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US Open: $142 Million Golf Blockbuster

THE ECONOMY

Joe Drape, THE FISCAL TIMES

Friday, June 18, 2010

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In the current economic climate, the number of rounds of golf played in 2009 dropped by about 0.6 percent, according to the National Golf Foundation; that followed a drop of 1.8 percent in 2008. Still, “golf is bigger as a participatory sport than as a spectator one,” said Erik Bruvold, president of the National University System Institute for Policy Research. “In golf, it’s critical to understand that millions upon millions of people around the world play the sport casually, and their consumption of equipment, clothes, instructions and rounds leverage that impact.