Imagine taking the position that Phil and Brooks are smart about money. Lol.I’m of the opposite mind.
I don’t think that guys like Phil and Brooks would have staked their careers on contracts that weren’t absolutely iron-clad bulletproof so if all else failed, they were getting paid no matter what. There was a chance that they could have been completely blacklisted from PGA events for life.
That money is an easy write off as the acquisition cost of getting your foot in the door to buying an ownership stake in the PGA.