28 Aug '16, 3pm

Twenty years ago today, Tiger Woods turned pro and changed golf forever:

The anticipation of Tiger embarking on his pro career was, in part, bolstered by the unprecedented endorsement deals with Nike and Titleist that Woods announced before hitting his first shot at Brown Deer Park. Agents and industry observers had estimated that Woods would make around $15 million upon turning pro, an outrageous sum considering that players rarely signed endorsement deals without already having a PGA Tour card in hand. But the actually numbers dwarfed the predictions. Golf World reported that the Nike agreement was for an estimated $40 million—$6.5 million per year for five years with a $7.5 million signing bonus—to wear the company’s shoes and apparel. The Titleist arrangement was $3.5 million for three years to play the company’s clubs and balls.

Full article: http://www.golfdigest.com/story/what-golf-looked-like-bef...

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