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PGA National (Champion Course)

The Loop

Masters' dollar impact not as green as jacket |

April 07, 2009

Look for more of these type stories as the week progresses, but the Masters as a get-rich-quick scheme for those on the periphery of the tournament is missing its mark in this troubled economy.

Ticket resale prices are off as much as 40 percent, the Atlanta Journal-Constitution is reporting. "In the ticket market, prices are a function of supply and demand," Mike Janes, the chief executive officer of FanSnap, told the newspaper. FanSnap is a search engine for tickets. "Both of those are not working."

Housing rentals and prices are off, too.

One sign of normalcy? The newspaper writes: "Golf balls were already collecting by Monday around Bobby Jones's grave at Oakland Cemetery in Atlanta, convention officials said. It's a tradition among golfers to visit the resting place of the founder of the Masters."

-- John Strege