Undoubtedly a cheap pick up for the developer. Probably less than phil at this point?
That asumption would be WAAAAAAAYYYYYYYYY off the mark. I highly doubt exact terms are made public but the deal has many levels of participation for Tiger and his team.
When you think about the reality as Jud touches on I really think Tiger was just about the only name that could generate any real buzz with this new course. It is not a piece of land that the "it" guys, Doak, C&C, Hanse would even consider and what other name could create excitement for what might well be a rather pedestrian resort course?
I do not mean to say the land is terrible, it is not, but it does not compare to that which Paul and Davis had to work with in the dunes or the land Jack and even Weskopf had at Cabo del Sol.
I am sure Tiger (Beau Welling) will create a very attractive and well received course that will continue the amazing succes story that is Diamante. One has to commend that team for battling through and beating some pretty long odds in simply getting the first course done and then having any measure of success in their real estate/timeshare product in this market.
If it's good for Cabo it's good for all of us... perhaps a site tour during the Tequila Cup?
