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Web Street Golf Daily Pulse
VOLUME 6, NUMBER 125                                                       
Monday, June 27, 2016

ANY IDEA WHO SAID THIS? “I would like to say next week. I would love to say it, but I can't. It's frustrating. I've been like this for, what, seven months. It's not fun. It's a tough road. I know I'm getting better, I'm progressing, but still I'm just not quite ready to be out here. And that's the hard part as a player and competitor where I'm not out here competing where I know I can play with these guys, I know I still can. I just need to get healthy enough where I can do it on a regular basis.”

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BRAIN TEASER: Can you name the last player over the age of 40 to win on the PGA TOUR?

EARLY ADOPTERS: Quicken Loans National marked the first week of Titleist 917 prototype driver seeding on the PGA TOUR. Of the 28 Titleist drivers in play, 18 players (64%) chose to put a 917 model in the bag the first week it became available. The 917D2 and 917D3 models were evenly split with nine of each in play. Twelve (12) of the 18 players (67%) who played a 917 driver made the cut. The prototype drivers were also seeded at the Web.com Tour's Air Capital Classic where 19 of the 33 Titleist drivers (58%) in player were 917 models.

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SOME IOC MEMBERS ARE NOT HAPPY WITH GOLF: "I think it is appalling," said IOC member Barry Maister, winner of an Olympic gold medal in hockey at Montreal 1976, told New Zealand radio station Newstalk ZB.  "I don't like it and I don't think the sport should be allowed to continue in the Games under that scenario. Once they've got in, they have got to deliver. Just getting in with your name, and then putting up some second or third rate players, is so far from the Olympic ideal or the expectation of the Olympic Movement. The Olympics is about the best, and they pledged the best. Quite frankly, any sport that cannot deliver its best athletes, in my view, should not be there." READ MORE>>>

YOU CAN’T FIGHT MOTHER NATURE: The PGA Tour canceled the Greenbrier Classic, scheduled for July 7-10, on Saturday because of devastating flooding in West Virginia. PGA Tour Commissioner Tim Finchem said officials were heartbroken by the devastation in West Virginia and offered their thoughts and prayers. "Canceling the Greenbrier Classic is certainly the most prudent course of action as our foremost concern is the well-being of those who are having to live through this tragic situation," Finchem said. READ MORE>>>

CHANGE OF PLANS: The qualifying place for The 145th Open at Royal Troon that was on offer at the cancelled Greenbrier Classic will move to the Barracuda Championship at Montreux Golf and Country Club in Reno, Nevada from June 20 to July 3. The Greenbrier Classic was scheduled to be the last stop in The Open Qualifying Series. One player who finishes in the top five and ties at the Barracuda Championship, who is not already exempt for The Open, will secure a place in The Open from July 14-17, 2016. In the event of a tie, the place will go to the player with the higher ranking in the Official World Golf Ranking (OWGR) for the week commencing 27 June.

The Quicken Loans National was part of The Open Qualifying Series. The leading four players, not otherwise exempt, in the top 12 and ties, earned positions in the field at Royal Troon. The four players who qualified are Billy Hurley III (1), Vijay Singh (2), Jon Rahm (T3) and Harold Varner III (7). Rahm, an Arizona State University product, made his professional debut at the Quicken Loans event.

WINNER’S CLUBS: Billy Hurley III, who was born in Leesburg, Virginia and resides in Annapolis, Maryland, captured his first PGA TOUR victory in his 104th PGA TOUR start. The 2004 graduate of the United States Naval Academy, with a degree in Quantitative Economics, won by three shots over Vijay Singh.

“You know, just being so close to home, close to the Academy, close to where I grew up. And then being a part of the event on the PGA Tour that does the most to honor our military here at Quicken Loans National, just couldn't script a better one for me to win my first Tour win,” Hurley said afterwards. He received an important call Saturday night, which caught him by surprise. “I was sitting on my bed in the hotel room reading and my phone, I always keep it on silent. I get yelled by my wife all the time for my phone being on silent, it's a golfer's habit. It just popped up and said Admiral Mike Mullen. I kind of sat there for a second and I was like, you know what, when the chairman of the Joint Chiefs of Staff calls, you answer the phone. I answered the phone and Admiral Mullen said he was on a fishing trip in Montana but he just wanted to call me and we talked for maybe three, four minutes and he just told me what he tells me every time we talk, how proud he is and how proud the military is of me and the Naval Academy of me. It was really special for him to think of me last night.” Hurley won’t forget the first time he won on the PGA TOUR, which also gets him into the Bridgestone Invitational this week and The Open Championship at Royal Troon the following week. Here is what Billy Hurley III used to win the 2016 Quicken Loans.

Driver: TaylorMade M1 430 (9.5 degrees) with a Mitsubishi Tensei 60 shaft
Fairway Metal: TaylorMade M2, 15 degrees
Hybrids: TaylorMade SLDR (19, 21 degrees) and Adams Pro Mini (23 degrees)
Irons: Bridgestone J40 Forged (5-9) and Titleist Vokey SM6 PW with True Temper Dynamic Gold x100 shafts.
Wedges: Cleveland 588 RTX 2.0 Custom (54 degrees); Cleveland 588 Custom (60 degrees)
Putter: TaylorMade Itsy Bitsy Spider Limited
Golf Ball: Bridgestone Tour B330S

Billy Hurley III’s– Numbers for the week:
Eagles: 0
Birdies: 22
Pars: 45
Bogeys: 5
Double Bogeys: 0
Cumulative Score: 267

WEB GEMS:

WHAT’S NEXT? Britain’s decision to leave the European Union could spell bad news for the European Tour’s future. Like many international organizations based in Britain, the European Tour has no idea what leaving the nation’s vote Thursday to leave the EU might mean for business. “Like all global companies whose main headquarters are in the U.K., we are now in the process of assessing the implications for our business following the result of the referendum vote on June 23,” a spokesperson for the European Tour said. READ MORE>>>

HOW SWEDE IT IS! Henrik Stenson won his tenth European Tour title at the BMW International Open at Golf Club Gut Lärchenhof. The Swede had to tackle 36 holes on Sunday after rain delays prevented him from taking to the course on day three and he signed for a third-round 67 in the morning to open up a one-shot lead. READ MORE>>>

FAMILY FIRST: South Africa's Branden Grace has pulled out of this summer's Olympics in Rio because of fears around the Zika virus. Grace, 28, who won the RBC Heritage in April, said: "I am getting married in November and hoping to start a family. I must put their health first.” READ MORE>>>

KO RACKS UP ANOTHER WIN: Lydia Ko cruised into the winner's circle for a third time this season to claim her 13th career title on the LPGA Tour with a three-shot victory at the Arkansas Championship on Sunday. READ MORE>>>

ANSWERS: “I would like to say next week. I would love to say it, but I can't. It's frustrating. I've been like this for, what, seven months. It's not fun. It's a tough road. I know I'm getting better, I'm progressing, but still I'm just not quite ready to be out here. And that's the hard part as a player and competitor where I'm not out here competing where I know I can play with these guys, I know I still can. I just need to get healthy enough where I can do it on a regular basis.” --Tiger Woods after the 2016 Quicken Loans National.

The last time someone 40 or over was victorious on the PGA TOUR was Davis Love III at the 2015 Wyndham Championship. The current Ryder Cup captain was 51 years, 4 months and 10 days when he picked up his 21st career PGA TOUR title.

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 6, NUMBER 124                                                       
Friday, June 24, 2016

ANY IDEA WHO SAID THIS? “When I get to 40, I'm going to re-evaluate everything. I would like to see where I'm at in my career because I might want to go, 'You know what, I'm done. I'm just happy with everything,' and I'm going to go off my merry way and I'll probably never pick up a golf club ever again.”

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BRAIN TEASER: Who has made the most amount of money playing the PGA TOUR this season?

G’DAY MATE: Topgolf has signed a letter of intent to license its concept exclusively in Australia to Village Roadshow Limited (ASX: VRL). The agreement signifies topgolfTopgolf's first joint venture outside of the United States and United Kingdom. The first planned Australian venue will be situated on approximately 15 acres of land adjacent to Warner Bros. Movie World on the Gold Coast, Queensland. Village Roadshow will manage the venue on a day-to-day basis.

"We are thrilled to partner with Village Roadshow to bring our one-of-a-kind Topgolf concept to Australia," said Topgolf President Neil Allen, who oversees Topgolf's international division. "As we enter this new market, the Village Roadshow team will offer invaluable expertise so that we can enhance the signature Topgolf experience with local character. This deal is a major step forward in executing our wide-reaching international expansion strategy as we grow our global community of Topgolf fans."

