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Tiger Woods celebrates after making a putt during the second round of the Masters | Courtesy: Getty Images
![](https://image-cdn.essentiallysports.com/wp-content/uploads/20210315204400/GettyImages-1142313060.jpg?width=600)
via Getty
Tiger Woods celebrates after making a putt during the second round of the Masters | Courtesy: Getty Images
There is no denying that the past couple of years haven’t been the best for the GOAT, Tiger Woods. An accident followed by personal tragedies, lawsuits, taking time off from pro golf due to aggravated injuries, a 3 billion-dollar merger with PGA Tour’s former nemesis LIV Golf, a betrayal, and then came the blow of his business partner at Albany Golf Course to be accused of insider trading.
However, Woods is nothing if not resilient. Not to mention, extremely forward-thinking. Therefore, he made some calculated choices in his life that have been yielding positive responses. Let’s take a look at how he plans to overcome his financial setback.
Tiger Woods is a smart businessman aside from being a prolific golfer
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The tragic lawsuit against his business partner Joe Lewis shocked the world. The billionaire from Britain and the American legend joined forces with music icon Justin Timberlake and veteran golfer Ernie Els, fondly known as Big Easy. Together they own the Albany resort in the Bahamas in New Province. The golf links host the Hero World Challenge with a prize purse north of $3 million.
However, in light of the recent development with one of the owners, Joe Lewis, the financial risks seem higher for the other partners. But Tiger Woods is one step ahead.
Earlier this year, the World Golf Hall of Famer announced a partnership with another sportsman who is just as legendary in the All-American Baseball circles. 3-time MVP and 10-time All-Star Mike Trout has plans for opening a golf course in his birthplace of Vineland, New Jersey with Tiger Woods and his golf course design business.
"Trout National, The Reserve" is expected to open in 2025. 👀https://t.co/kLjBrHc6DX
— Golf Digest (@GolfDigest) July 30, 2023
The Baseball GOAT is excited about the 18-hole golf course and working on it with Tiger Woods, the most prominently recognized golfer around the globe is a trip. While both parties are working on the design plans and expecting to have the golf club open for business in 2 years, it is also a blessed relief for the 11-times PGA Player of the Year.
Amid all the setbacks he’s been through, especially the one with the Albany golf course, this new venture would be profitable in more ways than one.
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He got another piece of good news
This might be a good year for Tiger Woods in regard to another piece of news he received this month. His long-standing lawsuit with ex-girlfriend Erica Herman also seems to be coming to its natural conclusion.
Not only is the 82-time PGA Tour winner saving money but also creating new opportunities to develop his financials. Even if he is away from the golf course, Woods’ business acumen is the ultimate savior. He prepared his next move before challenges [presented themselves, and that is why he is among the youngest to reach billionaire status before several world-renowned entrepreneurs.
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What are your thoughts on Tiger Woods and his business ventures? Share your thoughts with us below in the comments.
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