Australian (ASX) Stock Market Forum

Tiger Woods appearance fee?

We should start to do things differently so we don't have another global financial meltdown. And not for a moment I think that this one is over.

Having one person earning insane amount of money and another (their fault or not) in absolute poverty.

Fees and wages should have a limit and no person in a lifetime should be allowed to earn 1 BILLION DOLLARS
 
We should start to do things differently so we don't have another global financial meltdown. And not for a moment I think that this one is over.

Having one person earning insane amount of money and another (their fault or not) in absolute poverty.

Fees and wages should have a limit and no person in a lifetime should be allowed to earn 1 BILLION DOLLARS

Why the hell not? Are you a socialist, or something? (Fine if you are)

What motivation is there to work long hard nights, study for 5 years longer than most, and sacrifice many aspects of personal life? Why would I work so hard, when my salary is going to be capped at $XXXX?

I would love to be a billionaire. The super-yachts, a big ol' beach house for every day of the week, a couple of helicopters, and perhaps even a private jet. You, nor anybody else; has the right to tell me that I am not allowed to aspire to these possessions. Will I ever get these things? I might. The odds are certainly stacked against me, but I am very young, have no intent of children, and am already quite money savvy.

Everyone being a middle class family-man with 2.5 kids might sound like nirvana to you, but it sounds like hell to me.

What I will agree on, is that yes - something needs to change. Salaries need to become more performance based; individually assessed. But, guess what? What's good for the goose, is good for the gander. This rule should not only be applied to white-collars, but to all employees. Abolish unions, and let people negotiate based on their own merit.
 
I did allude to the moral values on this topic but the money aspect overrides. It would be interesting to see a show of hands across Victoria on whether they want to pay a professional to play a game of golf in their state.
 
I have no issue with his appearance fee - he generates huge demand that his asking fee is simply a percentage of the finances that he generates.
The govt paying for it though is totally unacceptable. The main sponsors and tournament organisers as well as tv networks are the main beneficiaries of his appearance - they are the ones that should be paying for it. Just appears too much like business interests and govt working together at the expense of the tax payer.
Tiger has given alot back in charity (alot more than most) so I wouldnt hang it on him being greedy or anything. Like I said before, its simple case of supply and demand - him being hugely in demand.
 
I have no issue with his appearance fee - he generates huge demand that his asking fee is simply a percentage of the finances that he generates.
The govt paying for it though is totally unacceptable. The main sponsors and tournament organisers as well as tv networks are the main beneficiaries of his appearance - they are the ones that should be paying for it. Just appears too much like business interests and govt working together at the expense of the tax payer.
Tiger has given alot back in charity (alot more than most) so I wouldnt hang it on him being greedy or anything. Like I said before, its simple case of supply and demand - him being hugely in demand.

And that is the meat in the sandwich.

The total prize pool is (just) $1.5 million. The Wood`s camp set the fee and the organisers and government had to stump up or otherwise a no show. Maybe 5 or 10 million next time. Australia happy hunting ground.
 
What I will agree on, is that yes - something needs to change. Salaries need to become more performance based; individually assessed. But, guess what? What's good for the goose, is good for the gander. This rule should not only be applied to white-collars, but to all employees. Abolish unions, and let people negotiate based on their own merit.

This is actually socialism. There are a number of quotes to draw from, but the essence is that you are fairly compensated for your value.
 
The govt paying for it though is totally unacceptable. The main sponsors and tournament organisers as well as tv networks are the main beneficiaries of his appearance - they are the ones that should be paying for it. Just appears too much like business interests and govt working together at the expense of the tax payer.

I'm sure the government wont do to badly out of it indirectly with all the extra money that is being spent on the event now that Tiger is invloved. It's possible that people will come from outside Victoria and spend money here while they are seeing him.
Im guessing the government would use the same argument that the use for having the F1s here....
 
Im guessing the government would use the same argument that the use for having the F1s here....

I dont know if that is a good argument when it cost the Victorian taxpayer $40 million to bankroll the Australian F1 Grand Prix in 2009.
http://www.heraldsun.com.au/news/me...-40-million-loss/story-e6frf7jo-1225787073775

When is the Victorian Government going to wake up to the fact they are getting rorted by the Australian Grand Prix Corporation, Bernie Eccelstone and co.
 
Decency comes to mind; also current remuneration rules do not seem to be right.

Not sure if: ‘you pay peanuts you get monkeys’ applied to all the billions paid to top CEO and Global Financial meltdown they produced, looks that peanuts got more expensive.
 
1. The government will get back their $3 million tend fold or maybe more - they probably already have with the exposure it has generated.

2. Some of you have typical Aussie attitudes - if someone is successfull we love to bring em down. Woods can do what he wants with the money, he HAS earned it and its his cash. I doubt any of you would donate $1 to charity when you make money on stocks, so why bag other people - worry about yourself and what YOU are doing for the community, and what charities YOU are donating your $ to.

Tiger is a great role model for people, he never does anything wrong, doesnt drink, take drugs and all that **** and is a fantastic golfer, so good luck to Tiger. :D
 
1. The government will get back their $3 million tend fold or maybe more - they probably already have with the exposure it has generated.

So you, and the others previously, are saying the $1.5 million (only half of the $3 million) spent on the appearance fee by the Victorian State Government will generate at least $15 million in STATE taxes/revenue?