Construction will begin on the first venue within the next few months with an opening scheduled for mid- to late 2017. The three-level, 65,000-square-foot venue will closely resemble the Topgolf model in the United States. "We have been working on this exciting project for two and a half years, and we are proud to partner with the people of Topgolf who have created such a unique and memorable experience," said Village Roadshow Co-Chairman and CEO Robert Kirby. Topgolf currently has 26 venues and 13 million guests annually.

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MAY THE FORCE BE WITH YOU: One equipment company is looking to get some help from a powerful mouse that has influential friends. TaylorMade-adidas taylormadeGolf Company has announced a global golf merchandise license agreement with Disney to include the Star Wars franchise. The launch of the TaylorMade range featuring iconic characters and branding synonymous with Star Wars. 

Jason Howarth, TaylorMade-adidas Golf's category director, said, “As a company we are incredibly excited to be working with Disney. We know that there are thousands of golfers out there who are massive Star Wars fans, and to be able to collaborate with such an iconic brand to create this range of bespoke merchandise is a fantastic opportunity. We’re greatly looking forward to working more closely with the team at Disney to further build the relationship between the brands.” The Star Wars product range will include Star Wars branded golf balls, headcovers, umbrellas, divot tools, gloves, tees and valuables pouches.

WEB GEMS:

STOP MESSING WITH U.S. OPEN COURSES! READ MORE>>>

NO THANK YOU: Graeme McDowell has declined the opportunity to replace Rory McIlroy in the Ireland team for the Rio Olympics. The 2010 US Open champion, McDowell, was lined up to take McIlroy’s place alongside Shane Lowry but on Wednesday he issued a statement. READ MORE>>>

COUNT ME IN! Padraig Harrington stepped up for Ireland after compatriots Graeme McDowell and Rory McIlroy ruled out playing in Rio when golf returns to the Olympics for the first time in 112 years. The decision left Harrington as next in line, based on current ranking points. "It would be a huge honor for me to represent Ireland at the Olympic Games, having played an active role in golf’s bid to be re-included in the Olympic Games program," said Harrington. READ MORE>>>

ANSWERS: “When I get to 40, I'm going to re-evaluate everything. I would like to see where I'm at in my career because I might want to go, 'You know what, I'm done. I'm just happy with everything,' and I'm going to go off my merry way and I'll probably never pick up a golf club ever again.”--world #1 Jason Day.

Through the playing of the U.S. Open, Jason Day has made $5,868,610 in PGA TOUR earnings. He currently leads the PGA TOUR this season in earnings. In second place is Dustin Johnson ($4,971,424) followed by Adam Scott ($4,806,335). Rounding out the top five is Jordan Spieth ($4,136,032) and Russell Knox ($3,084,086)

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 6, NUMBER 123                                                       
Thursday, June 23, 2016

ANY IDEA WHO SAID THIS? “Ultimately Dustin didn't cause the ball to move. It's virtually impossible to make a hard enough swing next to the ball to make the ball oscillate or move. And the fact that the ball moved backwards up the hill. The putter never touched the ball. Yes, Dustin touched the ground inside of it while he was taking practice strokes. I can guarantee you he had no influence on that ball moving.”

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BRAIN TEASER: A year ago this player missed five consecutive cuts and then won his first PGA TOUR event. Can you name him?

RISKY BUSINESS: Once upon a time, golf made a big push to be considered for inclusion in the Olympics. The motivation was simply. It would give the sport a major platform to be seen on and in turn potentially inspires others around the world to take up the game in under developed countries. In other words, golf is betting its involvement will provide future growth to the game in terms of participants, which would generate an economic ripple effect for others to cash in on.

However, as the Summer Games grow closer not everyone is prepared to unconditionally support this idea. Add former world #1 Rory McIlroy’s name into this list as he surprised many with his announcement that he won’t be going to Rio in August.

“After much thought and deliberation, I have decided to withdraw my name from consideration for this summer’s Olympic Games in Rio de Janiero,” McIlroy said in a statement. “After speaking with those closest to me, I’ve come to realize that my health and my family’s health comes before anything else. Even though the risk of infection from the Zika virus is considered low, it is a risk nonetheless and a risk I am unwilling to take. I trust the Irish people will understand my decision. The unwavering support I receive every time I compete in a golf tournament at home or abroad means the world to me. I will continue to endeavor to make my fans and fans of golf proud with my play on the course and my actions off it.”

McIlroy joins Vijay Singh, Marc Leishman, Adam Scott, Louis Oosthuizen and Charl Schwartzel who have elected to pass on the Olympic experience. While this news is not what golf’s organizers wanted to hear, it also doesn’t help its cause with the IOC. In 2009, golf and rugby sevens were included after the IOC voted to raise the number of sports at the Games from 26 to 28. Seven sports had been considered for inclusion by the IOC, with squash, karate, softball, baseball and roller sports rejected. Rugby was overwhelmingly accepted as IOC members voted 81-8 in its favor. Golf also achieved the necessary majority, by a margin of 63-27. Both sports are guaranteed to be in the Olympic Games in 2016 and 2020 (Tokyo) but the IOC will determine the fate for each after that. So far it would seem golf is off to a rocky start.

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MCILROY GOES BACK ON HIS WORDS: “It would have been an easy way out for me [not to play] but I thought about the good of golf,” McIlroy said in 2014. “This is the first time golf has been in the Olympics for a long time and if the best players aren’t there, supporting the event and competing in it, then what’s the point? I feel like I have a responsibility to grow the game, as part of a group of players who can spread this game throughout the world.” READ MORE>>>

MADE IN THE USA: Just in time for Independence Day, KENTWOOL, maker of the “World’s Best Golf Sock,” has announced it is celebrating America’s birthday with the introduction of a new USA Collection in its Men’s Tour Profile sock model.  The USA Collection showcases 5 new designs in red, white and blue starsandstripeshues:  Liberty, Stars – Blue, Stars & Stripes, Stars – Red and Independence, shown in order from left to right.

“KENTWOOL is proud to be an American manufacturer with roots dating back to 1843, so we wanted to create a sock line to honor that heritage and help golfers celebrate our great country,” said Dan Murphy, president of KENTWOOL. “Something seems a bit disingenuous about companies who offer American-themed products but then choose to produce them off-shore. We offer a true Made in the USA product that is unrivaled in quality and comfort, and we’re excited to share it with golfers from sea to shining sea.”

KENTWOOL Men’s Tour Profile socks are constructed from a proprietary blend of Super Fine Merino Wool and other natural and high-tech performance fibers. Each pair includes WINDspun technology to deliver comfort and is designed to reduce friction, abrasion and muscle fatigue. The company offers a lifetime “Blister-Free Guarantee” with the purchase of every pair.

The new KENTWOOL USA Collection will be available June 22nd at KENTWOOL.com  and select retail locations. The USA Collection will feature a festive retail price of $17.76 per pair (regularly $19.95) online for a limited time only. For any patriot looking to make a fashion statement, KENTWOOL will offer a limited edition “Mix & Match” pack featuring one each of the Liberty, Stars – Blue, Stars & Stripes and Independence styles.  The Mix & Match pack features a retail price of $35.  The USA Collection is available in men’s sizes L and XL and in women’s Medium. 

PXG OFFERS A NEW LINE OF PUTTERS: Following the introduction of a putter line last year that was precision-milled from 303 stainless steel, PXG rolled out a line of insert putters that incorporate the same TPE iron technology in a slightly different manner. READ MORE>>>

WEB GEMS:

THE DONALD! A Mexican flag has been hoisted alongside Donald Trump’s controversial golf course in Scotland, days before the tycoon is due to visit Britain. READ MORE>>>

WOODS UPDATE: Tiger Woods can play soccer with kids and ride a bike but hasn't progressed far enough in his rehab to set a timeline on when he'll return to professional golf. The 40-year-old is battling soreness day-to-day when he practices and said he needs to get into golf shape some more. He hasn't had any setbacks and hasn't lost distance on his drives, but the strain of playing on consecutive days is still a struggle. Woods said he has pushed through injury rehabs before and vowed not to do it again. He missed nine months in 2008 and 2009 after surgery to repair the ACL in his left knee. "Trying to do it correctly this time," he said. "I'm just playing it week-to-week and I keep getting better, I keep getting physically better. I just hope that everything clicks in and I can do it sooner rather than later." READ MORE>>>

ANSWERS: “Ultimately Dustin didn't cause the ball to move. It's virtually impossible to make a hard enough swing next to the ball to make the ball oscillate or move. And the fact that the ball moved backwards up the hill. The putter never touched the ball. Yes, Dustin touched the ground inside of it while he was taking practice strokes. I can guarantee you he had no influence on that ball moving.”--Rickie Fowler.

After entering the week with five consecutive missed cuts, Troy Merritt carded a final-round 4-under 67 for a three-stroke victory over Rickie Fowler and his first career win on the PGA TOUR. At 18-under 266, Merritt recorded a new 72-hole scoring record at the Quicken Loans National, topping the 267 totals by Tiger Woods in 2009 and Nick Watney in 2011.

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 6, NUMBER 122                                                       
Wednesday, June 22, 2016

ANY IDEA WHO SAID THIS? “It's just a matter of it's a tough golf course, and if you're a little bit off, it's going to bite you. You've just got to hit good shot after good shot after good shot. Sometimes it's not that easy, but I thought the USGA did really well. I thought the course was awesome. I felt that it was presented unbelievable. Personally, I think these are the best quality greens I've ever putted on. Probably a little too much sand in the bunkers, if there was one little thing. But other than that, I thought the championship was amazing.”

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BRAIN TEASER: Can you guess who holds the distinction among active players with the most consecutive major championship starts without a victory?

REALLY?? Some time has passed since Sunday’s final round at Oakmont and perhaps cooler heads now prevail. But something worth chewing on is the USGA by virtue of its position, represents golf’s final word when it comes to rules. On Sunday it determined initially that Dustin Johnson didn’t violate a rule on the 5th green and allowed play to continue. Then it had second thoughts and decided it needed to explore the matter further. Despite, Johnson’s belief that he didn’t influence his ball to move, the USGA voted he did and gave him a one shot penalty after play had concluded. While the organization will never be described as transparent, it mismanaged itself and indirectly its own rules, created and administered by it. Hindsight is a wonderful thing and looking back the USGA discovered it was incorrect with its initial ruling. It makes you start to wonder how many other times in the past it’s been wrong???

For the past two US Opens the USGA, itself, has been the bigger story. It completely made a mess of Chambers Bay’s greens, which ultimately decided the championship on the 72nd hole and this year it couldn’t render its own rules in a timely fashion. Fox Sports must be thrilled with its new, be it expensive, relationship. Perhaps the area many are most disturbed with is the possible influence an impending penalty on Johnson had on the competition that was chasing after him on Sunday. Whether it did or didn’t influence those that watch the leaderboard and wondered about Johnson’s score we will never truly know. The USGA acts as big brother in protecting the field, which was part of its motivation in slapping Johnson with a penalty shot after the fact. The fact of the matter is the penalty became irrelevant since the outcome had been determined. Johnson gladly accepted it despite believing it wasn’t justified. But the USGA bullied its way yet again.

Mike Davis, Executive Director and CEO of the USGA, later went on the Golf Channel to defend his organization on somewhat of a public relations crusade. "When you look back at the whole issue, you can break it down into two parts. It's a rules of golf issue, of trying to make sure that you apply the rules correctly the way they're written. And we do believe we did that," Davis said. "But there's another part of it in terms of the conduct of the championship itself, and that's where we'd really like a mulligan because clearly we made a big bogey." Amazing that the USGA kingpin would elect to use the term mulligan, which his organization doesn’t support in any way shape or form, in an effort to indirectly apologize yet still maintain it did the right thing. Clear as mud! And that is where we are today!! And this is supposed to help grow the game? While we’re young (wink, wink)!

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FEELING IS BELIEVING! In recent years golf balls have become softer. It offers players greater feel since they’re able to compress it even when they don’t have Tour-like swing speeds. Srixon has introduced its 10th generation of its Soft Feel and Soft Feel Lady golf balls. The new Srixon Soft Feel Lady golf ball features the same performance benefits as the previous version only with a slightly higher launch, the company said. And it’s ideal for players that don’t possess tour-level swing speed and who prefer softer feel.

jakeThe new Soft Feel is a 60 compression golf ball that is 12 compression points softer than the previous model. This means softer feel on all full shots without sacrificing distance and accuracy from tee to green. The ionomer cover is 11 percent thinner and 5 percent softer than the previous model, Srixon said. The new cover offers more greenside spin and softer feel on all pitches, chips and putts. It has a 324 Speed Dimple pattern, which combines greater uniformity of dimple design with better surface coverage, according to the company. This dimple pattern lowers drag to produce a more penetrating flight and maximize distance on full shots.

“Srixon has significantly improved the feel of the new Soft Feel golf ball while also managing to enhance performance. It’s designed to be incredibly long off the tee with improved greenside spin, performance that will help any golfer that doesn’t swing like a tour pro,” said Mike Powell, President of Sales & Marketing for Srixon / Cleveland Golf / XXIO, North America. “The new Soft Feel maintains its best in class performance. It offers a great performance aspect for players with long distance and greenside spin. In the low super low or low compression category, it is as, if not more durable than any of the other products offered by the competitors,” added Michael Ross, Sr. Product Manager, Srixon. “It’s designed to provide the optimal blend of distance, accuracy and spin to a wide range of golfers. In our tests, the new Soft Feel consistently performed well with golfers across all swing speeds.”

Srixon staff professional Peter Jacobsen is helping promote the Soft Feel. “The Srixon Soft Feel is THE CHOICE for players who need distance and accuracy in a softer, low compression golf ball,” said Jacobsen. “Take it from someone who’s seen a lot of people playing the wrong ball.”

The new Srixon Soft Feel golf ball is available in two different color options, the new Soft White and Tour Yellow for Visual Performance. The new Srixon Soft Feel Lady is available in Soft White and Passion Pink.

They launch in North America is on July 29, 2016, with a Minimum Advertised Price (MAP) of $19.99 per dozen.

TWO TO WATCH OUT FOR: TaylorMade Golf Company has added Jon Rahm and Jordan Niebrugge to its Tour staff. Rahm ended his amateur career as the #1 player in the World Amateur Golf Ranking. He was also a member of Team Europe at the 2015 Palmer Cup and was the winner of the 2015 Mark H. McCormack Medal. During his senior season at Arizona State University, he won four times, including the Pac-12 Championship and the NCAA Albuquerque Regional. In totality, Rahm’s 11 career college victories at ASU rank second in program history. He also became first two-time winner of the Ben Hogan Award, awarded to the top player in college golf.

Niebrugge (NEE-brew-ghee) joins Team TaylorMade after a four-year run at Oklahoma State University where his accomplishments put him alongside the best players in program history. A finalist for the 2016 Byron Nelson Award, Niebrugge departs OSU as one of the most decorated players in Big 12 conference history. He finished T6 at the 2015 Open Championship at St. Andrews, taking home the silver medal for low amateur. His 277-stroke total was the lowest score by an amateur in the history of The Open Championship. Despite popular opinion that he could turn pro and immediately succeed at the next level, Niebrugge returned to OSU for his senior season to finish his degree in Entrepreneurship and Sports Management. Both players are making their professional debut this week at the Quicken Loans National.

“Following their tremendous amateur careers, we are delighted to welcome Jon and Jordan into the TaylorMade family as the newest members of our Tour staff,” said Chuck Presto, Senior Vice President, Global Sports Marketing. “We look forward to watching them both shine on golf’s biggest stages while playing the best performing golf products in the world. It’s an exciting time for all as they embark on the next stages of their respective careers and we couldn’t be happier to have them on the team.”

WEB GEMS:

RESPECT? By so badly botching the Dustin Johnson ruling in a critical moment Sunday, the USGA has lost the respect of the players, perhaps for good. READ MORE>>>

MAN’S GOT TO KNOW HIS LIMITATIONS: We’re facing a crisis in green speeds. During the final round of the U.S. Open at Oakmont, we saw what happens when rates exceed human control. Forget, for the moment, the one-stroke penalty under Rule 18-2/0.5 levied against eventual winner Dustin Johnson for having caused his golf ball to move on the fifth green June 19. That was unsettling enough. The accompanying uncertainty regarding the status of leaders and scoring disrupted the tournament. The real problem is that while an athlete as gifted as Johnson is held accountable for what happens to his golf ball, there are moments dictated by science, gravity and friction (or its virtual absence) when it’s not clear whether anyone could be in control. READ MORE>>>

RICKIE FOWLER IS LOOKING TO GET BACK ON TRACK: Rickie Fowler made the most of missing the cut at the U.S. Open and hopes it pays dividends for him at the Quicken Loans National. The sixth-ranked player in the world has missed the cut in three consecutive tournaments, so on Sunday he went back to the drawing board with swing coach Butch Harmon, who helped revitalize his career before. "All of it is just fundamentals, from setup and getting the ball just to start on the line that we're actually looking and having the flight that we want," Fowler said Tuesday. “One of the main things was my body wasn't rotating or continuing to rotate through the ball. But also some of that was caused by not being in the proper position at the top. Cleaned a few things up." READ MORE>>>

ANSWERS: “It's just a matter of it's a tough golf course, and if you're a little bit off, it's going to bite you. You've just got to hit good shot after good shot after good shot. Sometimes it's not that easy, but I thought the USGA did really well. I thought the course was awesome. I felt that it was presented unbelievable. Personally, I think these are the best quality greens I've ever putted on. Probably a little too much sand in the bunkers, if there was one little thing. But other than that, I thought the championship was amazing.”--Sergio Garcia on the 116th US Open at Oakmont.

