Connect with us

News

PGA Tour and FedEx sign five year extension

Published

on

By Pete Pappas

GolfWRX Staff Writer

There’s a lot going on opening day at WGC-Accenture Match Play today, but nothing is as huge as what happened even before the first ball was teed up.

“We’re delighted with the opportunity to make this announcement,” said Tim Finchem, PGA Tour Commissioner, during a press conference in Marana, Ariz.

Finchem was referring to the partnership extension between the PGA Tour and package shipping giant FedEx, which will last through at least 2017 and be worth at least $175 million.

And for those of you counting, well, let’s just say that’s a whole heck of a lot of golf balls.

“It is a nice addition to the things that have been happening that lay out our future in a very positive way and allow us to build the Tour both domestically and internationally,” Finchem said. “We’ve seen it grow, it’s become a big part of what the PGA Tour is about and it’s had the effect of pulling our season together. We’re going to try to make some adjustments in the next couple years with the FedEx Cup in an even more impactful way.”

FedEx has been a PGA Tour partner since 1986, when it was the title sponsor of the FedEx St. Jude Classic in Memphis, Tenn.

But not many people besides Finchem himself could have foreseen the impactful way this partnership would grow since the FedExCup was first announced in November 2005.

The Playoffs for the FedExCup offer $35 million in total bonus money to golfers based on their finish in the season-long competition, including a $10 million prize to the FedEx Cup Champion (it could become as much as $12 million in the future).

Only three years ago there were whispers that the PGA Tour was in financial trouble. But Finchem would have none of that. And this past September secured new long-term television agreements with NBC and CBS.

And while today’s announcement doesn’t necessarily mean the PGA Tour is depression-proof, it does go a “Bubba” mile towards securing player payout levels and its own long-term organizational health and vitality.

Notes:

The 2012 FedEx Cup playoffs will begin with The Barclays tournament at Bethpage State Park’s Black Course in New York.  The following week it moves to the Deutsche Bank Championship in Boston.  Then on to the third leg, the BMW Championship.  And finally it culminates with the Tour Championship Sept. 20-23 at East Lake Golf Club in Atlanta, Ga.

Previous FedEx Cup Champions include: Tiger Woods (2007, 2009), Vijay Singh (2008), Jim Furyk (2010)  and Bill Haas (2011).

FedEx Corporation is the second-largest package shipping company in the U.S.

Click here for more discussion in the “Tour Talk” forum

Your Reaction?
  • 0
  • LEGIT0
  • WOW0
  • LOL0
  • IDHT0
  • FLOP0
  • OB0
  • SHANK0

Pete is a journalist, commentator, and interviewer covering the PGA Tour, new equipment releases, and the latest golf fashions. Pete's also a radio and television personality who's appeared multiple times on ESPN radio, and Fox Sports All Bets Are Off. And when he's not running down a story, he's at the range working on his game. Above all else, Pete's the proud son of a courageous mom who battled pancreatic cancer much longer than anyone expected. You can follow Pete on twitter @PGAPappas

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Lexi Thompson signs multi-year endorsement deal to play Bridgestone ball

Published

on

Lexi Thompson, who currently plays Bridgestone’s Tour B X ball, will now do so in an official capacity. The company announced today it inked the 22-year-old to a multi-year deal.

The eight-time LPGA Tour winner had been playing Bridgestone’s B330-S for the past two seasons.

“I’ve used Bridgestone for years and the new Tour B product is shockingly good,” said Thompson. “It gives me tremendous distance off the tee without sacrificing any performance around the green. What’s more, I feel confident hitting any type of shot the situation calls for.”

“When I’m testing a golf ball, I look for three things – distance, accuracy and feel,” said Thompson. “For me, the new Tour B delivered in spades. I’ve never played anything that has responded so positively to any situation the golf course throws at me.”

Bridgestone’s Tour B Series includes four models–X, XS, RX and RXS (each $44.99). The company leveraged data from more than three million consumer ball fittings, as well as third-party insights and Bridgestone’s own resources, to create the four-ball lineup.

RELATED: Bridgestone’s Tour B balls were designed with the player in mind

Bridgestone’s professional staff includes, among others, Tiger Woods, Brandt Snedeker, Matt Kuchar, Fred Couples, and Bryson DeChambeau.

Your Reaction?
  • 32
  • LEGIT6
  • WOW1
  • LOL0
  • IDHT1
  • FLOP0
  • OB0
  • SHANK3

Continue Reading

News

Sergio Garcia WITB 2018 (with commentary from Sergio)

Published

on

This special-edition of Sergio Garcia’s WITB includes commentary about his clubs from a podcast he recently did with Callaway, Garcia’s new equipment sponsor. Below are the clubs he is using in Singapore this week.

Driver: Callaway Rogue Sub Zero (9 degrees)
Shaft: Mitsubishi KuroKage Dual Core 70TX
Sergio says: “This new driver feels really, really good. I love the ball flight. I can hit it both ways, left to right, or right to left. And I’ve been driving it quite well. So that gives me even more confidence.”

3 Wood: Callaway Rogue 3+ (13.5 degrees)
Shaft: Mitsubishi KuroKage XT 80TX

5 Wood: Callaway Rogue Sub Zero (18 degrees)
Shaft: Mitsubishi KuroKage XT 80TX

Irons: Callaway Apex Pro 16 (3-4 iron), Callaway Apex MB 18 (5-9 iron)
Shafts: Nippon Modus 130x

Wedges: Callaway Mack Daddy 4 (48-10, 54-10 and 58-08)
Shafts: Nippon Modus 130x
Sergio says: “I loved the wedges right away. They feel so much better for me. I got a lot more spin and different ball trajectories. And because I get more spin, I can be more aggressive with my chipping.”

Putter: Odyssey Toulon Azalea

Golf Ball: Callaway Chrome Soft
Sergio says: “My golf ball feels really nice. It’s definitely much better around the greens for me. It was important for me to make sure I liked the golf ball (when I came to Callaway)… It’s very important to see and feel that you can work the ball, and flight the ball. And that’s obviously one of the reasons why I decided to come to Callaway.”

Discussion: See what GolfWRX members are saying about Sergio’s switch to Callaway in our forums

Your Reaction?
  • 93
  • LEGIT11
  • WOW4
  • LOL2
  • IDHT0
  • FLOP0
  • OB0
  • SHANK10

Continue Reading

Popular Photo Galleries

Wednesday’s Photos from the 2018 CareerBuilder Challenge

Published

on

GolfWRX is live from the 2018 CareerBuilder Challenge at the TPC Stadium Course at PGA West (7,113 yards, par 72) in La Quinta, California.

Related

The field this week is headlined by Jon Rahm, who’s currently ranked No. 3 in the Official World Golf Rankings after his second-place finish at the 2018 Sentry Tournament of Champions two weeks ago. Joining him in the field are notables John Daly, Brian Harman, last week’s Sony Open champion Patton Kizzire, Phil Mickelson, Jimmy Walker and Bubba Watson.

Defending-champion Hudson Swafford notched his first career victory at the 2017 CareerBuilders Challenge, where he won by one stroke over Adam Hadwin. He’ll be back in the field this year to defend his title.

Check out our photos from the 2018 CareerBuilder Challenge below!

Wednesday’s Galleries

Special Galleries

Discussion: See what GolfWRX Members are saying about the photos in our forums

Your Reaction?
  • 11
  • LEGIT1
  • WOW0
  • LOL3
  • IDHT1
  • FLOP2
  • OB0
  • SHANK1

Continue Reading

19th Hole

Facebook

Trending