Jordan Spieth. Remember him? There was a time, not too long ago, when Spieth seemed unbeatable. Over a stretch spanning from 2015-2017, Spieth had won it all. Well, almost all of them. In 2015, he won the Masters, and the US Open. In 2017, he became the first person in 54 years to win three major events before turning 24 years old, a feat which was last accomplished by Jack Nicklaus in 1963 before Spieth duplicated that set of achievements. At that time, it’s hard to bet against Spieth winning more, as the world was still in front of him.
These days, he’s struggling to put together great performances, let alone win tournaments. But that being said, one thing remains the same for Mr. Spieth, and that’s the fact that he has a thick wallet and an even fatter bank account. He may not be winning lately, but Spieth is still attracting clients for endorsement deals and cashing in cheques from the chunks he gets out of golf tournament purses.
Jordan Spieth net worth in 2020 (estimate): $110 million
Back in May, Forbes.com released its list of the world’s highest-paid athletes. While the world grapples with the effects of the COVID-19 pandemic, these athletes still managed to rake in millions of dollars. Spieth was among those who made the list, occupying the No. 52 spot with $27.6 million in earnings. Only 1.6 million from that total was earned from golf tournament purse cuts, while the rest came from endorsement deals.
Indeed, the 2020 PGA season was another rough one for Spieth in terms of on-course results. In 17 PGA starts, he had zero wins and was only able to make the top 10 three times, while also missing the cut thrice. His best finish in that season was a T8 during his very first tournament, the CJ Cup @Nine Bridges, where he took home just $273,000 — the most he earned in a PGA Tournament during the 2020 season. He ended that season with a missed cut at the Northern Trust and pocketed a staggering total of…nevermind. He went home empty-handed from that tournament.
In contrast, the 2015 PGA season for Spieth was when he earned money like he’s funding a small space program. That year, he earned a total of $12.03 million, thanks in large part to his five wins in 25 events, including his aforementioned victories at the Masters and US Open, where he received $1.8 million for each of those wins. He also won at the PGA Championship for a $1.08 million payout and at the Valspar Championship for a cool sum of $1.062 million. Life was good in 2015 for Spieth.
The following year, Spieth decided to splurge on real estate, as he bought fellow pro Hunter Mahan’s sprawling 16,665 square-foot mansion in Preston Hollow. Mahan’s wife, a former Dallas Cowboys cheerleader, had a hand in making that deal, as she was the one who endorsed the property to Spieth. Prior to moving into that luxurious piece of property, which boasts of a 12-car garage, five bedrooms, and a gym with a golf simulator, Spieth was residing in a relatively cheap $2.3 million place. Poor, Jordan Spieth.
Spieth, who is still only just 27 years old. He remains, as Forbes puts it, a “marketable star.” If he can stitch together some solid performances, he’ll easily recapture people’s attention. While we wait for that to happen, the University of Texas product is busy collecting checks from his partnerships with the likes of AT&T, NetJetsm Rolex, Titleist, and Under Armour. Spieth’s deal with Under Armour back in 2015 made headlines, as that contract would run for 10 years.
Here’s what Spieth said of the transaction, via Darren Rovell, who was still part of ESPN then:
“I really enjoyed being on this journey with Under Armour since turning professional and I can’t wait to accomplish great things together in this next phase of my career,” Spieth said in a statement.
The financial terms of the deal have not been revealed but considering the length and the ring of Spieth’s name during that time, Under Armour surely guaranteed the Dallas, Texas native a ton of money until the end of that partnership in 2025. What’s known is that Spieth has to wear Under Armour only apparel from head to toe until the expiration of the deal.
So far in the current PGA season, Spieth has participated in six events and missed the cut three times. He was cut in the first two events he played at then managed just a T46 at the Masters last November, which translated to a measly payout worth $33,672.
Since turning pro in 2012, Spieth has won 11 PGA Tour events, three European Tour tournaments, and two PGA Tour of Australasia meets.