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Web Street Golf Daily Pulse
VOLUME 7, NUMBER 84                                                         
Friday, April 28, 2017

ANY IDEA WHO SAID THIS? “It doesn't maybe affect your rhythm, it truly affects your rhythm. It's probably a game that not a lot of guys have played unless they've played Ryder Cups and Presidents Cups. It's a very awkward game to play, and it's a game of pressure. Foursomes is a game of pressure, best ball is a game of less pressure. You feel guilty constantly, even with a good shot, but you always think it could have been better to leave your guy in a better spot. It's tough, foursomes is tough mentally, and you can go quite a lot of holes not hitting any normal shots, you just have to chip on and then a couple of little putts. Very hard to get into a rhythm. Alternate-shot I think is going to be the format in this that you could lose the tournament in and the best ball is the one you can win the tournament in.”

BRAIN TEASER: Prior to the 2017 Zurich Classic of New Orleans, can you name the last official PGA TOUR team event that was held?

IS TWO BETTER THAN ONE? Last November, the PGA TOUR Policy Board approved a change to the format of the Zurich Classic of New Orleans, making the event a 2-player team event featuring Foursomes (alternate shot) during the first and third rounds and Four-Ball (best ball) during the second and fourth rounds. Since the formation of the PGA TOUR (1968), this is the first time an official event has utilized Foursome play as part of a team competition, and the event is the first official team event since 1981.

The Zurich Classic of New Orleans will continue to award FedExCup points and official money, and will count as an official victory for the members of the winning team. As such, both players will receive a two-year winner’s exemption and eligibility into Invitational fields. Additionally, the PGA of America will include both members of the winning team in the Tournament Winners category for the PGA Championship.

GO FIGURE?? Kyle Stanley and Ryan Ruffels share the same management representation. Its how they ended up being partners for the Zurich Classic. The two had played together but not extensively. “The first time I think at the Australian Masters. He couldn't have been 16 years old maybe,” said Stanley. “Bud (his manager) mentioned to me that Kyle had some interest in playing with me, and I just thought it would be a great opportunity,” explained Ruffels. “It's just nice of him to take me under his wing a little bit and invite me to play with him.”

Prior to the start of the event, Ruffels, who plays on the Latin America Tour, had never played alternate shot. “Not once in my life. Yeah, Tuesday we played nine holes alternate-shot, and that was a first for me,” he said. So naturally, you find the two unlikely partners at the top of the leaderboard!

BETTER TO GIVE THAN RECEIVE: In celebration of its first $100,000 donation to Make-A-Wish, Topgolf is lighting its targets blue this Saturday, April 29, to coincide with World Wish Day. Every 34 minutes for five-minute-long periods, the targets will appear blue to represent how often, on average, a child's wish is granted somewhere in the United States.

"World Wish Day is a chance for us to celebrate all those who make wish granting possible, including corporate sponsors like Topgolf," said David Williams, president and CEO of Make-A-Wish America. "The generous contributions from Topgolf and their guests are directly responsible for bringing the life-changing benefits of a wish come true to more wish kids nationwide."

Topgolf is inviting guests to join the company in support of Make-A-Wish by adding a donation to their check. Guests may ask their Bay Host to add a Make-A-Wish donation to their tab at the end of their visit. Also co-branded Topgolf and Make-A-Wish merchandise is available. Hats are priced at $19.99 and include a $5 donation to Make-A-Wish. Ball markers are available for $4.99, with a $1 donation to Make-A-Wish. Also $1 from every Injectable Donut Holes order will be donated to Make-A-Wish.

"Please join us on World Wish Day to celebrate Topgolf's partnership with Make-A-Wish and the remarkable long-term impact this organization has on the children whose wishes come true," said Topgolf Entertainment Group Co-Chairman and CEO Erik Anderson. "We are proud to align with Make-A-Wish to inspire hope and joy through extraordinary experiences."

Topgolf plans to help grant more wishes for children with life-threatening medical conditions by pledging to donate a minimum of $250,000 in year two of its partnership with Make-A-Wish.

pumavolitionPATRIOTIC PRIDE: PUMA Golf has partnered with Volition America to launch the Volition America Golf Collection. It offers golf enthusiasts the opportunity to Wear the Colors of Freedom and support the Folds of Honor Foundation. This year Folds of Honor Foundation is celebrating its 10th anniversary.

The Volition America Golf Collection blends PUMA Golf apparel and footwear technologies and styles with Volition America’s focus on patriotism and all things, red, white and blue.  A portion of proceeds from the sales will be donated to Folds of Honor to fund educational scholarships for families of fallen and critically injured military men and women. Drop one of the Volition America Collection launches at retail and on PUMA’s website on May 15th.

“The Volition + PUMA collaboration showcases a new, cool way to wear the flag and celebrate our nation,” said Bob Philion, President & CEO, COBRA PUMA GOLF. “The red, white and blue, Americana look hasn’t really been seen in the golf space, and we are excited to provide golfers the opportunity to support the troops and say ‘I’m proud to be an American,’ by rocking our stylish, performance-ready Volition America + PUMA apparel.”

