Despite Offering Sandwiches for Just $3, Staggering $70,000,000 Augusta National Revelation Comes to Light

The Masters is the most exciting weekend of the golf calendar. The golf world enjoys the first Major of the season on their TV screens. However, some lucky fans do get the opportunity to watch the greats of the game live from Augusta National. Nonetheless, being at the iconic venue isn’t always about luck. In most cases, it is also about how much money a fan is willing to spend on the weekend. According to the latest revelation, the earnings of Augusta National will leave you astounded.

Playing at the Masters isn’t an opportunity for every golfer. Only an exclusive group of men who fall into the criteria are invited to play at the Major. Nonetheless, the lavish style of the club is also torched towards the fans spending spree at the Augusta National. Let’s take a look at how the Masters helps earn an 8 figure amount in a span of seven days.

How does Augusta National earn $70,000,000 during the legendary week?

A few days ago, the price of the hosting kit was revealed to be $175. The food kit can be fulfilling for around 12-14 guests. Moreover, the prices of the canteen food were also revealed to be around as low as $3 for a BBQ sandwich. Despite the cheap prices, a new revelation displays the exorbitant profit the Masters makes from the week.

Despite its low-priced food offering, Augusta National is reportedly earning $70 million from the ongoing Major. The profits are mainly earned through the sale of Masters merchandise. According to a prominent investor, Joe Pompilano, Augusta National makes $10 million per day during the whole week leading up to the Major.

He further segmented the earnings by claiming the Masters earns ‘$1 million an hour, $16,000 a minute, and $277 every second’. By the end of the year, the pro shop at Augusta National brings nearly $150 million in revenue. Since the iconic venue holds the reputation of hosting one of the most prestigious events of the year, it levels it up by selling pricey merchandise.

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Fans who make their way to Augusta National do wish to return back home with a souvenir from the 90-year-old golf club. With so much profit for the Masters just through their merchandise sales, the Major looks to further increase their profits in the coming years. Though they may earn an exorbitant amount of profit from the week, how much do they pay to the winner of the Masters?

What is the 2023 Masters’ Winner’s purse?

As Augusta National earns 8 figures just through merchandise sales, they provide the winner of the Green Jacket with comparatively lesser prize money. Unlike their nearly $70 million profit, the winner of this year’s Masters will receive $3.24 million.

It is nearly half a million more than Scottie Scheffler’s $2.7 million win last year at the Augusta National. Though the winner’s cheque may not be as hefty as the Masters merchandise sales, nearly all golfers relish the Green Jacket and a lifetime invitation more than the prize money.

What are your thoughts on Augusta National’s big earnings through the Masters merchandise sales? Share your thoughts in the comment section below.

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