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Web Street Golf Daily Pulse
VOLUME 6, NUMBER 85                                                         
Friday, April 29, 2016

ANY IDEA WHO SAID THIS? “The only two things that I think about in life is my family and golf, and that's all I want to think about.”

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BRAIN TEASER: Nine players who've previous won in New Orleans are back this week, including defending champ Justin Rose. Can you name the last player to successfully defend his title in New Orleans?

FOLLOW THE BOUNCING BALL: Callaway Golf reported its products continue to increase in market share despite revenues declining. Callaway’s U.S. sales were $160 million for the first quarter of the year, down $8.6 million from a year ago or 5.1%. However, the company says it sold more products to retail, evident by its market share gains.

“Our hard goods market share for the quarter finished at 21.6%, up 100 basis points year-over-year,” stated Chip Brewer, Callaway Golf’s CEO. “This was led by the strength of our XR 16 driver, Apex irons, and our golf balls. We sustained our leadership position in clubs and strengthened our brand momentum positioning golf ball.”

Brewer drew particular attention to the golf ball segment to the investment community. “Our Green Grass business was a particular highlight for the quarter delivering double-digit year-over-year growth. We also strengthened our distribution position at Green Grass with year-over-year growth in golf ball distribution of 800 doors. Our March U.S. dollar share of 13% was the highest on record and reinforces our belief and our potential for growth in this category,” he continued.

The increased penetration at green grass for golf balls was a product of its previous successes, according to Brewer. “Our Green Grass business was a key strength for us in every category in Q1 as it was in Q3 and Q4 of last year. We had a lot of success with Supersoft when we launched it. We had a lot of success with Chrome Soft when we launched it. After we had those two successes, our pitch to go into Green Grass and motivate the pro to support us was much stronger. And so therefore you see some of these results and more people coming onboard. Our 12.2% market share for the quarter, 13% for the month of March is now our highest on record,” he reported. According to Brewer, citing Golf Datatech research, 45% of golf ball sales happen in pro shops at golf courses around the country and the majority of volume in this channel comes in the second and third quarter each year.

Callaway is the #2 selling brand in terms of market share, trailing only Titleist. Brewer told Wall Street that Bridgestone is #3 and had a 9.9% dollar share in the category.

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BUY LOW, SELL HIGH: It began in an effort to get its products in front of potentially new customers. However, Callaway Golf's financial backing in TopGolf turned out to be a wise investment, whether it influences future purchases back to the company or not. Callaway reported in its first quarter operating results it recently sold 10% of its investment in TopGolf and will see an $18 million pre-tax gain in the second quarter of 2016. Callaway still retains an approximate 15% ownership interest in TopGolf, which Chip Brewer, said is remains quite valuable. "Our minority investment in TopGolf is now beginning to publicly reveal some of its potential with an up round investment by Province which would value our remaining position at approximately $212 million. This after an $18 million pre-tax gain and $23 million cash event associated with the sale of a small portion of our investment," he said.

HOW'S THE COUNTRY CLUB BIZ? ClubCorp announced its eighth straight quarter of record results. First quarter 2016 revenue was $214.9 million, up 6.3% due to solid increases in dues, food & beverage and golf operations revenue, it said. Earnings before interest, taxes, depreciation and amortization at golf and country clubs was up 11.6% $50.1 million for the reporting period on a revenue increase of $13.9 million to $172.8 million, up 8.8% versus the prior year.

"This is our eighth consecutive quarter of record financial results," said Eric Affeldt, president and chief executive officer. "Our golf and country club division delivered revenue growth in all three major revenue streams. We benefited from increased member activity across our network of clubs and improved golf and food & beverage revenue. Our results this quarter demonstrate strong member demand for our differentiated leisure product, newly reinvented clubs and our O.N.E. offering. We are confident that our three pronged growth strategy of organic growth, reinvention and acquisitions continues to deliver consistent growth and will continue to add long-term value to our members and shareholders."

Curt McClellan, chief financial officer, added " We delivered excellent adjusted EBITDA performance in our Golf and Country club division where increased member activity elevated performance. Same-store combined clubs dues revenue increased 3.8%. Penetration of our O.N.E. offering continues to grow and member acceptance increased to 51%. Our recently completed reinvention projects are performing as expected, significantly increasing member usage. We completed two more acquisitions this quarter and our pipeline for potential acquisitions remains strong. Reinventions and acquisitions continue to deliver superior returns on capital and we continue to believe this is the best way to deliver long-term shareholder value. We are positioned to deliver solid financial results in 2016 consistent with our outlook for the year."

In 2016, ClubCorp acquired two clubs: Marsh Creek Country Club in St. Augustine, Florida and Santa Rosa Country Club in Santa Rosa, California. As of March 22, 2016, ClubCorp owns or operates 159 golf and country clubs representing approximately 200 18-hole equivalents, of which nine are managed clubs. Additionally, it owns or operates 48 business, sports and alumni clubs, of which three are managed clubs. Total memberships increased 4,380 to 173,130, up 2.6%. Total golf and country club memberships increased 4.4%, while total business, sports and alumni club memberships declined 1.0%.

SWEETENER: COBRA Golf has partnered with Arccos Golf. Golfers will receive a complimentary Arccos Driver performance tracking and live competition system ($79.99 value) with purchase of any COBRA Golf KING Driver online and at participating retailers in the United States, Canada and United Kingdom. The promotion kicks off on May 2, 2016 and will run through June 30, 2016.

ignitedriveDRIVE FORE SHOW! PUMA Golf has introduced IGNITE Drive. It is designed, according to the company, to mimic a classic PUMA Golf silhouette but with a cool, sporty twist. The IGNITE Drive combines premium materials, PUMA said, with hand-crafted details, reflective accents and a new performance last all at a value price point. A sleeker, more refined performance last is combined with the new IGNITE Foam to provide comfort, a better fit and a stylish toe-down look. PUMA's IGNITE Foam is a responsive cushioning foam designed to maximize comfort while providing the combination of support and stability for performance, the company said. The IGNITE Drive (MSRP $120) will be available at retail starting June 1st in four colorways – White/Vibrant Orange/Drizzle; White/Periscope/Beetroot Purple; White/Black Drizzle and Black/White.

WEB GEMS:

THAT DIDN’T GO TO PLAN: Greg Norman’s plans to help coach the Chinese Olympic golf team for the Rio Olympics appear to have been dashed, with the two-time major champion saying he is no longer involved with the team. "I can only assume [this] is due to the current sentiment for golf within the country," Norman said in a statement. READ MORE>>>

FAST START: Brian Stuard shot an 8-under 64 on Thursday to top the leaderboard in the suspended first round of the Zurich Classic. Top-ranked Jason Day bogeyed his final two holes after the delay for 69. READ MORE>>>

ANSWERS: “The only two things that I think about in life is my family and golf, and that's all I want to think about.”--Jason Day.

There has not been a repeat winner in New Orleans since Carlos Franco did it in 1999 and 2000.

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 84                                                         
Thursday, April 28, 2016

ANY IDEA WHO SAID THIS? “I certainly don't believe in giving everybody everything. I'm not on the liberal side of the ledger, but I'm on the compassionate side of the ledger. I love what America's been, I love what it stands for. People earn their way and you don't have somebody who works their tail off and somebody who does nothing and gets a handout be in the same place. I think that's competition. We would never have won a golf tournament if everybody had the same thing. We all shoot the same score, we come in and they give us a participation trophy? I'm not on that side.”

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BRAIN TEASER: Only one player has earned more than $2 million in his career from the Zurich Classic of New Orleans. Can you name him? HINT: He’s a past winner and in this year’s field.

HOW’S BIZ? Golf is a seasonal business. Always has been, always will be. If you don’t get off to the start you envisioned it’s virtually impossible to make it up in the back half of the year. There is a narrow window of opportunity available for consumers to buy new clubs and its determined somewhat on the fickleness of Mother Nature. Last year, Callaway Golf started on its heels, due partly to the strong numbers it had reported the previous year. Sales in all categories were down as well as geographies. Metal wood sales were lower by $39 million in just the first quarter of 2015 alone. While many forget what last year delivered (good or bad) it becomes the immediate standard to be compared against in an effort to determine if the company is growing or contracting. Is 2015 looking better or more of the same for Callaway?

While its clubs were in the bag of Masters champion Danny Willett, Callaway saw first quarter sales of $274 million, as compared to $284 million in the first quarter of 2015. According to the company, the sales decline was reflective of a strategic change in product launch timing, including the extension of product life cycles. A year ago a shift in launch timing was part of the reason it reported a 19% decline in first quarter sales. Nevertheless, Callaway reported net income of $38.4 million in the first quarter of 2016 versus $35.8 million in the same period of 2015.

Looking at the company’s sales by product category, metal woods were $80 million down $3.4 million from the first quarter of 2015. Iron sales came in at $59.3 million, down $2.3 million from 2015. Putter sales were $29.8 million, off $1.2 million, while golf balls were $41.4 million, down $1.6 million. Gear and accessories came in at $57.6 million, down $1.6 million over 2015. The sum total is all categories reported lower sales versus 2015, which was the same story last year.