2016 AT&T Byron Nelson champion Sergio Garcia (T5) holds the distinction among active players with the most consecutive major championship starts without a victory, with last week marking his 68th straight major championship start (dating to the 1999 Open Championship). Garcia now owns 11 top-5 finishes (including four runner-up finishes) in 71 Major Championship appearances overall.

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 6, NUMBER 121                                                       
Tuesday, June 21, 2016

ANY IDEA WHO SAID THIS? “If you don't have the benefit of the video evidence, then you could reach a conclusion that the player didn't cause the ball to move. In this case, we had evidence that we had to act on. If you don't act on evidence that you have, I think it could be detrimental to the game. I really do.”

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BRAIN TEASER: Which player do you think made the most birdies at the 2016 US Open?

GOING PUBLIC: Acushnet Holdings Corp. (“Acushnet”) has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial titleistpublic offering of its common stock. The total number of shares to be offered and the price range for the proposed offering have not yet been determined. Acushnet intends to apply to list the common stock under the symbol “GOLF.”

For the year ending December 31, 2015, Acushnet’s new sales were $1,503.0 million, a decrease of 2.3% from the prior year and the adjusted EBITDA was $214.7 million. On a constant currency basis, net sales would have increased by $54.1 million or 3.5% versus the prior year, the company reported. Titleist golf ball sales were 36% of 2015 net sales, while golf clubs represented 26%. FootJoy was 28% of 2015’s net sales and Titleist gear was 9%. It posted a loss of $966,000 in 2015, compared to a profit of $21.6 million in 2014.

prov1For the first quarter ending March 31, 2016, net sales were $442.8 million and the adjusted EBITDA was $80.8 million. This compares to a first quarter 2015 of net sales $416.3 million and adjusted EDITDA of $70.4 million. Acushnet also reported 2016 first quarter net income of $26.2 million compared to $16.4 million in 2015

The company believes that the worldwide market for golf equipment and golf apparel is approximately $12 billion at retail. The three largest markets are the United States, Japan and South Korea. Approximately 86% of Acushnet’s 2015 net sales were generated in the United States, Japan, South Korea, United Kingdom and Canada. The company has 31,000 accounts in 46 countries where direct sales coverage exists. It services 90 countries in total and spent $46 million on research and development in 2015. It has received over 400 golf ball utility patents from 2011-2015. The company employs over 5,244 associates worldwide with over 50% having been with it ten years or more.

For the period 2011-2015 Acushnet has generated a strong financial performance. Net sales increased from $1.336 billion in 2011 to $1.503 billion in 2015, footjoyrepresenting a compound annual growth rate of 3% (6% in constant currency). During this period, the EBITDA increased from $138 million to $215 million representing a compound annual growth rate of 12%.

In 2015, Acushnet had $60.3 million of interest expense. The amount represents interest on the company’s Convertible Notes, bonds with common stock warrants, secured floating notes, senior term loan facility and capital lease obligations. In 2016, it entered into a new credit agreement, which allows it to retire all past debt obligations, and to finance one-time payments associated outstanding equity appreciation rights. The new credit facility provides for (a) a new $375 million term loan A, (b) a new $275 million multi currency revolving agreement and (c) a new delayed draw $100 million term loan A facility.

Current ownership as of July 2016, after Fila Korea converts all outstanding stock warrants, will be Fila Korea 33.1%, Consortium Investors led by Mirae Asset 66.5% and Management 0.4%. It has been previously reported that Fila Korea is a long and hold investor while the Consortium Investors are planning to fully redeem their current position via the initial public offering.

J.P. Morgan and Morgan Stanley are acting as lead managers and as representatives of the underwriters.

