News
Justin Timberlake loses millions on golf course sale
Justin Timberlake is one of music’s biggest money makers on stage, with an estimated net worth of $175 million, but he took a billboard-sized hit on the sale of his hometown golf course.
Timberlake, who is also a 3-handicap, bought the Mirimichi Golf Course in Memphis with his investment group in 2007 at auction for $880,000. The group then spent roughly $16 million on renovations on the course to make it both beautiful and eco-friendly, which brought accolades from Golfweek — Mirimichi was named one of the “best courses you can play” by the magazine in both 2013 and 2014.
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Last week, the singer, songwriter, actor and pop-superstar sold it for a mere $500,000 to Fred Edmaiston, Memphis businessman and CEO of Aircon Corp., which was confirmed by public deed of the property sale.
I’m going to gush in this intro paragraph, to get the emo stuff done early. I’ve not pulled harder for a professional to win, than Cameron Young. I coach golf in New York state, and each spring, my best golfers head to a state championship in Poughkeepsie. I first saw Cameron there as a 9th grade student. I saw him three more times after that. I reconnecected with Coach Haas from Wake Forest, an old interview subject from my days on the Old Gold and Black, the Wake newspaper. He was there to watch Cameron. After four years at Wake Forest, Young won on the Korn Ferry Tour, made it to the big tour, almost won two majors, almost won five other events, and finally got the chalice about 25 minutes from the Wake campus. Congratulations, Cameron. You truly are a glass of the finest. #MotherSoDear
OK, let’s move on to the Tour Rundown. The major championship season closed this week in Wales, with the Women’s Open championship. The PGA Tour bounced through Greensboror, N.C., while the PGA Tour Americas hit TO (aka, Toronto) for a long-winded event. The Korn Ferry lads made a stop in Utah, one of just two events for that tour in August. The many-events, golf season is winding down, as we ease from summer toward fall in the northern hemisphere. Let’s bask in the glory of an August sunrise, and run down a quartet of events from the first weekend of the eighth month.
LET/LPGA @ Women’s Open: Miyu bends, but she doesn’t break
Royal Porthcawl was not a known commodity in the major tournament community. The Welsh links had served as host to men’s senior opens, men’s amateurs, and Curtis and Walker Cups in prior years, but never an Open championship for the women or the men. The last-kept secret in UK golf was revealed once again to the world this week, as the best female golfers took to the sandy stage.
Mao Saigo, Grace Kim, Maja Stark, and Minjee Lee hoped to add a second major title to previous wins this season, but only Lee was able to finish inside the top ten. The 2025 playing of the Women’s Open gave us a new-faces gallery from day one. The Kordas and Thitikulls were nowhere to be found, and it was the Mayashitas, Katsus, and Lim Kims that secured the Cymru spotlight. The first round lead was held at 67 by two golfers. One of them battled to the end, while the other posted 81 on day two, and missed the cut. Sitting one shot behind was Miyu Yamashita.
On day two, Yamashita posted the round of the tournament. Her 65 moved her to the front of the aisle, in just her fourth turn around a women’s Open championship. With the pre-event favorites drifting off pace, followers narrowed into two camps: those on the side of an underdog, and others hoping for a weekend charge from back in the pack. In the end, we had a bit of both.
On Saturday, Yamashita bent with 74 on Saturday, offering rays of hope to her pursuing pack. England’s Charley Hull made a run on Sunday closing within one shot before tailing off to a T2 finish with Minami Katsu. Katsu posted the other 65 of the week, on Saturday, but could not overtake her countrywoman, Yamashita. wunderkind Lottie Woad needed one round in the 60s to find her pace, but could only must close-to’s, ending on 284 and a tie with Minjee for eighth.
On Sunday, Yamashita put away the thoughts of Saturday’s struggles, with three-under 33 on the outward half. She closed in plus-one 37, but still won by two, for a first Major and LPGA title.
PGA Tour @ Wyndham: Young gathers first title near home
Cameron Young grew up along the Hudson river, above metro New York, but he also calls Winston-Salem home. He spent four years as a student and athlete at Wake Forest University, then embarked on tour. This week in Greensboro, after a bit of a break, Young opened with 63-62, and revved the engine of Is this the week once more. Runner-up finishes at the Open, the PGA, and a handful of PGA Tour events had followers wonder when the day would come.
