With the Masters underway this week, the entire golf world is focused on the players at Augusta National. But with the fans debating over which star will take home the Green Jacket this year, many have also wondered about the iconic course that has hosted the major championship for nearly a century. The course of course holds many wonders, from Amen Corner to the diverse flora and fauna. But the most surprising wonder of them all is its value!

Augusta National: The million-dollar club

The National first opened for play in 1932, two years before it began hosting the Masters. But the land that the club is built on, i.e., the 365-acre site, was bought a year earlier, in 1931, for the meager price of $70,000. Back then, of course, that was a whoppingly huge amount!

8 Shocking Facts About the Masters Green Jacket

Trending

Outraged PGA Tour Golfers Demand Justice for Scottie Scheffler After Arrest

May 17, 2024 01:45 PM EDT

How Much Would Erica Stoll Receive from Rory McIlroy in Divorce Settlement?

May 16, 2024 05:18 AM EDT

Tiger Woods’s Sun Day Red Malfunction Ends in Embarrassment at Valhalla, Sparking Brutal Taunts From Fans

May 16, 2024 06:12 PM EDT

‘Cannot Hold Up’: Tiger Woods Disappoints PGA Championship Fans Despite Positive Golf Cart Move

May 13, 2024 11:30 AM EDT

What Does Collin Morikawa’s Wife Katherine Zhu Do for a Living?

April 14, 2024 05:00 PM EDT

Get instantly notified of the hottest Golf stories via Google! Click on Follow Us and Tap the Blue Star.

Follow Us

The $70K today, after accounting for inflation over the years, would be worth $1.4 million today. Although the 200-fold increase in its cost is astonishing, it isn’t the most shocking thing when it comes to the value of the course, and that is all thanks to its present value! Undoubtedly, the value of land has risen since the early 1900s, but when it comes to the National, it’s unfathomable how much!

As per a recent Tweet by Joe Pompliano, an entrepreneur who focuses on the business side of sports, Augusta National currently has an assessed value of $200 million. That means that since 1931, it has seen a 14,000% increase in value. And although the club is home to arguably the biggest major championship in golf, it is still an absolutely ridiculous increase!

Other astonishing facts about the iconic course

The National is synonymous with the word tradition, and to uphold that prestige, the course has several rules in place. These rules range from bizarre to quirky, and many have questioned their existence. The only thing certain is that they have to be followed, or one may just face a ban from the historic course!

One of the strangest facts about Augusta is that running on the premises of the club is strictly prohibited. Another weird rule that the club has imposed on both the fans and the players is that they aren’t allowed to wear hats and caps backward. Hence, you will probably never see anyone on the grounds donning a cap in a non-traditional manner!

Watch This Story – How Much Prize Money Did Tiger Woods Win at the 2022 Masters

What do you think about the course’s massive valuation increase? And do you know any other shocking facts about the course? Let us know in the comments below.