Roger Federer placed 5th on the list

Forbes Magazine has released its official list of highest-paid athletes of 2012. The net worth of these athletes not only comprises of their commissions from matches and games, but also from their numerous endorsements and ad campaigns, bonuses and other salaries for the past 12 months.

Tiger Woods did pretty well. He was able to bring in $59 million under his name between June 2011 and June 2012 – the majority of which came from his Nike endorsement. As of this month, Woods has an estimated net worth of $500 million.

The “People’s Champ”, Manny Pacquiao, did even better. He has earned $62 million – $56 million coming from salaries and winnings, and another $6 million from advertising gigs, including that of Nike, Hennessy, and Hewlett Packard.

But the number one position belongs to Floyd Mayweather. Between June 2011 and June 2012, the boxing champ has raked in a total of $85 million – with earnings coming solely from his salaries and winnings. We haven’t even touched his endorsements!

Here are the full Top 10, in order of earnings:

1. Floyd Mayweather
2. Manny Pacquiao
3. Tiger Woods
4. LeBron James
5. Roger Federer
6. Kobe Bryant
7. Phil Mickelson
8. David Beckham
9. Cristiano Ronaldo
10. Peyton Manning

To see the rest of the Top 20, click here.

[Source: BuzzFeed]