‘No six-figure check coming: Unlike billionaire Tiger Woods, Lindsey Vonn has struggled to build a net worth

As one of the most prolific female alpine skiers, Lindsey Vonn amassed considerable wealth. She has 82 World Cup victories and an Olympic title to her credit, making her the most decorated skier in history. Currently, Vonn’s estimated net worth is $12 million.

ADVERTISING

The article continues below this ad

However, not all of that wealth came from big checks that came with his many titles. On the contrary, his many endorsement deals take credit for it. Skiing, unfortunately, does not count as a fiscally lucrative sport.

ADVERTISING

The article continues below this ad

Lindsey Vonn reveals how much skiers are paid

Olympic champion Lindsey Vonn retired in 2019, after his knees, battered by years of injury, could no longer support his weight on skis. Appearing in a recent interview for Kneading Dough, Vonn revealed the cold truth of competitive extreme sports. They don’t have much earning potential.

“Getting paid by ski racing is very, very difficult,” Vonn said. “It’s a very steep pyramid. If you’re not in the top five or ten in the world, you have a hard time not having to find a second job. Unfortunately, unlike many high-paying sports, competitive skiers cannot rely on competitions to keep them afloat.

“It’s not like golf or tennis, okay? There are no six-figure checks coming to us. In her last Olympic event in Pyeongchang, Vonn notched a bronze medal in the downhill and the prize money was rising at just $15,000. The best skiers can get from competitions is around $30,000.

“Normally it’s around $30,000 before taxes,” Vonn explained. So even as far as they are not in hand. “Usually we’re in another country, so we’re taxed from, you know, Austria or Switzerland or wherever, and then we’re taxed again from the United States. So really, it’s nothing.

DIVE DEEPER

Skiing legend Lindsey Vonn spent $3.4million right after her engagement to the NHL star broke down

about 17 hours ago

Although she is a top athlete like Tiger Woods, she had a very different experience

ADVERTISING

The article continues below this ad

For ski racing, athletes receive their payments from the International Ski Federation. The rules dictate that a minimum of 120,000 Swiss francs, or about $125,500, be distributed to the top 30 athletes. The 30th place athlete receives a check for approximately $200. On the other hand, sports like golf sometimes pay out to the top 60 athletes.

ST MORITZ, SWITZERLAND – MARCH 16: Lindsey Vonn of the United States poses with the Women’s World Cup Downhill Crystal Globe trophy after the Women’s Downhill race on March 16, 2016 in St Moritz, Switzerland. (Photo by Matthias Hangst/Getty Images)

Apparently professional golfers get paid a percentage of the purse for each tournament. 60th place at the US Open in 2011 walked away with $17,000, while the winner received a check for $1.4 million. Tiger Woodsthe golfing legend who dated Lindsey Vonn for nearly three years before splitting in 2015, earned nearly $95 million through 2011.

ADVERTISING

The article continues below this ad

The huge pay gap between sports is becoming glaring as most extreme sports athletes do somewhere about $50,000 to $200,000 per year. By comparison, those who play in the major sports leagues of popular stick-and-ball sports routinely sign multimillion-dollar contracts.

WATCH THIS STORY: When Lindsey Vonn Adorably Tried To Play With Ex-Beauty Tiger Woods

Comments are closed.