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Tiger Woods Owes the Internal Revenue Service $23 Million!

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According to Golf Magic, Tiger Woods would have made almost $60 million in 2021. A sum that makes you dizzy when you consider that the Tiger, who was involved in a life-threatening vehicle accident fifteen months ago, has not competed in any tournament during the calendar year in question.

These 60 million dollars are primarily the product of his fantastic contracts with many companies, most notably TaylorMade and Nike…

Tiger Woods, and a lot of money

Woods was also “offered” a nice envelope containing $8 million dollars at the end of the year, courtesy of the Player Impact Program, which was introduced last season by the all-powerful American circuit.

A nice nest egg that, inevitably and irreversibly, attracts the attention of the United States tax authorities. The victor of each of the fifteen Grand Slam tournaments held between 1997 and 2019 would be paid the equivalent of 65,000 dollars per day, or 23.5 million dollars per year, according to bookies.com.

Tiger Woods Owes the Internal Revenue Service $23 Million!

Most of the top-earning players on the PGA Tour, and particularly those from the United States, are also among the nation’s highest-taxed citizens. Phil Mickelson, for example, is undoubtedly one of them.

The left-hander from San Diego, the oldest winner of a Major (in the USPGA 2021, he would be almost 51 years old), would have paid $ 21.6 million in taxes in the previous year.

We have a clearer understanding of why Lefty would have contacted the LIV Golf Invitational, which is sponsored by Saudi Arabia and which will begin this year from June 9 to 11 in England with an endowment of $25 million (per tournament).

After declaring $44.5 million in 2021 (the year he failed to win even one event for the first time since… 2007), Dustin Johnson only kept $27 million of his winnings.

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What, on the other hand, should he do to quietly conclude his month… LeBron James continues to be the most punctured athlete in the world, across all sports and disciplines.

This would have resulted in the Los Angeles Lakers basketball player losing 58.98 million dollars out of a total of revenues approaching 100 million dollars (96.5 million). The American resides in California, which is one of the states in the United States with the highest rate of income taxation.

It is also for this reason that the majority of the world’s wealthiest golfers have their primary residence in Florida, a state that, unlike California, continues to be the least “greedy” when it comes to taxation.

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