Equipment
Cleveland Golf Sold to SRI Sports
Quicksilver Inc. announced the sale of Cleveland Golf today to SRI Sports Limited.
Quicksilver acquired Cleveland 2005 after purchasing the Rossignol Group. Bit by bit, Quicksliver began minimizing Cleveland’s costs and expenditures. In the past year, their stable of high dollar Tour Pros For has been slowly whittled down with only Vijay Singh remaining from their marquee staff. It became clear that Quicksilver was interested in selling Cleveland. Since June of 2007, rumors have been constantly surfacing as to who Cleveland would be sold to. However, today’s announcement that SRI Sports Limited, a Japanese company and parent of the Srixon golf brand came as a surprise to many. The remaining shares of Cleveland golf were purchased by Quicksliver this September and the final total of the sale is estimated to be $132.5 million.
Quicksilver’s decision to sell Cleveland is part of a company wide move to reduce their presence in the hardgoods business. Bernard Mariette, President of Quiksilver said, "We believe this transaction is a key strategic action for our company that will drive immediate value and enable us to reduce both our exposure to the hardgoods space and our degree of leverage." The move appears to be welcome by Cleveland officials as well. Greg Hopkins, President of Cleveland Golf said, "We are excited by the many positive aspects of this deal, including the combination of a great brand in golf with a new organization that is completely and solely devoted to the sport. Significantly, their operating model is set up to anticipate and respond to the seasonality and other specific requirements of the golf market. We believe that this singular focus will benefit the entire Cleveland organization in a number of ways."
Although a bit of a dark horse candidate, it appears that SRI Sports Limited will be a welcome home for the Cleveland brand. "Cleveland has a clear position of dominance in the important wedge market and a fast-growing presence in drivers and irons. We believe that this business will prove highly complementary to our own. We are looking forward to demonstrating Cleveland’s full potential to the market and believe that the business can benefit greatly from our stewardship," said Ryochi Sawada, Chairman of the Board of SRI Sports Limited.
Yet this acquisition has set up an interesting dichotomy within the SRI Sports brand. Srixon USA, also owned by SRI, has recently begun making major headway in the U.S. market, especially in the area of golf balls, where their ZUR line has gained rapid acceptance among Tour players and amateurs alike. Srixon’s club sales have been used as support with golf balls being the main focus of the brand. With Cleveland’s acquisition and their strong line of patents and products like the popular HiBore and CG irons and wedges. The end game for SRI and how Cleveland will fit into their global strategy will be very interesting to watch.
What do you think this sale will have on Cleveland Golf and SRI’s future? Discuss it in our fourms!
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At GolfWRX, we are a community of like-minded individuals that all experience and express our enjoyment of the game in many ways.
It’s that sense of community that drives day-to-day interactions in the forums on topics that range from best driver to what marker you use to mark your ball. It even allows us to share another thing we all love – buying and selling equipment.
Currently, in our GolfWRX buy/sell/trade (BST) forum, there is a listing for an Artisan 0521 custom putter
From the seller: (@Nobody2): “$775 -Artisan 0521 custom putter PVD (black finish) with sweep neck hosel. There are no personal stampings other than my player # in very small print on the side of the hosel (all Artisan products have this along with the date it was made). This putter looks absolutely amazing and has only been used for 3 rounds. It has a black steel shaft and has a very Cam Smith look to it. The putter looks new and has no wear marks anywhere on the putter. It comes with extra weights (one set of of 5 gram weights and one set of 15 gram weights). The head cover is a a navy blue ‘quilted blade putter cover.’ If you are wondering why I am selling…I flat out have the yips and the only thing saving me is a broomstick. New, this putter is $1085, so if the specs work for you (grip, length and lie can certainly be tweaked) it will save you some good money and 2 month wait time.
Specs:
To check out the full listing in our BST forum, head through the link: Artisan 0521 custom putter
This is the most impressive current listing from the GolfWRX BST, and if you are curious about the rules to participate in the BST Forum you can check them out here: GolfWRX BST Rules
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Equipment
A shocking Backstryke putter appearance + 7 interesting gear photos from the Zurich Classic
Welcome to New Orleans, where TPC Louisiana plays host to the 2024 Zurich Classic. In between breakfast beignets and nightly Creole feasts, PGA Tour players are also competing in the unique two-man format at the Zurich this week.
Although the vibes in Nawlins are a bit lighter-fare than the recent back-to-back competitions the Masters and the RBC Heritage signature event), the gear news was no less serious this week.
We spotted some recent changes from Rory McIlroy, a very rare Odyssey Backstryke putter, dove into the bag of legendary New Orleans Saints quarterback Drew Brees, and spotted Patrick Cantlay continuing to test new equipment.
