: Jun 18, 2012 by admin
His combined payday for the bouts: $85 million.
That helped make Mayweather the world’s highest-paid athlete over the past year, unseating Tiger Woods, who has been the top-earner since 2001. Woods ranks third this year with earnings of $59.4 million.
Mayweather maximizes his earnings by also acting as his own fight
promoter through his company Mayweather Promotions. He collects all of
the revenue from tickets, pay-per-view and sponsorships and covers the
costs, including the purse for his opponent. His take home per fight is
typically at least 50% higher than what his rival Manny Pacquiao earns.
Being a wildly polarizing figure doesn’t seem to have hurt his earnings. He charmed old ladies as a contestant on Dancing with the Stars
in 2007 and provoked outrage with his racially charged, hate-filled
rant against Pacquiao in 2010. His antics create buzz, and the result is
both boxing fans and people who are normally indifferent to the sport
pay up for his bouts. He has been a part of the four biggest
non-heavyweight PPV events in boxing's history. The Cotto fight
generated $94 million in PPV receipts.
Pacquiao ranks second with earnings of $62 million. Over the past 12
months he fought Juan Manuel Marquez and Tim Bradley. The bouts netted
him $56 million, including money he gets from their broadcast in the
Philippines. He also made an estimated $6 million over the past year
outside the ring through endorsements with Nike, Hewlett-Packard, Monster Energy and Hennessy.
Woods’ total earnings dropped $16 million from last year to $59.4
million and have been sliced in half since their peak in 2009. Despite
his collapse in this year’s U.S. Open, Woods is playing much better on
the course and his prize money doubled from the prior 12 months. But the
$2 million bump in prize money does not offset the loss of sponsors
like Tag Heuer and Gillette.
Tiger Woods' golf course design business has struggled like his game. (AP)
Woods’ golf course design business has also struggled. Development of
his Dubai course was shut down last year and the developer of his North
Carolina course, Cliffs Club & Hospitality, filed for bankruptcy in
leads the 13 basketball players that made the cut. James ranks fourth
overall with earnings of $53 million. James, like all NBA players, had
his salary sliced 20% by the NBA lockout, but he continues to make a
mint off the court from sponsors like Nike, Coca-Cola, State Farm and McDonald’s.
James’ income also got a boost when he received cash as part of his
marketing partnership with Fenway Sports Group last year, through which
James received a stake in the soccer club Liverpool.
Thirty football players rank among the 100 highest-paid athletes,
which is more than any other sport. Many NFL players had bonuses delayed
until the summer of 2011 that normally would have been paid in March
due to the NFL lockout. Several players, like No. 30 Eli Manning,
had their 2012 salaries converted into signing bonuses and paid out in
March to alleviate team’s salary cap issues, which further goosed the
number of NFL players in the top 100.
is the NFL’s highest-paid player with earnings of $42.4 million, which
ranks 10th overall. The Indianapolis Colts paid Manning $26.4 million in
2011 even though he missed the season recovering from neck surgery.
Manning joined the Denver Broncos as a free agent in March, when he
inked a five-year, $96 million contract that paid him a $6 million
advance on his 2012 Broncos’ salary. Manning continues to be the NFL’s
top pitchman, earning $10 million annually off the field from Reebok,
Gatorade, Sony, DirecTV, Wheaties and Papa John’s.
Athletes from 11 different sports qualified for the top 100,
including two cricket legends (Mahendra Singh Dhoni at No. 31 and Sachin
Tendulkar at No. 78), as well as track star Usain Bolt, who ranks No.
63 with earnings of $20.3 million. The 100 highest earners made $2.6
billion collectively during the past 12 months.
