June 18, 2012 - 6:43 PM
The world's highest-paid athlete is in jail. The guy in second place just lost a title fight, and the man who held the distinction for a decade is now third.
Forbes has released its list of the 100 highest paid athletes, and boxer Floyd Mayweather Jr. is No. 1. Mayweather, who made $85 million for two fights last year, is currently serving a three-month jail sentence in Las Vegas for domestic battery.
Boxer Manny Pacquiao is second on the magazine's list at $62 million from earnings and endorsements. Pacquiao lost his WBO welterweight title to Timothy Bradley earlier this month.
Tiger Woods, No. 1 on the list since 2001, made $59.4 million to place third.
LeBron James of the Miami Heat is fourth ($53 million).
News from © The Associated Press, 2012