Michael Jordan's base salary was four million bucks a year but, with incentives, went significantly over that. He was estimated to bank $36 million—that's $11 million more than the second highest-paid athlete of the year, boxer Riddick Bowe—who allegedly ducked Lennox Lewis to fight Evander Holyfield (whom he lost to). Bowe also had his own boxing title on Sega's answer to the Gameboy, entitled Riddick Bowe Boxing.
Brazilian Auto Racer Ayrton Senna was also a "baller" that year, initially offering to drive for free (he was the third highest-paid athlete of 1992). Even so, he was vetoed off his team. Ultimately, Senna signed with McLaren and put away $18.5 million, making him the third highest-paid athlete of the year. It was temporarily a good move. Unfortunately, the next year Senna died while leading the San Monaco Grand Prix, bringing a very impressive career to an end way too quickly.
A much skinnier Barry Bonds was in the first year of a six-year, $43.75 million deal with the San Francisco Giants. But with endorsements and bonuses, Prince's (estranged) daddy, Cecil Fielder, made out with $12.7 million placing him 8th amongst all athletes and making him the richest baseball player of that season.
Eric Lindros of the Philadelphia Flyers was the highest paid player in the NHL making between $3.35 million to $3.5 million that season.