I wonder where they'll settle as far as commercialization.
Given that Augusta National is one of the most tradition-oriented places in the world, I doubt they will ever allow their broadcasting partners to significantly increase the volume of commercials. The leadership of Augusta National are firm believers in the adage "don't fix what isn't broken."
And to be frank, if you watched this week's broadcast and thought they showed a lot of commercials, then you haven't watched golf on television this year. I'd estimate the volume of commercials was probably a quarter of that shown for a regular PGA tour event.
I also love that while CBS has broadcast the Masters every year since the mid 50s, it's always on a one year agreement that they re-up each and every year.
I don't love that Augusta has such a history of racism and sexism, but they are at least trying to address it (though they will likely never acknowledge the many, many mistakes of the past). Honouring Lee Elder and making sure new generations of golf fans know about him was a nice guesture this year. It was special to see a Japanese champion don the green jacket 10 years after coming to prominence in world golf due to winning the Asia-Pacific Am, getting a spot in the Masters and being low Am, all Augusta sponsored events to grow the game's inclusivity (though a little rich from one of the most exclusive clubs in the world). The Am event for women is another step in the right direction, but I really want to see the top women in the world tee it up for 4 days with the same kind of coverage the man receive. Augusta has made a lot of positive changes, but they shouldn't get a free pass to ignore some very despicable behaviour, some of it far too recent.
There are now a ton of sponsor booths on the Cambridge side of the river. And rather than groups from colleges setting up wherever, they're now in a big roped off area on the Boston side.
That said, long-lived events can stay volunteer efforts.
For better or worse, no it's not. If you tried to have the same event today, it would be flooded with far more people than were there in 1999. Demand has gone up. Some of the mentioned changes are just to accommodate that; for instance, as more people show up, you're going to need more security because the odds of someone needing to be removed go steadily up.
Augusta National probably still has a policy [0] that if a spectator misbehaves in some fashion, they will trace the ticket back to the person who first acquired it, and ban them from future ticket sales. This is why you don't hear people yelling "git it!" at the tee or wearing brightly colored wigs [1] during the event - they get dis-invited and escorted off the property.
[0] Mom & Dad used to go back in the 1970's, using borrowed tickets. After he retired he lost his connection for getting them. They always ate the pimento-cheese sandwiches, and loved them.
[1] https://en.wikipedia.org/wiki/Rollen_Stewart -- who is still serving three life sentences in prison.