GLUTTONS FOR PUNISHMENT: The U.S. Open is reserved for the survival of the fittest. Last year there were just four players that finished under par. Three of the four were 1-under for 72 holes! Dustin Johnson’s wining score was 4-under par. It would have been more if the USGA hadn’t intervened! There were 11 scores in the 60s in the 2016 opening round. It matched the total from the previous four US Opens held at Oakmont CC! It was down hill after that for the majority of the field.

In 2015, there were 8 players in the entire field that managed to finish in red numbers. Chambers Bay “enjoyed” some controversy too. Henrik Stenson likened the putting surfaces to broccoli. “I think they’re more like cauliflower,” said Rory McIlroy. Tiger Woods carded an opening-round 10-over 80, one shy of his highest score as a professional in a Major Championship. Meanwhile, in 2014, only three players finished under par for the national championship. Martin Kaymer ran away with it by opening with a pair of 65s at Pinehurst. From that point on it was his to lose as no one could mount a threat.

The U.S. Open championship has widely been considered the most demanding (or sadistic depending on your perspective) test annually that golf has to offer. The USGA takes pride in this, which is why the scores are what they are. Perhaps the harder it is the more people want to play in it? That might be one reason why so many want to experience first hand the pain and suffering the U.S. Open delivers.

According to the USGA, it has accepted a total of 9,485 entries for the 2017 U.S. Open Championship. The number is the fifth highest, the USGA said, behind the record of 10,127 accepted for the 2014 edition. Among this year’s total are 51 players, including 11 past champions, who are fully exempt to participate. For the seventh consecutive year, only online entries were accepted. The USGA received 561 entries on the final day applications were accepted (April 26), including 125 applications in the last hour. Good luck to all.

WEB GEMS:

MULLIGAN?? The pros are sticklers for following the Rules of Golf. Amateurs? Not so much.  A new survey from GOLF.com found that 60% of golfers break or bend the rules at least once a round, while 36% admit to violating the rules two or more times per round. READ MORE>>>

ANSWERS: “It doesn't maybe affect your rhythm, it truly affects your rhythm. It's probably a game that not a lot of guys have played unless they've played Ryder Cups and Presidents Cups. It's a very awkward game to play, and it's a game of pressure. Foursomes is a game of pressure, best ball is a game of less pressure. You feel guilty constantly, even with a good shot, but you always think it could have been better to leave your guy in a better spot. It's tough, foursomes is tough mentally, and you can go quite a lot of holes not hitting any normal shots, you just have to chip on and then a couple of little putts. Very hard to get into a rhythm. Alternate-shot I think is going to be the format in this that you could lose the tournament in and the best ball is the one you can win the tournament in.”--Geoff Ogilvy.

The 2017 Zurich Classic of New Orleans is the first official PGA TOUR team event in 36 years. The last official PGA TOUR team event was the 1981 Walt Disney World National Team Championship held at the Magnolia, Palm and Lake Buena Vista courses at Disney. Vance Heafner and Mike Holland won that title. The tournament became an individual stroke-play event back in 1982.

THE INFORMATION CONTAINED IS BELIEVED TO BE RELIABLE, BUT IT IS NOT GUARANTEED. THE OPINION EXPRESSED IS THAT OF TERRY MCANDREW AND SHOULD NOT BE CONSIDERED A SOLICITATION TO BUY OR SELL SECURITIES IN ANY OF THE COMPANIES DISCUSSED WITHIN THIS NEWSLETTER. CONTENTS OF THIS NEWSLETTER MAY NOT BE REPRINTED OR REBROADCAST WITHOUT THE EXPRESSED WRITTEN CONSENT OF TMAC GOLF

 

 

 

 

 

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Web Street Golf Daily Pulse
VOLUME 7, NUMBER 83
Thursday, April 27, 2017

ANY IDEA WHO SAID THIS? "Everybody knows what the British Open means to me and that I'd like to win it. Yes, I believe I will have the chance to win more than one Major."

BRAIN TEASER: How many players do you think have earned $30 million in career earnings on the PGA TOUR?

WE’RE A BUYER: Federal patent records released on Tuesday answered one of the lingering questions about Nike's exit from the golf equipment business: What will happen to Nike's sizable portfolio of golf equipment patents? The new patent records show Phoenix-based Karsten Manufacturing Corp., parent of the Ping golf brand, purchased five of the patents. Each of the patents describes club technology. READ MORE>>>

PUTT FOR DOUGH! Who says golf can't grow its base? Major Series of Putting (MSOP) has announced more than 250 additional qualifiers across the country and internationally for the MSOP Championships. According to the company, it is to accommodate the continued growing interest in the tournament.

The first qualifying event begins April 28 in Jacksonville, FL and surrounding cities and will be followed by 250 more qualifiers in the U.S. and Canada leading up to the first-ever MSOP Championship to be held in Las Vegas beginning October 27. For additional details and to reserve a spot, visit www.msop.com/qualify. Qualification prices start at $10. Specific dates for qualifiers as well as additional cities are to be announced soon.

"We're thrilled with the overwhelming response we've received for additional qualifiers," said Guillaume Béland, president and general manager for MSOP. "The search for the greatest putter in America now reaches more cities than ever before. Golfers from all across the country now truly have a chance to participate in the main tournament in October."

Players in each of the newly added markets will enter a three-stage competition, which includes local, regional and final events. Throughout the qualifying events, ten players will earn their way to the 2017 Las Vegas MSOP Championships in October. Four players will qualify for the Stroke Play Championship and the opportunity to win $250,000, while the remaining six players will qualify for the Turbo Single event and the opportunity to win $50,000.

MSOP collaborated with Nicklaus Design, Southwest Green and Populous. Brad Faxon also serves as senior advisor for the event. For more information on MSOP and/or a qualifier event, visit www.msop.com.

HAVE IT YOUR WAY: Callaway Golf has launched Callaway Customs program. It initially launched Callaway Customs last year for its MD3 Milled Wedges, but now is expanding the program. Callaway Customs now includes GBB Epic Drivers, Mack Daddy Forged Wedges, select golf balls, and Callaway merchandise. For anyone interested in seeing a product overview of Callaway Customs click here.

ITS PERSONAL: Wedges are highly personal. Since many golfers prefer a specific look, Bob Vokey and his team are constantly evaluating new finish options. For a limited time only, the M Grind, is available in a Brushed Copper Limited Finish. The wedge features a black oxide finish that is lightly brushed revealing the underlying copper plating. Through the normal course of play, the black oxide finish will wear to reveal even more of the copper finish, according to Titleist. Vokey SM6 wedges with the Brushed Copper Limited Finish are available in select golf shops beginning May 12th for $199.


WEB GEMS:

ITS STILL EMOTIONAL: Lexi Thompson paused, tears welling up in her eyes, when asked about how difficult things have been since a viewer-cited penalty cost her what appeared to be a sure victory in the LPGA Tour's first major of the year. Thompson stopped for more than 30 seconds after starting to answer the question Wednesday, a day before teeing off in Texas for her first tournament since the ANA Inspiration in California. READ MORE>>>

Tom Gillis, a 48-year-old who took a job as a high school golf coach earlier this year after posting 188 career starts on the PGA Tour, took issue publicly Tuesday with Ben Crane, accusing the five-time PGA Tour winner of not paying out on a $6,000 bet. READ MORE>>>

GOOD IDEA? Nick Faldo believes players need to brush up on the rules of golf to help avoid the kind of high-profile controversies, which have marred recent major championships. READ MORE>>>

ANSWERS: “Everybody knows what the British Open means to me and that I'd like to win it. Yes, I believe I will have the chance to win more than one Major.”-Masters Champ, Sergio Garcia.

Geoff Ogilvy's tie for 27th at the Valero Texas Open made him the 26th player in the PGA Tour to go over $30 million in career earnings.

THE INFORMATION CONTAINED IS BELIEVED TO BE RELIABLE, BUT IT IS NOT GUARANTEED. THE OPINION EXPRESSED IS THAT OF TERRY MCANDREW AND SHOULD NOT BE CONSIDERED A SOLICITATION TO BUY OR SELL SECURITIES IN ANY OF THE COMPANIES DISCUSSED WITHIN THIS NEWSLETTER. CONTENTS OF THIS NEWSLETTER MAY NOT BE REPRINTED OR REBROADCAST WITHOUT THE EXPRESSED WRITTEN CONSENT OF TMAC GOLF

 

 

 

 

 

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Web Street Golf Daily Pulse
VOLUME 7, NUMBER 82                                                         
Wednesday, April 26, 2017

ANY IDEA WHO SAID THIS? “He's had a great career, a phenomenal career. You know, yeah, he's had back problems, but as well as that, he's 41 years of age. In 1996, and I started in 1996 the same as Tiger, players retired at 35. Nick Faldo retired at 38. I don't think he won a tournament past 37 or 38. Guys retired. It was you stop at 35 and you take a club pro job. So that was the reality back then. Look, let's face it, in 2008, a lot changed in his life, and the back issues obviously were there but came on more afterwards. It's not a straightforward, simple story, is it. Like people's motivations in life change. And that's the hardest thing when you play. As I said, if you look at any of the professional careers of the guys, certainly the European guys who I would be more familiar with. So you're looking at your Seves, your Woosies, your Lyles; Jack Nicklaus I would be familiar. They all played for about 20 years. They might have played golf longer but 20 years. They have a ten-year period in the middle where they are at their best or whatever. And then they have three or four years at the end of their career, end of that period, where they still look pretty good to everybody else but they know themselves. And yeah, they keep playing after 20 years but they ain't the player they were. It's very hard to stay mentally focused, you know, for that long. No other sport does it.”

BRAIN TEASER: Kevin Chappell became one of three players to make the Valero Texas Open his first PGA TOUR win since the event moved to TPC San Antonio in 2010. Can you name either of the other two players to do it?

WHILE WE’RE YOUNG! In a swift response to increasing debates over television reviews, golf's ruling bodies issued a new decision on the Rules of Golf that limits the use of video evidence and could spare players from being penalized even if they violated a rule. The decision issued Tuesday - and effective immediately on all tours around the world - has two standards. READ MORE>>>

INSTANT REPLAY? "We have been considering the impact of video review on the game and feel it is important to introduce a decision to give greater clarity in this area," Martin Slumbers, chief executive of the R&A, said in a statement. "Golf has always been a game of integrity and we want to ensure that the emphasis remains as much as possible on the reasonable judgment of the player rather than on what video technology can show." READ MORE>>>

MONEY MATTER$: One of the most popular phrases in the American lexicon is “Follow the money.” The catchphrase popularized by the 1976 motion picture All The President's Men, suggested a money trail or corruption scheme within high (often political) office. Callaway Golf has appointed someone new on an interim basis to follow its money.

The company reported Robert K. Julian has left and that it has appointed Brian P. Lynch, its General Counsel, to the additional role of Interim Chief Financial Officer, effective immediately. The Company emphasized that Julian's departure was not related to any disagreement in accounting or financial reporting matters and that there has been no adverse change in its business.

Callaway intends to consider both internal and external candidates in its search for a permanent Chief Financial Officer. Lynch has been with Callaway in various roles for more than 17 years and was named General Counsel in 2012. Julian was announced as Callaway’s CFO in April of 2015. He replaced Brad Holiday, who held the position for more than 14 years. Holiday, the company positioned, was retiring. However, in June of 2015, he accepted a position as CFO for Zagg, which design, produce and distribute creative mobile accessory solutions. Julian leaves behind a base salary of 459,000 in 2016 and a bonus of $447,525.

Callaway Golf also announced it will report its first quarter 2017 financial results next Thursday afternoon, May 4, 2017.

MOORE, MOORE, MOORE! GOLFERAID has announced the signing of Ryan Moore to a multi-year endorsement contract. GOLFERAID, professes to be the first sports nutritional product created specifically for the golfer. The company said its product contains natural ingredients enabling golfers to drink clean while on the green..

ryanmoore“We are thrilled to have Ryan join our roster to help us spread the important message to golfers that what they put into their bodies impacts their performance,” said Orion Melehan, LIFEAID Co-founder & CEO. “Ryan fit naturally with our brand because he discovered the product independently and totally on his own, making this partnership uniquely authentic.”

Moore will be used for the GOLFERAID brand marketing initiatives including content creation and appearances. He also will represent the product with branding on on-course accessories. “I’m a firm believer in GOLFERAID because it helps me sustain my energy and playing balance for the duration of my round,” said Moore, who finished tied for ninth at the 2017 Masters Tournament. “I have no spiked highs or lows. That’s huge because every shot matters. Every chip matters. Every putt matters.”

To address mental focus, The GOLFERAID Performance Blend, according to the company, provides clean nutrition to help golfers perform and recover. Each can of GOLFERAID is full of B Vitamins and CoQ-10 designed to provide stamina and focus throughout a round without caffeine. Turmeric, Glucosamine, and MSM help with joint and muscle mobility. The drink contains only nine grams of sugar from its sweetener, organic blue agave.

Founded by Orion Melehan and Aaron Hinde, GOLFERAID was created for an underserved golf community by offering a functional health and nutrition product. GOLFERAID is available online at lifeaidbevco.com; select golf courses around the world including Riviera Golf Club, Congressional Country Club, Doral Country Club and PGA West; and select retail grocery stores including Whole Foods, Sprouts and Safeway.

THE ART OF THE DEAL! Surely this is not what the marketing minds at Bridgestone and TaylorMade had in mind. Tiger has played 54 holes of professional golf in 2017 and might not play another. That leads to questions about the return Bridgestone and TaylorMade will get on their investment in Woods. READ MORE>>>

WEB GEMS:

ALL YOU NEED IS LOVE: It seems there was a lot of love in the air at the wedding of golfing superstar Rory McIlroy and Erica Stoll, and not just from the happy couple as three-time Major champion Pádraig Harrington and US Masters champion Sergio Garcia, both guests, used their meeting at Ashford Castle to kiss and make up. READ MORE>>>

THE TIP! One of the world's best golf coaches who trained Britain's Master's champion and half of the Ryder Cup team has complained that he could be forced to close his academy  because of a row with the Environment Agency. READ MORE>>>

DENIED: Steve Stricker always thought it was a long shot, and he recently was reminded that the USGA is tight when it comes to special exemptions for the U.S. Open. "I wrote them quite a while back and asked for one, and they politely called me and declined," Stricker said. READ MORE>>>

ANSWERS: “He's had a great career, a phenomenal career. You know, yeah, he's had back problems, but as well as that, he's 41 years of age. In 1996, and I started in 1996 the same as Tiger, players retired at 35. Nick Faldo retired at 38. I don't think he won a tournament past 37 or 38. Guys retired. It was you stop at 35 and you take a club pro job. So that was the reality back then. Look, let's face it, in 2008, a lot changed in his life, and the back issues obviously were there but came on more afterwards. It's not a straightforward, simple story, is it. Like people's motivations in life change. And that's the hardest thing when you play. As I said, if you look at any of the professional careers of the guys, certainly the European guys who I would be more familiar with. So you're looking at your Seves, your Woosies, your Lyles; Jack Nicklaus I would be familiar. They all played for about 20 years. They might have played golf longer but 20 years. They have a ten-year period in the middle where they are at their best or whatever. And then they have three or four years at the end of their career, end of that period, where they still look pretty good to everybody else but they know themselves. And yeah, they keep playing after 20 years but they ain't the player they were. It's very hard to stay mentally focused, you know, for that long. No other sport does it.”--Paddy Harrington on Tiger Woods.

Kevin Chappell joined Steve Bowditch (2014) and Brendan Steele (2011) as players to make the Valero Texas Open their first PGA TOUR win since the event moved to TPC San Antonio in 2010.

THE INFORMATION CONTAINED IS BELIEVED TO BE RELIABLE, BUT IT IS NOT GUARANTEED. THE OPINION EXPRESSED IS THAT OF TERRY MCANDREW AND SHOULD NOT BE CONSIDERED A SOLICITATION TO BUY OR SELL SECURITIES IN ANY OF THE COMPANIES DISCUSSED WITHIN THIS NEWSLETTER. CONTENTS OF THIS NEWSLETTER MAY NOT BE REPRINTED OR REBROADCAST WITHOUT THE EXPRESSED WRITTEN CONSENT OF TMAC GOLF

 

 

 

 

 

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Web Street Golf Daily Pulse
VOLUME 7, NUMBER 81                                                         
Tuesday, April 25, 2017

ANY IDEA WHO SAID THIS? “Lee Trevino called me Chris Rock for like the first eight hours.”

BRAIN TEASER: How many first time winners have there been on the PGA TOUR this season?

HOW’S BIZ? Earnings season has descended once again on Wall Street and it won’t be too long before we find out how a couple of golf equipment manufacturers are faring. Recently, Jeremy Erspamer, President & CEO of True Temper shared his thoughts on how the industry is progressing in 2017. “In general there have been no big surprises, either positive or negative, in 2017 to date,” said Erspamer. “We have been a bit disappointed in some of the early Datatech retail sales and NGF wholesale metrics but nothing that would cause tremendous concern at this point. We remain very cautiously optimistic regarding 2017 and committed to controlling the variables we can to drive our business.”

True Temper is the #1 steel shaft company in the industry and therefore enjoys a unique vantage point, especially with the manufacturing companies, which it is a major supplier for. With golf a seasonal business, it may be still a little early to get a sense of how 2017 is looking, yet most of the hard goods business is typically front end loaded for future consumer sales. “Based on what we have seen through April, our unit volumes are fairly close to plan across all product categories,” said Erspamer. “We are down year to date compared to 2016 in the iron category but, due to product launch cycles within the industry, we expect our unit volume in this category to reverse and be up by the end of 2017. We are ahead of last year to date in our graphite wood shaft business as our brands have had good success both on the professional tours as well as commercially. However, this segment of the market is very competitive and continued innovation in brand and design will be required to sustain or grow our business in this category.”

Has Nike Golf’s exit from the hard goods equipment business impacted the market in any way?  “It is always concerning to see a company, especially one as large as Nike, exit the golf hard goods business,” Erspamer replied. “Having said that, the existing golf club brands within the industry appear to be strong and committed to the category. As it relates to our business, we have seen a portion of the previous Nike volume absorbed by current brands and some of the volume has ‘simply disappeared.’ This is in-line with our previous experiences as brands have exited or are absorbed into other companies. I suppose that plays a role in the decision to exit in the first place.”

New product introductions are the lifeblood of the golf industry and historically represent around 25% of True Temper’s annual revenues. Erspamer sees that area growing for True Temper. “The focus and energy level we bring to launching new and innovative product to the marketplace has only been strengthened over the last year and I believe we currently have one the strongest product roadmaps in the company’s history,” he said. “It is vitally important that we continue to keep product and brand innovation as a top corporate objective year after year. Having said that, we also have an established group of products and brands, which continue to represent excellence after being in the marketplace for several years. Therefore, for us, it is managing to the correct balance between new and established brands which should result in new product sales representing anywhere from 25% - 35% of total revenues in any given year.”

