Golf’s first Billion-Dollar Man
By Ron Sirak
Golf Digest
February 2006
Less than a year after Tiger Woods turned professional and signed $60 million in multiyear endorsement contracts with Nike and Titleist, Alastair Johnston, the head of golf at International Management Group, let a wry smile creep across his face as he recalled the outrage over the riches being thrown at a 20-year-old golfer without a professional victory. “Do you know how we got so much for Tiger?” Johnston asked in the summer of 1997, after Woods had won six times on the PGA Tour, including the Masters by 12 strokes. “Because we asked for it. We knew what he was worth to the right people.”


So exactly how much is $1 billion? Consider:
• If a golfer had earned every penny of prize money available on the PGA Tour from 1938 through 1999, he would have made $1 billion.
• $1 billion is more than the combined winnings of the next 70 players on the PGA Tour career money list behind Woods.
• If you spent $100 a minute every minute of every day it would take more than 19 years to deplete $1 billion.

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