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How It Works - "PGA Player Endorsements"

#1 User is offline   MyGolfSpy 

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Posted 01 March 2010 - 04:18 AM



Nascar-ization of Golf or Will More Right Sleeves Be Blank In 2009?


Anybody that has seen John Daly walk the fairways in recent years...is witness to what a human billboard looks like in the game of golf. For the most part this type of advertising was reserved for the Nascar industry. Where even a square inch on a dashboard cam is worth a couple years salary to most.

But in recent years the trend seems to be catching on in golf as well . And golfers aren't complaining...not only are the great golfers finding lucrative contracts from sponsors but many golfers who struggle on the tour are as well. Many of the journeyman are finding out that there left sleeve is worth more then their actual golf game can earn...and especially if they are in contention for a major.

Here are some numbers to give you an idea of how lucrative the right arm of many golfers are worth. And if you ever wondered why we have to wear collars to play this game...look no further. But I wonder if the economy will have a lot more players sporting blank sleeves in '09...what do you think?



Hat


($75,000 and up)

Many players make the hat they’ll wear part of a clubs-balls-bag-apparel deal. As a rule of thumb, the front of the hat, with its prime TV exposure, makes up half the total value. Tiger’s cap is part of a clothing deal with Nike worth $29 million a year. Semi-star Luke Donald got about $1 million a year to wear Mizuno’s logo on his cap, but that amount could quadruple if he wins the Masters. Golfers sell the sides of the cap for less than half as much as the front, and the back for as little as one-tenth.

Right Sleeve


($10,000 to $1 million)

This sleeve is less precious than the left because it gets less TV time, but some marketers prefer it because it shows up on a right-hander’s follow-through. For lefty Phil Mickelson, whose right side faces the target, this is the million-dollar sleeve.

Chest Pocket


($25,000 and up)

The best real estate south of the ears. You can get a no-name for the minimum, but even such second-tier stars as Luke Donald and John Daly (well he could) can command $250,000 or more for over-the-heart coverage.

Shoes


($10,000 to $30,000)

Footwear is cheaper than you’d think until you stop to think: You see shoes on TV only when a golfer goes into a hazard.

Back of the collar


(up to $650,000)

Jim Furyk signed a three-year, $2 million deal to wear a Johnnie Walker logo here. (That’s Johnnie Walker menswear—hard-liquor logos are a no-no.)


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#2 User is offline   Jballmn 

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Posted 01 March 2010 - 07:29 PM

Or you could be like Ryan Moore and go no endorsements :o

Until Scratch that is

#3 User is offline   mainuh 

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Posted 01 March 2010 - 08:09 PM

Shoes
($10,000 to $30,000)
Footwear is cheaper than you’d think until you stop to think: You see shoes on TV only when a golfer goes into a hazard.


That one actually surprises me a bit -
Yesterday I, how could you help not to, noticed the bright orange shoes that Ricky Fowler was wearing.
For some reason I always seem to see Sergios shoes and the Adidas ones, with the 3 stripes which I don't care for, certainly are visable.

Just checked the F/J roster - you'd have to think that Camillo and Ian Poulter would be commanding a bit more...

rob
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#4 User is offline   Viper12 

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Posted 01 March 2010 - 08:24 PM

I knew there was good money to be made, but had no idea it was quite that much.

#5 User is offline   GolfSpy Matt 

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Posted 01 March 2010 - 09:34 PM

Very interesting info. Initially I was surprised that the bag wasn't worth more, but I guess caddies get somewhat limited TV time.
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#6 User is offline   Moecat 

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Posted 01 March 2010 - 09:39 PM

I'd be curious to see how much of a drop-off there is for Nationwide and mini tour players. Oh yes: comparisons with LPGA players as well.
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#7 User is offline   boilerron 

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Posted 01 March 2010 - 10:02 PM

I am always amazed at how the value is only limited to the amount you can get someone to pay you.... Too funny.

boilerron

#8 User is offline   Richie3Jack 

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Posted 01 March 2010 - 10:22 PM

Interesting stuff. Sure beats me paying $20 to wear a Callaway hat. I don't see the PGA guys having anything to worry about soon. But the Nationwide, LPGA and Champions Tour players have to worry about their future.




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#9 User is offline   mainuh 

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Posted 02 March 2010 - 12:36 AM

I have a good acquaintance who plays the mini-tour events. Not bad,but not good enough to play the big time.
He has a straight up deal with T/M only has to pay for his putter...I am in love with his Bettinardi Black Carbon B)

rob
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#10 User is offline   PoorGolfer 

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Posted 02 March 2010 - 12:54 PM

My golf spy, do you agree on endorsing me?
I can wear your logo on my hat, shirts, shorts and even my socks, for just $100 a month. And given the great golfer that I am, you are certainly to gain from this. What do you think? :lol:
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#11 User is offline   jamo 

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Posted 02 March 2010 - 04:39 PM

I'm a little surprised at how much the back of the collar commands.

#12 User is offline   Jeeves 

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Posted 03 March 2010 - 07:15 PM

This was an awesome read!!! I have always wondered about this. I gotta hit the range. Work on my game and get me a sponsor :D You'd think all the free equipment and personal attention would be enough for these guys...

#13 User is offline   Jeeves 

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Posted 03 March 2010 - 07:48 PM

View Postmainuh, on 01 March 2010 - 03:09 PM, said:

Shoes
($10,000 to $30,000)
Footwear is cheaper than you’d think until you stop to think: You see shoes on TV only when a golfer goes into a hazard.


That one actually surprises me a bit -
Yesterday I, how could you help not to, noticed the bright orange shoes that Ricky Fowler was wearing.
For some reason I always seem to see Sergios shoes and the Adidas ones, with the 3 stripes which I don't care for, certainly are visable.

Just checked the F/J roster - you'd have to think that Camillo and Ian Poulter would be commanding a bit more...

rob


Camillo for sure... even the bottom sole for when he gets down into his Spidey position!

#14 User is offline   Jack aMMo 

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Posted 03 March 2010 - 11:04 PM

Very interesting indeed. I was always intrigued by these endorsements. Does the agent also gets a commission?

#15 User is offline   NGage 

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Posted 04 March 2010 - 12:28 AM

I hope the NASCAR-ization (like Daly) doesn't become the norm. Can't blame them for jumping at the cash when offered....but it looks tacky when there's too many of them.

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