Looking at sales by region shows U.S. revenues were $160 million, down $8.6 million from a year ago. Over the first quarter of 2016 and 2015, Callaway’s U.S. sales are down in excess of $24 million. European sales in the first quarter of 2015 were $37.9 million, down $3.9 million from a year ago. Japanese sales were $39.3 million, up $2 million from 2015. The rest of Asia delivered $15.8 million in sales, down $665,000.

Callaway advised the investment community that it anticipates second quarter sales in the region of $238 - $245 million. It reported $231 million in the second quarter of 2015. It will see a stronger bottom line in the period due to selling a portion of its shares in Topgolf. It reported an $18 million pre-tax gain on the sale of approximately 10% of the company's investment in the business and still holds an approximate 15% ownership in it.

"The first quarter of 2016 was a strong start to the year for Callaway Golf and we are encouraged by how our business is trending," stated Chip Brewer, President and Chief Executive Officer of Callaway Golf in his prepared statements. "We are seeing sustained improvements in market dynamics, including less promotional activity and higher average selling prices. We are also steadily improving our profitability via operational improvements and our brand momentum by maintaining our leadership position in the club category while building share in our golf ball business, which presents an excellent growth opportunity.

"Moving forward, in addition to focusing on our core business, we intend to use our increased profitability and strengthened financial condition to dedicate additional resources to business development opportunities both within our core business and in tangential areas. Such opportunities include our previously announced agreement in principle to form a joint venture with our long term licensee, TSI Groove & Sports Co., Ltd., for the manufacture and distribution of Callaway branded apparel, footwear and headwear in Japan. We are excited about this second leg of our growth strategy and believe it opens up a new and exciting path for increasing long-term shareholder value."

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WORKING TOGETHER: The United States Golf Association (USGA) and the American Society of Golf Course Architects (ASGCA) Foundation have jointly selected six publicly accessible golf facilities to receive pro-bono consulting visits this year from USGA agronomists and ASGCA-member architects. The partnership, which was launched back in December, represents the collective expertise of each organization to provide solutions and foster greater golfer enjoyment at each property.

Through the USGA-ASGCA Site Evaluation Program, the agronomists and architects will make recommendations to address the facilities' needs, improve the playing quality of their courses, enhance the golf experience for their customers and strengthen their connections to their local communities.

The facilities selected are:
· Carolina Springs Golf Club (Fountain Inn, S.C.)
· Connecticut National Golf Club (Putnam, Conn.)

· Carey Park Golf Course (Hutchinson, Kan.)
· EdgeBrook Golf Course (Brookings, S.D.)

· Point University Golf Club (Lanett, Ala.)

· Simsbury Farms Golf Course (West Simsbury, Conn.)

"Our mission is to create community through people, parks, programs and golf," said Dan Brettschneider, parks, recreation & forestry director for Brookings, S.D., which owns and operates EdgeBrook, the city's only public golf facility and one of the six courses selected. "As a municipal course, this sort of assistance is a kind of luxury for us, and the report will be an important part of an advocacy program to communicate with the residents and city leaders. We need a road map to make our course better and attract more players, and the USGA and ASGCA add so much credibility and expertise with their recommendations."

Some of the priorities for these facilities include improving the turf quality of greens, determining the best locations for forward tees and creating a more welcoming experience for golfers. The recommendations will range from quick solutions that require few resources to long-term plans that will require more time, money and support to implement. The six courses join Canal Shores Golf Course, in Evanston, Ill., the first course selected for the program at its launch last year.

"An important mission for the USGA is to strengthen the future of golf by providing solutions for golf facilities, and we are excited to provide direct assistance to these courses," said Mike Davis, executive director/CEO of the USGA. "Additionally, the lessons learned from this unique collaboration with the ASGCA have the potential to impact many more facilities around the world." Nearly 30 facilities have applied since the launch of the USGA-ASGCA Site Evaluation Program in early December. "We were pleased by the number of strong candidates that were interested in this new program," said John LaFoy, president of the ASGCA Foundation. "Our members are proud to share their expertise with these six facilities and we hope that our joint efforts with USGA agronomists will have a real and lasting impact."

GET THEM WHEN THEY'RE YOUNG! Junior Golf University (JGU) has added Bushnell Golf as a new sponsor of its flagship program, PING Junior Interclub (PJI). Bushnell will supply its new Tour V4 rangefinders as prizes at select tournaments, for prize drawings, and more. In return, Bushnell will be the presenting sponsor of the Arizona and Oklahoma state championships, have exposure on the JGU website, and market its products at PJI events.

