Highest Paid Retired Athletes Still Making Millions

by Sameer Arshad | Posted on Sunday, March 30th, 2014 | 0

People often complaint that all these high profile super star of sports are hugely overpaid, uneducated, ego maniacs and if you are one of those please stop reading here. We all know athletes make huge money during peak times of their careers but today we are going to bring you 10 highest paid athletes who are still making huge money through endorsement deals and public appearences after their retirement. One of those names makes $90 million a year through nike endorsment and he was retired 2 decades ago, any guess ? well lets read through the page.

Greg Norman net worth#10. Greg Norman – $16 million a year
Sport: Golf
Retired: 2011

A massive business empire which Greg setup after his playing days. “Greg Norman” Estates is a house hold name in USA plus many eother ndorsement deals and sponsorship partnerships with companies like johny walker, Pacific Links etc. Greg made around $16 million in 2013 from his business vetures.
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Wayne Gretzky#9. Wayne Gretzky – $17 million a year
Sport: NHL
Retired: 2000

Gretzky is a former canadian hockey player, had a very successful career and retired back in 1999. He setup his own wine business and once he hung up his gloves he worked out a fortune through his wine venture. Last year he made around $17 million morever he still enjoy many endorsement deals being the greates canadian hockey player.
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Gary Player Net worth#8. Gary Player – $17 Million a year
Sport: golf
Retired: 2009

78 year old Gary Player is perhaps one of the greatest golfers in the world, he was still playing professional golf till 2009. Gary is famously known as the golfer who is making way more money after retirement than in the peak of his career. Apperently he designs golf courses and that business is doing great with more than 30 new designs pending plus a few highy profile sponsorships racked up $17 million in 2013 alone.
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Magic Johnson#7. Magic Johnson – $20 million a year
Sport: NBA
Retired: 1994

The guy was a champion on basketball courts, Johnson went on to win 5 NBA Championships during his massive career and retired in 1994. Though his real stream of income was just getting started as he setup a massive business empire “Magic Johnson Enterprises” he owns 31 burger kings franchises, 4 theatres in 4 different cities, had 5% share in LA Lakers and most notable sold his 105 franchises of starbucks to the parent company for around a $100 million. In 2013 he made around $20 through his business ventures.
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Pele Total income#6. Pele – $20 Million a year
Sport: Football
Retired: 1977

The greatest footballer to have graced the beautiful game, Pele retired since forever, 1977 to be precise but not before he won 3 world cups for Brazil. Pele has always been making appearences for world cup promotions and racks in quite a few millions every year, this year World cup is taking place in Brazil and he is in demand. Reportedly he will be able to make $25 million in and around world cup plus his recen emirates commercial with Ronaldo.
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shaquille o'neal Salary 2014#5. Shaquille O’Neal – $20 Million a year
Sport: NBA
Retired: 2011

Big shaq recently retired from sport but not once he setup a legacy which is hard to follow for the new athletes. He has many endorsement deals still under his belt while their are licening deals with companies which racks him around $20 a year in his post retirement.
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Jack Nicklaus net worth#4. Jack Nicklaus – $27 million a year
Sport: Golf
Retired: 2005

74 year old Jack is one of the most famous and probably the greatest golfer to have played the game. His very own golf course design company which was registered back 1970s has designed more than 375 golf courses around the world and guess what there is no stopping him as another 50 odd designs are pending. His yearly income is around $25 to $30 milliona a year.
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David Beckham Career Earnings#3. David Beckham – $35 million a year
Sport: Football
Retired: 2013

famously known as “Golden balls” in united kingdom, David Beckham is the most well known football he made so much money on the back of his stardom through endorsement deals and what not. He is one of those money making mechines still keep working post retirement. Last year with all those commersials and sponsorships with companies like H&M and Coty cologne, Beckam made around $35 millions. Whats more he is all set to unveil his very own MLS franchise in Miami.
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Arnold Palmer Net worth#2. Arnold Palmer – $40 million
Sport: Golf
Age: 84

Another legend of the sport, Palmer is still making milliosn through his affiliation and licensing contracts which racked up around $40 million last year. Which was most productive year in terms of income for Arnold Palmer.
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Michael Jordan Career earnings#1. Michael Jordan – $90 million
Sport: NBA
Age: 51

Michael Jordan has this most expensive nike endorsement deal used for any athletes, Nike has to pay a cut of money made by any shoe, shirt sold under the Jordan brand which itself became a big business worth more than $2 billion. Plus all these endorsement deals with longterms partners racks up roughly $90 million a year.

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Formula one fan, blogger, designer and entrepreneur. Knows thing or two about a thing a two of sports, tweak codes, make cool infographs.



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