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ITS THAT TIME AGAIN: Titleist is introducing prototype Titleist 917 drivers to players at the Quicken Loans National on the PGA Tour this week. READ MORE>>>

DID YOU HEAR THAT? How important is sound in golf equipment? Odyssey has elected to pursue a path of deeper exploration on the topic. In turn it’s resulted in the introduction of the Odyssey Milled Collection RSX Putter. By engineering the sound chamber technology into these putters, the company believes it has delivered a crisp sound at impact. The sound the Odyssey Milled Collection RSX Putter makes offers greater feedback that matches up perfectly with the speed and roll off the face. Odyssey said it has coupled the sound chamber with its Metal-X roll technology in the face.

The Milled Collection RSX is milled from 1025 carbon steel and incorporated into Odyssey’s best-selling #7 shape, a progressive V-Line Fang mallet, and the #001, a new take on our classic #1 shape. The line will debut at retail on July 15th and carry a $379.99 price tag.

HOW MANY ATTORNEYS WERE NEEDED FOR THIS? The USGA issued a statement 24 hours after its handy work at the 2016 US Open. “Upon reflection, we regret the distraction caused by our decision to wait until the end of the round to decide on the ruling. It is normal for rulings based on video evidence to await the end of a round, when the matter can be discussed with the player before the score card is returned. While our focus on getting the ruling correct was appropriate, we created uncertainty about where players stood on the leader board after we informed Dustin on the 12th tee that his actions on the fifth green might lead to a penalty. This created unnecessary ambiguity for Dustin and the other players, as well as spectators on-site, and those watching and listening on television and digital channels. READ MORE>>>

WEB GEMS:

THE INNOCENT PARTY: Shane Lowry confessed he was “bitterly disappointed” to blow a four-shot lead but insisted that Dustin Johnson deserved his US Open triumph despite a rules decision delay that took some drama out of the back nine. The ruling was ironic as Lowry called a penalty stroke on himself on the seventh hole of his second round on Saturday, making bogey at the 16th after he said he had caused the ball to move. READ MORE>>>

PASSION: After criticizing the USGA for its obsession with green speeds, Brandel Chamblee on "Live From of the U.S. Open" went toe-to-toe with the USGA's Jeff Hall and Thomas Pagel over the handling of Dustin Johnson's apparent rules infraction that cast a long shadow over Sunday's final nine holes at Oakmont. SEE MORE>>>

NO BRAINER? Circumstances had combined to strengthen Lee Westwood’s case for Ryder Cup inclusion even before his form in marquee events, which suddenly renders an appearance for the Englishman at Hazeltine in September as a no-brainer. Westwood’s tie for second place at the Masters, added to further prominence at the US Open for the first three rounds, means he has already proven a continuing capacity to perform on the biggest stages. Crucially, with Hazeltine in mind, both of these majors are US-based. The odds would now be in favor of the 43-year-old qualifying automatically for Darren Clarke’s team but if not, he has a valid case for a captain’s pick. READ MORE>>>

KARMA? Dustin Johnson already has shown he can take a punch. He also can take a joke. Four months ago, he was playing the AT&T Pebble Beach Pro-Am in his regular pairing with Jordan Spieth, good friends and complete opposites. Johnson had nothing but bad luck in the majors. Spieth already had the Masters and a U.S. Open that he won last year when Johnson three-putted from 12 feet on the final hole at Chambers Bay. At Pebble, on the par-3 fifth hole, Spieth hit a tee shot that hopped the wrong way into a bunker. "Man, when am I ever going to catch a break," he said with a slight grin and a sideways look. Johnson picked up on it quickly. "Bro," he said with a smile, "don't even go there." Finally, the breaks fell Johnson's way Sunday in the U.S. Open at Oakmont, the toughest test in golf on the toughest championship course in the land. READ MORE>>>

ANSWERS: “If you don't have the benefit of the video evidence, then you could reach a conclusion that the player didn't cause the ball to move. In this case, we had evidence that we had to act on. If you don't act on evidence that you have, I think it could be detrimental to the game. I really do.”--Thomas Pagel, Senior Director of Rules of Golf and Amateur Status for the USGA

The 2016 US Open Champion, Dustin Johnson had 11 birdies over four rounds in his victory. However, he didn’t have most. Kevin Na made 16 birdies, while Scott Piercy, Shane Lowry, Sergio Garcia, Daniel Summerhays and Branden Grace each had 14. In 2007, the most birdies at Oakmont CC over 72 holes were recorded by Stephen Ames and the winner Angel Cabrera with 13 each.

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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