Get your beads out and crack your crawfish, because it’s time for an equipment rundown from The Big Easy (meaning New Orleans, of course, not Ernie Els).
See all of our photos from the Zurich Classic here
Rory’s on-and-off lob wedge
Since the end of 2023, Rory McIlroy has had an on-again, off-again relationship with a Titleist Vokey K-Grind lob wedge. In his last start, it was on, and the wedge is back in the bag again this week. We got a great look at the complicated grind that McIlroy uses.
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A full look into McIlroy’s bag above also shows that he switched out of the TaylorMade BRNR Mini Copper that he used at the RBC Heritage, and he’s back into the Qi10 core 3-wood. As we discussed last week, McIlroy will likely keep the BRNR around as a course-specific club, trading it in and out for the 3-wood.
See Rory McIlroy’s full 2024 WITB from the Zurich here
Turning Back the clock
Unless Tommy Gainey is in the field, it’s unlikely you’ll ever see Odyssey’s Backstryke technology make an appearance on the PGA Tour.
But then, when you least expect it, Russ Cochran shows up.
For more than a decade – since the 2013 Sony Open in Hawai’i – Cochran has been stuck on 599 PGA Tour starts. This week will be his 600th.
Cochran is in the field at the Zurich this week playing alongside Eric Cole, whose regular caddie is Reed Cochran, Russ’s son.
The Backstryke putter was first released back in 2010, and its unique design helps shift the axis point of the putter closer to the CG of the head. And, the putter is getting a nod this week at the Zurich Classic, thanks to Cochran’s 600th career PGA Tour start.
The putter is certainly awesome, but don’t forget to check out Cochran’s full WITB from this week.
Drew Brees with a Super Bowl winning Scotty Cameron putter
Drew Brees, a legendary retired quarterback for the hometown New Orleans Saints, made an appearance at the Zurich’s Wednesday Pro-Am, playing alongside Zach Johnson, Ryan Palmer, and current Saints QB Derek Carr.
Brees’ bag included a TaylorMade Stealth2 Plus driver, a BRNR Mini 13.5-degree, a Stealth 5-wood, a mixed set of P-790 and P-760 irons, Milled Grind Hi-Toe wedges, and a custom Scotty Cameron “New Orleans Saints” putter, which Scotty made for Brees following his Super Bowl MVP-winning performance in 2010.
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It should also be noted that Brees has his Venmo QR code as a bag tag.
If you’re gambling with Brees on the course, just know that not having cash won’t work as an excuse.
Brilliant.
See Drew Brees’ full WITB from the Zurich here
Stricker’s unrecognizable putter
Steve Stricker has made numerous upgrades to his bag recently, including a new TSR3 driver and T100 irons, but his longtime Odyssey White Hot No. 2 putter is still going strong. It’s the most recognizable unrecognizable putter ever.
Here’s a better look at Stricker’s flatstick, which he started using back in 2007.
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Patrick Cantlay has opened the equipment-switching floodgates
Over on the PGA Tour’s Equipment Report this week, we covered Cantlay’s recent switch into Ping Blueprint S irons, and a Titleist TSR2 driver.
Cantlay hadn’t switched irons for about seven years, so the iron switch he made at The 2024 Masters came as a shock to the norm. He simply isn’t one to change gear very often, so anytime Cantlay makes a switch, it’s news.
It seems the floodgates of equipment testing have opened up a bit for Cantlay, who was also spotted testing a custom Scotty Cameron blade putter on Tuesday this week. By Wednesday, Cantlay was back practicing with his familiar Scotty Cameron T5 Proto mallet, but it’s certainly something to keep an eye on going forward.
Daniel Berger’s custom Jailbird site lines
Berger, who’s currently using Odyssey’s Ai-One Mini Jailbird mallet putter, has a unique 3-dot, 2-line alignment on the crown of his navy-white-navy-white mallet putter. Looking down at the putter, it’s easy to see why this alignment system would help; it just seems impossible to set up to the ball off-center, or misaligned to the target.
Also, for anyone worried, you can rest easy. Yes, he’s still playing the 2013 TaylorMade TP MC irons, which we highlighted in our recent “Modern Classics: Old vs. New” video testing series.
FitzMagic teams back up
Brothers Matthew and Alex Fitzpatrick are teaming up once again at the Zurich this year, and Bettinardi Golf hooked them up with some festive “FitzMagic” headcovers to match this week.
See what else is in Alex Fitzpatrick’s WITB here
And, with that, we say goodbye to the Zurich Classic in New Orleans. Don’t forget to check out all of our photos from this week, including 30 unique photo galleries full of equipment photos.
We’ll see you next week in Texas for the 2024 CJ Cup Byron Nelson!
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- Alejandro Tosti what’s in the bag accurate as of the Zurich Classic.
