Tiger Woods earnings were down 50% before arrest

Tiger Woods used to be one of the most famous golfers in the world, but in recent years he's fallen into the shadows of the sporting world.

But last weekend, during the Memorial Day day holiday in the USA, Woods raced back into the headlines, but not for the right reasons.

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The sportsman was arrested for 'driving under the influence' in Florida.

He later claimed a bad reaction to medication was the cause.

Woods has not won a major golf championship since 2008 and hasn't had a tour win since 2013.

As a result of this his earnings have dropped massively - Woods once had an estimated net worth of $1 billion.

He had earned more than $100 million (£77.6m) annually but he is now making less than half than that per year.

Last year the 41-year-old earned more than $45 million (£35m) in endorsement deals and his net worth is now at around $740 million (£57.4m).

However Nike, one of the biggest sportswear companies in the world, has remained loyal to Woods and in 2013 the company signed a $100 million deal with him.

Critics have called on the brand to drop Woods but Nike have yet to comment on the events of last weekend.

Despite all of this he is still ranked the 12th highest paid athlete of last year - losing the Nike deal could have a huge impact on this for 2017 though.

Highest-earning dead celebrities
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Highest-earning dead celebrities
MJ may have died over six years ago but his legacy still lives on. The King of Pop made $115m this year, but how? Cirque du Soleil in Vegas showcasing Michael Jackson One is one of the source's of Michael Jackson's cash flow but the Mijac Music catalogue and music sales also contribute.
Elvis pulls in most of his money from ticket sales at his Graceland home. Now it may seem surprising that this rock and roll legend could generate that much income from tours of his home, but it makes more sense when you realise a regular adult ticket will set you back $77!
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Bettie Page was one of America's iconic pin-up girls, even gaining the nickname 'Queen of Pinups' thanks to her trademark look. The model was also one of the earliest Playmates of the Month to feature in Playboy magazine. Page now makes most of her money at the hands of fashion, clothing and lingerie lines. 
Theodor Geisel was responsible for some of the quirkiest and best-loved cartoon characters and children's book heroes. The artist and author published his works under the title of Dr.Seuss with some of his most famous creations including The Lorax, The Grinch and The Cat in the Hat still netting him money to this day. 

Not to be confused with the award-winning film director of the same name, Steve McQueen was, at one point, one of the highest paid film stars in the world. Some of McQueen's most famous films include The Thomas Crown Affair, The Magnificent Seven and The Great Escape. His image is still used in adverts and commercials, bringing in $9 million worth of revenue. 

James Dean was a certified heartthrob and cultural icon of the 1950s who sadly died in a car accident at the age of just 24. His iconic image has been used throughout the last 60 years in a variety of ways all of which have been bringing in the cash. Most recently Dean's image was featured on a designer Dolce & Gabbana tshirt. 

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