mayweather tops the list of 100 highest-paid athletes in the world between 2011-2012, losing out Tiger Woods who has been hailed by Forbes as the highest earning athlete from 2001-2011. Woods landed in the third rank with total earnings of $59.4 million. Mayweather got a huge payday amounting to a total of $85 million for his fights against Victor Ortiz with $40 million and Miguel Cotto with $45 million. He is part of the 4 biggest non-heavyweight pay-per-view events throughout the boxing history. He owns the Mayweather Promotions which he uses to promote his fight thereby increasing his earnings substantially.
The total earnings of the athletes are derived from their bonuses, salaries, appearance fees, prize money, endorsement and licensing from June 2011 until June 2012, according to Forbes. The athlete’s agent’s fees and taxes were not deducted from their earnings.
Let’s look at the top ten highest paid basketball players:
#1. LeBron James
Total Earnings between June 2011 to June 2012: $53 millionSalary/winnings: $13 millionEndorsements: $40 million ( Nike, McDonald’s, Coca-Cola, State Farm and others)
#2. Kobe Bryant
Total Earnings between June 2011 to June 2012: $52.3 millionSalary/winnings: $20.3 millionEndorsements: $32 million
#3. Dwight Howard
Total earnings: $25.6 millionSalary/winnings: $14.6 millionEndorsements: $11 million
#4. Kevin Durant
Total earnings: $25.5 millionSalary/winnings: $12.5 millionEndorsements: $13 million
#5. Dwyane Wade
Total earnings: $24.7 millionSalary/winnings: $12.7 millionEndorsements: $12 million
#6. Carmelo Anthony
Total earnings: $22.9 millionSalary/winnings: $14.9 millionEndorsements: $8 million
#7. Amar’e Stoudemire
Total earnings: $22.7 millionSalary/winnings: $14.7 millionEndorsements: $8 million
#8. Kevin Garnett
Total earnings: $21.1 millionSalary/winnings: $17.1 millionEndorsements: $4 million
#9. Chris Paul
Total earnings: $19.2 millionSalary/winnings: $13.2 millionEndorsements: $6 million
#10. Tim Duncan
Total earnings: $19.1 millionSalary/winnings: $17.1 millionEndorsements: $2 million
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[See full list on Forbes.com]