Bryson DeChambeau of the United States hands on the 13th green during the second round of the 2021 PGA Championship on May 21, 2021 at the Ocean Course at Kaiwer Island Resort in Kaiwer Island, South Carolina. I’m shaking.
Sam Greenwood | Getty Images
Rory McIlroy is expected to become the gold tycoon of golf and Bryson DeChambeau is on the rise, according to a new study of future earnings for PGA Tour players under the age of 50.
New York-based financial advisor Duff and Phelps predicts that 32-year-old McIlroy will have a $ 401 million career by the time he turns 50. McIlroy leads the list of talented golfers on the 2021 Future Career Value (FCV) list. Duff and Phelps estimate that the top 10 golfers, including DeChambeau, will make a total of $ 2.15 billion by the time the player turns 50. This is up from $ 1.89 billion from the first year of the pandemic list.
In an interview with CNBC on Thursday, Mark Mondello, managing director of the company’s evaluation services, said player performance and estimated recommendations on the golf course are important indicators for determining the list. ..
“It looks to the future,” Mondello said. “It is based on detailed statistical analysis and mathematical modeling to obtain these results.” This also takes into account the popularity of the brand of players off course.
Duff and Phelps estimate that McIlroy’s sponsorship revenue, including deals with Nike, Electronic Arts and tailor-made sporting goods companies, is fixed at around $ 300 million.
US golfer Justin Thomas, the winner of the 2021 PGA Players Championship, is second on the list with an estimated $ 299 million in career revenue. And perhaps the most intriguing player on the list, DeChambeau is growing in popularity, moving five spots to third place and forecasting a career income of $ 225 million.
Bryson builds brand
Mondello, head of Duff and Phelps’ global sports and entertainment division, said the company employs a large number of golf fans. They used evaluation resources to create rankings. This will help the company identify future golfers to sponsor. Mondello added that the company used “the basic time value of money and risk adjustment factors” to forecast the earnings of 60 male golfers under the age of 50.
“We settled at a rate of 10%, but there are many factors you need to consider because there is a risk that someone will be able to achieve these projected returns over time,” says Mondello. I did. “That’s what we do to value our business and assets. We anticipate future cash flows and discount them to their present value.”
Xander Schauffele and Dustin Johnson are two other golfers who are expected to exceed $ 200 million. They are ranked 4th and 5th on the 2021 list. Collin Morikawa ($ 197 million), Jon Rahm ($ 169 million) and Viktor Hovland ($ 163 million) conclude the 6-8 spots.
Northern Ireland’s Rory McIlroy will play shots from the 14th tee in the continuation of the first round of the Memorial Tournament at Muirfield Village Golf Club in Dublin, Ohio on June 4, 2021.
Andy Lions | Getty Images
However, DeChambeau is currently one of the hottest players on the PGA Tour. According to his PGA Tour profile, the 27-year-old DeChambeau weighs 6 feet-1, 235 pounds and is more like a professional soccer player or wrestler than a golfer.
DeChambeau has unique support with top sports betting company DraftKings. And his exposure only grows when he attends Turner Sports’ next The Match Golf event. It features the National Football League star quarterback Tom Brady, Aaron Rodgers, and the PGA Tour icon Phil Mickelson.
DeChambeau turned professional in 2016 and has won eight PGA Tour tours, including the US Open last September. He earned $ 24 million in his career and will try to repeat the US Open this month at Torrey Pines in San Diego, California. According to the official World Golf Ranking, DeChambeau is currently ranked 5th in the world through 49 events in 2021.
DeChambeau is also involved in a golfer’s feud with his PGA Tour companion, Brooks Koepka. Brooks Koepka is ranked 10th on the list for $ 144 million. Tensions seemed to have increased in a media interview at the PGA Championship last month.
DeChambeau downplayed Koepka’s problem, but said it was “good for the game.” Nonetheless, this feud supports DeChambeau’s another indicator, the newly installed Player Impact Program on the PGA Tour. This is an incentive plan that splits $ 40 million among renowned golfers whose popularity helps grow the PGA Tour brand and increase the audience for the event.
“He has a tremendous future,” Mondello said of DeChambeau.
Tiger Woods will play shots from the second tee in the final round of the PNC Championship at the Ritz-Carlton Golf Club Orlando on December 20, 2020 in Orlando, Florida.
Mike Aman | Getty Images
How about Tiger Woods?
Again, Mickelson is not counted because the list only considers golfers under the age of 50. The investigation begins with admitting that Mickelson, who won the 2021 PGA Championship in May, has become the oldest player to win the Major PGA Tour Major.
Asked if Mickelson was as young as 49, Mondello predicted he would be in the top, saying, “He (Mickelson) is still a golfer related to the course and he’s just supportive and huge. “He added.
Another related golfer, Tiger Woods, was ranked 9th in this year’s FCV rankings. Woods, 45, is expected to earn $ 150 million over the next five years before joining Mickelson and being excluded. Until then, Mondello said the income from Woods’ endorsement should help maintain his ranking.
Woods is currently rehabilitating from a serious car accident in February, but has returned to the video game sponsorship space. He agreed to a license agreement with Take-Two Interactive and used his name, images and portraits to appear in the company’s new golf game, the PGA Tour 2K. This is the first time Woods has appeared in a video game since 2013.
“He creates so much value,” Mondello said of Woods. “In our research, he’ll only get it ($ 150 million) over the next five years, but he’s still in our top ten.”
Read the full golf report of Duff and Phelps here.
Bryson DeChambeau is on the rise, but Rory McIlroy is planned as the gold king of golf
Source link Bryson DeChambeau is on the rise, but Rory McIlroy is planned as the gold king of golf