New York: 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., nicknamed "Money," 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). He is one of 13 basketball players on the list.

Floyd Mayweather, who made $85 million for two fights last year, is currently serving a three-month jail sentence.
Tennis star Roger Federer is fifth at $52.7 million.
Thirty American football players made the top 100, with Peyton Manning tops among them at No. 10. The Denver Broncos' new quarterback made $42.4 million during his last season with the Indianapolis Colts, even though he sat out the entire season while recovering from a neck injury.
David Beckham of the Los Angeles Galaxy was No. 8 overall and the highest ranked soccer player at $46 million. New York Yankees third baseman Alex Rodriguez was tops among baseball players and No. 18 overall with $33 million.
Two women, both tennis players, made the list. Maria Sharapova ($27.9 million) comes in at No. 26, and Li Na ($18.4 million).
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Maria Yuryevna Sharapova born April 19, 1987) is a Russian professional tennis player. As of June 11, 2012 she is ranked world no. 1. A United States resident since 1994,[4] Sharapova has won 27 WTA singles titles, including four Grand Slam si ...
Roger Federer is a Swiss professional tennis player who is currently ranked World No. 2. He was the World No. 1 ranked player for a record 237 consecutive weeks, from February 2, 2004, to August 17, 2008. Federer is widely considered to be one ...
Eldrick Tont "Tiger" Woods is an American professional golfer whose achievements to date rank him among the most successful golfers of all time. Currently the World No. 1, he was the highest-paid professional athlete in 2008, having earned an ...
David Robert Joseph Beckham OBE is an English footballer who currently plays in midfield for Italian Serie A club A.C. Milan and the England national team. Beckham's stint with Milan, which began on 7 January 2009, is a loan until the end ...

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