Earlier this year a trial balloon was floated about a potential export tax, perhaps as high as 20% with countries the US has a trade deficit. Since golf relies heavily on Asia for it’s manufacturing, Erspamer shared his feelings on any potential impact this would have on the industry if the Trump administration were to see this through?  “This is a complex situation and has many potential effects, some intended and I am sure there would be unintended consequences as well. It is no secret that the golf industry, and the golf hard goods category in particular, has had its fair share of challenges over the last several years,” he said. “Adding this type of incremental cost structure into the mix could certainly strain the industry even further. However, there are macro-economic reasons to ease the US trade deficit with some countries which must be considered for the health of the US economy.  For True Temper specifically, we have a strong US manufacturing presence already with 100% of our steel golf shafts manufactured in the US. But we also have a significant manufacturing operation in China in support of our graphite product offerings. We will keep a very close eye on developments in this potential Trump initiative.”

On the flip side, just yesterday news was leaked that President Trump has ordered White House aides to accelerate efforts to draft a tax plan slashing the corporate rate to 15% and prioritizing cuts in tax rates. The word on the street is that President Trump has told his staff he wants a massive tax cut to sell to the American people. Whether it happens remains to be seen, yet it could be the best news for any golf business in 2017 should it become reality some time in the future?

HOLA AMIGOS! Topgolf is licensing its concept exclusively in Mexico to Ventura Entertainment, which plans to open 10 venues during the next eight years. The partnership marks Topgolf's first joint venture in North America. "We already welcome guests and associates from our neighboring country every day," said Topgolf Entertainment Group Co-Chairman and CEO Erik Anderson. "This expansion south feels like a natural step for Topgolf, and we can't wait to share our fun social experience with local residents and tourists throughout Mexico." 

"Ever since we walked inside a Topgolf back in 2014, we have been dreaming about the possibility of bringing this amazing concept to our country," said Ventura Entertainment Chairman of the Board Javier Molinar. "We are thrilled about the partnership and have no doubt that Topgolf will be a huge success in Mexico."

The first Mexico venues are being planned for Mexico City and Cancun with expected openings in 2018. Topgolf and Ventura Entertainment are also exploring potential locations in other parts of Mexico City, Monterrey and Guadalajara, among others. Fernando Castillo from Ventura Entertainment said, "This is a substantial investment commitment in Mexico that will not only put Ventura Entertainment at the forefront of entertainment but also generate a significant amount of jobs across the country."

FORE MORE YEARS: PGA TOUR Champions and Bass Pro Shops announced a four-year title sponsorship extension through 2021, of the Bass Pro Shops Legends of Golf at Big Cedar Lodge. “Everyone at Bass Pro Shops and Big Cedar Lodge is honored to continue hosting the greatest names in golf for four more years of world-class golfing, fishing and fun,” said Johnny Morris. “This event underscores our commitment to connecting people with nature and showcasing the breathtaking beauty of our beloved Missouri Ozarks with the world.”   

WEB GEMS:

SILVER LINING? The R&A and USGA will announce a change to the Rules of Golf on Tuesday that is expected to ensure a Lexi Thompson situation does not crop up in the future. READ MORE>>>

HYPOCRISY? Nick Faldo is calling for a level playing field for future rules transgressions, and for players and caddies to take more responsibility for knowing the rules. “The problem we have is if you are out at 8 o’clock in the morning and there are no TV cameras and nobody watching you and if you are out at 4 or 5 in the afternoon there is a rule difference,” Faldo said. “You can break exactly the same rule or do whatever infringement at two different times of the day, one on TV and one not on television, and you’ll get a different ruling. That’s the issue. They have got to get a level playing field whether somebody is watching you or not. That’s the big key for me.” READ MORE>>>

ANSWERS: “Lee Trevino called me Chris Rock for like the first eight hours.”--Kid Rock, who partnered with Jack Nicklaus in the first annual Bass Pro Shops Legends of Golf Skins Shootout. Trevino responded by saying, “Well, you have to understand I'm colorblind.”

Kevin Chappell’s victory at the Valero Texas Open was the seventh first-time winner in the 2016-17 PGA TOUR Season.

THE INFORMATION CONTAINED IS BELIEVED TO BE RELIABLE, BUT IT IS NOT GUARANTEED. THE OPINION EXPRESSED IS THAT OF TERRY MCANDREW AND SHOULD NOT BE CONSIDERED A SOLICITATION TO BUY OR SELL SECURITIES IN ANY OF THE COMPANIES DISCUSSED WITHIN THIS NEWSLETTER. CONTENTS OF THIS NEWSLETTER MAY NOT BE REPRINTED OR REBROADCAST WITHOUT THE EXPRESSED WRITTEN CONSENT OF TMAC GOLF

 

 

 

 

 

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Web Street Golf Daily Pulse
VOLUME 7, NUMBER 80                                                         
Monday, April 24, 2017

ANY IDEA WHO SAID THIS? “I wouldn't say the near misses got me discouraged. I was always encouraged by my play and all six of the second place finishes. One thing I didn't do a good job of was enjoy those very much. When I do struggle I really am miserable and I think that's what the key to today moving forward is, is really enjoy this moment and enjoy being a PGA TOUR winner because there's no guarantees out here, and it will make the struggle a little bit easier I think moving forward.”

