Home/Golf

via Reuters

via Reuters

0
  Debate

Debate

Tiger Woods's $650M deals—proof he's still the king of golf despite his hiatus?

Tiger Woods has not played a golf tournament since the British Open at Royal Troon last July. He has also not been informed when he will be playing competitive golf next, with his involvement in the Presidents Cup also in doubt. However, he is still active in expanding the game and bringing it to the masses. One such way he has done this is by investing in PopStroke, a golf entertainment chain.

The family golf and food entertainment chain has been revealed to be close to opening in Daytona Beach, Florida. Pictures and a video have emerged showing that construction is almost completed, and the venue is set to welcome guests to its lush greens and outdoor eating area.

ADVERTISEMENT

Article continues below this ad

PopStroke was started by Greg Bartoli in 2018 and opened its first venue in 2019 in Port St. Lucie, Florida. Tiger Woods also joined the venture in 2020, and the idea was strengthened by the backing of TaylorMade in 2023, who became both an investor and equipment partner.

PopStroke is said to have a net worth of $650 million as of 2023, and they have opened their doors in many cities, including Las Vegas, Nashville, Dallas, and Austin. They pride themselves on bringing a mini golfing experience that is inclusive and fun. They have also incorporated an app developed by another of the founder’s companies, Heard Technology, which customers can use to keep score and order food or drinks to where they are on the mini-golf course.

ADVERTISEMENT

Article continues below this ad

The quickly expanding company is indicative of both the founder of the company, Greg Bartoli, as well as the astuteness of Tiger Woods’ business acumen. As it turns out, Woods has grown into a savvy businessman and hard-working bureaucrat in recent times.

What does Tiger Woods do apart from golf?

What’s your perspective on:

Tiger Woods's $650M deals—proof he's still the king of golf despite his hiatus?

Have an interesting take?

Having made enormous riches in his long and glorious playing career, Tiger Woods knew he had to expand on what he had done. His first venture was established in 1996 and was a foundation for underprivileged inner-city kids known as the TGR Foundation. But that was only the beginning. He followed other golf legends like Arnold Palmer and Jack Nicklaus in designing golf courses with TGR Design. They have designed many beautiful courses like the Bluejack National, El Cardonal at Diamante, Payne’s Valley, and The Hay at Pebble Beach.

ADVERTISEMENT

Article continues below this ad

He is also a major investor in a real estate company known as Nexus Luxury Collection, along with pop star Justin Timberlake. Another business venture of his is the upscale restaurant Woods Jupiter, on Jupiter Island near his residence. A more recent and golf-related venture is TMRW Sports, which he started with Rory McIlroy and others, and which will showcase a new form of golf based on golf simulations in a tournament known as the TGL League.

All of this makes it seem that Tiger Woods barely has the time to compete in golf. But as his retirement nears, it is no doubt a very good use of his time, money, and efforts. His presence on the PGA Tour board has also shown that he gives his time to the protection of players and his legacy in the sport he gave so much to and got so much back from as well.