How much does it cost to be a member of Augusta?

Last Modified Apr 4, 2024 10:58 GMT
it cost to be a member of Augusta
member of Augusta(Source: Getty Images)

Augusta National Club, which was established in 1932 by Clifford Roberts and Bobby Jones, has been the home of the esteemed Masters Tournament since 1934. This exclusive golf club, rich with vegetation and flowers, was formerly a fruit tree nursery.

This club has undergone various modifications throughout the years, but it is best recognized for its rich history and for only inviting the most elite people in the United States. Nearly 300 people are members of this club, and new members are only welcomed if an existing member resigns or dies.

According to Golf Monthly, international broadcast rights are said to bring in about $25 million annually for Augusta National. Merchandise is another profitable revenue stream, at an estimated $50 million each year. In the interim, it makes money via ticket sales and membership fees, among other sources.

This is one of the hardest golf courses in the United States to play, with a course rating of 76. The back nine of this course, which is represented by rows 11, 12, and 13 (Amen Corner), is the greatest in golf because its reachable par-fives and difficult par-threes determine the yearly Masters champion.

Augusta National Membership Cost

The Augusta National membership costs around $40,000 as an initiation fee.

Determining the exact cost of membership is nearly impossible because the club is privately owned and does not release its financial statements. However, Golf Monthly reports the amount to be around $40,000, with an annual fee of around $4000.

Initiation fees were similarly low back in the 1950s when they were about $350, or about $5,000 today. However, being a member is a different thing, as there’s no application process and it’s strictly invitational.

A layman's chances of getting considered for an invitation are very low according to Golf.com. A thorough inspection of prospective new members takes much more than money or status; the club meticulously vets every candidate based on the following criteria:

  • Professionally accomplished and recognized in their field.

  • Perceived as honorable, without controversy or scandal.

  • Philosophically, in line with Augusta National's values

  • Low-key manner that will respect the club's privacy.

  • Fits in with the current member mix in terms of diversity.

Anyone who is accepted into the club will be expected to uphold its standards due to this rigorous screening process. When assessing possible new members, Augusta National prioritizes quality over quantity.

How much does it cost to play a round at Augusta?

It doesn't cost a dime to play a round at Augusta National, but it is a private club accessible only to club members and their guests.

Besides being a member, one can play a round at Augusta National if they are a caddie or employee there, as they are entitled to one round a year. One can also play if they are invited by a member of the club or are participating in the Masters or Augusta National Women's Invitational.

Perks of Members of the Augusta National

Joining the Augusta National offers several perks, not to mention the property's world-class, state-of-the-art amenities and facilities. The members get to wear the infamous green jacket, worn only by the champions of the Masters.

Members of Augusta National are entitled to one green jacket, for which they must pay a nominal fee. They are not permitted to leave the premises with these jackets on. Rather, when a member comes on-site, their jacket is already ready to go in the locker room.

The Augusta National Property has little more than 100 beds accessible for guests to stay in 10 cabins. To the left of the tenth hole, there are seven of those. The three most well-known cabins - the Eisenhower, Butler, and Cliff Roberts cabins - are more noticeable closer to the clubhouse.

There are four major members-only events held throughout the year, aside from the Masters and Augusta National Women's Amateur: the Opening Party in October, the Governors Party in November, the Jamboree in late March, and the Closing Party in May. Roughly 300 members of the club attend each event, which is only open to members.

FAQ's On member of Augusta

A. An Augusta National membership typically costs around $40,000 as an initiation fee, with an additional estimated annual fee of $4,000.

A. Membership at Augusta National is strictly invitation-based, focusing on professional achievement, integrity, alignment with club values, and discretion.

A. Playing a round at Augusta National is exclusive to members, their guests, employees, caddies, Masters participants, or invitees, and doesn't incur additional costs.

A. Augusta National members enjoy access to the club's facilities, events, and the iconic green jacket, along with limited cabin accommodations and exclusive gatherings.

A. Augusta National boasts nearly 300 members, with new invitations extended only when a current member resigns or passes away.

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