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PGA Tour and FedEx sign five year extension

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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

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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

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Wednesday’s Photos from The 2017 RSM Classic

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GolfWRX is live this week from The 2017 RSM Classic at Sea Island Golf Club — the Seaside course plays as a par 70 measuring 7,005 yards — in St. Simons Island, Georgia.

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Headlined by last week’s OHL Classic champion Patton Kizzire, and 2015 RSM Champion Kevin Kisner, this week’s field is filled with notable names including Ricky Barnes, Zac Blair, Luke Donald, Ernie Els, Harris English, Tommy Gainey, Bill Haas, Beau Hossler, Zach Johnson, Smylie Kaufman, Matt Kuchar, Davis Love III, Graeme McDowell, Ollie Schniederjans, Brandt Snedeker, Hudson Swafford, Bubba Watson and others.

In last year’s RSM Classic, Mackenzie Hughes won in a five-man playoff to secure his first PGA Tour victory. He’s back in the field this year to defend his title.

Check out out photos from Sea Island G.C. below!

Wednesday’s Galleries

 

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

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Tuesday’s Photos from the 2017 RSM Classic

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GolfWRX is live this week from The 2017 RSM Classic at Sea Island Golf Club — the Seaside course plays as a par 70 measuring 7,005 yards — in St. Simons Island, Georgia.

Related

Headlined by last week’s OHL Classic champion Patton Kizzire, and 2015 RSM Champion Kevin Kisner, this week’s field is filled with notable names including Ricky Barnes, Zac Blair, Luke Donald, Ernie Els, Harris English, Tommy Gainey, Bill Haas, Beau Hossler, Zach Johnson, Smylie Kaufman, Matt Kuchar, Davis Love III, Graeme McDowell, Ollie Schniederjans, Brandt Snedeker, Hudson Swafford, Bubba Watson and others.

In last year’s RSM Classic, Mackenzie Hughes won in a five-man playoff to secure his first PGA Tour victory. He’s back in the field this year to defend his title.

Check out out photos from Sea Island G.C. below!

Tuesday’s Galleries

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

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Monday’s Photos from The 2017 RSM Classic

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GolfWRX is live this week from The 2017 RSM Classic at Sea Island Golf Club — the Seaside course plays as a par 70 measuring 7,005 yards — in St. Simons Island, Georgia.

Headlined by last week’s OHL Classic champion Patton Kizzire, and 2015 RSM Champion Kevin Kisner, this week’s field is filled with notable names including Ricky Barnes, Zac Blair, Luke Donald, Ernie Els, Harris English, Tommy Gainey, Bill Haas, Beau Hossler, Zach Johnson, Smylie Kaufman, Matt Kuchar, Davis Love III, Graeme McDowell, Ollie Schniederjans, Brandt Snedeker, Hudson Swafford, Bubba Watson and others.

In last year’s RSM Classic, Mackenzie Hughes won in a five-man playoff to secure his first PGA Tour victory. He’s back in the field this year to defend his title.

Check out out photos from Sea Island G.C. below!

Monday’s Galleries

Special Galleries

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

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