Our earnings figures include salaries, bonuses, prize money,
appearance fees, as well as licensing and endorsement income for the 12
months between June 2011 and June 2012. We do not deduct for taxes or
Two women made the top 100 (the cut-off was $16.6 million). Maria Sharapova
ranks No. 26 with earnings of $27.9 million. She has long had a coveted
portfolio of sponsors that now includes Nike, Head, Samsung, Tag Heuer
and Evian. Sales for the Maria Sharapova
Collection, her line of products at Nike subsidiary Cole Haan, doubled
last year. Her ballet flat is the best selling female shoe for Cole
Haan. Sharapova has stepped up her play on the court over the past year
and is now the No. 1 ranked tennis player in the world. She completed a
career Grand Slam with her French Open title and earned $5.9 million in
prize money over the past 12 months.
Li Na ranks No. 81 overall with earnings of $18.4 million. She was a
mildly successful pro with three career WTA victories before 2011, when
she reached two Grand Slam finals and won the French Open title. The win
in Paris made her the first Asian-born player ever to win a singles
Grand Slam event. She signed seven multimillion-dollar endorsement deals
after the historic win, in spite of the sluggish overall sponsorship
market. Li shills for Babolat, Haagan-Daaz, Nike, Samsung and Mercedes,
as well as multiple Chinese companies.
1. Floyd Mayweather ($85 million)
2. Manny Pacquiao ($62 million)
3. Tiger Woods ($59.4 million)
4. Lebron James ($53 million)
5. Roger Federer ($52.7 million)
6. Kobe Bryant ($52.3 million)
7. Phil Mickelson ($47.8 million)
8. David Beckham ($46 million)
9. Cristiano Ronaldo ($42.5 million)
10. Peyton Manning ($42.4 million)LifeLock - Make Money!
: May 10, 2012 by admin
Do you want to go back to school and earn a degree that employers actually want?
In their "Job Outlook 2012" report, the National Association of
Colleges and Employers (NACE) uncovered which college degrees are most
wanted by employers in 2012.
The report also noted that the surveyed employers said that they plan
to hire 9.5 percent more new graduates between 2011 and 2012 than they
did between 2010 and 2011.
New York career expert and psychologist, Eileen Sharaga, is not
surprised by these numbers. "Economic reports indicate that employers
are starting to hire," says Sharaga, noting that industries like
accounting, finance, and computer science are seeing a bright hiring
So, how exactly do you get these employers to come after you? While
there are no guarantees that a specific degree will lead to a job, it
might help to know which degrees they are currently targeting.
Keep reading to learn more...
If numerical equations don't intimidate you, you might want to consider earning an in-demand bachelor's degree in finance.
Most Wanted: This facts and figures degree is
definitely on employers' radar, with the 2012 NACE job outlook report
finding that 61.3 percent of surveyed respondents intend to hire finance
Typical Coursework: "Finance majors learn how to
make financial decisions for organizations" with help from courses that
cover topics like planning, raising funds, making wise investments, and
controlling costs, notes the College Board, an educational organization
that administers aptitude tests like the SAT.
Click to Find the Right Finance Program.
Potential Careers & Average Annual Salaries:
It's no surprise this degree is in demand with employers. According to
the U.S. Department of Labor, you could take a variety of career paths
with this degree, including financial analyst ($87,740), personal
financial advisor ($90,900), and insurance underwriter ($67,520).*
Do you like to keep an eye on your budgets and finances? Then
consider studying accounting, an area that employers have their eyes on.
Most Wanted: With 59.3 percent of surveyed employers
planning to hire accounting grads in 2012, according to the NACE
report, accounting majors would do well to keep their calculators and
spreadsheets handy after graduation.
Typical Coursework: "Accounting majors learn how to
gather, record, analyze, interpret, and communicate information about an
individual's or organization's financial performance and risks," says
the College Board. To get a handle on these skills, you'll likely take
commonly offered courses like business law, auditing, and tax
Click to Find the Right Accounting Program.
Potential Careers & Average Annual Salaries: With
a bachelor's degree in accounting, you could learn the skills needed to
help you pursue a career as an accountant ($70,130), auditor ($55,430),
or budget analyst ($71,450).*
Computers, smartphones, and tech gadgets have become necessities in
both our personal and professional lives. That might explain why so many
employers are after techies with a degree in computer and information
Most Wanted: In fact, according to the NACE report,
59.3 percent of surveyed employers have plans to hire computer and
information science grads this year.