On Saturday, Young continued his torrid pace with 65, giving him a five-shot advantage over his closest pursuer. Sunday saw the Scarborough native open with bogey, then reel off five consecutive birdies to remind folks that his time had, at last, arrived. Pars to the 16th, before two harmless bogeys coming home, made Young the 1000th winner of an official PGA Tour event (dating back to before there was a PGA Tour) throughout history. What’s next? I have a suspicion, but I’m not letting on. Mac Meissner closed with 66 to finish solo 2nd, while Mark Hubbard and Alex Noren tied for third.
Korn Ferry Tour @ Utah Championship: Are you Suri it’s Julian?
Who knows exactly when the flower will bloom? Julian Suri played a solid careet at Duke University, then paid his dues on the world’s minor tours for three years. He won twice on two tours in Europe, in 2017. Since then, the grind has continued for the journeyman from New York city. At age 34, Suri broke through in Beehive state, outlasting another grinder (Spencer Levin) and four others, by two shots.
Taylor Montgomery began the week with 62, then posted 64, then 68, and finally, 70. That final round was his undoing. He finished in that second-place tie, two back of the leader. Trace Crowe, Barend Botha, and Kensei Hirata made up the last of the almost quintet. As for Suri, his Sunday play was sublime. His nines were 32 and 31, with his only radar blip a bogey at ten. He closed in style with one final birdie, to double his winning margin. Hogan bloomed late…might Suri?
PGA Tour Americas @ Osprey Valley Open presented by Votorantim Cimentos – CBM Aggregates
Some tournament names run longer than others. This week in Toronto, at the Heathlands course at TPC Toronto, we might have seen the longest tournament title in recorded history. The OVOPBVCCBMA was a splendid affair. It saw three rounds of 62 on Thursday, but of those early risers, only Drew Goodman would stick around until the end. 64 was the low tally on day two, and two of those legionnaires managed to finish inside the top three at week’s end. Saturday brought a 63 from Patrick Newcomb, and he would follow with 64 on Sunday, to finish solo fourth.
Who, then, ended up winning the acronym of the year? It turns out that Carson Bacha had the right stuff in TeeOhhh. Bacha and Jay Card III posted 63 and 64, respectively, on day four, to tie for medalist honors at 23-under 261. Nathan Franks was one shot adrift, despite also closing with 63. If you didn’t go low on Sunday, it was about the check, not the championship.
Bacha and JC3 returned to the 18th hole twice in overtime. Card nearly chipped in from the thick stuff for birdie, while Bacha peeked and shoved a ten-feet attempt at the win. On the second go-round, Card was long with his approach, into the native grasses once more. He was unable to escape, and a routine par from the fairway was enough to earn the former Auburn golfers a first KFT title.
Card III and Bacha both miss their birdie tries on the first playoff hole.
We’ll play 18 again @OspreyOpen. pic.twitter.com/vNpHTdkHDg
— PGA TOUR Americas (@PGATOURAmericas) August 3, 2025
GolfWRX is live this week from the final event of the PGA Tour’s regular season, the Wyndham Championship.
Photos are flowing into the forums from Sedgefield Country Club, where we already have a GolfWRX spirit animal Adam Schenk WITB and plenty of putters for your viewing pleasure.
Check out links to all our photos below, which we’ll continue to update as more arrive.
General Albums
- 2025 Wyndham Championship – Tuesday #1
- 2025 Wyndham Championship – Tuesday #2
- 2025 Wyndham Championship – Tuesday #3
WITB Albums
- Chandler Phillips – WITB – 2025 Wyndham Championship
- Davis Riley – WITB – 2025 Wyndham Championship
- Scotty Kennon – WITB – 2025 Wyndham Championship
- Austin Duncan – WITB – 2025 Wyndham Championship
- Will Chandler – WITB – 2025 Wyndham Championship
- Kevin Roy – WITB – 2025 Wyndham Championship
- Ben Griffin – WITB – 2025 Wyndham Championship
- Peter Malnati – WITB – 2025 Wyndham Championship
- Ryan Gerard – WITB – 2025 Wyndham Championship
- Adam Schenk – WITB – 2025 Wyndham Championship
- Kurt Kitayama – WITB – 2025 Wyndham Championship
- Camilo Villegas – WITB – 2025 Wyndham Championship
- Matti Schmid – WITB – 2025 Wyndham Championship
Pullout Albums
- Denny McCarthy’s custom Cameron putters – 2025 Wyndham Championship
- Swag Golf putters – 2025 Wyndham Championship
- Karl Vilips TM MG5 wedges – 2025 Wyndham Championship
- New Bettinardi putters – 2025 Wyndham Championship
- Matt Fitzpatrick’s custom Bettinardi putters – 2025 Wyndham Championship
- Cameron putters – 2025 Wyndham Championship
See what GolfWRXers are saying and join the discussion in the forums.
Kurt Kitayama just won his 2nd PGA Tour event at the 3M Open. Kurt is a Bridgestone staffer but with just the ball and bag. Here are the rest of the clubs he used to secure a win at the 2025 3M Open.
Driver: Titleist GT3 (11 degrees, D1 SureFit setting)
Shaft: Graphite Design Tour AD VF 7 TX
3-wood: Titleist GT1 3Tour (14.5 degrees, A3 SureFit setting)
Shaft: Graphite Design Tour AD DI 8 TX
7-wood: Titleist GT1 (21 degrees, A1 SureFit setting)
Shaft: Graphite Design Tour AD DI 9 TX
Irons: TaylorMade P7CB (4), TaylorMade P7MB (5-PW)
Shafts: True Temper Dynamic Gold Tour Issue X100
Wedges: Titleist Vokey Design SM10 (52-12F, 56-14F), Vokey Design WedgeWorks (60-K*)
Shafts: True Temper Dynamic Gold Tour Issue S400
Putter: Scotty Cameron Studio Style Newport 2 Tour Prototype
Grip: SuperStroke Zenergy 1.0PT
Grips: Golf Pride Tour Velvet
Ball: Bridgestone Tour B XS (with Mindset)
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WITB Time Machine: Brandt Snedeker’s winning WITB, 2018 Wyndham Championship
Golfer proudly posts photo of ball mark on iron, receives immediate roasting
WITB Time Machine: Matthew Wolff’s winning WITB, 2019 3M Open
Oakmont Country Club bans Wyndham Clark over locker incident; Reveals specific conditions to earn reinstatement
Adam Scott puts Callaway blades in the bag at Wyndham Championship
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The championship formula: How 3 key stats separate winners from the field
Peter Malnati WITB 2025 (August)
Peter Malnati what’s in the bag accurate as of the Wyndham Championship. More photos from the event here. Driver: Titleist...
Cameron Young’s winning WITB: 2025 Wyndham Championship
Driver: Titleist GT2 (9 degrees, A1 SureFit setting) Buy here. Shaft: Mitsubishi Tensei 1K Pro Orange 70 TX 3-wood: Titleist...
Camilo Villegas WITB 2025 (July)
Camilo Villegas WITB accurate as of the Wyndham Championship. Villegas was undecided on a 3-wood when we shot his bag. ...
WITB Time Machine: Brandt Snedeker’s winning WITB, 2018 Wyndham Championship
Brandt Snedeker fired a final-round 65 at the 2018 Wyndham Championship to outlast Webb Simpson and C.T. Pan. His 5-under...
Mike Bodnar
Nov 13, 2014 at 7:56 am
I love the way people use the term “write-off”. I realize that Justin Timberlake is worth millions, and there is surely more to the sale than the straight $500,000 public deed price, but I assume that they do realize that a loss is still a loss. So he reduces his tax burden next time by loosing “X” million on this deal…wow…guess he really didn’t lose it, huh? Take that, rich guy!
Chase
Nov 11, 2014 at 6:02 pm
Tax write off! I’m glad he bought the course and re-did it. It’s a fabulous place to play. Here-say it was costing him 400,000 a year to maintain it. He may lost a little but it wasn’t much. Everyone in this area is pretty appreciative he did what he did with the course. Most of the public course have closed in this area. As far as losing 16,000,000 he dug that out of his couch.
William
Nov 11, 2014 at 12:10 pm
I wonder if this loss was as much as he gave to Obama at the fundraising he held for him?
This is a golf blog
Nov 12, 2014 at 2:46 pm
Of course there are public records of campaign contributions, so you don’t have to wonder that. But, if you were committed to intelligent thought about politics you probably wouldn’t be the type of guy that takes shots at the President on a golf blog. Head back to Brietbart or Fox News and keep your politics off my golf.
AllBOdoesisgolf
Nov 13, 2014 at 2:32 pm
actually. his comments are pretty fitting since his enema has played over 200 rounds of golf… and counting.
Joe
Nov 11, 2014 at 11:27 am
People aren’t going to pay more for a golf course that is environmentally friendly, over one that isn’t. There is no way to justify the added costs, especially when the acheivements are not valued by the consumers.
marcel
Nov 11, 2014 at 12:22 am
its a normal investment write off. so hes investment group have $16m to write off against profits they made so would not be losing much.
lol_golfwrx
Nov 11, 2014 at 8:25 am
Really with this article? Please just do a tiny bit of due diligence…
Fsubaseball21
Nov 10, 2014 at 8:17 pm
Im a golf professional. Our industry is stagnet at best. Try going into a bank and getting a loan for anything golf related. The meeting is over the second the word golf comes out of your mouth. $500k would be a realistic if the buyer assumed existing debt. I don’t think it would be enough on a clean short sale.
B
Nov 10, 2014 at 8:13 pm
Good Lord people – there is FAR, FAR more to this story, but this brief article does not even mention the likelihood of such. Even a 12 year-old newspaper boy knows that 300 acres of prime golf course or residential/commercial building land does not sell for only $1,666 per acre. There is a mega amount of off-book ‘consideration(s)’ [monetary, or monetary equivalent] for this property that has not come out yet…but news of it eventually will come out.
BigBoy
Nov 10, 2014 at 5:52 pm
Justin came to South Australia thinking he could walk on to the Royal Adelaide Golf Club, a Alistair McKenzie gem, nope was the answer, there are other courses in this city that will accommodate you…haha, bye bye Justin.
Mikec
Nov 10, 2014 at 9:34 pm
So…What?
Bobby Bottleservice
Nov 11, 2014 at 7:28 pm
cool story bro
MHendon
Nov 10, 2014 at 4:53 pm
Good lord I just watched the fly over of the course. That thing is a beast and an example of how not to design a golf course if you want much play. Long forced carries, water in play everywhere, trees, tall fescue and natural areas. I’m a 1.5 and would only want to play that course when my swing is grooved. I can’t imagine your average 15 plus on that course. Talk about a frustrating round.
Rich
Nov 10, 2014 at 6:01 pm
I think it’s a good example of playing from the right tee box. If higher markers played this from the tips, I think you’re right. But if they played it off forward tees, it would be an enjoyable round if they weren’t totally out of form. Looks like a cool course. I’m an 8.5 and it wouldn’t scare me off.
Kyle
Nov 10, 2014 at 6:10 pm
Speak for yourself. I’d rather play a really hard course than an easy course.
ron
Nov 10, 2014 at 4:52 pm
On a side note, Thats a really nice looking course! Im sure we’ll see more drone flyover vids soon.
Pat
Nov 10, 2014 at 3:36 pm
I never feel sorry for these celebrities that lose money on business deals. They can afford the hit. He obviously bought the course to boost his ego and tell his buddies that he owns a golf course. This is just karma taking effect as celebrities almost never have to pay full retail for anything. Most of the time they obtain their possessions w/o having to pay a dime or at a deeply discounted rate as long as the individual on the other end gets an endorsement/exposure from the celebrity. Also, spending 16 million in repairs/restoration was far from a smart investment.
KK
Nov 10, 2014 at 6:16 pm
How would you feel if third world citizens wished you got your karma for being a spoiled and entitled citizen of a developed country?
