Where is the intersection of money and golf, and even more specifically, the long-term financial impact on our local economy of an event like the RBC Heritage Presented by Boeing?
Did you know that the first Heritage Classic was played 45 years ago on Nov. 27-30, 1969, and offered a $1,000 purse with $20,000 going to its winner, Arnold Palmer? Today’s purse of $5.8 million and winner’s share of over $1 million have certainly kept up with inflation.
With the success of the tournament, its economic impact on our community has grown as well.