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Tee 2 Green with Barry Sharpe - January 25, 2012

(January 25, 2012)
abs200pix.jpgA Compilation Of

News, Notes,

Comments & Quotes


Investing in Golf, Appearance Fees,
The Other Tigers, Barrie Hibernating


Looking to make some money in golf without having to swing a club?
Here's a name worth investigating. Adams Golf (ADGF)

Adams Golf, a name most players are familiar with, designs, assembles, markets and distributes reasonably priced golf clubs for all skill levels. To help overcome the unkown factor in the early stages, company Founder Barney Adams got things rolling by writing a book, The Wow Factor, which detailed the company's history and its struggles in the golf equipment industry. It was well received.

While today's golf market is in decline domestically, the bright spot is that internationally the industry is growing and companies that are able to gain sales internationally are likely to do quite well. Adams Golf stock experienced a healthy jump in price this month after the company announced a decision to explore strategic alternatives. According to some analysts, that could lead to the sale of the company. Currently, Adams market cap is $60 million or $7.77 per share.

BC Golf News has learned there is a chance that if the company was two be sold, it would likely go for a price higher than the market cap. But as they say in investment circles, this is should not be interpreted as a solicitation for the Adams Group.
BC Golf News holds no stake in Adams Group stock at this time.


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Win, loose or draw Tiger Woods, the most infamous wife cheater of the 21st century, is working for the HSBC bank in the United Arab Emirates this week, collecting somewhere between $1.7 million and $2.7 million in appearance fees to play in the Abu Dhabi HSBC Golf Championship.

Rex Hoggard, a senior writer for the Golf Channel, reports appearance fees are the fundamental distinction between the PGA Tour and the world's other circuits and was the reason Woods chose the desert over this week's PGA TOUR stop at Torrey Pines, where Woods has won six times in a 13-year span, including four consecutive victories from 2005-08.

"That's one of the reasons why a lot of the guys do play in Europe, they do get paid. . . . Only place we don't get it is the U.S."

Woods' record clearly shows that few things attract his attention more than money . . . he collected $3 million just for showing up and playing in the Australian Masters

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They don't draw quite the attention nor do they get the same appearance fees, but here are a few other Tigers you may have cheered for at onetime or another.

"TIGER" TOM BALDWIN, The Nascar modifieds stock car driver who died in 2004.

"BIG TIGER" WILSON FITTIPALDI JR, the Brazilian former driver and Formula One team owner who is the older brother of the more successful and famous Emerson Fittipaldi.

"TIGER" TIM HENMAN, the retired tennis player who was a British No. 1 and world No. 4 and who reached six Grand Slam semi-finals, though no finals.

DARIUSZ "THE TIGER" MICHALCZEWSKI, the retired Polish-German boxer who was a light heavyweight and cruiserweight champion.

BILL "TIGER" O'REILLY, the Australian leg spinner, rated as one of the greatest bowlers in the history of cricket. He died in 1992.

MANSOOR ALI KHAN "TIGER" PATAUDI, the legendary batsman and former captain of the Indian cricket team who died in September 2011.

"TIGER" TOM PISTONE, the former Nascar stock car racer, who at age 82, still mentors young drivers in the US.

"Tiger" Jeet Singh, a professional wrestler from the Punjab who resided in Toronto while 'winning' the world singles championships and tag team titles.

DAVE "TIGER" WILLIAMS, a notorious "enforcer" and former Toronto Maple Leaf and Vancouver Canuck ice hockey star who is still the National Hockey League's career leader in penalty minutes.

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In case you missed it a few days ago, Len Barrie, the ex-NHL journeyman and lately the ex-Bear Mountain Golf Course mogul, was back in the news because of financial dealings with the upscale Las Vegas casino and hotel company Bellagio. According to the Globe and Mail, which credits two unnamed sources, the RCMP recently turned the results of their investigation into Barrie's financial affairs with the Victoria, BC-based Bear Mountain golf resort and real-estate development over to the DBritish Columbia Attorney General's department.

Barrie is also facing a civil claim in the Supreme Court of British Columbia for $2.2-million from the Bellagio, as a result of a claim filed Dec. 16, 2011, three months after the Bellagio was awarded a judgment by a Nevada court for more than $2-million (U.S.), which it was unable to collect from Barrie. No statement of defence could be found in the B.C. court's records.

The RCMP's commercial-crime unit on Vancouver Island started an investigation of Barrie almost a year ago as the result of a complaint filed by former NHL player Sean Burke, who is one of 18 current and former NHLers who lost a total of more than $13-million when Bear Mountain went into bankruptcy.

For the rest of the story by reporter David Shoalts, CLICK HERE.




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