Walter C Demattia and Elizabeth J. Crouse - Page 18

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          on petitioners' interpretation of the sponsorship agreements.               
          Dr. DeMattia testified that both he and Constant contemplated               
          that Dr. DeMattia's right to a portion of his son's earnings                
          would continue indefinitely.  Hence, any future success by                  
          Constant would inure to Dr. DeMattia.  Respondent contends that             
          there is no evidence which indicates that the sponsorship                   
          agreements will appreciate in value over time or that the                   
          sponsorship agreements cover Constant's future tournament                   
          earnings.                                                                   
               As an initial matter, the record does not support                      
          petitioners' interpretation of the sponsorship agreements.                  
          Constant testified that he had not given much thought to whether            
          or not each sponsorship agreement entitled his father to                    
          Constant's future earnings.  Moreover, each sponsorship                     
          agreement's coverage is limited to the corresponding "calendar              
          year".  As to Constant's transition into professional golf, the             
          evidence does not establish that Constant was attaining any                 
          modicum of success and consequently that the sponsorship                    
          agreements had any inherent value.  Constant testified that he              
          played in three or four different tours9 in 1992, with only one             
          PGA tournament appearance at the 1992 Canadian Open.  However, no           
          evidence was presented on the numbers of individual tournaments             


               9  A tour consists of a series of tournaments that are                 
          played throughout the country.                                              




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