Rory Mcilroy is widely considered as one of the best golf players today and certainly the highest paid in golf. although his recent form has taken a slight dip that did not stop him securing another massive endorsement deal. Rory Mcilroy who already had a 10-year deal with Nike worth $100 million, he now bagged another $100m (£77m) deal with golf equipment company “taylormade”. These two deals will sky rocket his yearly off-course income to around $40 million a year. We take a look at his total net worth and all the big contracts under his belt.
Rory Mcilroy Net Worth: $250 million
Mcilroy is by far the highest paid golf player active today and that is largely down to his massive off the course earnings which also elevate him in the top 10 highest paid athletes in the world.
He has several lucrative endorsement deals where Nike’s 10 year contract worth $100 million and recently signed equipment deal with taylormade worth $100 million stands out.
Amazingly his yearly income of $40 million a year comes from mostly endorsement deals and only around 10% to 15% comes from official prize money pools of golf tournaments.
We take a look at his yearly income and the potential net worth which already stands beyond $250 million mark making him one of the most marketable athlete in world sport.
Career Prize Money: Since turning pro Rory Mcilroy has made over $30.6 million from PGA tour tournaments (winning 11 PGA titles) and another $32 million from European tour tournaments (wining 13 european tour titles) and that is 62.6 million in prize money alone. However this is just a change compared to what he makes with off the course endorsement deals. Now we take a look at his lucrative sponsorship/endorsement deals.
Endorsement Deals: Rory Mcilroy has several high profile endorsement deal with 10 year deals with Nike and TaylorMade bringing him around $20 million a year each. While deals with other local and international brands also fetch him close to $10 million.
|NIKE||Signed initial 5 year contract with Nike in 2013 which was worth around $20 million a year. However in April 2017 Nike and Mcilroy extended the contract to further 10 years financially worth $100 million over the course of 10 year deal.|
|TaylorMade||Since Nike stopped making golf equipment, Mcilroy was free to negotiate equipment deal with any other company and in comes another 10 year equipment deal with golf manufacturer TaylorMade who will be paying around $100 million to Mcilroy for using their equipment over the span of next 10 years.|