This news has been received from: CNBC

All trademarks, copyrights, videos, photos and logos are owned by respective news sources. News stories, videos and live streams are from trusted sources.

Bryson DeChambeau of the United States waves on the 13th green during the second round of the 2021 PGA Championship at Kiawah Island Resort's Ocean Course on May 21, 2021 in Kiawah Island, South Carolina.Sam Greenwood | Getty Images

Rory McIlroy remains the projected money king of golf, and Bryson DeChambeau is on the rise, according to a new study on future earnings for PGA Tour players under the age of 50.

Top New York-based financial advisory firm Duff and Phelps estimates McIlroy, 32, will make $401 million in his career by the time he reaches age 50. McIlroy leads a talented list of golfers on the 2021 Future Career Value (FCV) list. Duff and Phelps estimate the top 10 golfers, including DeChambeau, will make a combined $2.15 billion by the time the players are 50 years old. That's up from $1.89 billion from the list's inaugural year during the pandemic.

In an interview with CNBC on Thursday, Mark Mondello, the firm's valuation services managing director, said players' performance on the golf course and estimated endorsement values are critical metrics to determining the list.

"It's future-looking," Mondello said. "It's based on a detailed statistical analysis and mathematical modeling to get to these results," which also factored in popularity around the player's brand away from the course.

Duff and Phelps estimate McIlroy has roughly $300 million in sponsorships revenue locked in, including deals with Nike, Electronic Arts, and sports equipment company TaylorMade.  

U.S. golfer Justin Thomas, the 2021 PGA Players Championship winner, is second on the list with an estimated $299 million in career earnings. And DeChambeau, perhaps the most intriguing player on the list, due to his increasing popularity, moved five spots up to third, with a projection of $225 million career earnings.

Bryson building his brand

Mondello, who leads Duff and Phelps' global sports and entertainment division, said the company employs many golf fans. They used their valuation resources to create the rankings, which could help companies identify future golfers to sponsor. Mondello added the firm used "basic time value of money and risk adjustment factors" to project the earnings of 60 male golfers under age 50.

"We settled on a 10% rate, but there are many factors you have to think about because of the risks of someone being able to achieve these projected earnings over time," Mondello said. "That's what we do to valuing any business or assets – we project future cash flows and then discount them back to their present value."

Xander Schauffele and Dustin Johnson are the other two golfers projected to finish above $200 million. They're ranked fourth and fifth on the 2021 list. Collin Morikawa ($197 million), Jon Rahm ($169 million), Viktor Hovland ($163 million) round out the six through eight spots.

Rory McIlroy of Northern Ireland plays his shot from the 14th tee during the continuation of the first round of The Memorial Tournament at Muirfield Village Golf Club on June 04, 2021 in Dublin, Ohio.Andy Lyons | Getty Images

DeChambeau, though, is currently one of the most talked-about players on the PGA Tour. DeChambeau, 27, is 6-foot-1, 235 pounds, according to his PGA Tour profile, resembling a pro football player or wrestling figure more than a golfer.

DeChambeau has a unique endorsement with a top sports betting company DraftKings. And his exposure will only grow when he joins Turner Sports' upcoming The Match golf event featuring National Football League star quarterbacks Tom Brady, Aaron Rodgers and PGA Tour icon Phil Mickelson.

DeChambeau turned pro in 2016 and has eight career PGA Tour victories, including the U.S. Open last September. He's made $24 million in his career and will attempt a U.S. Open repeat this month at Torrey Pines in San Diego, California. Through 49 events played in 2021, DeChambeau is currently ranked fifth in the world, according to the Official World Golf Ranking.

And DeChambeau is also engaged in a golfer's feud with fellow PGA Tour player Brooks Koepka, who ranked 10th on the list at $144 million. The tension appeared to intensify at last month's PGA Championship during a media interview.

DeChambeau downplayed any issues with Koepka, though, but said it's "good for the game." Still, the feud helps DeChambeau with another metric – PGA Tour's newly installed Player Impact Program. It's an incentive plan that divides $40 million among high-profile golfers whose popularity helps grow the PGA Tour's brand and drive viewership to events.

"He's got a tremendous future," said Mondello said of DeChambeau.

Tiger Woods plays his shot from the second tee during the final round of the PNC Championship at the Ritz-Carlton Golf Club Orlando on December 20, 2020 in Orlando, Florida.Mike Ehrmann | Getty ImagesWhat about Tiger Woods?

Again, the list only considers golfers under age 50, so Mickelson isn't counted. The study starts by acknowledging Mickelson, who in May won the 2021 PGA Championship, becoming the oldest player to win a major PGA Tour major.

Asked if Mickelson was younger – like 49 – what his rank might be, Mondello projected he'd be among the top, adding, "he's (Mickelson) still a relevant golfer on the course, and he's just huge in endorsements."

The other relevant golfer – Tiger Woods – ranked ninth on this year's FCV rankings. Woods, 45, is projected to earn $150 million over the next five years until he joins Mickelson and is no longer included. Until then, Mondello said Woods' revenue from endorsements should help sustain his ranking.

Woods is currently rehabbing from a severe car accident in February but returned to the video game sponsorship space. He agreed to a licensing deal with Take-Two Interactive to use his name, image and likeness and be featured on the company's new golf game, PGA Tour 2K. It's the first time Woods will appear on a video game since 2013.

"He generates so much value," Mondello said of Woods. "Even though in our study he's only going to be picking that ($150 million) up over the next five years, he's still in our top 10."

Read Duff and Phelps's full golf report here.

