GOLF DI­GEST 50

Golf Digest (South Africa) - - Golf + Money -

ON-COURSE IN­COME for 2015 in­cludes all money earned on the PGA Tour and the five in­ter­na­tional tours (Ja­pan PGA, PGA Euro­pean, Aus­tralasian, South­ern Africa, Asian) and the Cham­pi­ons Tour, LPGA Tour, Ladies Euro­pean Tour and the Ja­pan LPGA through Novem­ber 22. It in­cludes un­of­fi­cial money won in non-tour events.

OFF-COURSE IN­COME in­cludes es­ti­mates of all money earned from en­dorse­ments, bonuses, ap­pear­ance fees, cor­po­rate out­ings, speak­ing en­gage­ments, li­cens­ing fees (video games, trad­ing cards, etc), course ar­chi­tec­ture, books, in­struc­tional videos and busi­nesses that cap­i­talise on a per­son’s sta­tus as a player, such as prod­uct lines in­clud­ing cloth­ing, wine and tur­f­grass. In­vest­ment in­come is not in­cluded.

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