Image by Getty Images via DaylifeDid you stop to consider the wide ranging effects on the economy that will result from Tiger's forced absence from the game?
Attendance at tournaments will be lower, affecting gate receipts, food and beverage sales and merchandise sales and requiring less staff for the events. Sales tax receipts will also be down.
TV advertising revenues will be down for the events that Tiger would have played. Golf fans who only tune in to watch Tiger will find something else to do and may be lost from the golf audience forever.
Less people will be inspired to try golf, resulting in less equipment sales, less lessons taken and less rounds played.
This may be an early knee-jerk reaction but several of my clients have said that they won't watch golf again till Tiger returns and I must admit that my enthusiasm for the remaining two majors has waned significantly.
Has one athlete ever had such an economic impact on the US economy? I doubt it.
So get well soon Tiger, we need you, your country needs you and the economy needs you.
Thursday, June 19, 2008
Economic Effects of Tiger's Injury
Labels:
Golf,
Golfers,
Grand Slam,
Sports,
Tiger,
Tiger Woods,
United States,
US Open
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment