21-year-old Jordan Spieth wins Masters

Vidal Maldonado, Sports Editor

Jordan Spieth might not yet be the next Tiger Woods, but he served notice to the golfing world with a record-breaking first major victory at the Masters on Sunday April 9.

The 21-year-old became the second-youngest player to win at Augusta, behind only Woods’ 1997 effort, and just the fifth man to lead the prestigious tournament from start to finish. In his four rounds he shot 64,66,70,70 and finished -18 under par. Spieth collected 1.8 million as reward money for his win at the Masters and now  has earned over four million in his four short months of playing golf alone in 2015.

But no analysts could have predicted that this young talent would have come out nearly as strong as he did, but not only did Spieth start strong he finished strong,  now the weekend commercials are bombarded with advertising messages on how his club will add this much club head speed and this much loft for this much distance. You don’t see many, if any, on The fading great Tiger Woods who tied for 17th in the Masters. The faces pushed on the broadcasts and in these ads are the young guys who poke it 320 yards.

This 21 year old has given young golfers new hope into the future in the first quarter, the athletic footwear and apparel company that sponsors Spieth Under Armour, reported earnings per share of $0.05, matching expectations, on revenue of $805 million, beating Wall Street’s expectations for revenue of $802.5 million, according to estimates from Yahoo Finance.

The company’s outlook, however, disappointed, with Under Armour raising its full-year revenue outlook to $3.78 billion from $3.76 billion, shy of expectations for revenue of $3.82 billion.

The company also spent time in its press release talking up Spieth, its 21-year-old golf star who shocked spectators earlier this month won the Masters golf tournament while tying the course record of score and of age to win it only trailing Tiger Woods who’s was only months younger than Spieth.

In its earnings release, Under Armour CEO Kevin Plank said: “We are incredibly proud that Under Armour athlete Jordan Spieth captured the Green Jacket in record-setting fashion at The Masters last week. At just 21, Jordan is already firmly entrenched on the global sports stage and we look to support Jordan throughout his career winning major championships as he adds to his legacy.”

Last week, we noted that analysts at Piper Jaffray raised their price target on shares of Under Armour to $93 from $90 after Spieth’s win. Shares were trading near $84.50 on Tuesday morning.

Spieth signed a 10 year deal in 2013 with under armour in 2013 and for two years and in January Under Armour resigned him for a 10 year deal with undisclosed financial terms being released, but he has many performance based incentives to go along with with his long term contract.

Spieth will not take any break despite winning the masters and will continue to climb as one of the most talented, young, and up coming golphers in the professional golf association.