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On the football field, Denver Broncos quarterback Peyton Manning had a record-setting season in 2013. Off the football field, Manning was just as successful.
The Fortune 50 recently released their list of the highest-paid athletes from 2013, with Manning coming in fifth overall (thanks to the Denver Post for the tip). The annual ranking is compiled by Sports Illustrated and Fortune Magazine.
The earnings are estimated, but the process is fairly dependable:
Our findings consist solely of (pre-tax) salary, winnings, bonuses and paid endorsements (additional earnings athletes get from speaking engagements and their own side businesses are not reflected). For salaries or winnings, we consult players’ associations, tour records, online databases, agents and media reports. Endorsement totals are estimates that come from the players’ agents and a stable of experts and marketing executives, including Burns Entertainment & Sports Marketing.
According to Fortune, Manning earned $37.5 million in 2013, with $25 million coming from football and $12.5 million coming from off-the-field endorsements. That's $6.5 million more than Manning reportedly made in 2012, when he ranked eighth overall on the list with $31 million in total earnings.
Omaha!
The 38-year-old quarterback has deals with companies including Papa John’s Pizza, Gatorade, DirecTV, Buick, and now Nationwide Insurance. Manning recently left Reebok, a company that he had endorsed for twelve years. Peyton has not yet officially signed on with another apparel provider, but he appears to be an Under Armour fan.
Among NFL players, Manning trails only Green Bay Packers quarterback Aaron Rodgers, who reportedly earned $45.8 million in 2013. Ahead of Rodgers on the list is Kobe Bryant with $50.4 million, LeBron James with $57 million, and finally, boxer Floyd Mayweather comes in at No. 1 on the list, earning a "conservative" $105 million last year.
That's a lot of dough (no Papa John's pun intended).
Though Manning is a shrewd businessman, he does not hoard his money. In May, Manning's PeyBack Foundation awarded $1 million in grants to youth-based community agencies. Of that money, $630,000 was awarded to Colorado-based youth charity organizations.