Tiger Woods drops to fifth in Sports Illustrated Fortunate 50
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Tiger Woods drops to fifth in Sports Illustrated Fortunate 50

Tiger Woods was worth $20 million less in fiscal 2013 than he was in 2012.

The world No. 1 placed fifth in Sports Illustrated's annual Fortunate 50 list, coming in at $40,839,027 in total income. While Woods made more money playing golf on the PGA Tour in 2012, he lost $20 million in endorsement money.

Woods had come in first on the list every year since its inception in 2004, until last year when boxer Floyd Mayweather Jr. took the top spot. Mayweather remains first this year, while LeBron James, Drew Brees and Kobe Bryant are ahead of Woods as well. Woods remains one spot ahead of Phil Mickelson. Rory McIlroy checks in at seventh on the parallel International 20 list.

Woods currently has endorsement deals with Nike, Electronic Arts, Rolex, Japanese heat rub Kowa, Fuse Science, Upper Deck and NetJets.

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Ryan Ballengee

Ryan Ballengee is founder and editor of Golf News Net. He has been writing and broadcasting about golf for over a decade, working for NBC Sports, Golf Channel, Yahoo Sports and SB Nation. Ballengee lives in the Washington, D.C. area with his family. He used to be a good golfer.

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