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Billy Casper Golf is negotiating an early exit from a municipal management contract in Black Mountain, North Carolina.
“Everybody is in favor of severing the relationship,” the town’s mayor told the Asheville Citizen-Times after council members voted unanimously to end the relationship, which was supposed to last until September 2016.
The town put BCG in charge of its 18-hole track in September 2011, hoping that professional management would generate profits. Instead, the course has lost $254,000, and BCG has worn out its welcome.
The newspaper reports that the town is obliged to pay a severance fee of about $100,000, although the amount could conceivably be reduced.