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Tehàma Golf Club.
| Club information | |
|---|---|
| Type | Private Non-Equity |
| Owned by | Clint Eastwood |
| Operated by | Tehama Golf Club |
| Total holes | 18 |
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Who is Clint Eastwood talking to?
Updated Jun 16, 2019 at 4:03pm. Getty Musician Huey Lewis talks to actor Clint Eastwood on the 18th tee box during the 3M Celebrity Challenge prior to the AT&T Pebble Beach National Pro-Am at Pebble Beach Golf Links on February 10, 2016 in Pebble Beach, California.
How much did Isutani sell his golf course for?
Isutani sold the property about 18 months later to two Japanese companies at a $340 million loss.
What was the goal of the new ownership group?
Per the Monterey County Weekly, the goal of the new ownership group was about course and resort improvement over strictly profit.
When did Del Monte Properties re-incorporate?
It’s at this point Hollywood stepped up the plate with an almost literally galactic offer. On March 30, 1977, Del Monte Properties Company reincorporated as Pebble Beach Corporation.
Who was Clint Eastwood?
Harry How/Getty Images. Ueberroth first called Clint Eastwood, who had plenty of experience in civic duties in California, including serving as mayor of Carmel, a short drive to Pebble Beach. Eastwood was also quite popular in Japan. After Eastwood, Ueberroth connected with Richard Ferris, former CEO of United Airlines.
How much did the Ueberroth and Ferris golf course sell for?
The course sold for $820 million to a group of 132 investors and closed in ten days.
What did Ueberroth offer Lone Cypress?
However, Ueberroth's wide network allowed him to offer three things to Lone Cypress Co., the Japanese company selling the course: celebrity involvement, investment in preserving the course and its history, and a quick closing process. Harry How/Getty Images.
Who was the commissioner of Major League Baseball in 1984?
And Peter Ueberroth wasn't about to let a corporation get its hands on it. Ueberroth has played a major role in sports for more than 40 years. He organized the 1984 Summer Olympics in Los Angeles and later served as commissioner of Major League Baseball.
How much did Arnold Palmer invest in the Ueberroth deal?
To lend some golf clout to the deal, Ueberroth added Arnold Palmer to the list of investors. The investments of the initial group were for less than $20 million apiece. That meant raising several hundred million dollars in just a few days.