Tuesday, September 20, 2011
– Taylor Swift isn't number one in everything because Toby Keith is the highest paid country star, according to Forbes Magazine.
Keith earned the spot, according to the magazine, in part, due to his sponsorship deal with Ford is now in its 10th year. Keith also owns the I Love This Bar & Grill restaurants and a Mezcal drink, Wild Shots. Keith earned $50 million between May 2010 and May 2011.
Forbes based the list on talking with agents, managers, publishers, lawyers and others to come up with estimates, which are gross earnings.
Swift is second with $45 million. Swift earned money from touring, starting her current tour overseas. She also has several endorsement deals.
Brad Paisley ranks third with $40 million. Paisley endorses Chevy and Sea Ray and has his own music publishing company, Sea Gayle Music.
Others on the list are:
4: Tim McGraw. Paisley has an acting career going, appearing in "Country Strong." He also has a line of best-selling colognes.
5: Rascal Flatts, earning $34 million. Forbes said the trio relies on touring, merchandise and royalties since they have few sponsorship deals.
6: Kenny Chesney - $30 million. Part of the reason for his low relatively low ranking is that he only did 24 shows in the one-year period.
7: George Strait: $24 million. Forbes said Strait makes his money by touring with a bit more than 30 shows over the year.
8: Alan Jackson: $22 million. Forbes cited album sales and touring, particularly gigs in Australia.
9: Carrie Underwood: $20 million. Besides touring, Underwood is a spokesperson for Olay.
10: Sugarland: $18 million. The duo makes most of their bucks through touring and royalty. They earrned almost $8 million from 75 tour dates.