There is much talk about how golf is slowly dying as fewer people take up the sport. Golf is a game that is time-consuming, requires practice, is difficult to master and can be expensive to play. It is difficult to dispute these facts, however, is the golf industry really dying or is it going through an economic adjustment?
CTV News reported that, “a new survey finds the overall number of rounds played has dropped by nearly 15 per cent since 2008 — a tough hit for a multi-billion-dollar industry.” One of the current difficulties is keeping “under 30” players playing! If we match the rising costs of everything from fuel, fertilizer, wages, and equipment to the economic downturn from 2008-2012, there is no wonder that people with very little disposable income are finding something else to do.
Rick Harrow of Fox Sports is suggesting a different story. The golf industry and the PGA are doing fine. The influx of money from the Fox TV deal and the growth of club professionals are macro indicators that things are not as doom and gloom as some might suggest. Have a look below.
http://www.youtube.com/watch?v=7lglGuYlsUM
Does golf really need to adapt to survive? As a traditionalist, I suggest that some modifications to the game might be required, but not as to change the game dramatically. The “TEE IT FORWARD” initiative is a great example of modifying a round of golf without changing its integrity. However, even the Golden Bear, Jack Nicklaus, thinks it is time to make changes to mainstream golf. See below.
Personally, I am not a fan of bigger golf holes, playing football on the golf course, or changing the basic premise of the game. However, I am already an avid golfer so my opinion is definitely biased!
Earlier I wrote an article for Punditarena.com called “Is Golf Imploding?” The landscape of golf is changing. New faces of golf are emerging everyday. I would suggest that golf is evolving instead of imploding. This multi-billion-dollar industry will make the economic adjustment required to survive and grow….it always does!
Do you think that golf needs saving?
I am a grateful golfer! See you on the links!