Beckham? Jordan? Who are the highest-paid retired athletes of 2016?

Retirement riches

The thought of retirement conjures up images of penny pinching and stealing ketchup from McDonalds for some of us.

But for some athletes, retirement means millions of dollars and fame.

Take basketball legend Michael Jordan for example. He retired over 13 years ago and is estimated to earn more than $110m year. This year’s earnings make him the highest-paid retired athlete of the year.

Take a look at the full list here:

1. Michael Jordan

Earnings: $110m

Sport: Basketball

Year of retirement: 2003

2. David Beckham

Earnings: $65m

Sport: Football

Year of retirement: 2013

3. Arnold Palmer

Earnings: $40m

Sport: Golf

Year of retirement: 2006

4. Junior Bridgeman

Earnings: $32m

Sport: Basketball

Year of retirement: 1987

5. Jerry Richardson

Earnings: $30m

Sport: Football

Year of retirement: 1960

6. Jack Nicklaus

Earnings: $26m

Sport: Golf

Year of retirement: 2005

7. Shaquille O’Neal

Earnings: $22m

Sport: Basketball

Year of retirement: 2011

8. Roger Penske

Earnings: $20m

Sport: Auto racing

Year of retirement: 1965

9. Gary Player

Earnings: $19m

Sport: Golf

Year of retirement: 2009

10. Ervin “Magic” Johnson

Earnings: $18m

Sport: Basketball

Year of retirement: 1996