"I am thrilled to add another world-class brand to our stable of sponsors," said John Souza, Executive Director of the Junior Golf University. "Bushnell produces the best rangefinders in golf and I am looking forward to them being a part of the Junior Golf University family."

National Sales Representative Ryne Fisher said Bushnell Golf is excited to be part of PJI's efforts to grow the game at the junior level. "Sparking an interest in golf at an early age is of keen interest to us, and PING Junior Interclub is a highly regarded and well-run organization that instills what we hope becomes a lifelong passion for the sport," Fisher said. "PJI provides a unique opportunity for young people to experience team golf, and we're proud to be on board."

Bushnell joins bluemedia, PING, Under Armour, Aldila, ECCO, FlexFit, Golfweek, and CMC Golf as a sponsor.

WEB GEMS:

LIFE BEGINS AT 50! John Daly turns 50 on April 28 and will make his debut on the over-50 circuit at next week’s Insperity Invitational in Texas. “Two years ago, when I took this job, I was stunned at how many players were excited about John coming out,” said Greg McLaughlin, the PGA Tour Champions president. “They feel John will be good for the tour, and what’s good for the tour is good for all involved.” Every player views the Champions circuit as a golden parachute, but for Daly 2.0 it’s the ultimate mulligan. “I’ll never grow up,” Daly concedes when asked the difference between 25-year-old JD and the 50-year-old version. “I’m probably going to end up throwing clubs on the Champions Tour, I’m still gonna be me. There’s no telling what sort of things I can do, but all I know is I’m enjoying life right now and my kids are healthy and things are pretty good.” READ MORE>>>

GOLF’S OBSESSION: He's only just started hitting balls with any regularity. The back isn't 100 percent yet. His strength isn't back to normal. It was (according to Tiger) the first five real holes he played since his third back surgery. "It's way better than I thought I'd see," says 50 Best Teacher Brian Manzella. "The main overall theme looks like he's going with less side bend coming through the ball -- more of, say, a Ben Hogan level-shoulder finish." Georgia teacher Brandon Stooksbury's analysis mirrored Manzella's: "Much, much less side bend through impact, and much more rounded, flatter finish position," says Stooksbury, who is based at the Idle Hour Club in Macon. "It looks less violent than before -- and from a biomechanical standpoint, it should put a great deal less pressure on his back." READ MORE>>>

ANSWERS: “I certainly don't believe in giving everybody everything. I'm not on the liberal side of the ledger, but I'm on the compassionate side of the ledger. I love what America's been, I love what it stands for. People earn their way and you don't have somebody who works their tail off and somebody who does nothing and gets a handout be in the same place. I think that's competition. We would never have won a golf tournament if everybody had the same thing. We all shoot the same score, we come in and they give us a participation trophy? I'm not on that side.”--Jack Nicklaus.

Last year’s winner, Justin Rose has made $2,006,170 in career earnings at the Zurich Classic of New Orleans. While 24 players have amassed more than $1 million each at this event, Rose is the only player with more than $2 million.

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 83                                                         
Wednesday, April 27, 2016

ANY IDEA WHO SAID THIS? “Isn't it wonderful when you've got a lot of money and you can give people pleasure? So many people in the world have a lot of money and they never have other people that enjoy it, and then they die and they haven't spent it. The last check I write, I want it to bounce.”

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BRAIN TEASER: In search of his first career PGA TOUR win in his 222nd start; 54-hole leader Ricky Barnes struggled in the final round of the Valero Texas Open, posting a 2-over 74 and finishing tied for fourth. Can you name the (active) player who has made the most starts on TOUR without recording a win?

USGA GOES INTERACTIVE: The United States Golf Association (USGA) will kick off its 116th U.S. Open Championship with a series of golf-oriented community activities ahead of the championship, which will be contested June 16-19 at Oakmont Country Club outside Pittsburgh. Highlighting the role of the 18th green in U.S. Open Championship history, the USGA has designed the “Epic Putt Challenge,” which offers guests the opportunity to relive epic moments from previous U.S. Opens. A 55-foot artificial-turf putting green allows fans an opportunity to recreate many of the greatest 18th-green putts in U.S. Open history at selected Dicks Sporting Goods stores in the Pittsburgh area starting May 14th and going through to June 11th. Participants can relive dramatic moments by Payne Stewart (1999), Tiger Woods (2008) and Hale Irwin (1990) prior to taking on a 50-foot putt, similar to one, which may determine the winner at this year’s U.S. Open Championship.