Typical Coursework: With this degree, you'll likely
learn about areas like "robotics, natural language recognition programs,
artificial intelligence, programming languages, numerical analysis, and
gaming technology," notes the Princeton Review's "Top 10 College
Majors" list on their website. The Princeton Review is a leading
provider of education support and college preparation services.
Click to Find the Right Computer and Information Sciences Program.
Potential Careers & Average Annual Salaries: With
a bachelor's degree in this tech-savvy area, you could prepare to go
after careers like network and computer systems administrator ($74,270),
computer programmer ($76,010), and computer systems analyst ($82,320).*
Earning a "most wanted" degree never sounded so good.
When you think of robots and roller coasters, what comes to mind?
Fun, excitement, innovation, and engineering... Okay, engineering might
not have been your first thought, but did you know that without talented
engineers and the in-demand degrees linked with them, robots and roller
coasters might not exist?
Most Wanted: Finding people to help build and
purpose these types of thrilling devices and machines is a high priority
for employers - at least that's what stats from the NACE report seem to
indicate. The report found that 51.5 and 50 percent of surveyed
employers plan to hire electrical and mechanical engineers in 2012,
Typical Coursework: Electrical engineering majors
"study electricity: how it works, how it's generated, and how it's used
to power everything from light bulbs and radios to cell phones and
robots," says the College Board. Mechanical engineering majors, on the
other hand, "learn about the machines that bring convenience and
excitement to our lives. They study the physics that make roller
coasters loop and planes fly."
Click to Find the Right Engineering Program.
Potential Careers & Average Annual Salaries: It's
no surprise that employers are after engineering grads. Depending on
which bachelor's in engineering you earn - electrical or mechanical -
you could be prepped to pursue careers like electrical engineer
($89,200), mechanical engineer ($83,550), and sales engineer ($97,320).*
Leader, ambitious, problem-solver...if these are words that describe you, or terms you want
to be associated with - a degree in business administration might be
worth considering. And more importantly, it's a degree that employers
Most Wanted: Employers have their sights on students
with this business degree background, notes the NACE report. To get
into specifics, 48.5 percent of surveyed employers said they plan to
snatch business grads to join their companies this year.
Typical Coursework: "This program prepares students
to plan, organize, direct, and control an organization's activities,"
notes the College Board. And just how do students pick up this
expertise? Probably from commonly offered courses that could include
accounting, business communication, and management.
Click to Find the Right Business Administration Program.
Potential Careers & Average Annual Salaries: With
this "most wanted" degree, students could prepare to pursue careers
like human resources specialist ($58,890), market research analyst
($67,130), and personal financial advisor ($90,900).*
Fans will continue to get their fill of the
Kardashians. E! Network announced that it has inked a $40 million deal
for three more seasons of "Keeping Up With the Kardashians."
that the multimillion-dollar contract makes the deal the richest in
reality TV history, and that family members Kim, Kourtney, and Khloe, as
well as parents Kris and Bruce Jenner, will earn equal pay, and they'll
receive most of the money.
Lesser stars Kendall, Kylie, and Rob
will be paid equally but less than the others. Scott Disick and son
Mason, as well as Khloe's husband, Lamar Odom, will pocket separate
The contract applies only to shows that currently exist
but the deal also secures first-look rights to all the family's
nonscripted show ideas. No word on whether Kanye West
will join Kimmy on
her show next season or if they will cut their own deal for a spin-off.