VIDEO11:2111:21More Americans are playing golfRetail

News Source: CNBC

Tags: and phelps’ pga tour’s pga championship career earnings pga tour player championship and dechambeau kiawah island projected round the pga tour is currently according on the list by the time tiger woods the company

Why is Romney Smith leaving WKYC?

Next News:

RuPaul is just getting started with more Drag Race and tour to come

More from: Cindy Adams Nash Bridges movie reboot to star Don Johnson and original cast Who to look out for as movies make their comeback Inside Highclere Castle, the home of Downton Abbey Dr. Ruth urging people to explore sexuality post-COVID All hail the reigning queen

Speaking with RuPaul is definitely not a drag.

Ru: “Oh, honey, my husband’s so f - - kin’ rich that I have no worries . . . I come from a f - - kin’ hillbilly father. Fans show up and I just f - - kin’ put it all on.

“I started in the late ’80s, in clubs when we all partied. I wasn’t hot then. I took off around ’92. Now my biggest competition’s myself and with all the Emmys I’ve gotten I have to stay interested. I just caught my second wind. For a while I took four years off and plain partied.

“I’m looking forever for more girls. The impetus is on color and fun. I’ve seen like 200 of them. But go find one f - - kin’ girl who works as hard as I do. I need to find someone I can actually stand to be around. You can tear all that makeup, wig-stuff and s - - t away but you got to be reborn. Let yourself go. Turn winter into summer. Your frequency has to shine. Some of those fat asses I’ve seen are like wood. And, listen, real celebrities are no different than my onstage queens. They’re all fake.

“Nobody talks about luck. Talent’s a help. But what makes anyone laugh is a great work ethic. Listen, I just open the door, then open a box of clothes and that’s it — bada bing.

“Jealousy is everybody. I’m now writing an autobiography. No bulls - - t. The real deal. I’ll tell all. I got nothing to hide. It’s a personal emotional story. I want to tell me. The true story. Life is pain. You can’t sidestep the pain of life.”

Miss Ru has another season of “Drag Race,” plus “All Stars,” plus a Paramount+ thing, plus she’s planning a movie, a game show and a New Zealand tour.

“And, y’know, I still have all my shmattas. I don’t want them on eBay. I’ll tour them. I’ll f - - kin’ put them in a museum.”

Get it booked

Read “The President’s Daughter.” Co-opting a VIP to grab another colorful background is so smart James Patterson should get a knighthood. And his co-author, a real unknown guy, Bill Clinton — his White House know-how is great. It’s an A-1 Father’s Day gift.

She’s a real gem

American Museum of Natural History president Ellen Futter just opened its new hall of minerals and gems and showed me its 5,000 bits of rock from nine countries. Little things like a 13-foot amethyst, 632-carat emerald, 600-pound Brazil topaz, upstate New York’s billion-year-old rock slab of garnet crystals, a half-ton stibnite crystal from China.

Ellen: “Our 200 in-house scientists, technicians, educators, designers look to produce specimens of Earth’s processes from the Big Bang, the creation of oxygen, the biodiversity of species, climate change, environmental things that threaten the Earth. We’re involved in different exhibitions throughout the world every eight days.”

Divorce’s final frontier?

What if anyone hitching an orbit ride gets married on Mars — what’s the jurisdiction? Forget promising the moon and stars — if they ever split, are they subject to New York matrimonial laws? Or is it like down the middle California? Or do they schlep in some judge from Saturn?

Questioning minds need to know.

With our pandemic, there’s now a plumber who won’t even make house calls.

Only in New York, kids, only in New York. 

Filed under american museum of natural history ,  bill clinton ,  divorces ,  james patterson ,  mars ,  rupaul ,  rupauls drag race ,  6/14/21

Other News

  • Golfer arrested on course after wild fight erupts at Korn Ferry Tour qualifier
  • How to watch Hearthstone Masters Tour: Dalaran
  • Marcus Armitage opens up after going from unknown to amazing US Open story
  • Chris Harrison looks happy and relaxed at charity golf tournament
  • Power dynamic "might have tilted a bit in favor" of employees as job openings rise, LinkedIn economist says
  • Fight breaks out between golfers, caddie at Korn Ferry Tour qualifying event over pace of play
  • Senate passes resolution condemning recent rise in antisemitic attacks
  • Doctors in the US are anticipating a rise of burn injuries during this week's extended heat wave
  • U.S. Open 2021 predictions, golf odds: Justin Thomas, Jon Rahm, Jordan Spieth picks by PGA insider
  • Lt. Gov. Jeanette Nunez Says More Must Be Done To Stop Florida’s ‘Disturbing’ Rise In Human Trafficking Cases
  • Michael Jordan texted Harold Varner III with an offer to be just the second Jordan Brand golfer and had a deal 2 days later
  • Paul McGinley slams Brooks Koepka for offering free beer to fans who heckled rival Bryson DeChambeau
  • Pep Guardiola ‘offers SEVEN Man City stars to Barcelona in Roberto and Dembele transfer push’ at golf legends meeting
  • England braces for delay in re-openings as COVID-19 infections rise
  • The Morning Show Season 2 trailer shows rise from the wreckage
  • Americans' inflation fears reach a fever pitch as consumer prices rise
  • Massachusetts Gas Prices Rise To Nearly $3 A Gallon; Likely To Push More Expensive
  • 2021 U.S. Open odds: Surprising PGA picks, golf predictions from advanced model that called six majors
  • UPDATE: Two Teenage Girls Die In Horrific Saturday Evening Rohnert Park Crash