Jordan Spieth’s ‘Appearance Fee’ at the Australian Open is insane
The Australian Open is going down under this week and they are doing a lot to attract the game’s biggest stars.
According to a Reuters report, Spieth stands to make $1 million — and that’s before he hits a single shot.
While the fee may seem excessive — especially when the tournament’s total purse is only 1.25 million Australian dollars (that’s $943,624.93 based on today’s currency conversion rate) — it’s a common practice for international off-season events to offer hefty appearance fees to players in an effort to entice the game’s biggest stars to show up.
And big names can equal big bucks.
“We’ve basically sold out of corporate hospitality and Jordan’s announcement really helped that,” Golf Australia chief executive Stephen Pitt told Reuters. “And pre-sales of tickets are much more advanced of last year.”
Spieth has had a lot of success in Australia winning the event two out of the last three years, and was a co-runner-up with Adam Scott in 2015.
No matter how he finishes this year, he will be pulling in a huge payday.
Dan Schalk
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