I was astonished to learn from a friend this evening that the Professional Golfers’ Association claimed last year a total of direct and affiliated revenue of $2 BILLION!
So why is the City of Scottsdale subsidizing the TPC Scottsdale (a division of the PGA) to the tune of somewhere between $15 and $20 million?
I also learned that the PGA is a non-profit. Hmmm.
Here’s the article in Forbes from earlier this month that was forwarded to me: