How does the PGA Tour make money?

[BCYL]

I wonder how many people each week buy tickets to go watch the PGA tournaments? Or do they mainly make their money from sponsors?

I mean they are giving out tons of prize money each week

 

[Lonyo]

They also get paid by TV companies for broadcast rights I assume.

 

[mzkhadir]

http://www.pgatour.com/info/company/about_us

this is the link you want to follow.

 

[Mrvile]

Tickets to the PGA Championship were 100 bucks per adult, 20 per child. The day we went there were 22,000 people. And that's ticket sales alone.

 

[Cheezeit]

nike pays tiger fourtunes, so i guess they get alot of their money from sponsers

 

[GagHalfrunt]

Originally posted by: Lonyo
They also get paid by TV companies for broadcast rights I assume.

They make money a ton of different ways:

1) Last TV contract for 2003-2006 was worth around 900 million.
2) Title sponsors pay around 6 million dollars to get their name on a tournament. Most of that money goes into the purse and to the networks for the commercials.
3) Ticket sales. It's not unusual for an event to draw a quarter million or more for the week at $50+ per head
4) Concessions. They're not selling hot dogs and beer at cost, that's for damn sure.
5) PGA Tour logo gear.