Driver: Srixon ZX5 Mk II LS (9.5 degrees @10.5)
Shaft: Project X HZRDUS T1100 75 6.5
3-wood: TaylorMade Qi10 Tour
Shaft: Project X HZRDUS Black 80 TX
Hybrid: TaylorMade Qi10 Tour Rescue (22 degrees)
Shaft: Project X HZRDUS Smoke Black RDX 6.5 100
Irons: Srixon ZX7 Mk II (4-PW)
Shafts: True Temper Dynamic Gold Mid Tour Issue X100
Wedges: Cleveland RTX6 ZipCore Tour Rack (50-10 MID, 54-10 MID, 58-10 MID, 60-06 LOW)
Shafts: True Temper Dynamic Gold Mid Tour Issue X100, S400
Putter: Scotty Cameron
Grips: Golf Pride MCC Plus4
Check out more in-hand photos of Alejandro Tosti’s WITB in the forums.
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Dave Portnoy places monstrous outright bet for the 2024 Masters
John Daly stuns fans into silence with brutal opening tee shot on PGA Tour Champions
Things got heated at the Houston Open between Tony Finau and Alejandro Tosti. Here’s why
Justin Thomas on the equipment choice of Scottie Scheffler that he thinks is ‘weird’
Tiger Woods arrives at 2024 Masters equipped with a putter that may surprise you
‘Absolutely crazy’ – Major champ lays into Patrick Cantlay over his decision on final hole of RBC Heritage
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Alejandro Tosti WITB 2024 (April)
Alejandro Tosti what’s in the bag accurate as of the Zurich Classic. Driver: Srixon ZX5 Mk II LS (9.5 degrees...
Drew Brees WITB 2024 (April)
View this post on Instagram A post shared by GolfWRX (@golfwrx) Driver: TaylorMade Stealth 2 Plus (10.5 degrees)...
Daniel Berger WITB 2024 (April)
Daniel Berger what’s in the bag accurate as of the Farmers Insurance Open. More photos from the event here. Driver:...
Rasmus Højgaard WITB 2024 (April)
Rasmus Højgaard what’s in the bag accurate as of the Zurich Classic. Driver: Callaway Ai Smoke Triple Diamond (10.5 degrees)...
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19th Hole2 weeks agoDave Portnoy places monstrous outright bet for the 2024 Masters
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19th Hole4 days agoJustin Thomas on the equipment choice of Scottie Scheffler that he thinks is ‘weird’
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19th Hole2 weeks agoTiger Woods arrives at 2024 Masters equipped with a putter that may surprise you
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19th Hole4 days ago‘Absolutely crazy’ – Major champ lays into Patrick Cantlay over his decision on final hole of RBC Heritage
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19th Hole2 weeks agoTwo star names reportedly blanked Jon Rahm all week at the Masters
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19th Hole1 week agoReport: LIV Golf identifies latest star name they hope to sign to breakaway tour
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19th Hole2 weeks agoNeal Shipley presser ends in awkward fashion after reporter claims Tiger handed him note on 8th fairway
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19th Hole1 week agoBrandel Chamblee has ‘no doubt’ who started the McIlroy/LIV rumor and why
Elico
May 3, 2008 at 5:09 am
I am a 48 year old golf beginner (I used to play tennis), and after having tried “normal” irons, I tried Hibore, and now I can play golf!
So thank you Cleveland Hibore, I do not care about their shape and noise…
Have you tried an oversized tennis racket? It is the same thing: it helps!
robby
Apr 9, 2008 at 3:12 pm
I hope SRI keeps the current sales teams for both Srixon (balls) and Cleveland in place and does not try and combine the sales forces at this time to save a few dollars.One of the brands will suffer.SRI should continue to have two distinct sales forces calling on off course and on course businesses until such time the brands are strong enough to stand on their own..ie Titlist and Cobra.Neither brand currently has enough clout or leverage to make a business buy more Srixion balls or more Cleveland clubs just because you have one rep for both products?
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Quint
Nov 9, 2007 at 9:40 pm
I hope someone from SRI reads this and lets the Cleveland name alone. I have been a Cleveland player for years. I have owned TA5s, TA2s, CG4s, and all the woods. It would be a shame for clubs so easy to hit and marketed with PGA tour players to go away. I am glad that SRI has the chance to expand the great name of Cleveland Golf. The Hi-bore driver was a hit and I still use it to this day. Remember SRI, we want to hit the clubs, and wear the hats the guys on tour use. Keep the Cleveland line going! Thanks.
Andy
Nov 1, 2007 at 4:09 pm
Srixon did not buy Cleveland Golf. SRI sports bought Cleveland Golf. Huge Difference. SRI and Cleveland are BOTH owned by SRI sports. Srixon therefore DOES NOT own Cleveland. They are subsidiaries of SRI.
