Tiger Woods Did Not Splurge Money, but Rather Spent His First Big Paycheck in a Responsible Manner

Published 03/13/2022, 12:00 PM EDT

Tiger Woods’ induction into the World Golf Hall of Fame was an emotional affair. As his daughter Sam introduced him, Woods’ speech was well-received by fans. The 46-year-old touched upon many aspects of his early life, revealing many details about his parents as well.

Something Woods spoke about in detail was how his parents helped him play golf.

Tiger reveals at his Hall of Fame induction that his family took out a second mortgage when he was 14, so that he could play on the junior golf tour.
Six years later, when he signed his pro contracts with Nike and Titleist, he paid off that mortgage. pic.twitter.com/jYyTLyqLed
— Darren Rovell (@darrenrovell) March 10, 2022

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While emotional support persisted, they did take a big financial risk to make sure Woods continued playing. Looking at Woods’ words, it is clear that the 15-time major winner remains grateful for their sacrifices.

What was Tiger Woods’ first big purchase?

Woods started by speaking about having money, and his family was not sure if it was enough for him to go to a good college. “So my family made a tough decision, and at the age of 14 and a half, we took out a second mortgage so I could go out and play the AJGA Tour”.

His mother stayed at home, while his father, who passed away in 2006, traveled. Woods went on to play the tour on his second mortgage, hoping to make it big out of college. According to Woods, his father instilled his work ethic in him.

“Nothing ever going to be given to you,” Woods added. “Everything is going to be earned. If you don’t go out there and put in the work, you don’t put in the effort, one, you’re not gonna get the results. But two, more importantly, you don’t deserve it.”

Towards the end, Woods also mentioned who the CEOs of Nike and Titleist were at the time. After all, giving a big contract to a young pro is risky for the brand as well.

As a result, Woods’ ended up clearing the mortgage with his first cheque. “First thing I was able to do, I was able to pay off that mortgage”.

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Since then, Woods has gone on to earn millions and is 12th on Forbes’ The World’s Highest-Paid Athletes list 2021.

When will Tiger play again?

That being said, Woods has been playing actively for over two decades now. However, apart from the PNC Championship with his son Charlie, Woods has been sidelined since early 2021. Unfortunately, there is no fixed date for Woods’ return.

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One can only hope for a speedy recovery, especially as everyone is eager to see Woods back on the course.

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Written by:

Devika Pawar is a Golf and NBA writer at Essentially Sports. A psychology graduate from KJ Somaiya, Devika has an experience with sportswriting at Republic World for around two years now. She loves NBA a little too much, and is a dedicated Golden State Warriors fan.

Tiger Woods Did Not Splurge Money, but Rather Spent His First Big Paycheck in a Responsible Manner

What was Tiger Woods’ first big purchase?

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