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Waste Management (PGA): Corporate skyboxes, 16th hole

Price: Between $43,000 and $50,000 for the tournament.

Where: TPC Scottsdale, Phoenix

When: Waste Management Phoenix Open, Jan. 30 to Feb. 2, 2014.

What: 192 corporate skyboxes ringing the 16th hole, including 20 new ones next year.

Why: Closest thing to a rowdy frat party on the staid PGA Tour. The unassuming 162-yard, par 3 doesn't look like much. But ever since a young Tiger Woods scored a hole in one here in 1999, the 16th's party-hearty atmosphere has grown, said the tournament's chairman, Tom King.

There are so many skyboxes, the hole looks like a racetrack. The 16th is where the madcap tradition of caddies racing each other to the green began (with many of the well-oiled 20,000 spectators betting on the results). Sorry folks: The PGA banned caddie races for 2014.

How: The $43,000 Skybox for the tournament comes with 34 admission badges, plus, food, booze, programs, etc. The $50,000 skybox comes with 40 badges a day, plus food, booze, programs etc. Skybox holders include: Coors Light, GoDaddy and the tournament's sponsor, Waste Management. Corporate sponsors get them for the entire week of the tournament. The waiting list is two years long; 40 companies deep.

Inside Tip: Buy a $30 general admission ticket and sprint through the tunnel to the open-seating area next to the tee box. That's where Phil Mickelson fans, or "Phil's Crew," talk smack to golfers about their girlfriends, their education, you name it. "It's like entering a gladiator's arena," said King. "It's unbelievable what these kids come up with."