DUBAI, United Arab Emirates (AP) -Two-time British Open champion Greg Norman predicts that the prize money in golf will continue to decrease because of the recession.
The 54-year-old Australian spoke Wednesday before the start of the Dubai World Championship, the European Tour's season-ending event. The tournament opens Thursday on the Norman-designed Earth Course.
The tournament originally had a $10 million prize fund, but it was reduced to $7.5 million in September because of the global economic downturn.
Norman said, "Golf is not going to be like it used to be."
He cited his experience as a touring pro during several economic downturns and advised today's younger pros of the need to "tighten our belts."
