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NEWS REAL

• The Professional Baseball Agreement between MLB and minor league teams expires at the end of the 2020 season. But if a new MLB proposal were to become reality, more than three dozen cities with affiliated minor league teams will lose those teams a year from now and thousands of minor league players will be out of work as well. Full story here.

• "We said there's no chance that's happening. There’s no chance we’ll even discipline him." — NBA commissioner Adam Silver regarding China’s request that the league fire Houston Rockets GM Daryl Morey

• "The losses have already been substantial. Our games are not back on the air in China as we speak, and we'll see what happens next. I don't know where we go from here. The financial consequences have been and may continue to be fairly dramatic." — NBA commissioner Adam Silver at the Time 100 Summit on Thursday regarding the league’s on-going situation with China.

• Showtime Sports will launch on Oct. 21 a weekly podcast, All The Smoke with Matt Barnes and Stephen Jackson, in which the two NBA veterans (now retired) and NBA champs (Golden State Warriors and San Antonio Spurs, respectively), will “deliver an authentic, unfiltered perspective on the most polarizing topics in and around the game of basketball.”  It will air Thursdays on the Showtime Basketball YouTube Channel.  

• Bluberi Gaming has signed a deal with WWE to develop a series of licensed slot games featuring WWE Superstars and Legends. Among those to be featured include John Cena, Triple H, Becky Lynch, Roman Reigns and Ronda Rousey. The first WWE series of slot games is scheduled to hit casinos October 2020.

• HarperCollins Publishers said it has acquired world rights to Back, the first memoir authored by Tiger Woods. According to Woods, “This book is my definitive story. It’s in my words and expresses my thoughts.” A publication date was not given.

• Halloween this year is Oct. 31, and retailers, marketers and consumers are ready for another season of trick-or-treat. Total spend on Halloween 2019 is expected to reach $8.8 billion according to the National Retail Federation, Washington, DC. Full story here. 

POLL POSITION

Rock & Roll Hall of Fame 2020 Nominees

• Pat Benatar
• Dave Matthews Band
• Depeche Mode
• Doobie Brothers
• Whitney Houston
• Judas Priest
• Kraftwerk
• MC5
• Motorhead
• Nine Inch Nails
• Notorious B.I.G.
• Rufus feat. Chaka Khan
• Todd Rundgren
• Soundgarden
• T. Rex
• Thin Lizzy

VOTE HERE

KEEPING SCORE

Most Popular NBA Player Jerseys (based on eBay sales October 2018-October 2019)
1. LeBron James Los Angeles Lakers
2. Stephen Curry Golden State Warriors
3. Kyrie Irving Brooklyn Nets
4. Giannis Antetokounmpo Milwaukee Bucks
5. Kevin Durant Brooklyn Nets
6. Dwyane Wade Miami Heat (retired)
7. Kawhi Leonard Los Angeles Clippers
8. Zion Williamson New Orleans Pelicans
9. Carmelo Anthony (most recently with Houston Rockets)
10. Russell Westbrook Houston Rockets

Most Popular Player Merchandise (based on eBay sales October 2018-October 2019)
1. LeBron James Los Angeles Lakers
2. Stephen Curry Golden State Warriors
3. Kevin Durant Brooklyn Nets
4. Kyrie Irving Brooklyn Nets
5. Giannis Antetokounmpo Milwaukee Bucks
6. Paul George Los Angeles Clippers
7. James Harden Houston Rockets
8. Dwyane Wade Miami Heat (retired)
9. Kawhi Leonard Los Angeles Clippers
10. Russell Westbrook Houston Rockets
SOURCE: STUBHUB.COM

BUY SELL

Weekend Box Office Oct. 11-13
1. Joker $55M
2. Addams Family $30.3M
3. Gemini Man $20.5M
4. Abominable $6.2M
5. Downton Abbey $4.9M
6. Hustlers $3.9M
7. Judy $3.3M
8. It 2 $3.2M
9. Jexi $3.1M
10. Ad Astra $1.9M
BoxOfficeMojo.com

SEARCH

NYSportsJournalism.com + Topic Of Requested Search

Showtime: All The Smoke See More Ads Below

COLLEGE

BodyArmor Into NCAA
No. 1 Colleges Since '92
Notre Dame Builds Brand
Cancer Drives Home
Men's Hoops Are 'Toxic'

Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#46Ul8rBF4XpB4lo0.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#JZxA5jXY4rCwemgZ.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#JZxA5jXY4rCwemgZ.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#46Ul8rBF4XpB4lo0.99
Channel Chasers

NFL UK 2019
• Oct. 27  Cincinnati Bengals v Los Angeles Rams Wembley Stadium
• Nov. 3 Houston Texans v Jacksonville Jaguars Wembley Stadium

