Measuring the 'Tiger effect' - doubling of Tour prizes, billions into players' pockets
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By Roger Pielke Jr 6 August 2014 With the final Major of the golf season starting on Thursday at Valhalla Golf Club in Louisville, Kentucky, most of the talk in anticipation of the PGA Championship is about a player who almost certainly has no chance of winning, even if he were to play. I’m of course referring to Tiger Woods. Woods reinjured his back last week at the WGC-Bridgestone Invitational leading to questions about his future – not just this week, but as a professional golfer. With Tiger on everyone’s mind, I thought it worth taking a look at his impact on the game, specifically Tiger’s role in boosting purses and the corresponding financial benefits to his peers. From 1990 to 1996 the total purses on the PGA Tour increased from $82 million to $101 million, a respectable increase of about 3.4% per year. (All data in this post comes from
Measuring the 'Tiger effect' - doubling of Tour prizes, billions into players' pockets
Measuring the 'Tiger effect' - doubling of…
Measuring the 'Tiger effect' - doubling of Tour prizes, billions into players' pockets
By Roger Pielke Jr 6 August 2014 With the final Major of the golf season starting on Thursday at Valhalla Golf Club in Louisville, Kentucky, most of the talk in anticipation of the PGA Championship is about a player who almost certainly has no chance of winning, even if he were to play. I’m of course referring to Tiger Woods. Woods reinjured his back last week at the WGC-Bridgestone Invitational leading to questions about his future – not just this week, but as a professional golfer. With Tiger on everyone’s mind, I thought it worth taking a look at his impact on the game, specifically Tiger’s role in boosting purses and the corresponding financial benefits to his peers. From 1990 to 1996 the total purses on the PGA Tour increased from $82 million to $101 million, a respectable increase of about 3.4% per year. (All data in this post comes from