BOXING champion Manny Pacquiao is ranked among the world’s top 50 highest-paid athletes, tied for 24th with Brazilian soccer star Kaka of Real Madrid, with earnings of $25 million the past year, according to Forbes.com.
Tiger Woods, who is winless for the last 20 months and has plummeted from No. 1 to No. 13 in the world rankings, remained the highest-paid athlete in the list with earnings of $75 million, well ahead of LA Lakers star Kobe Bryant who made $53 million.
Kurt Badenhausen, who wrote the story for Forbes.com, said the earning figures were derived from salaries, bonuses, prize money, appearance fees, licensing and endorsement income in the 12 months ending May 1. Taxes and agents’ fees were not deducted.
Pacquiao, an eight-division champion, easily retained his World Boxing Organization light welterweight crown against former three-division champion Shane Mosley last May 7 (May 8 in Manila) at the MGM Grand in Las Vegas.
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