True story! Fifteen to twenty years ago, Earl earned over 300K a year! He had 200K in sponsorship then (50K each with four companies). This went on for several years. He used to complain that if he was a golfer he would be making five to ten time as much. He was right, but I would tell him he wasn't doing too bad anyway. He did get a healthy settlement from that million dollar deal.
Don't ask me where all that money went. Let's just say someone spent it. Earl and his then wife lived very good in those days. I don't care who you are, you better plan for the future. Some do and some don't.
Today there are several of the top players who earn well over 100K and even 200K a year. They work hard for their money, traveling all over the world. It is a combination of sponsorship, endorsements, personal appearance, lessons, product sales and tournament winnings that earns them this income. Even gambling in challenge matches can augment this income if you play good enough (see below). You know who all these guys (and a few gals) are.
It's not an easy life, but I guess it's better than digging ditches. One player we all know and love has a very healthy bank account at a young age and lives a good lifestyle. He's a pretty smart kid who handles his money wisely. Very doubtful he will ever go broke. Of course he plays pretty sporty too. His name is Shane. :smile: