Rent For Torrey's Next U.S. Open: $2.5 Million

Going to a public course means getting to learn some of the financials associated with hosting the U.S. Open. Not mentioned is the percentage reaped from merchandise sales, but John Strege has a summary of the numbers spelled out in writing.

The San Diego City Council votes next week in a special meeting.

The $2.5 million rental fee does not even fall under Fiscal Considerations, which in essence is the windfall the city expects to realize, based on the success of the 2008 Open at Torrey Pines.

"It is anticipated that the 2021 U.S. Open will bring significant direct and indirect revenue to the City," San Diego's Request for Council Action states under the heading Fiscal Considerations. "The 2008 U.S. Open generated a regional economic impact of $142 million with specific benefits to the City of San Diego of $1.5 million in TOT [Transient Occupancy Tax] and $1.6 million in local sales tax."