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FORTUNE TAKES IN-DEPTH LOOK AT TIGER AND THE GOLF BUSINESS

          Tiger Woods is the cover story of the current FORTUNE,
     with a profile by Roy Johnson under the header, "Tiger! Now
     The Sky's The Limit For Golf -- The Game And The Business."
     NBA Commissioner David Stern: "You have a charismatic star
     who redefines the way his sport is played, you've got hunger
     for programming from an array of television networks, and
     you have a marketing colossus like Nike involved.  It's a
     recipe for sports success and for the enormous growth of
     golf."   Nike Chair Phil Knight: "People often tell me that
     Michael Jordan was the first superstar of the wired world.
     Well, today's world is a lot more wired.  There are so many
     more ways for [Tiger] to touch people than there were for
     Michael that he could easily be as widely known around the
     world as any athlete today -- and in a fraction of the
     time."  One rep from one of golf's "major" corporate
     sponsors, on Woods' entry onto the golf scene: "He's a guy
     who's African-American, not the white, middle-class kids who
     grew up in the country club.  A lot of people in golf were
     happy with that image, that elitism.  It's what they sold. 
     Now, right before their eyes, he's redefining what the sport
     of golf is, and they're not happy about it."  The piece goes
     on to examine the breakdown of revenue on the PGA Tour, the
     upcoming TV rights negotiations, corporate sponsors
     involvement and golfing demographics (FORTUNE, 5/12 issue).
          TIGER TALK: In GOLFWEEK, Adam Barr examines Woods'
     potential on the golf business' bottom line, but adds the
     industry must address problems of course and facility access
     to meet new demand.  Barr: "If we don't, that sports car
     Tiger is revving may just spin its wheels, plenty fast, but
     going nowhere" (GOLFWEEK, 4/26)....Earl Woods is profiled in
     the N.Y. TIMES under the header, "Tiger Woods Is Still Safe
     In His Father's Arms" (N.Y. TIMES, 4/30).  

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