His back is keeping him out of competition (and away from press conferences, at least for the time being) but Tiger Woods has remained a busy guy, at least on the business front.
To the surprise of almost everyone, Woods now owns part of a junior golf tour. This week, Hurricane Junior Golf Tour founder Mario Conte announced that the Nexus Luxury Collection, a company owned by Woods, entertainer Justin Timberlake and the Tavistock Group, acquired a stake in the HJGT, which is based in Jacksonville, Fla.
“Our goal from day one was to provide junior golfers between the ages of 8 and 18 an opportunity to play exceptional courses in a competitive environment,” Conte said in a statement. “We have strived to offer great competition and superb hospitality for the players and their families. I am delighted to partner with Nexus to help expand the Hurricane Tour. Together, I know we can broaden our number of tournaments, enhance the quality of our fields and golf courses and attract an entirely new level of support. Needless to say, Nexus’ involvement takes us to the next level.”
One of the Largest Junior Golf Tours in the United States
The tour is already one of the largest junior circuits in the country, hosting 250 tournaments a year in 32 states, a remarkable growth record given that it started as a regional operation in North Florida, Georgia and South Carolina in 2007. Unlike the American Junior Golf Association, which can claim major champions on every tour among its alumni, the Hurricane Tour hasn’t been around long enough to have developed successful tour players. Woods and Timberlake add instant cachet.
“The success of junior golf is an important element in growing the game,” Woods said in a statement. “Helping boys and girls compete, and be involved in golf, will benefit the kids and help strengthen our sport.”
In the same statement, Timberlake added, “I have always been a committed supporter of junior golf, and through the Hurricane Tour we can continue to help grow the game amongst the junior ranks.”