Top Brands Sponsoring Golf - As of May 2022 (2024)

  • Rolex is the top sponsor for golf, with a total of 14 sponsorship deals
  • Acushnet company; FootJoy; Titleist became the second-largest sponsor for golf, with 13 sponsorship deals
  • Nike and Callaway also have significant sponsorships in golf

Overview of major brands sponsoring golf

Rolex

Rolex, the Swiss manufacturer of wristwatches and accessories, has 14 active deals in golf as per GlobalData’s Sponsorship database. Rolex's most recent sponsorship deal was announced in January 2022, worth $0.85 million. As per the deal, they agreed to extend their sponsorship with Francesco Molinari for 2022.

In 2013, Rolex signed its largest sponsorship deal with European Tour, the deal was valued at $192.95 million. The duration of the sponsorship remained for a period of ten years. As per the agreement, Rolex is to remain the official timekeeper of the PGA European Tour including the Ryder Cup. The deal is an extension of an existing sponsorship deal.

Acushnet Company

Acushnet Company, manufactures, designs, and develops golf products and has 13 active deals in golf as per GlobalData’s Sponsorship database. Acushnet’s most recent sponsorship deal was a renewal of an existing deal, which was announced in January 2022 for Padraig Harrington and was valued at $1.5 million. The one-year deal gave Acushnet to be the official supplier for2022.

As per GlobalData’s Sponsorship database, Acushnet’s largest sponsorship stood at $4.88 million for Adam Scott.The deal is an extension of an existing sponsorship deal.

Nike

Nike, the sporting goods company, has 10 active sponsorship deals currently under its portfolio in golf as per GlobalData’s Sponsorship database.

As per GlobalData’s Sponsorship database, Nike in its most recent deal announced the extension of its existing sponsorship deal in January 2022, with Golfer Tommy Fleetwood in a deal worth $1.73 million for a duration of one year. As per the deal, Nike will be the official kit supplier to the golfer.

As per GlobalData’s Sponsorship database, Nike signed a sponsorship deal with Northern Irish golfer Rory Mcllroy for a duration of ten years in 2017. The deal was valued at $100 million and it made Nike as official kit supplier to golfer Mcllroy. The deal is a renewal of an existing deal.

Callaway

Callaway, the golf equipment manufacturer, has nine active sponsorship deals currently under its portfolio in golf as per GlobalData’s Sponsorship database.

As per GlobalData’s Sponsorship database, Callaway’s in its most recent deal which was announced in January 2022, renewed its sponsorship with golfer Branden Grace which was valued at $1.75 million for a duration of one year.

In 2017, Callaway signed a sponsorship deal with American golfer Phil Mickelson, worth $40 million for a duration of five years. As per the agreement, Mickelson was to sport the Callaway brand logo on his shirt sleeve, side of his visor, and golf bag.Later, in February 2022, Callaway terminated the sponsorship with Phil Mickelson, after the controversial comments were made about PGA Tour and Saudi Arabia by Phil Mickelson.

Top Brands Sponsoring Golf - As of May 2022 (2024)

FAQs

Top Brands Sponsoring Golf - As of May 2022? ›

Though the sports goods giant still has the likes of world number 1 Scottie Scheffler, number 2 Rory McIlroy, Nelly Korda, Tommy Fleetwood of England and Tony Finau, besides Koepka on its roster of top pro golfers, there has been talk of its stepping away from golf, though Nike has made reassuring noises about “not ...

What companies sponsor golf tournaments? ›

PGA Tour maintains sponsor roster of 52 brands, its largest on record
PGA Tour sponsor roster for 2022-2023 season
BRANDCATEGORY RIGHTSSINCE
Rolex*Timekeeper2005
Mitsubishi ElectricLarge outdoor video display and HVAC2007
Travelers*Property casualty insurance2007
49 more rows
May 5, 2023

Who are the Nike sponsored golfers? ›

Though the sports goods giant still has the likes of world number 1 Scottie Scheffler, number 2 Rory McIlroy, Nelly Korda, Tommy Fleetwood of England and Tony Finau, besides Koepka on its roster of top pro golfers, there has been talk of its stepping away from golf, though Nike has made reassuring noises about “not ...