NFL Mexico 2019
• Nov. 18 Kansas City  Chiefs v Los Angeles Chargers Mexico City Estadio Azteca (ESPN Monday Night Football)

NBA 2019 Opening Nights
• Oct. 22 New Orleans Pelicans vs. Toronto Raptors TNT 8 PM (ET)
• Oct. 22 Los Angeles Lakers vs. Los Angeles Clippers TNT 10:30 PM (ET)

• Oct. 23 Boston Celtics vs. Philadelphia 76ers ESPN 8 PM (ET)
• Oct. 23 Denver Nuggets vs. Portland Trail Blazers ESPN 10 PM (ET)

Entries in Golf (1)

Wednesday
Apr252018

No Lie: Despite Challenges, Golf Business An $84B Industry, $192B Economic Activity

By Barry Janoff

April 24, 2018: In 2016, golf returned to the Summer Olympics in Rio for the first time since 1904.

That same year, worldwide sponsorship spend on golf hit a record $1.82 billion, up 5.1% from the $1.72 billion spent in 2015, according to the Golf Sponsorship Spending Report from research and media intelligence firm ESP Properties, Chicago.

That $1.82 billion, however, represents just a small portion of golf’s financial impact worldwide.

In 2016, there was $84.1 billion in activity directly driven by golf, including $34.4 billion in revenue from golf courses, clubs, resorts, driving ranges and other facilities; and $25.7 billion in golf-related tourism spending, according to the just released U.S. Golf Economy Report from We Are Golf.

Overall, the golf industry supported $191.9 billion in total annual activity, including 1.89 million jobs and $58.7B in wages and benefits, according to St. Augustine, Fla.-based We Are Golf, a coalition of the game’s top associations and industry partners.

The report was released to coincide with National Golf Day (April 25).

The golf industry has hit some traps over the past few years, including Nike Golf phasing out clubs, balls and bags; adidas selling its golf-equipment brands TaylorMade, Adams and Ashworth; and Golfsmith filing for bankruptcy, with Dick’s Sporting Goods purchasing the name and 30 of Golfsmith’s 100-plus locations.

Also, according to industry analysts, since 2011, the number of golf facilities has declined and new course construction and golf community development is down.

On the plus side, The PGA Tour Superstore, now regarded as the No. 1 golf-specific national retailer in the U.S., is expanding and TopGolf continues to open and plan for new locations.

The financial impact of the golf business is seen in the rise of activity.

The $84.1 billion in golf-driven activity was up 22% from the $68.8 billion in the 2011 Golf Sponsorship Spending Report, the last time that We Are Golf researched the market.

One in 75 jobs in the U.S. is impacted by the golf industry, according to the U.S. Bureau of Labor Statistics.

“The many positive trends show how golf is vital to the prosperity of America’s economic and social well-being," Steve Mona, CEO for the World Golf Foundation and administrator of We Are Golf, said in a statement.

“Increases in so many categories signify the health of golf has far-reaching influence across many sectors of the U.S. economy.”

Among the findings in the U.S. Golf Economy Report, which was conducted by TEConomy Partners: golf’s annual contributions to the U.S. economy include:

• $34.4 billion in revenue from golf courses, clubs, resorts, driving ranges and other facilities (2.9% compound annual growth rate since 2011)

• $25.7 billion in tourism spending (4.6% CAGR)

• $7.2 billion in new home construction in golf communities (18.5% CAGR)

• $6 billion in sales of golf equipment, apparel and supplies (1.4% CAGR)

• $2.4 billion in professional tournaments, associations and player endorsements (3.16% CAGR)

• $1.9B billion investment in existing golf facilities (4.6% CAGR)

In addition, $3.94 billion was raised in 2016 for charity, through tournaments and other activities.

Sponsorship spend on golf $1.65 billion in 2014, $1.6 billion in 2013, $1.51 billion in 2012. $1,4 billion in 2011 and $1.36 billion in 2010, according ESP Properties.

According to the National Golf Foundation, in 2017, the number of people who played golf within the last 12 months amounted to 25.95 million in the U.S.

Among the highest-paid athletes in the world in 2017, according to Fobes, Rory McIlroy was No. 6 at $50 million ($34 million from endorsements), Phil Mickelson No. 12 ($43.5 million, $40 million from endorsements), Tiger Woods No. 17 ($37.1 million all but $100,000 from endorsements), Jordan Spieth No. 21 ($34.5 million, $29 million from endorsements) and Dustin Johnson No. 48 ($27.6 million, $11 million from endorsements).

"With one in 75 U.S. jobs impacted by golf, the industry plays a significant role in stimulating our economy nationwide,” said Mona.

“Last year, a record 2.5 million people tried golf for the first time, further cementing why it is vital to share golf’s interests with our country’s lawmakers, showcasing the game’s many economic, charitable and fitness benefits.”

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