PGA Masters: Welcome Back Tiger Woods
The 2019 PGA Masters Series was a sports tour to remember. Remembering the feats of Tiger Woods, as well as his fall from grace, is all too easy. Woods has won 81 PGA official events, and is the only player in golf history to win all four professional major championships in a row (and he did it twice!), now called a "tiger slam."
The 2019 PGA Masters had a cash purse of $11,500,000 - which tends to draw out huge crowds, with an estimated 2.5 million people watching ESPN for the opening series. As big as this series might have been, how does it stack up to other sporting events around the country?
Other Sporting Events vs The PGA Masters
In 2017, a Statista survey reported that nearly 31 million people attended a college sports event that year. College sporting events are of course much broader than just the PGA tour as it can include football, basketball, soccer, rugby, and a number of other events. Regardless, the sporting industry in the United States is absolutely thriving and is expected to be worth $74 million by 2020. This industry grows and grows as events like March Madness draw in massive crowds who love to bet and speculate on the outcome of each year's tournament. This tournament is so popular, that Warren Buffet has a standing challenge for his employees: anyone who perfectly predicts the outcome of the Sweet 16 bracket wins $1,000,000 (that's right . . . one MILLION dollars) a year FOR LIFE!
While March Madness might draw in huge prize pools, there are many other huge revenue streams for sporting events. For example, a Washington Redskins game package can cost around $1,500 or more, and that isn't including travel costs. Sports travel packages are also a popular purchase now, offering something beyond just standard NFL packages.
Upcoming Sports To Watch Out For
While sports like baseball, football, and basketball are all very popular in the United States (it's estimated that 70% of U.S. adults follow at least one basketball team and watch occasional games each year), there are a plethora of up and coming sports to watch out for. For example, the US Woman's soccer team is currently ranked 2nd, only behind Sweden, and has a good chance of winning the Woman's World Cup in 2019.
Rugby is another incredible sport that is beginning to gain popularity in the United States. Traditionally, when we think of Rugby, we think of The New Zealand All Blacks, the most dominant Rugby team in history. However, as of 2016, there were over 125,000 players registered with USA Rugby and the USA Rugby team is currently ranked 15th in the world. So keep your eyes open as this next year of sports is going to hold some exciting opportunities for more than just the traditional U.S. sporting events. Woman's soccer is on the rise, rugby is on the rise, even rock climbing made the 2020 Olympic cut as a new sport. As a new Olympic sport it will have some intense competition, however the United States has long touted some of the best rock climbers in the world from Chris Sharma to Sasha DiGiulian.