Woods First Athlete to Bank $1B

On-course winnings, appearance fees, endorsement deals put him over the top
By Will McCahill,  Newser Staff
Posted Oct 1, 2009 7:11 PM CDT
Phil Mickelson, left, and Tiger Woods.   (AP Photo)
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(Newser) – Tiger Woods is undoubtedly saving what room is left in his trophy case for the majors he needs to pass Jack Nicklaus, but his latest accomplishment doesn’t come with a trophy anyhow: He’s the first professional athlete to earn $1 billion, Forbes says. The magazine calculated on-course winnings, endorsement deals and the like, and says Woods’ bonus for taking this year’s FedEx Cup put him over the top.