April 17, 2024
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Sports Business
Cash Flow of a PGA Golfer
Mike Vogel | 5/1/2011
 |
| Income | |
| Tour earnings | $1.25 million |
| Endorsements | $4.0 million |
| Gross income | $5.25 million |
| Expenses | |
| Agent fees | $525,000 |
| Attorney fees | $262,500 |
| Golfer's salary | $250,000 |
| Accounting/financial | $105,000 |
| Lodging/meals | $90,000 |
| Caddie | $62,500 |
| Golf coach | $50,000 |
| Travel/transportation | $39,000 |
| Retirement plan | $32,500 |
| Entrance fees | $30,000 |
| Trainer/ massage therapy/ chiropractor | $25,000 |
| Golf psychologist | $25,000 |
| Office expense/ telephone/ internet | $12,000 |
| Payroll taxes | $10,499 |
| Income taxes/ other taxes(Federal/ state/ FICA/ Medicare/ self-employment) | $1,444,491 |
| Total expenses | $2,963,490 |
| Net cash flow | $2,286,510 |
