Private Sponsorship
Private sponsorship will be available for $500 U.S. You can invest one unit, more than one unit, or you can split a unit. All that I ask is if you would like to split a unit is to put it under one name. For your investment you will receive a percentage of ownership and therefore receive a percentage of the tournament winnings at the end of the 2009 season.
The length of the term will run from February 1, 2009 through the end of the year. At the end of the year the payout will be made to private sponsors. 80% of all tournament prize money will be returned to private sponsors, while I will retain 20%. The pages titled Example Private Sponsorship Scenarios lists examples of how this works.
On top of the percentage of winnings at the seasons end, 10% of my annual PGA Tour winnings will be distributed amongst all private sponsors, both past and future, for the duration of my career on the PGA Tour.
The deadline for sponsorship will be April 1, 2009 and at that time the amount of units sold will be final. Shortly after February 1st all investors will receive a package including a partnership agreement, how much money was raised, their percentage of ownership, and information pertaining to where and when I will be playing.
Having private and corporate sponsors means that funds raised will have come from two separate sources. Only the private sponsors will be members in the business and have returned to them a percentage of the prize money, while the corporate sponsors will receive advertising and be kept separate. The funds raised from corporate sponsors will be kept in a separate account and will be used at my discretion. I will use a majority of these funds for my golfing expenses, which will make the private sponsorship dollars go further. With this said, I believe that corporate sponsorship will result in a larger return for private sponsors.
Your investment is not a loan and this is not an investment scheme. It is an opportunity for you to participate in my future. I will work my very hardest to see that you earn a positive return on your investment and have a rewarding, enjoyable experience.











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