Kardashian family has turned into a franchise of spin-offs: Five of the
most watched shows in the history of the network are Kardashian
The Season 6 finale was a hit, attracting 3.3 million viewers. It boasted similar audience numbers throughout the season
making it the cable network’s most popular series, with the Kardashians
themselves the source of fascination and fury from fans and detractors
The family has banked on its brand, most obviously with Kim Kardashian's wedding, which number crunchers
have estimated to have given the family a windfall of some $18 million,
including People magazine’s $2.5 million for exclusive rights to
photos, a reported $15 million from E! for a four-hour televised
special, and $100,000 from OK Magazine for exclusive rights to coverage
of the bridal shower.
that the marriage lasted just 72 days, critics charged that the wedding
wasn't reality but a ruse. That, however, didn't seem to hurt
negotiations to keep the show on the small screen
Twitter was abuzz
with the news. IownJD called it "absolutely ridiculous." MishaaaDoll
noted "can't knock their hustle though." Kirstie Alley (yes, that
Kirstie Alley) tweeted, "The Kardashians just inked the richest deal in
reality tv history $40,000,000 ... Kirstie Kardashian...lost sister?"
The Kardashian fam has certainly cashed in on its notoriety. From a range of product endorsements to Kim's mayoral ambitions
to, according to the Daily Mail, perhaps the launch of a show
in London (watch out, Kate Middleton). There's sure to be lots of
news in our future -- let's just hope it's worth $40 million.
: Apr 23, 2012 by admin
A weak labor market already has left half of young college graduates either jobless or underemployed in positions that don't fully use their skills and knowledge.
Young adults with bachelor's degrees are increasingly scraping by in lower-wage jobs
— waiter or waitress, bartender, retail clerk or receptionist, for
example — and that's confounding their hopes a degree would pay off
despite higher tuition and mounting student loans.
An analysis of
government data conducted for The Associated Press lays bare the highly
uneven prospects for holders of bachelor's degrees.
Opportunities for college graduates vary widely.
there's strong demand in science, education and health fields, arts and
humanities flounder. Median wages for those with bachelor's degrees are
down from 2000, hit by technological changes that are eliminating
midlevel jobs such as bank tellers. Most future job openings are
projected to be in lower-skilled positions such as home health aides,
who can provide personalized attention as the U.S. population ages.
Taking underemployment into consideration, the job prospects for bachelor's degree holders fell last year to the lowest level in more than a decade.
"I don't even know what I'm looking for," says Michael Bledsoe,
who described months of fruitless job searches as he served customers
at a Seattle coffeehouse. The 23-year-old graduated in 2010 with a
creative writing degree.
Initially hopeful that his college education
would create opportunities, Bledsoe languished for three months before
finally taking a job as a barista, a position he has held for the last
two years. In the beginning he sent three or four resumes day. But,
Bledsoe said, employers questioned his lack of experience or the
practical worth of his major. Now he sends a resume once every two weeks
Bledsoe, currently making just above minimum wage, says he
got financial help from his parents to help pay off student loans. He
is now mulling whether to go to graduate school, seeing few other
options to advance his career. "There is not much out there, it seems,"
His situation highlights a widening but little-discussed
labor problem. Perhaps more than ever, the choices that young adults
make earlier in life — level of schooling, academic field and training,
where to attend college, how to pay for it — are having long-lasting
"You can make more money on average if you go to
college, but it's not true for everybody," says Harvard economist
Richard Freeman, noting the growing risk of a debt bubble with total
U.S. student loan debt surpassing $1 trillion. "If you're not sure what
you're going to be doing, it probably bodes well to take some job, if
you can get one, and get a sense first of what you want from college."
Sum, director of the Center for Labor Market Studies at Northeastern
University who analyzed the numbers, said many people with a bachelor's
degree face a double whammy of rising tuition and poor job outcomes.
