96 teams at 1200 bucks per team.
96 x $1200 = $115,200 + other stuff
Mike,
I am sure you took some very complicated classes at Georgia Tech, but high school math covers this
Honestly, it sounds like a great club, and I am sure I would skip this tournament.
I'm sure you realize that there are two ways to look at this: GROSS proceeds and NET proceeds.
$115,000 is GROSS.
Then subtract:
1. Thursday night cocktail party at $50/head (192 players x $50)
2. Friday night stag night @ $100/head
3. Possible Saturday night dinner for couples
4. "Tee gift" for 192 players (shoes, travel bag, etc.)
5. Non-cash prizes for flight winners and champions
$115,000 less:
- $10,000 cocltail party
- $20,000 Friday finner
- $15,000 Saturday dinner
- $20,000 "tee prize)
- $5,000 prizes
- $XX,XXX for breakfasts and lunches and drinks on all days.
$70,000 total not counting overtime of staff.
$45,000 net that goes against all the other stuff mentioned above.
Drives club revenue, keeps staff busy, draws attanetion to what potential your course has.
BUT, the priority should be:
1. The club's member/member tourney
2. Club championship
3. Then the member/guest