More than a dozen of these LLCs are known to exist, and up to five may be involved in a single purchase.
Augusta National ultimately purchases each LLC, acquiring its land holdings and keeping the real estate price away from public records.
NDAs are also commonly employed.
How much does it cost to be a member at Augusta?
The Augusta National initiation fee — a onetime fee paid upon joining a golf club — is believed to be between $20,000 and $40,000. The monthly dues paid by members are believed to be less than $300, or less than $4,000 annually.
Can you play golf at Augusta National?
However the club does not accept membership applications, as membership is by invitation only. 3. Play Augusta Country Club instead.
How much does Augusta National make from the Masters?
In 2018, Patrick Reed earned $1.98 million, the standard 18 percent of the total pot, for his win in Augusta.
Where do the golfers stay at Augusta?
The amateurs playing have the option of staying on the grounds of Augusta National in the crow’s nest atop the clubhouse. During the Master’s week, most of the golfers stay in home rentals around the Augusta area.