Pat
Nov 11, 2014 at 7:57 am
You guys are hilarious. I bet your the celebrity slurpers that kneel at their presence or are in awe when you see one on the street. Got news for you. I’ve been around celebrities. My country club, El Caballero has a bunch of them. Most of them are arrogant, and self entitled and full of themselves. Also, Timberlake investing 16 million into his golf course isn’t him doing a selfless act for golf like you make it out to be. Profits were to be made and he poured the funds in so he could eventually cash in. Like most celebrity ventures, he fell flat on his face and nobody should feel sorry for him because he has all the money in the world and then some.
Sunny
Nov 11, 2014 at 11:15 am
Lol ur girlfriend must’ve left u for a one night stand with Justin Timberlake or somethin. Ur so mad at him for no reason
Me Nunya
Nov 11, 2014 at 5:15 pm
Y so mad tho?
John B.
Nov 10, 2014 at 6:39 pm
What karma is involved? He tried to grow the game and beautify a golf course. Seems like pretty good karma to me. Okay, it may have failed but be grateful he went all out and spent the 16 million. He’s done more for the game then you ever have.
marcel
Nov 11, 2014 at 12:23 am
all in the books as write off so probably no taxes for few years. smart ppl dont lose money
Chris
Nov 10, 2014 at 3:29 pm
500k? Are you kidding?! The house across the street from me in California just sold for 490k and My neighborhood is nothing special. Lol
Jeff
Nov 10, 2014 at 3:07 pm
Dudes got 200 million dollars, maybe he planned on spending some to restore a great course, but now that it’s done, doesn’t want to manage the day to day operations.
Chris Kirkpatrick
Nov 10, 2014 at 2:54 pm
$550,000 on paper maybe
Just like when people sell a car
Bill of sale says $100
Price was $5,000
Rich
Nov 10, 2014 at 5:49 pm
Good call. I think you’re spot on.
Jeff B
Nov 10, 2014 at 1:34 pm
Justin’s a good guy from what i can tell. Shame he lost money on it.
West
Nov 10, 2014 at 12:16 pm
I’m not sorry some multimillion dollar pop star lost $$$ to a savvy businessman. If anything, it has helped the local economy and will help give golf another gem to help promote the game. Win for the people and for golf. I just hope this is not some doomsday “sign of the times.”
Albert
Nov 10, 2014 at 12:12 pm
Played there this summer and the course was in awful shape. It was obvious at the time that several areas of the course had been given up on.
bainz
Nov 10, 2014 at 12:09 pm
Why sell at that price after all that investment? Unless its going down as a tax loss?
scott
Nov 10, 2014 at 12:09 pm
There has to be more to this story than that. Selling for $500,000 does not make any sense.
Golfpunk
Nov 10, 2014 at 12:40 pm
It makes sense when it is losing so much money each year on operation costs. Sounds like he’s pretty much just paying for the value of the land.
MHendon
Nov 10, 2014 at 2:15 pm
I would say that’s a spot on analysis of what’s probably happened. Two of my local public courses have been bought by a golf management company running them on shoe string budgets just to stay in business and one of our private clubs has recently gone up for sale.
tom stickney
Nov 10, 2014 at 11:59 am
It’s a shame he lost so much money there…we played the old layout every week in qualifying in college…never saw the new one but friends said it was an unreal change. Sorry he lost so much money but I do know everyone appreciated his vision.
Tyler Elton
Nov 10, 2014 at 12:39 pm
Is it possible that he wanted to create the course as a way to give back to the game, the environment and the community and sold it so cheap because he knew the person he sold it too? Surely it is worth more than that. Could there be an underlying reason?
Carl truitt
Nov 10, 2014 at 4:15 pm
There is more to the story. The deed does not necessarily reflect the business venture, or the equity position of the shareholders. The only news here is that it sold on paper for 500k. The deed could have said $1. There really is no difference.
Everyone thinks this guy is heading to the poor house…if it was a no name investor there would be no story.
Kudos though for puking out what has already been floating around the regional business journal for a while.