What does it mean to endorse a golf club?
Golfers often endorse golf equipment (clubs, balls, shoes) and many other related items. The endorsement can range from a printed or television ad, to badges of their sponsors ablaze on their sleeves and hats (and on their caddies!)
What is the average payout for winning a golf tournament?
Finishing a tournament will likely result in a payday of at least $25,000, while winning a PGA tournament can result in a payday of $1.5 million.
How do professional golfers make money?
In an event like this, the pro golfer will be paid for showing up and then can also win money determined by how many holes (called skins) that he wins in the competition. This is where superstar golfers can make huge amounts of money. Golfers often endorse golf equipment (clubs, balls, shoes) and many other related items.
How much does it cost to play in a corporate golf tournament?
In a corporate event–usually played on a Monday or Tuesday since most tournaments are played Thursday through Saturday–will net a golfer a fee of $25,000 to $250,000 depending on his stature and how much the corporation is willing to pay.