Golf: The U.S. Open Sponsors Index

Golf: The U.S. Open Sponsors Index

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The US open is arguably the largest professional golf competition in the United States.  Unlike the Masters, which is played in Augusta, Georgia, the US Open changes location each year.  This year it will be played in San Francisco June 14-17.

Sponsorship is a huge component of the professional sporting industry. Companies pay the athletes millions of dollars just to place their logo on the athlete’s hat or shirt. Popular athletes like Tiger Woods and Phil Mickelson are paid millions of dollars to wear logos on their clothing.

Big money is involved in the US Open, and that big money spent on advertising can turn into big revenue for the companies who sponsor the athletes and the tournament.

The US Open is viewed by millions and is one of the most highly watched sporting events around the country, and even worldwide.  The broadcast will be on NBC (CMCSA).

Here is a list of some of the major sponsors involved in advertising on the PGA Tour in general, and specific golfers:

 

1. Comcast Corporation (CMCSA, Earnings, Analysts, Financials): Provides entertainment, information, and communications products and services in the United States and internationally. Market cap at $78.27B, most recent closing price at $29.03. All live footage of the event will be aired on NBC, owned by Comcast. The outing is believed to bring in millions of viewers and be the highest rated program on television. NBC will be able to promote their own shows during the broadcast.

 

2. Walt Disney Co. (DIS, Earnings, Analysts, Financials): Operates as an entertainment company worldwide. Market cap at $80.15B, most recent closing price at $44.84. Extended coverage of the US Open will be aired on ESPN, an affiliate of Disney.

 

3. Nike Inc. (NKE, Earnings, Analysts, Financials): Designs, develops, and markets footwear, apparel, equipment, and accessory products for men, women, and children worldwide. Market cap at $48.36B, most recent closing price at $105.51. Nike has invested a lot of money over the years on Tiger Woods, who wears their clothing and promotes NikeGolf. He is one of the world's most popular golfer.

 

4. Exxon Mobil Corporation (XOM, Earnings, Analysts, Financials): Engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products, as well as transportation and sale of crude oil, natural gas, and petroleum products. Market cap at $362.87B, most recent closing price at $77.60. Major Sponsor of Phil Mickelson, one of the world's most popular golfers.

 

5. The Charles Schwab Corporation (SCHW, Earnings, Analysts, Financials): Provides securities brokerage, banking, and related financial services to individuals and institutional clients. Market cap at $15.45B, most recent closing price at $12.14. Sponsor of the PGA Tour, will air commercials.

 

6. General Electric Company (GE, Earnings, Analysts, Financials): Operates as a technology, service, and finance company worldwide. Market cap at $193.26B, most recent closing price at $18.24. Sponsor of the PGA Tour, will air commercials.

 

7. AFLAC Inc. (AFL, Earnings, Analysts, Financials): Provides supplemental health and life insurance. Market cap at $18.19B, most recent closing price at $38.89. Sponsor of the PGA Tour, will air commercials.

 

8. Anheuser-Busch InBev (BUD, Earnings, Analysts, Financials): Engages in brewing and selling beer in North America, Latin America, Europe, and the Asia Pacific. Market cap at $106.04B, most recent closing price at $66.02. Sponsor of the PGA Tour, will air commercials.

 

9. Mastercard Incorporated (MA, Earnings, Analysts, Financials): Provides transaction processing and related services to customers principally in support of their credit, deposit access, electronic cash and automated teller machine payment card programs, and travelers' cheque programs. Market cap at $51.59B, most recent closing price at $408.20. Sponsor of the PGA Tour, will air commercials.

 

10. Deere & Company (DE, Earnings, Analysts, Financials): Provides products and services primarily for agriculture and forestry worldwide. Market cap at $28.79B, most recent closing price at $71.65. Sponsor of the PGA Tour, will air commercials.

 

11. International Business Machines Corp. (IBM, Earnings, Analysts, Financials): Provides information technology (IT) products and services worldwide. Market cap at $218.24B, most recent closing price at $189.20. Sponsor of the PGA Tour, will air commercials.

 

12. American Express Company (AXP, Earnings, Analysts, Financials): Provides charge and credit payment card products, and travel-related services worldwide. Market cap at $62.13B, most recent closing price at $53.98. Sponsor of the PGA Tour, will air commercials.

 

13. FedEx Corporation (FDX, Earnings, Analysts, Financials): Provides transportation, e-commerce, and business services in the United States and internationally. Market cap at $26.6B, most recent closing price at $84.34. Sponsor of the PGA Tour, will air commercials.

 

14. Tiffany & Co. (TIF, Earnings, Analysts, Financials): Engages in the design, manufacture, and retail of fine jewelry worldwide. Market cap at $7.01B, most recent closing price at $55.47. Sponsor of the PGA Tour, will air commercials.

 

 

(Written by Ryan Horch. Data sourced from Finviz)

 

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