The history of golf in America comes to life in a new, interactive display that will take place May 2nd through June 19th. It features a custom-built hitting bay and golf simulator, the exhibit allows guests to “live” American history by hitting drives with period-based golf equipment from the 1920s, 1960s and modern day, then compares individual performance against the driving performance of the U.S. Open champions from Oakmont of each era. Co-created with 1220 Exhibits, SkyTrak and Topgolf Media, the interactive exhibit also provides guests with fun facts about American history and Pittsburgh history and the role that golf has played in the evolution and development of each.

As part of the USGA’s ongoing commitment to science, technology, engineering and math (STEM) education, and sharing these principles through the lens of golf, the USGA will debut its “Learning Science Through Golf” exhibit May 2nd through June 19th at the Heinz History Center in Pittsburgh. Multiple interactive stations demonstrate various elements of the game of golf, including equipment, aerodynamics and turfgrass, to help make the game more interesting to learn and play. With an orientation toward school-aged kids, the Learning Science Through Golf exhibit will be highlighted by the following interactive stations: 
·    Science: Agronomy – How different types of turf retain water
·    Technology: Aerodynamics – What determines a golf ball’s flight
·    Engineering: Friction and Spin – How motion affects the distance a golf ball travels
·    Math: Volume and Displacement – How a golf club’s volume is determined

Last but not least, starting immediately, the U.S. Open Trophy will be taken from the USGA’s headquarters in Far Hills, N.J., on a “whistle-stop” tour en route to its final destination of Oakmont Country Club. The trophy’s tour will include stops at the Pittsburgh Marathon, Fox and Friends on FOX News Channel in New York City, Major League Baseball stadiums, and several public-access golf facilities in the Pittsburgh region. Along with seeing the trophy in person, fans will also have the opportunity to track the trophy’s progress at usopen.com/trophytour, and actively engage in its journey.

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HAPPY CAMPERS! In an effort to become somewhat more fan friendly, especially for the next generation, golf fans attending The 145TH Open at Royal Troon this summer will be able to book free accommodation at The Open Camping Village. The initiative is part of The R&A’s commitment to ensuring the Championship is open to all. Spectators aged 25 and under will be able to take advantage of the new accommodation option free of charge.

The Open Camping Village, which will be run by The R&A’s official accommodation partner, will be located a short walk from Royal Troon at Marr Rugby Club. It will feature two, four and six person pre-pitched tents along with inflatable camping beds for each guest. There will be 500 camping places available each night with the facility set to be open from July 10-17.  There will be food and drink options and shower facilities on-site, as well as free parking. Security will be operating 24 hours a day.

Johnnie Cole-Hamilton, Executive Director – Championships at The R&A said, “There will be an exciting festival atmosphere at Troon throughout the week of The Open as thousands of people come together for a true celebration of golf. The new Camping Village will provide a fun and safe accommodation option for young people within easy walking distance of Royal Troon. The Open is a wonderful opportunity for young fans to get up close to their favorite players and we know this will help inspire future generations to pick up a club and take part themselves. Our aim is to make The Open as accessible as possible and the new Camping Village along with discounted Youth Tickets and the Kids Go Free program are key parts of this commitment.”

Families can also take advantage of the free accommodation at The Open Camping Village, with children under the age of 16 required to be accompanied by at least one adult of any age, to a maximum of two adults.

This year sees The Open celebrate the 20th anniversary of the Kids Go Free initiative, which allows children under the age of 16 free admissions to the Championship when accompanied by an adult. More than 300,000 children have experienced The Open for free since the program was first introduced at Royal Troon in 1997, according to the R&A. Spectators can register their interest now at www.TheOpen.com/camping with bookings to be taken from early May.

ON THE TEE! The R&A has appointed two new starters for The Open, David Lancaster and Matt Corker, who will announce the players on the first tee at The 145TH Open at Royal Troon. Lancaster will become The Open’s official starter, while Corker will provide support during the several hours that Lancaster sends players off on each of the Championship days. They will replace Ivor Robson, who retired at The 144TH Open last year at St Andrews after serving as official starter for more than 40 years.

“It is an honor and a privilege to be given the opportunity to become the official starter,” said Lancaster. “The Open is one of the most prestigious events in world sport and I have long been inspired by its heritage and the tremendous performances of the golfing greats over the years. Matt and I are very much looking forward to playing a part in history by introducing the players on the first tee.”

Born in 1957 in Lancashire, Lancaster served in the Royal Navy, rising to the rank of Lieutenant Commander. He left in 1989 to establish his own company, which specializes in coaching individuals and corporations in the art of giving high impact presentations. A golfer for more than 30 years, Lancaster is a member at Cumberwell Park Golf Club near Bath. Corker was born in 1953 in Hampshire. In 1974 he was selected to join the Royal Hong Kong police and went on to become Superintendent during a 22-year career. Returning to the UK in 1997, he joined Lancaster’s company as an associate.

Johnnie Cole-Hamilton, Executive Director – Championships at The R&A, said, “David and Matt have a wealth of experience in presenting to audiences of all sizes and we are delighted that they will be announcing the players on the first tee, beginning this year at Royal Troon. We were looking for starters who would be comfortable performing in front of both the thousands of spectators on site and the millions around the world watching at home. David and Matt were recommended to us for their expertise in this field and when we met it became clear that they would be an excellent fit for this role.”

WEB GEMS:

R.I.P.: Manuel de la Torre became the head golf professional at Milwaukee Country Club in 1951 and never left, but his reputation as a teacher of the golf swing spread far and wide. De la Torre, who mentored and taught countless golfers — everyone from high-handicappers to 1973 Masters champion Tommy Aaron and World Golf Hall of Fame member Carol Mann — died Sunday night with his daughter, Lynn de la Torre, at his side. He was 94. READ MORE>>>

BETTER TO GIVE THAN RECEIVE: Lee Westwood has shown off his generous side after donating more than 100 items to a British Heart Foundation charity shop in Edinburgh.  The Englishman, who recently finished tied second at the Masters, alongside Spieth and Paul Casey, visited the shop himself to drop off the valuable items. The staff at the shop admitted at first they had no idea who he was but were thankful for his donation - which has helped raise £1,650 in just two days. READ MORE>>>

HIGH WIRE ACT: Spectators at this year's Open Championship will get a unique view of one of the most famous holes in golf, tournament officials have announced. A wire camera will run the length of the par-three eighth hole at Royal Troon, known as the Postage Stamp, with cameras also placed in all five greenside bunkers on the 123-yard par three. Rhodri Price, the R&A's director of championship operations: said: "I have been desperate to put a wire camera on the course for years, but due to the playing conditions of golf in terms of ball flight, particularly from the likes of Bubba Watson, it is very difficult normally to place a wire camera on the course without it getting in the way of play.” READ MORE>>>

ANSWERS: “Isn't it wonderful when you've got a lot of money and you can give people pleasure? So many people in the world have a lot of money and they never have other people that enjoy it, and then they die and they haven't spent it. The last check I write, I want it to bounce.”--Gary Player.

Among active players on the PGA TOUR, Australian Greg Chalmers has made the most starts on TOUR without a win (384).

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 82                                                         
Tuesday, April 26, 2016

ANY IDEA WHO SAID THIS? “I wear these hats in honor of Payne Stewart and Ben Hogan and the first guys in the game of golf. It's not to be a trendsetter, just to say hey, thank you to Bobby Jones and Old Tom Morris what they've done for the game of golf. I think we owe them that.”

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BRAIN TEASER: How many under par is Charley Hoffman since the Valero Texas Open has moved to TPC San Antonio? HINT: The answer was in yesterday’s Daily Pulse!

A TEST OF STRENGTH: The next major championship in golf is the playing of the 116th U.S. Open. It is being held at Oakmont Country Club. “It's often said that the city of Pittsburgh is a tough sports town. After all, you don't win six Super Bowls by being weak,” said USGA Executive Director and CEO, Mike Davis. “For more than a century, the USGA has wanted the us U.S. Open to be a tough test, a rigorous test. The most complete test in golf.”

The last time the national championship was held at Oakmont was in 2007. This year’s version will be a testimony of back to the future. “What's interesting is, a lot of sameness. And I say that because from 2007 we are playing it the same yardage. Every hole is exactly the same yardage as 2007,” reported Davis. “The same fairway widths and contours as we played in 2007. In fact, these are the same fairway widths and contours the members here at Oakmont have been playing for years and years. They're the same grass heights from 2007. The same green speeds as 2007. The same general hole locations as 2007. Same bunkering and the same wonderful course conditioning.”

Angel Cabrera won the 2007 U.S. Open with a score of +5. “If you look back to 2007, we got some rain Wednesday night beforehand, which made Thursday a little soft. But then Friday, Saturday, and Sunday we had a dry Oakmont and it was also, for a couple of those days, a breezy Oakmont. So Oakmont played very tough in 2007,” recalled Davis. “But the bottom line here, I think we believe that in 2007 and for that matter every time we have had a championship at Oakmont, it's performed beautifully.”

“It's hard, really hard,” stated Tiger Woods after he finished T2 at the 2007 U.S. Open. “Considering that they softened the golf course up for us and we still shot 5-over par as a winning score, that shows you how difficult this golf course really is. USGA did not set up the pins brutally. They gave us a chance to play here, and we still shot 5-over. So that shows you how difficult this golf course is.” 

