
USA Today via Reuters
Jun 11, 2024; Pinehurst, North Carolina, USA; Sergio Garcia laughs as he looks over the 8th green during a practice round for the U.S. Open golf tournament at Pinehurst No. 2. Mandatory Credit: Katie Goodale-USA TODAY Sports

USA Today via Reuters
Jun 11, 2024; Pinehurst, North Carolina, USA; Sergio Garcia laughs as he looks over the 8th green during a practice round for the U.S. Open golf tournament at Pinehurst No. 2. Mandatory Credit: Katie Goodale-USA TODAY Sports
Former Ryder Cup player Sergio Garcia has been slipping in the OWGR, but not on the earnings list. The golfer, after the switch to LIV Gof in 2022, has constantly struggled with his world ranking. Despite his multiple wins at the LIV schedule, he ranks 509 in OWGR. But with his performance and recent triumph, he is now slowing down with his increase in career earnings.
With a total of 38 career wins, including the recent win at LIV Golf Hong Kong, the golfer has received a huge increase in earnings. Speaking about his performance, he shared, “I knew that I had to play well. My goal from the beginning of the day was to shoot 5-under, and when I got to 5-under, then I had to make a new goal, and I was like, okay, let’s try to make a couple more in the last eight holes because I got to 5 on 10.” The Spaniard with his -5, -6, and -7 rounds sealed the victory and a whopping prize of $4 million.
Apart from his win this year, the yearly earnings on course for the golfer have increased since 2022. The golfer on the PGA Tour in 2019 earned $1.7 million, which later saw a decline as the earnings stood at $658,935. The earnings had a major share from the victory at the Sanderson Farm Championship, which was $1,188,000. But the major jump came in 2022, as he garnered $42 million in total as per Forbes in August 2022. Though the signing bonus with LIV is not disclosed, as per a few reports, it is expected to be $40,000,000. The bonus has the majority chunk for the golfer in 2022. In 2023, he was also a part of the list of the world’s highest-paid athletes of Forbes with $46 million in earnings. The switch to LIV Golf has been the major turning point for the golfer’s wealth, as his two wins in the Saudi league have helped with $4 million each. Last year he won the LIV Golf Andalucia, while this year he won the Hong Kong event.
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With $54 million in earnings from the PGA Tour and more than $60 million approximately from LIV Golf, the Spaniard has a whopping net worth of $70 million. Even on average, he earns $2,176,337 each year. Apart from on-course earnings, a great portion of his wealth also comes from his brand partnership and endorsements.
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Sergio Garcia’s brand partnerships
The former World No.2 has been among the top names in sports. Well, this has not just helped him with offers from leagues but has also helped him get new partnerships with brands. Garcia, who turned professional in 1999, signed a contract with Adidas then. Additionally, he also joined hands with Callaway in 2018, which ended in 202o as he switched to TaylorMade after that.
Besides the two, the partnership list goes long, including Adidas Golf, OMEGA, UBS, Credit Suisse, Goodr and Covert Auto Groups. He has been associated with Adidas for almost 25 years now and to commemorate that brand dedicated their well-known golf equipment in his honor. However, the brand had split with the golfer back in 2023.
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Sergio Garcia's ranking plummets, but does his $70 million net worth make up for it?
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Additionally, the golfer has also been involved in philanthropy. In 2002, he started the Sergio Garcia Foundation “for the purpose of contributing to the social inclusion of economically deprived children and youth through social assistance benefits and the practice of sport as a free-time activity.” With huge earnings, the golfer has also focused on helping others.
Despite all the increase in earnings and wins, the golfer is currently aiming to get back to the Ryder Cup. Even he thinks with his performance, he will get in the eye of the captain. Will he get a place in the team? What do you think? Share your thoughts with us in the comments below.
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Debate
Sergio Garcia's ranking plummets, but does his $70 million net worth make up for it?