As we near the final quarter of 2018, Golf Digest has compiled the salaries of golf leaders from 2015, the most recent year posted on various Form 990s. Tack on a safe 10% since and you can visualize how much golf's non-profit leaders are making.
John Paul Newport was charged with making sense of the numbers and noted the spike down in Ponte Vedra, but as he points out it's a large operation generating revenue on many fronts compared to other golf organizations making most of their money off one or two major tournaments.
If Davis and his colleagues in golf's top nonprofit jobs deserve what they earn, why the big jump in pay for PGA Tour executives? Primarily because, practically speaking, the tour functions more like an entertainment business than a trade association.
PGA Tour Inc. qualifies as a nonprofit because it exists not to make money for itself or for owners and shareholders, of which there are none, but primarily to organize, support and create opportunities for its members, independent contractors that we commonly refer to as tour pros.
Eh eh, that's TOUR.
Anyway, the real standouts on this year's list include Mike Whan crossing the two commas line, a bevy of PGA of America C-level salaries climbing nicely, the NGF's Joe Beditz raking in $448k and of course, AJGA head Stephen Hamblin making over $500k now. Who knew junior golf could be so lucrative? Oh right, we learn that around this time every year.