how much money is bethlehems spending on its golf course

Full Answer

How much do major golf tournaments give away?

When one of the major golf championships increases its “purse” (the total amount of prize money given away to the players who place), the other tournaments tend to follow suit. In 2015, the British Open purse increased from $9.19 million the year before to to $10 million.

Why is the PGA Championship paid $10 million in 2015?

Because the PGA Championship and Players Championship both bumped their purses up to $10 million in 2014 and awarded the championship winner $1.8 million. So, in 2015, the Masters, the U.S. Open and the British Open all increased to $10 million purses. Golf Revenue

How much money do 18-hole golf clubs make?

According to the National Golf Foundation’s 2010 Operating & Financial Performance Profiles of 18-hole golf facilities in the U.S., private 18-hole golf clubs had average total revenue of $3,277,000 in 2009, but with total expenses of $3,204,500. Driving Ranges

Did you know more money was spent on golf in 1915?

According to The American Magazine, more money was spent on golf than on any other sport in 1915. The magazine marveled at the “130,000 acres of our most valuable soil” given over to the game of golf, “which has grown with such amazing rapidity that it has been hard to keep pace in the way of course building.”

A first: Systematic tree removal

For the first time since the course’s debut in 1956, Bethlehem has systematically removed diseased and decaying trees as part of a $1.75 million makeover that’s expected to be completed next year.

Restructuring and belt-tightening

Meanwhile, the city tightened its belt, especially regarding labor expenses. It renegotiated its labor contract and moved four full-time golf course workers, half the staff, to vacant positions elsewhere in the city. It replaced them with 35 new part-time workers, trimming benefit expenses.

A return to the glory days

The goal of the overhaul is returning Bethlehem Golf Club to its glory days in the mid-20th century, when it replaced an older course where the Lehigh Shopping Center is now. In a time when golf was a favorite pastime of Bethlehem Steel executives, the Bethlehem course opened as an affordable option.

The line of play

Over the years weather and maintenance have shifted the line of play. Sand traps changed shape and often took too long to drain after rainstorms. Trees and shrubs were planted without much consideration to location or species, becoming obstructions.

How much is the Army golf course worth?

The military’s valuable golf course properties even extend overseas — the army has three courses in Germany worth a combined total of $36.4 million, and another in South Korea worth $26 million.

How many golf courses does the Department of Defense maintain?

Though parts of the Department of Defense’s budget are clearly essential to national security, many other defense expenditures are far from necessary — including the reported 234 golf courses that the Department of Defense maintains around the world.

What was Obama's golf meeting with Boehner about?

Obama and Boehner’s June 2011 golf meeting to discuss a number of issues, including cutting spending, was itself a caricature of the federal government’s thoughtless spending habit. The venue they chose for their discussion — one of Andrews’s golf courses — was part of a problem they were supposedly trying to solve.

How much did 18 hole golf clubs cost in 2009?

According to the National Golf Foundation’s 2010 Operating & Financial Performance Profiles of 18-hole golf facilities in the U.S., private 18-hole golf clubs had average total revenue of $3,277,000 in 2009, but with total expenses of $3,204,500. Driving Ranges.

How much of a golfer's earnings come from off course deals?

In general, golf stars tend to more or less follow the 90/10 rule. 90% of their earnings come from off-course deals, while only 10% come from golf winnings. For example, Tiger Woods’ golf winnings come to just 12% of his total career earnings as a golfer. Golf Facilities.

How much did golf generate in 2011?

According to research group SRI International, the “golf economy” in the U.S. generated $68.8 billion of goods and services in 2011. Back in pre-Recession 2001, that number was $75.9 billion. Still, SRI estimated that golf generated a total economic impact of $176.8 billion in 2011.

How many new golf homes were built in 2011?

This has a measurable impact on the housing market in the U.S. SRI estimates that 19,152 new golf community homes were constructed in 2011, with total golf residential construction spending of $3.1 billion.

How many hours does a woman spend on golf?

Women spend an average of 0.23 hours participating in sports, exercise and recreation on weekends and holidays, and just 0.20 hours on weekdays. Now consider that a traditional 18-hole round of golf can take around four hours. Bottom Line.

How much did Tiger Woods make in 2014?

Despite scandal and injury, Tiger Woods is still at the top. On-course, he made “just” $610,775 in 2014, but off-course he netted $54,500,000, for a total of $55,110,775. Golf legend Arnold Palmer made the #4 spot on the Golf Digestlist.

How much money did the PGA Championship purses make in 2014?

Because the PGA Championship and Players Championship both bumped their purses up to $10 million in 2014 and awarded the championship winner $1.8 million. So, in 2015, the Masters, the U.S. Open and the British Open all increased to $10 million purses. Golf Revenue.

A First: Systematic Tree Removal

Restructuring and Belt-Tightening

A Return to The Glory Days

• The goal of the overhaul is returning Bethlehem Golf Club to its glory days in the mid-20th century, when it replaced an older course where the Lehigh Shopping Center is now. In a time when golf was a favorite pastime of Bethlehem Steel executives, the Bethlehem course opened as an affordable option. Bethlehem Steel, in fact, gave the city $150,000...

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The Line of Play

Less Competition, More Opportunity