With the exception of hockey which seems to have declined steadily (regardless of economic conditions), the overall health of sports teams seems to be fine. We haven’t heard much about ticket sales and attendance figures dropping, not to mention merchandise sales and money spent at games. We have heard that the economy may be preventing rich alumni from coming through on their promised donations to their alma maters, and now I’m reading that sponsorships of individual athletes could be waning. Evidence Buick with Tiger Woods:
GM may implement a round of cost cuts because a planned $15 billion in asset sales and savings won’t be enough to maintain its liquidity amid deteriorating sales, people familiar with the matter said. The company’s stock has dropped more than 74 percent this year, to $6.19 at yesterday’s close, and GM has cut 53,000 union workers since 2005.
Because of that, [Woods' agent Mark] Steinberg said in a telephone interview that he wants to find out if it “makes sense to continue” beyond 2009, when the contract expires.
…
In the coming year, [Woods' agent Larry] Peck said, Buick would be “trimming back” some of its spending on “back of the house” things, such as hospitality at sports events.
One of the problems might be that Tiger is out recovering from knee surgery meaning he’s not producing returns on investment. Buick is also a big sponsor of the PGA Tour in general, so they may choose to scale that back, if not Woods. Bottom line: if the money isn’t there, it’s going to be hard for Buick to advertise, right?

So most people were going gaga over Greg Norman’s resurgence at Royal Birkdale where he shot even par on both Thursday or Friday and two over Saturday, leaving him in the lead after 54 holes. All this talk about his brilliance and how his marriage to Chris Evert changed his life and gave him a new mental edge. Yeah, so much for that. If that were the case, then why did he blow the lead like usual? I do have to admit that I was utterly stunned to see Norman’s name towards the top of the leaderboard on Thursday. I honestly thought the senior scores were getting mixed in with the regular players because it had been so long since Norman was a contender on the scene. Anyway, Norman managed to turn the attention away from himself come the final round, and the real story was Padraig Harrington.
Just when it looked like Michelle Wie might actually do something productive on the LPGA tour, she goes out and flubs it all up with a bone-headed move. Ms. Wie last graced the pages here at LBS because of the news that she was
OK, so I was
I’m glad I’ve opened up to golf in time to witness and enjoy Tiger Woods. I didn’t grow up playing golf, still don’t, and I never really watched or followed it growing up. Make that at all. It wasn’t until recently for work purposes that I started following golf much closer, even watching events. So while I always knew the big names just from watching SportsCenter enough, I really couldn’t, and probably still can’t have much of a historical debate on the subject. But I do know this much: it’s not too late for me to be up-to-date on Tiger Woods.