Which companies will sponsor me? ›

Companies That Sponsor Individuals
  • Red Bull.
  • Taco Bell.
  • HOKA.
  • HyperX.
  • Ironside Computers.
Aug 16, 2023

How do I find golf sponsors? ›

Try targeting local businesses that have a generally wealthier clientele, as well as regional and national companies, especially those headquartered or with offices in your area. There are several key factors that help explain why golfers are an ideal marketing target for sponsoring businesses.

What company sponsors Tiger Woods? ›

The new partnership with TaylorMade Golf, comes after Woods and Nike ended a 27-year endorsem*nt deal in January. Woods started his professional golf career with Nike. He had been with the company since 1996.

How much does Rolex pay to sponsor golf? ›

Rolex, the Swiss manufacturer of wristwatches and accessories, has 14 active deals in golf as per GlobalData's Sponsorship database. Rolex's most recent sponsorship deal was announced in January 2022, worth $0.85 million.

Why did Tiger Woods drop Nike? ›

Nike needed to make some changes and cut some costs and they want out of golf. Things worked well while Tiger sas No. 1, but since the 2009 Thanksgiving incident at TIger's Florida home, things haven't been great for Woods on the course.

Why is Nike leaving golf? ›

In an interview with Bloomberg back in 2017, co-founder Phil Knight revealed that in 20 years, Nike lost money on their venture into golf. I think it's fair to assume that the same could be said for their apparel, and it also won't have changed much in the six years since that interview.

Who is Jordan Spieth sponsored by? ›

Jordan Spieth Endorsem*nts and Golf Earnings

Spieth has forged lucrative partnerships with top-tier companies like Under Armour, NetJets, Rolex, Titleist, AT&T, Perfect Sense, Coca-Cola and SuperStroke.

What are the top sports sponsorships companies? ›

NIKE Inc, adidas AG, Anheuser-Busch InBev NV/SA, Verizon Communications Inc, and PepsiCo Inc are the 5 top sports brands in the world in 2021 by sponsorship spend.

What companies are looking to sponsor athletes? ›

How to get sponsorship for sports
  • Nike.
  • Chevy.
  • DICK'S Sporting Goods.
  • Xenith.
  • Buffalo Wild Wings & The Boys and Girls Club of America.
  • Choice Hotels.
  • State Farm.
  • US Bank.

How do I find new sponsors? ›

5 ways to find an event sponsor
  1. Use digital tools to find and secure sponsors. ...
  2. Get really specific about your event goals. ...
  3. Reach out to sponsors from related events. ...
  4. Narrow down your options to brands who strongly align with your event values. ...
  5. Let your audience decide.

Who sponsors Phil Mickelson? ›

The Lefty has multiple endorsem*nt deals, through which he earns millions every year. Some of these companies include Coffee of Wellness, Amgen, Intrepid Financial Partners, Titleist, and Grayhawk. Moreover, he even owns a golf club, the Phil Mickelson Golf Club, which is flourishing.

How many sponsors can a golfer have? ›

A golfer can have up to four sponsorships, but it is more common to have two or three. The most important factor in determining how many sponsorships a golfer can have is their ranking. The higher the ranking, the more attractive they are to sponsors.

Why do companies sponsor golf? ›

Golf sponsorships and advertising play a significant role in the financial aspects of the sport. Companies often sponsor golf tournaments, individual players, or specific events to gain brand exposure, promote their products or services, and connect with their target audience.

How much do companies pay to sponsor golf tournament? ›

Corporations, who pay for the right to be a “title” sponsor of an event or a “marketing partner” of the tour. Title sponsors generally pay between $8 million and $13 million (events televised only on the Golf Channel pay less and a handful of sponsors pay much more).

Why do companies sponsor golf tournaments? ›

Golf sponsorships and advertising play a significant role in the financial aspects of the sport. Companies often sponsor golf tournaments, individual players, or specific events to gain brand exposure, promote their products or services, and connect with their target audience.

Who does Goldman Sachs sponsor in golf? ›

Goldman Sachs paid professional golfer Patrick Cantlay more than $1 million annually in a sponsorship deal linked to the bank's consumer-banking efforts, CNBC has learned.

Who sponsors the Masters golf tournament? ›

Augusta has just six sponsors—AT&T, Delta, IBM, Mercedes Benz, Rolex and UPS—which split a minimalistic four minutes of commercial time per hour of event coverage.

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