Tiger Woods Still on Track to be a Billionaire by 2011

Even with the injured knee. This will make Woods the first sports billionaire. At least he doesn't have a hot swedish wife, or an island home, or a huge yacht that costs more than the GNP of Moldova. Then it might be kind of hard to root for the guy to make putts over man-boobed fifty year olds.

"Woods, who won the U.S. Open last month despite a bad knee, is on track to exceed $1 billion in career earnings by 2010 after earning $115 million in 2007, said the American magazine which publishes an annual list of the world's richest people.

Forbes in Wednesday's edition said it would take 32-year-old Woods a bit longer to actually pocket that amount as taxes and management fees eat into his prize and endorsement money."

Yeah, the taxes on $75 million a year in endorsement money just blow.

Tiger Woods to be first billionaire athlete [Reuters]