County wants another U.S. Open at Chambers Bay after realizing net gain of $1.1 million
Pierce County, Wash., realized a net gain of $1.1 million from the U.S. Open played at Chambers Bay in June, and expressed its desire for a return engagement.
Its financial summary, released last week, showed revenues of $5.07 million, including $2.5 million from the USGA to rent the site and nearly $2 million from the USGA corporate hospitality program. Expenses came in just under $4 million.
“The bottom line is that the 2015 U.S. Open was a great event and we want to see it return,” Pierce County Executive Pat McCarthy said on the county website. “These are just Pierce County’s numbers. We expect the results of an independent study on the Open’s economic impact to the Puget Sound region and the state to be released soon.”
The county intends to use the surplus to pay down $3.7 million in debut incurred by Chambers Bay during the recession, the county said.