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Boxer Floyd Mayweather tops 'Forbes' money list with US$105 million

Boxing star knocks Tiger Woods of pedestal as the highest-paid athlete

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Floyd Mayweather's win over Canelo Alvarez Alvarez set pay-per-view records with US$200 million in total revenue. Photo: Reuters

Undefeated boxing superstar Floyd Mayweather Jnr has been named the highest-paid athlete in sports by Forbes magazine, bumping off 2013 winner Tiger Woods by amassing US$105 million in net revenue.

Mayweather (pictured) also topped the list with US$85 million in 2012, ending 14-time major golf champion Woods' run atop the 100-athlete list from 2001 to 2011.

This time, Mayweather joined Woods as the only ones to ever top US$100 million on the Forbes list, thanks to wins over Canelo Alvarez last September and Marcos Maidana last month. He did it with only 72 minutes of work and with no endorsement income.

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"I'm humbled and extremely fortunate to be recognised by Forbes as the highest-paid athlete," Mayweather said. "I'm doing something no other athlete is doing, promoting myself and seeing my hard work pay off.

"It's all about hard work and dedication which is so important and a key part of my financial success."

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The magazine measures endorsement income, prize money and salary payments from June 1 of one year to the next.

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