BRAIN TEASER: Where did Kevin Chappell play his college golf?

THE AMERICAN DREAM: Most golfers are a like. They blame their poor play on their equipment rather than on themselves. One person went about changing that and many from professional to high handicaps, can be thankful that he did. His name was Karsten Solheim. Unlike other golfers, his answer wasn’t to buy another putter in an attempt to be better. The mechanical engineer in him quickly decided that off-center contact caused a putter to twist. It would take a while, but unbeknown to him, a company was in the making.

pingPING has created a new book titled, And The Putter Went PING. It is an inspiring and comprehensive look inside the family owned company that revolutionized the way golf equipment was designed and manufactured. It will be available for purchase starting on May 1st. The book chronicles PING’s heritage and its on-going efforts to advance golf technology for the benefit of golfers of all skill levels. It takes readers behind the scenes of a genuine American success story that began in the family garage of Karsten Solheim, a Norwegian immigrant and mechanical engineer who invented the PING putter in 1959.

It is written by Jeffery B. Ellis, the author of numerous golf books, including the critically acclaimed The Clubmaker’s Art: Antique Golf Clubs and Their History. Nearly 1,000 pictures, many never-before published, provide a visual history of the brand and Ellis’ writing reveals several heart-warming and humorous stories for the first time. More than 70 people were interviewed and thousands of hours were spent researching the company archives and industry periodicals to help illustrate the rich and influential history of the brand named for the sound made by its first product – the PING 1A putter.

“And The Putter Went PING represents a 4½ -year effort with contributions by several current and former PING employees, friends of the company, golf professionals and industry leaders who shared their memories and insights into what has made PING such a special company with millions of loyal customers all over the world,” said John A. Solheim, PING Chairman & CEO.

“We’ve shared a lot of personal stories and recalled many special memories dating back to the early days in our garage and leading up to the company we are today,” Solheim continued. “Our family and employees have been very fortunate to be part of the golf industry for nearly 60 years. The book is a reflection of our never-ending commitment to making golf more enjoyable, and a tribute to all the golfers who have relied on PING products to play their best. We wouldn’t have a story like this without their belief in our products and processes.”

The 530-page, 16-chapter book captures Karsten’s pioneering spirit and his amazing ability to solve problems through innovative solutions that set industry standards still in effect today. You’ll learn about the early obstacles the company faced and the Solheims’ determination to overcome them while staying true to the principles that still guide the family owned company today. Two chapters are devoted to the highly publicized and vigorously debated “square groove” controversy of the late 1980s, in more depth than ever reported.

For fans of PING’s extensive product line, the book documents the evolution of PING’s innovative and game-changing products and the inspiration behind them, including the story of the legendary PING EYE2 iron and its impact on golfers around the world. The unmatched success of the Anser putter and its continued influence on putter design more than 50 years after its invention is covered in detail.

Karsten’s pioneering role in custom fitting and the impact of tour professionals on his fitting process is documented in a chapter that takes readers inside the logic of the iconic PING Color Code Chart and the science behind the company’s top-rated fitting systems.
John A. Solheim, the youngest child of Karsten and Louise, wrote the foreword. The afterword is authored by John K. Solheim, John A.’s oldest son, who was recently named PING president.

And The Putter Went PING will be available at authorized PING retailers and through www.ping-shop.com. Visitors to PING’s headquarters in Phoenix will also be able to purchase the book. U.S. MSRP is $100. A limited edition with padded leather binding and gilded edges will be available for a U.S. MSRP of $300. The book is published by Zephyr Productions, Inc.

TAKE THE GOOD WITH THE BAD: Ian Poulter shot rounds of 75 and 71 to miss the cut at the Valero Texas Open. He began the 2016-17 PGA TOUR Season on a Major Medical Extension with 10 events to earn either 218 FedExCup points or $347,634 to remain exempt for the remainder of the season. Last week’s Valero Texas Open was his 10th and final event to satisfy his Major Medical Extension. He needed to earn 63.775 FedExCup points (solo 12th or better) or $30,624 (two-way tie for 36th or better). Unfortunately, for him he didn’t make the cut. The Englishman, however, is taking it in stride.

“It's not all bad, right? I'm healthy, I'm playing golf. I'm still going to be able to play golf,” he declared. “You know, I have the opportunity to have sponsor invitations. I always have the 125, 150 category. I also have some events I can play in Europe. Obviously I'd loved to have finished up and got it done. However, that hasn't happened. It doesn't mean to say that the clubs are going to go away and you're never going to see me again. Obviously means that I've got some work to do and I need to go -- get away and do some work.” He remains optimistic about his future.

“What it means and what's the most frustrating thing for the next few months is, you know, I can't plan a schedule. So, I have to be ready to go any given Monday to go to an event. Obviously I'll try and qualify for U.S. Open, I'll try and qualify for The Open, I'll play some events in Europe. I'll play some more events over here and obviously I'll do what I need to do. I'm playing with Geoff Ogilvy in New Orleans. Who knows. Golf is a funny game. We could easily go out and win and things are a little different.”