Any tax on profits is paid to the federal government.

Just curious how the state revenue will be recouped?
 
I still cannot get my head around some of the responses. :banghead: I'm almost lost for words.

Who gives a #%$@ about the 1.5 Million the Victorian Goverment put up, Imagine all the publicity Victoria and Melbourne are getting on the world stage from this.

There is 414,000 online articles for ' Tiger Woods Melbourne ' in the last week alone, to get that sort of exposure, with possibly the worlds best athlete for 1.5 Million.........Cheap :2twocents.
 
From a financial point of view it makes sense. In one sense its exactly the same as paying to bring out a rock band, people want to see him. The tournament is sold out. End of discussion really. :rolleyes:

If you are talking about the amount of money that is paid to people to run about chasing a ball or riding a bike, being all out of proportion to what they do I think it's bloody disgraceful. While research scientists & doctors get paid a pittance in comparison, unless of course the doctor is a cosmetic one.
I don't care how good someone is at a sport, we have our values way out of wack on how we treat them and venerate them.
Great summary, Vizion.

Good for Tiger Woods. If he has the capacity to draw that kind of money, good luck to him. It's just as good an investment for Australia as any other sporting event.

None of our business how he spends it or doesn't. Do any of you who are critical of him like the idea of someone coming out and telling you how you should allocate your financial resources???

The funding of our medical researchers is a whole other question. Yes, it's just pathetic. If our society fairly allocated resources in terms of civic and humanitarian value, then there would be no need for all the fund raising activities of the Heart Foundation, Cancer Society etc etc.
 
At first I thought the price tag was a little extreme. That amount of cold hard cash would buy you a grand army of golf buggies. However, as I begun pondering about the decision I realised it's probably justified due to the event selling out and the massive amount of publicity Tiger's appearance is bringing to Melbourne. It's not everyday the greatest golfer in the world turns up on your doorstep and decides to play a few rounds. Wehey!

Having said that, how embarassed would the Victorian government be if he plays really ****house and misses the cut.

Chin up Brumby, it's only...

Dr.%20Evil.jpg


THREE MILLION DOLLARS!!!
 
Ridiculous IMVHO! Money wasted.
He'll make more from merchandising in Australia because of this funding.
Total conjob, total waste of taxpayer money.

Make you're own money like the rest of us. You're own name is sus too!
If you like Australia, you would come and play for the money/trophy. If that's not meritorious enough. Please choose another location IMVHO. I mean even Greg Norman in his prime would choke against you on the 17th or 18th hole of any major in the world. But seriously, taxpayers money is better spent on the many than on you!

Tiger Woods you are a great golfer. But maybe you need to attract enough private money to really prove it as opposed to accepting handouts that could be spent in other more constructive ways.

Do it your own way.
 
Why people are not crying on stiumlus money when crying for Tiger Wood's appearance fee of $3 M/

IMO when Paris Hilton charges appearance fee to promote businesses with her presence, we have skimpy bar maids in Digger and Diller and some of the raunchy pubs why not take Wood as entertaining the public ?

Tiger has proved that with his appearnace the ticket has been well sold. I heard many in ABC radio today that they felt money was well spent.

THe hype and publicity from Tiger's presence has generated lot of revenue through media hype. increased sales of merchandise (some goes to Tiger), advertisement - all positive.

If we do not mind to dole out multi million dollars to failed super fund managers and lot of the crap CEOs, open ended dole system to refugees coming to this country, paying millions towards Royal Commission, I think let us not cry wolf with Tiger.

Disclosure : I will not buy any golf ticket to watch someone earning than me earning money at that time :D:D
 
Why people are not crying on stiumlus money when crying for Tiger Wood's appearance fee of $3 M/

IMO when Paris Hilton charges appearance fee to promote businesses with her presence, we have skimpy bar maids in Digger and Diller and some of the raunchy pubs why not take Wood as entertaining the public ?

Tiger has proved that with his appearnace the ticket has been well sold. I heard many in ABC radio today that they felt money was well spent.

THe hype and publicity from Tiger's presence has generated lot of revenue through media hype. increased sales of merchandise (some goes to Tiger), advertisement - all positive.

If we do not mind to dole out multi million dollars to failed super fund managers and lot of the crap CEOs, open ended dole system to refugees coming to this country, paying millions towards Royal Commission, I think let us not cry wolf with Tiger.

Disclosure : I will not buy any golf ticket to watch someone earning than me earning money at that time :D:D

If he's that good why does he need public money? What? The well-to-do don't want him here??? ;) Heaven forbid! :eek:

DISCLOSURE: I'm not disputing the fact that he is the greatest golfer in the world at present.

P.S. If your game is so great fellas. Cough up! Otherwise shut-up!
 
I don't know Tiger Woods though I believe he is a good quality human being that can play golf as good as the best of them. I'm sure all the golfers/sport fans would have enjoyed watching him on telly and live.

The End.
 
I don't know Tiger Woods though I believe he is a good quality human being that can play golf as good as the best of them. I'm sure all the golfers/sport fans would have enjoyed watching him on telly and live.

The End.

There's the tautology! I don't know Tiger Woods but I believe.
There are plenty of people doing it hard in the suburbs of Melbourne.

I can hear it now.

Mum can I have some corn flakes with milk before I go to school today, no sorry son/daughter but check out Tiger on the Tube! Bull****!
 
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