Australian (ASX) Stock Market Forum

Tiger Woods appearance fee?

Wysiwyg

Everyone wants money
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What does this say for a gifted golfer who has everything and still accepts money for turning up to play golf? It would be wonderful to hear news he has donated the money to a school or children's hospital.

What is worse in my opinion is a state government paying a famous golfer to come here and play.
When Woods confirmed his participation, it sparked heated debate in Australia about how much taxpayers should contribute to his appearance fee.

The golfing superstar will reportedly be paid $3 million to turn up, with the Victoria government chipping in half.
He's not so much a golfer as a phenomenon, one of the greatest athletes of our age, a multicultural role model and cash register on legs.
Appleby said having Woods in the field would give a huge boost to the game in Australia and the Victorian government's gamble was a good bet. "This week's very unique," Appleby said. "You've got a guy on a big price-tag, a big roll on a colour - a red or black and bang, put it all down and it's an odds-on payer. It's a big investment but I think it's a real smart one. It's done right - ticket sales are through the roof, something we've not seen for a long time.
 
hello,

yeah ordinary stuff Wys

11yrs since here in Aus

on the bandwagon, Hammer here as well

thankyou
Doctor Robots
 
What does this say for a gifted golfer who has everything and still accepts money for turning up to play golf? It would be wonderful to hear news he has donated the money to a school or children's hospital.

What is worse in my opinion is a state government paying a famous golfer to come here and play.

Good on the government and tour management for getting him to come down under. And I have absolutely no dramas with the amount of money he's getting.

If you seen his interview on 60 minutes you'd see he has quite a big charity/organization in the states that helps disadvantaged kids.
 
From a financial point of view it makes sense. In one sense its exactly the same as paying to bring out a rock band, people want to see him. The tournament is sold out. End of discussion really. :rolleyes:

If you are talking about the amount of money that is paid to people to run about chasing a ball or riding a bike, being all out of proportion to what they do I think it's bloody disgraceful. While research scientists & doctors get paid a pittance in comparison, unless of course the doctor is a cosmetic one.
I don't care how good someone is at a sport, we have our values way out of wack on how we treat them and venerate them.
 
Good on the government and tour management for getting him to come down under. And I have absolutely no dramas with the amount of money he's getting.

If Woods was a true gentleman of the game he would at least throw his $3 million appearance fee into the prize money pool and probably win it back anyway. Woods is favourite to win (Sportsbet $2.60).

I believe paying appearance fees turns golf tournaments into exhibitions rather than competitions.
 
From a financial point of view it makes sense. In one sense its exactly the same as paying to bring out a rock band, people want to see him. The tournament is sold out. End of discussion really. :rolleyes:

All good if anyone wants to see a rock band. All good if the tax payer isn't paying for the rock band to come out. All good if anyone enjoys chasing the dimpled white ball around.

Tax payer funds to encourage a famous golfer to play here is blatant abuse of the power entrusted in government. Why not come here and play for free under invitation and if not interested then no problem. Alternatively if golfers want to see a famous golfer then open up a contribution line to "bring Tiger to Australia". Don't use tax payer's money.
 
What a joke!

Shouldn't appearance fee's be paid for by sponsors that paste all there crap propaganda all over the event site? Since when did governments get involved with my tax money to pay some overseas anybody to come here regardless if it draws a crowd or not.
That money should stay in Australia for Australians.

How are Keven 07 computers for all crap going?

G
 
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Tax payer funds to encourage a famous golfer to play here is blatant abuse of the power entrusted in government. Why not come here and play for free under invitation and if not interested then no problem. Alternatively if golfers want to see a famous golfer then open up a contribution line to "bring Tiger to Australia". Don't use tax payer's money.


Exactly my point too, homeless people, would agree with me.

For $3,000,000 quite few places of residence could be built here.
We have nothing form payment to charity in US.
 
I fundamentally disagree with the appearance fee, you would think he could just play because it is somewhere different that he hasn't played before and enjoy himself.

Another way of looking at it that it is a prudent way of spending tourism advertisement money, a lot of people the world over will consume information about Melbourne and Australia which may pay off in the long run.
 
Another way of looking at it that it is a prudent way of spending tourism advertisement money, a lot of people the world over will consume information about Melbourne and Australia which may pay off in the long run.

Yep thats how they look at it.

Advertising Australia, for anyone that comes out, not just him.
 
If you seen his interview on 60 minutes you'd see he has quite a big charity/organization in the states that helps disadvantaged kids.

He does plenty to give back imo.

The issue isn't the appearance fee or even how much it is, the issue is who has paid for it. If a private promoter had paid the fee it probably wouldn't have caused a stir at all.

The other way to look at it is what return are the government getting for the investment? If Tiger being here creates more for the economy then they outlayed it is a good investment and everyone wins, how you would measure that though I'm not sure.
 
absolutely money well spent...

wonderful for the event to have him there, wonderful for the tourism it will bring/tickets it has sold , wonderful from an international press standpoint as well...

i'd expect people disliking this who are on a greenpeace forum[ie], but cetaintly not a stock forum :) :p:
 
The Vic government would see that $3 million bucks appearance fee generate $15 million for the state over 1 week. Not a bad investment.
From TWs' perspective, if someones going to make $15 million off my back I would want to be paid accordingly.

For all you doomsayers out there, pick up a golf club play nine holes and unwind a bit. Otherwise, build a bridge...
 
I fundamentally disagree with the appearance fee, you would think he could just play because it is somewhere different that he hasn't played before and enjoy himself.

Another way of looking at it that it is a prudent way of spending tourism advertisement money, a lot of people the world over will consume information about Melbourne and Australia which may pay off in the long run.

Absolutely. It's an investment; an investment that will pay off. It also adds a higher level of legitimacy to the tournament - which may now attract a more International audience.
 
Many people seem quick to judge. A few of you may change your minds if you were presented with the same opportunity, and how do any of you know what he will do with it? He doesn't just give to charity, he has his own charity organisation. Finally, it is his money, he can choose what he wants to do with it. Who are we to pass judgement on how someone spends their own money?
 
One word... WOW. All the naysayers out there really sit back and have a look at why this money is being spent, the generated income from this $3 mil the government will recoup 10 folds, also by this event being sold out there are alot more staff being hired at this event.

As with the money, he donates more to charity then any of us will earn in our lifetime, that $3 mil his charity organisation has probably donated that this year.

Geez his a greedy man for taking the $3 mil:rolleyes::rolleyes:
 
One word... WOW. All the naysayers out there really sit back and have a look at why this money is being spent, the generated income from this $3 mil the government will recoup 10 folds, also by this event being sold out there are alot more staff being hired at this event.

As with the money, he donates more to charity then any of us will earn in our lifetime, that $3 mil his charity organisation has probably donated that this year.

Geez his a greedy man for taking the $3 mil:rolleyes::rolleyes:

It makes you wonder on here some people questioning the appearance fee and not understanding the revenue intake.
Especially in a "traders" forum...
Perhaps this should have been started in the beginners thread :rolleyes:
 
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