"Simply put, we're failing kids coming out of college," he said,
emphasizing that when it comes to jobs, a college major can make all the
difference. "We're going to need a lot better job growth and
connections to the labor market, otherwise college debt will grow."
region, the Mountain West was most likely to have young college
graduates jobless or underemployed — roughly 3 in 5. It was followed by
the more rural southeastern U.S., including Alabama, Kentucky,
Mississippi and Tennessee. The Pacific region, including Alaska,
California, Hawaii, Oregon and Washington, also was high on the list.
the other end of the scale, the southern U.S., anchored by Texas, was
most likely to have young college graduates in higher-skill jobs.
figures are based on an analysis of 2011 Current Population Survey data
by Northeastern University researchers and supplemented with material
from Paul Harrington, an economist at Drexel University, and the
Economic Policy Institute, a Washington think tank. They rely on Labor
Department assessments of the level of education required to do the job
in 900-plus U.S. occupations, which were used to calculate the shares of
young adults with bachelor's degrees who were "underemployed."
1.5 million, or 53.6 percent, of bachelor's degree-holders under the
age of 25 last year were jobless or underemployed, the highest share in
at least 11 years. In 2000, the share was at a low of 41 percent, before
the dot-com bust erased job gains for college graduates in the
telecommunications and IT fields.
Out of the 1.5 million who languished in the job market, about half were underemployed, an increase from the previous year.
Broken down by occupation, young college graduates were heavily represented in jobs that require a high school diploma or less.
the last year, they were more likely to be employed as waiters,
waitresses, bartenders and food-service helpers than as engineers,
physicists, chemists and mathematicians combined (100,000 versus
90,000). There were more working in office-related jobs such as
receptionist or payroll clerk than in all computer professional jobs
(163,000 versus 100,000). More also were employed as cashiers, retail
clerks and customer representatives than engineers (125,000 versus
According to government projections released last month,
only three of the 30 occupations with the largest projected number of
job openings by 2020 will require a bachelor's degree or higher to fill
the position — teachers, college professors and accountants. Most job
openings are in professions such as retail sales, fast food and truck
driving, jobs which aren't easily replaced by computers.
graduates who majored in zoology, anthropology, philosophy, art history
and humanities were among the least likely to find jobs appropriate to
their education level; those with nursing, teaching, accounting or
computer science degrees were among the most likely.
where unemployment is the highest in the nation, Class of 2012 college
seniors recently expressed feelings ranging from anxiety and fear to
cautious optimism about what lies ahead.
With the state's economy
languishing in an extended housing bust, a lot of young graduates have
shown up at job placement centers in tears. Many have been squeezed out
of jobs by more experienced workers, job counselors said, and are now
having to explain to prospective employers the time gaps in their
"It's kind of scary," said Cameron Bawden, 22, who is
graduating from the University of Nevada-Las Vegas in December with a
business degree. His family has warned him for years about the job
market, so he has been building his resume by working part time on the
Las Vegas Strip as a food runner and doing a marketing internship with a
Bawden said his friends who have graduated are
either unemployed or working along the Vegas Strip in service jobs that
don't require degrees. "There are so few jobs and it's a small city," he
said. "It's all about who you know."
Any job gains are going
mostly to workers at the top and bottom of the wage scale, at the
expense of middle-income jobs commonly held by bachelor's degree
holders. By some studies, up to 95 percent of positions lost during the
economic recovery occurred in middle-income occupations such as bank
tellers, the type of job not expected to return in a more high-tech age.
Neumark, an economist at the University of California-Irvine, said a
bachelor's degree can have benefits that aren't fully reflected in the
government's labor data. He said even for lower-skilled jobs such as
waitress or cashier, employers tend to value bachelor's degree-holders more highly than high-school graduates, paying them more for the same work and offering promotions.
addition, U.S. workers increasingly may need to consider their position
in a global economy, where they must compete with educated foreign-born
residents for jobs. Longer-term government projections also may fail to
consider "degree inflation," a growing ubiquity of bachelor's degrees
that could make them more commonplace in lower-wage jobs but inadequate
for higher-wage ones.
That future may be now for Kelman Edwards
Jr., 24, of Murfreesboro, Tenn., who is waiting to see the returns on
his college education.
