Monday, January 24, 2011
How much money in golf?
Bob Hope knew people...
The prize money in golf is unbelievable. We were once again reminded of that this weekend when they played the Bob Hope Classic in the desert near Palm Springs. As the Los Angeles Times reports, "The Hope was once a tour flagship event. Movie stars and celebrities showed up in droves. TV loved the blue skies and palm trees, and so did large TV audiences, much of them watching from snow piles back East..."
Nowadays, Bob Hope, himself, has long since slipped off the national radar. The event's tradition of playing with amateurs is not highly regarded by the touring pros, who can collect fat appearances fees for showing up at events on other continents. Which brings us back to the money, the obscene gobs of money. The Bob Hope Classic pays the winner $900,000. 900 large, 900 grand, that would be nine thousand $100 bills, but in this glistening era of recovery the purse size is among the smaller on the tour. Only seven PGA events offer less prize money, four of them are in late Fall, played after the Tour Championship when the season is all but over.
Where is the resentment at the disconnect between California's economic masses and these elites? Burbling.
Labels: golf, sports, Sports Economics
Comments:
Post a Comment