Davis pointed out the USGA’s mantra when it comes to the national championship. “In summary, the USGA wants the U.S. Open to be a tough, rigorous test. We want it to be the ultimate test in golf. We believe this national treasure here at Oakmont really will identify that week's greatest golfer. To be successful at Oakmont, you have to execute in terms of shot making, you've got to think strategically and manage yourself around this course, and you've got to be able to handle your nerves. The player who does those three things the best is going to make history and ultimately be crowned the 116th United States Open champion.”

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FOX BRINGS IN MORE TALENT TO BOLSTER ITS COVERAGE: FOX Sports has added Curtis Strange as an on-course reporter and analyst. Five-time Ryder Cup competitor and veteran golf commentator Ken Brown also joins FOX Sports’ U.S. Open coverage this year. Also new to the coverage is Golf World editor-in-chief Jaime Diaz. When the U.S. Open returns to Oakmont this year for a record ninth time, special contributor Bob Ford also joins the broadcast, providing insights and analysis of the course throughout the championship. Ford joined the club’s staff in 1975 and became its head professional just four years later, a post he held until 2013 when he was elevated to director of golf.

Play-by-play announcers Joe Buck and Shane O’Donoghue, analysts Mark Brooks, Jay Delsing, Brad Faxon, David Fay, Steve Flesch, Natalie Gulbis, Gil Hanse, Juli Inkster, Buddy Marucci and Scott McCarron, studio host Holly Sonders and interviewer Shane Bacon return to FOX Sports’ USGA broadcast team in 2016. Azinger makes his FOX Sports debut on May 24 at the Men’s Amateur Four-Ball.

WEB GEMS:

MORE CLUES: Tiger Woods has not provided a date and time for his return to championship golf, but he has done what is required to play in the U.S. Open here in June: register. READ MORE>>>

WOODS SAYS HE’S PROGRESSING: "I'm definitely a little tired but I feel pretty good," Woods said in an interview afterward. "I haven't been out here playing like this. I hadn't played any holes until today. I know people have said I've played holes back at Medalist, but I haven't. This is actually the first time I've played holes since Wyndham. It's been awhile.” READ MORE>>>

C’EST LA VIE: Rory McIlroy will play at this year's French Open rather than the WGC-Bridgestone Invitational, saying it will serve as better preparation for the British Open at Troon. READ MORE>>>

ANOTHER ONE PASSES: Charl Schwartzel of South Africa has told golf officials he will skip the Olympics. READ MORE>>>

ANSWERS: “I wear these hats in honor of Payne Stewart and Ben Hogan and the first guys in the game of golf. It's not to be a trendsetter, just to say hey, thank you to Bobby Jones and Old Tom Morris what they've done for the game of golf. I think we owe them that.”--Bryson DeChambeau.

Charley Hoffman is now 43-under-par 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 6, NUMBER 81                                                         
Monday, April 25, 2016

ANY IDEA WHO SAID THIS? “I don't think he felt it was the best thing that happened to him, but in many ways I'm not sure that it isn't a good thing for him. What I mean by that is that he's 22 years old. To win a Masters twice at 22 years old, that puts him right at the top of everything. He's got a long future in front of him. He's a very talented young man, he's a nice young man, he's very focused. Winning it twice might take away some of that focus. I know my heart went out to him. I think that there will be some good that comes out of all bad. I know he would have liked to have won obviously and a lot of people would have liked to have seen him win, I don't think in the long run that it'll ever hurt him; it will only make his resolve stronger.”

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BRAIN TEASER: How many times has Charley Hoffman won on the PGA TOUR, including the 2016 Valero Texas Open, over his career?

THROWING DOWN THE GAUNTLET: The man who helped highlight the issues of doping and corruption in Russian athletics, Dick Pound, has pointed an accusing finger at golf, and claimed that drugs cheats are rife in all sports. “We have all seen the shape changes in golfers and the distances they are hitting now and we know that the equipment is better and the balls are better but it isn’t just that,” said Pound, who recalled a conversation with the commissioner of the PGA Tour, Tim Finchem, stating that the sport which “has a great reputation for calling faults on yourself” could set an example to others by outing the cheats. But, the reply he received was disappointing. “He said: ‘Ah, but if I do that then they are all going to think my guys are just like those baseball players and football players and I don’t want that’. But if you follow some of the shape changes in the golfers and follow how, at a certain point, if they happen to come off them, you see how many more injuries they get. There’s a problem there.” READ MORE>>>

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hoffmanWINNER’S CLUBS: Charley Hoffman began the final round two strokes back, but birdied his 72nd hole Sunday to hold off Patrick Reed and claim a one-stroke victory. Hoffman was making his 11th -consecutive start at the Valero Texas Open, where he has now claimed five top- 10 finishes. He has never missed a cut in the event and has finished outside the top 15 only once (T70/2008). Hoffman is now 43-under-par since the tournament moved to TPC San Antonio in 2010. But for Hoffman, who has been playing well lately, his victory was a long time coming.

“So close for the last month and a half feeling I could have knocked off a couple wins,” he said. “I'm 39 years old. You never know how many more chances you're going to have to win on the PGA TOUR. To forfeit those last few weeks has been tough and hard. I knew I've been playing well and dug deep. It's a great feeling to be able to close the door. Obviously this game isn't easy on your nerves or your mentality. You look back in the early 2000s and why Tiger was so good was because of that. Whenever he had the lead he won. You look on the PGA TOUR, the guys that lead on Saturday and Sunday rarely really win. I wouldn't say it's easier to come from behind. Grabbing that lead and holding on to it, it's tough to keep the pedal down and give yourself birdie opportunities and win golf tournaments. It's nice to be able to put Kapalua back on the calendar.” Here is what Charley Hoffman had in the bag to win the 2016 Valero Texas Open:

Driver: Titleist 915D4 (9.5*) driver with a Matriz Ozik TP7HDE X shaft
Fairway Woods: Titleist 915F (13.5*) with a UST Elements Chrome 8 shaft
Hybrids: Titleist 915Hd (17.5*) with Fujikura Motore Speeder 8.8 X shaft
Irons: Titleist 716 T-MB 3-iron and 716 MB (5-9) irons with Nippon NS Pro Proto X shafts
Wedges: Vokey Design SM5 pitching (46*) and gap (50*) wedges with NS Pro Proto X, SM5 sand (56*) wedge with NS Pro WV 125 and SM5 lob (58*) wedge with True Temper Dynamic Gold S400 shaft
Putter: Scotty Cameron Golo 5 putter
Ball: Pro V1 golf ball
Shoe: FJ D.N.A. MyJoys w/Boa Closure System
Glove: FJ StaSof

Charley Hoffman’s– Numbers for the week:
Eagles: 1
Birdies: 18
Pars: 45
Bogeys: 8
Double Bogeys: 0
Cumulative Score: 276

WEB GEMS:

NO LONGER IF BY WHEN? Tiger Woods hit golf balls in public for the first time in months at a junior clinic on Thursday night, and Golf Channel reported Friday that he is considering making his return to competitive golf at the Wells Fargo Championship and Players Championship in the coming weeks. But Woods' agent, Mark Steinberg, said nothing has been decided. "Chatter is just that," Steinberg said in a text message. "Literally nothing new to report. That is truth." READ MORE>>>

BACK OFF! Jack Newton has urged critics to lay off Adam Scott as sporting greats question the Australian golf ace’s decision to skip the Rio Olympics. Newton noted that when he was Australasian PGA Tour chairman a vote among the players on whether golf should return to the Olympics went convincingly against it – “as most of the world was saying at the time”. “That was a while ago but I can’t see how things could have changed that much. I think the Americans are pushing the buttons on this one,” said Newton. He personally doesn’t believe golf should be in the Olympics. “It’s never going to be a major,” he said. “We’ve already got four majors.” READ MORE>>>

LIFE BEGINS AT 50! Woody Austin and Michael Allen won the PGA Tour Champions' Bass Pro Shops Legends of Golf at Big Cedar Lodge on Sunday, giving Austin two straight victories and three in the last four events on the 50-and-over tour. READ MORE>>>

ANSWERS: “I don't think he felt it was the best thing that happened to him, but in many ways I'm not sure that it isn't a good thing for him. What I mean by that is that he's 22 years old. To win a Masters twice at 22 years old, that puts him right at the top of everything. He's got a long future in front of him. He's a very talented young man, he's a nice young man, he's very focused. Winning it twice might take away some of that focus. I know my heart went out to him. I think that there will be some good that comes out of all bad. I know he would have liked to have won obviously and a lot of people would have liked to have seen him win, I don't think in the long run that it'll ever hurt him; it will only make his resolve stronger.”--Jack Nicklaus on Jordan Spieth.

Charley Hoffman won his fourth tournament on the PGA TOUR, in his 293rd TOUR start. Hoffman previously won the 2007 CareerBuilder Challenge, 2010 Deutsche Bank Championship and 2014 OHL Classic at Mayakoba. He has come from behind now en route to all four victories.

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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