MY BONNIE LIES OVER THE OCEAN: Overseas visitors driven by a long-held ambition to play on a course in the country they regard as the “home of golf” have helped boost the economic value of golf tourism in Scotland by 30 percent over the past decade. However, the report warned that global economic uncertainty, particularly in mainland Europe, may have resulted in slower growth than envisaged. The economic value of golf tourism and events to Scotland has increased to £286 million per year, the report said, supporting 4,700 jobs. READ MORE>>>

WINNER’S CLUBS: Kevin Chappell faced an 89-yard shot at the final hole knowing he needed to get up and down for his first PGA TOUR win. It then came down eight feet, which he rolled it in to post 12-under and claim his first TOUR title in 180 attempts. Ironically, the Valero Texas Open also happened to be his first event as a professional and therefore somewhat fitting he would claim his first victory in the event he started his professional career. “Couldn't happen at a better place for me. Just hit me that this was my first ever PGA TOUR start was Valero Texas Open back in 2008,” Chappell said afterwards.

With the win, he is now off the list of players with a high number of starts without a victory. Current players on that list include Brian Davis (346 starts), Jeff Overton (293), Chris Stroud (278) and Brendon De Jonge (276). His T7 at the Masters earlier this month was his first top-10 result this season and allowed him to improve 50 spots, to No. 109 on the FedExCup standings that week. He now sits No. 21 in the standings.

Here is what Kevin Chappell had in his bag at the 2017 Valero Texas Open:

Driver: TaylorMade 2016 M1, 10.5*
Fairway Metal: TaylorMade 2017 M1 15*, 18*
Irons: Nike Pro Combo
Wedges: Nike Engage Square Sole 48*, PXG 0311T Milled 52*, 56* and 60*
Putter: Scotty Cameron T5MB
Golf Ball: Nike RZN Tour Platinum

Kevin Chappell’s– Numbers for the week:
Eagles: 0
Birdies: 22
Pars: 41
Bogeys: 8
Double Bogeys: 1
Cumulative Score: 276

WEB GEMS:

EXPENSIVE WEEKEND! The final cost of Rory McIlroy and Erica Stoll’s wedding, which took place in Ashford Castle in Cong at the weekend, could be as much as EUR 1 million. The couple tied the knot on Saturday evening with guests at the wedding said to include Ed Sheeran, Jamie Dornan, Chris Martin and Niall Horan as well as golfers including Sergio Garcia, Pádraig Harrington and businessman and high-stakes gambler JP McManus. Stevie Wonder and a 16-piece band provided the entertainment and the couple are said to be preparing to fly to Barbados for a 10-day honeymoon in the McManus-owned Sandy Lane resort before McIlroy resumes his golfing duties. READ MORE>>>

WIESBERGER COMES OUT ON TOP: Bernd Wiesberger beat Tommy Fleetwood in a play-off to win the Shenzhen International on a dramatic final day at Genzon Golf Club. Wiesberger entered round four with a three-shot lead and eight shots ahead of Fleetwood but the Englishman fired a stunning 63 to set the clubhouse target and share top spot at 16 under. READ MORE>>>

WORTH THE WAIT: Kevin Chappell ended a frustrating run of near misses when he clinched his first PGA tour title with a one-stroke triumph over fellow American Brooks Koepka at the Texas Open on Sunday. Chappell let out a scream of ecstasy after sinking his winning putt, an eight-foot birdie at the final hole at TPC San Antonio. His elation was understandable, following six previous runner-up finishes on tour, including four last season. “I’m just excited I don’t have to answer that question (again) of what do I have to do to win,” Chappell said in a greenside interview after closing with a 68 to finish at 12-under-par 276. READ MORE>>>

ANSWERS: “I wouldn't say the near misses got me discouraged. I was always encouraged by my play and all six of the second place finishes. One thing I didn't do a good job of was enjoy those very much. When I do struggle I really am miserable and I think that's what the key to today moving forward is, is really enjoy this moment and enjoy being a PGA TOUR winner because there's no guarantees out here, and it will make the struggle a little bit easier I think moving forward.”--Kevin Chappell after his first PGA TOUR victory.

30-year old Kevin Chappell turn professional in 2008 after playing his college golf at UCLA.

THE INFORMATION CONTAINED IS BELIEVED TO BE RELIABLE, BUT IT IS NOT GUARANTEED. THE OPINION EXPRESSED IS THAT OF TERRY MCANDREW AND SHOULD NOT BE CONSIDERED A SOLICITATION TO BUY OR SELL SECURITIES IN ANY OF THE COMPANIES DISCUSSED WITHIN THIS NEWSLETTER. CONTENTS OF THIS NEWSLETTER MAY NOT BE REPRINTED OR REBROADCAST WITHOUT THE EXPRESSED WRITTEN CONSENT OF TMAC GOLF

 

 

 

 
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