I knew that about Phelps. Bad example I guess. Tiger Woods? Callaway or Titleist could endorse some great amatuer golfers.
I didn't know there was a stipend in place.
Yeah I'm not exactly sure how it works, but I believe they have a housing allowance if they live off-campus -- I seem to recall some athletes at my school talking about that. I need to look into this more. The bottomline with the stipend, it's not much though.
If amateur golfers were being endorsed (and realize in terms of golf, that includes high school players), they might as well just go pro. I know many top high school golfers don't even play for their high school teams. It be like if LeBron didn't play for Saint Vincent-St. Mary's. I think it's a bit different in these individual sports. I think they are more in school for the education, sure they can get coaching but many of them probably already have elite private coaches. It's not like there's a draft or anything, they can pretty much leave at any point -- they just have to qualify for the PGA Tour.