After earning a biology degree last May,
the only job he could find was as a construction worker for five months
before he quit to focus on finding a job in his academic field. He
applied for positions in laboratories but was told they were looking for
people with specialized certifications.
"I thought that me having
a biology degree was a gold ticket for me getting into places, but
every other job wants you to have previous history in the field," he
said. Edwards, who has about $5,500 in student debt, recently met with a
career counselor at Middle Tennessee State University. The counselor's
main advice: Pursue further education.
"Everyone is always telling you, 'Go to college,'" Edwards said. "But when you graduate, it's kind of an empty cliff."
Press writers Manuel Valdes in Seattle; Travis Loller in Nashville,
Tenn.; Cristina Silva in Las Vegas; and Sandra Chereb in Carson City,
Nev., contributed to this report.
: Apr 11, 2012 by admin
George Zimmerman Is Charged With 2nd-Degree Murder In Trayvon Martin shooting
George Zimmerman, the neighborhood watch volunteer who fatally shot Florida teenager Trayvon Martin 45 days ago, was charged with second-degree murder Wednesday, marking a turning point in a case that has provoked nationwide debate over racial profiling.
Florida special prosecutor Angela B, Corey. who annonced the charge
in Jacksonville, said that “the search for justice has brought us to
this moment.” Zimmerman turned himself in and was brought Wednesday
evening to the Seminole County jail.
Florida special prosecutor Angela Corey
announces that she is charging George Zimmerman with second-degree
murder for the shooting of Trayvon Martin.
Washington Post-ABC News Poll: Public reactions to the Trayvon Martin shooting
Criminal justice lawyers said Corey faces an uphill battle in
persuading a jury to convict Zimmerman of second-degree murder.
Zimmerman told police he was fighting for his life in an altercation
with Martin, who was 17 and unarmed, before he fired in self-defense.
in the second degree, under Florida law, refers to a killing carried
out without premeditation but with “a depraved mind regardless of human
life.” If convicted, Zimmerman faces a maximum sentence of life in
prison. His attorney, Mark O’Mara, said Wednesday that Zimmerman will
plead not guilty.
Martin’s parents applauded Corey’s decision to take Zimmerman into custody, calling it a first step toward justice.
“We simply wanted an arrest,” said Sybrina Fulton, Martin’s mother. “Thank you, Lord.”
His father, Tracy Martin, said: “We got a long way to go, and we have faith. . . . We will continue to hold hands on this journey — white, black and Latino.”
Corey said she had personally informed Martin’s parents of the outcome of her investigation.
was less than three weeks ago that we told those sweet parents that we
would get answers to all of their questions no matter where our quest
for the truth led us,” she said.
Martin was fatally shot Feb. 26
while walking in the Retreat at Twin Lakes, a complex of about 260
peach-colored townhouses in Sanford, Fla. Martin was staying with his
father and his father’s fiancee in her townhouse, and he had left
briefly to walk to a nearby 7-Eleven to buy a bottle of iced tea and a
bag of Skittles.
Zimmerman, 28, who worked at a fraud-detection
company, was driving to Target, according to his father. Zimmerman
spotted Martin and called 911, saying that there had been a rash of
burglaries in the area and that there was “a guy . . . walking around, looking about.”
“This guy looks like . . . he’s on drugs or something,” Zimmerman said.
police arrived, Zimmerman and Martin encountered each other in a grassy
area between the back yards of two rows of townhouses. Zimmerman says
Martin punched him in the face, knocked him down and slammed his head
against the pavement.
He has maintained that he was defending
himself when he pulled a black Kel-Tec 9mm and shot Martin at close
range in the chest after the teenager tried to take the gun. When
officers arrived, they found Martin dead in a pool of blood in the grass
and Zimmerman bleeding from his nose and the back of his head.
‘Stand your ground’ law
Authorities in Sanford decided not to charge Zimmerman, citing Florida’s “stand your ground”
law, which allows a person to use deadly force in self-defense when
there is a reasonable belief of a threat and which does not require
people to retreat.
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