Nutzfourgolf
Nov 1, 2007 at 11:23 am
How about those people who don’t think Srixon makes great irons??? I play the Srixon irons and left Mizuno to do so…. I also play the new WG-706 wedges – left Cleveland wedges to do so. My Driver is a TM Super Quad and 3 Wood is Titleist – I play what I belive in and what works for me. Srixon is a great brand and make kick ass hard goods not just great balls. My adage is try before you buy…. And don’t knock it before you try it – or if you’ve never hit it! I think the acquisition is beneficial for both companies. I’m sure that alot of folks were surprised that Srixon had the juice to buy another premier brand. Most surprising to me was the fact that Srixon seems to target the niche market and Cleveland targets the mass market. Will be interesting to see how the brand differentiation shakes out… Just my opinion! Keep it in the short stuff!
Anonymous
Nov 1, 2007 at 12:25 am
Hibore XL was one of the best selling drivers this year. At times, it is the best selling driver. for those who said that it’s a flop, please do some research before you make such a false statement.
it’s great that some people like classic shaped drivers, but why aren’t the major brands making them anymore? because classic shape is old technology. It’s simply doesn’t even come close to some of the “modern drivers” from a performance standpoint. If you rather choose a classic driver simply because you’re more used to it, you’re just fooling yourselves!
a lot of people criticized metal woods(same way that people are criticizing geometry driven drivers) when they first came out, who’s actually using them now? For those who complain about oddly shaped drivers, maybe you should go back to persimmon woods to be truly classic, otherwise, aren’t you just a hypocrite?
Back to the topic, I can only see good things come out of the merger. I look forward to seeing what both companies will be making in the near future.
uncleboo6
Oct 31, 2007 at 10:03 pm
Good move!!! hopefully will help to return to the Cleveland of old!! great wedges solid irons and growing the driver market.It makes sense to marry the two brands (Srixon and Cleveland) to create a stronger market presence to chalenge the big guys!
Juansky
Oct 31, 2007 at 7:22 pm
Time to get rid of my Hibore before prices take a dump! Titleist here I come!
Anonymous
Oct 31, 2007 at 5:57 pm
Sumitomo Rubber Industries and their division of SRI sports are best known as the premiere market leader, #1 in Japan under the Dunlop/XXio brand. People who believe Cleveland and Srixon will be heavily involved with one another are absolutely mistaken. Although Srixon balls are doing well and gaining momentum, Srixon equipment does not hold a candle to the number of units that Cleveland sells annualy. Cleveland will remain untouched for the forseeable future, and operate as a complimentary brand within the SRI umbrella. They are DOMINATING in wedge share following the release of Zip Groove Products… and for a while this season the Hibore XL was the best selling 2007 driver. It is unfortunate that the sale rumors have created such an opportunity for people to bash the company… because market share wise they are doing quite well. It will be interesting to see what Cleveland can accomplish with a company who understands the seasonal nature of the golf business and hardgoods, especially with some financial backing to expand. Those are three key elements the company lacked under quiksilver…. and thus why a change was needed. I look forward to good things from Cleveland Golf now that they have support from such a huge, golf minded, successful company. Stay tuned… and don’t bash for no apparent reason.
George
Oct 31, 2007 at 12:25 pm
Good news for Cleveland, they are in dire need to get a true technology in their equipment. The HiBore was a disaster and
really thumbed the nose of golfers who love more traditional shapes, plus that sound was unbearable! Perhaps with the technical
resources of SRI they can leverage more technology and performance from the brand.
Jerry
Oct 31, 2007 at 10:17 am
Some of Cleveland golfs older drivers were classics and still played by many, like the 460 comp. If you look at Adams and the new driver 4350 tour, maybe they will go back to that classic shaped head with some major updating and a deep face and upgraded shaft options as many of us still like the classic shapes. I think they can improve sales to the demanding golfer if they continue in that direction
Josh
Oct 31, 2007 at 10:05 am
I think it will be great for both Srixon and Cleveland as brands. Srixon golf balls are getting more and more recognition. Plus the new forged irons are beautiful. Perhaps they can focus Srixon directly to golf balls, and start releasing some nice FORGED cleveland irons and such. Something like some gunmetal 701 tours with the CG symbol on the back perhaps???
Derick
Oct 31, 2007 at 8:41 am
I wonder if SRI will use cleveland as there club brand and Srixon as there ball brand. Cleveland was really making strides in the right direction as far as club design, were Srixon needs a little help. All and all I think it was a good purchase for SRI and hopefully the customers will see great equipment in the future from Cleveland.
James
Oct 31, 2007 at 6:38 am
Does this mean they will start making any decent equipment???