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Home Daily Golf Briefs Daily Pulse for March 5, 2018

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Web Street Golf Daily Pulse
VOLUME 8, NUMBER 44                                                         
Monday, March 5, 2018

ANY IDEA WHO SAID THIS? “Just a few months ago I remember watching the PGA TOUR back home after midnight because that's when it's on. It's a total dream come true. Practicing with all these good players on the range, Spieth was right behind me, and after a couple shots I just come back and watched and then Dustin replaced him, so it's like I couldn't ask for anything better.”

BRAIN TEASER: India’s Shubhankar Sharma attempted to win in his PGA TOUR debut. Can you name the last player to do it? HINT: You have to go back all the way to 1988!

THE GREAT DEBATE? The USGA has argued since 1936 that the golf ball was borderline too long! READ MORE>>>

PARTNERS: The R&A has entered into a partnership with St Andrews Links Trust to manage its retail and merchandise operations. The agreement sees the Links Trust assume responsibility for the on-site shop at The Open as well as the daily operation of the first ever Open Shop in St Andrews.

Work is now underway to prepare The Open Shop at Carnoustie in July and ready the retail store at the Home of Golf, which will open to the public in April 2018. Both will stock an exclusive range of official apparel and merchandise from The Open.

“St Andrews Links Trust has a huge amount of expertise in the golf retail business and we look forward to working with them to make this a successful venture,” said Martin Slumbers, Chief Executive at The R&A. “The new shop will add to the already strong retail offering in St Andrews and become a tangible presence for golf’s original championship in the town.”

Revenues generated by The Open enable The R&A to support the development of golf around the world. The governing body is aiming to invest £200 million in growing the sport over the next ten years.

Danny Campbell, Commercial Director of St Andrews Links Trust, said, “At St Andrews Links we are passionate about every aspect of retail, not least in our daily effort to represent the very best in brand and product storytelling in our stores and online. We look forward to harnessing our experience and expertise with The R&A to try to capture the public’s imagination and provide a retail experience that reflects one of sport’s greatest events.”

Terms of the agreement will see the Links Trust assume responsibility for the development and delivery of the product ranges as well as the daily operation of both the shop in St Andrews and the on-site shop and satellite stores during the week of The Open.

The Open Shop is due to open to the public in St Andrews next month. It will open in the premises of the Tom Morris Shop, which is operated by the Links Trust. The arrangement also sees the Links Trust will continue to operate the fulfillment requirements of The Open’s e-commerce operation, which it managed over the last year.

STILL SELLING: Callaway Golf Co (NYSE:ELY) Director Anthony S. Thornley sold 10,000 shares of Callaway Golf stock in a transaction that occurred on Monday, February 12th. Thornley, a board member since 2004 was also Interim Chief Executive Officer and President from June 29, 2011 to March 2012. The shares were sold at an average price of $15.14, for a total transaction of $151,400.00. Following the sale, he now owns 35,034 shares of the company’s stock, valued at $530,414.76. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

FINAL TALLY: Jon Rahm pledged to make a charitable donation to the Mexican Red Cross last week for earthquake victims in the country. “I'm going to donate a thousand dollars for every birdies and $3,000 for every eagle,” he said before play started. Rahm wasn’t able to make any eagles but did finish with 21 birdies, which equates to $21,000 donation. He finished T20 at the WGC Mexico Championship.

WEB GEMS:

HOME COOKING: George Coetzee won his second Tshwane Open title. The South African is a member at Pretoria Country Club and entered the final round with a two-shot lead, although he found himself two behind Finn Mikko Korhonen after two early bogeys. READ MORE>>>

THE BIG WIESY: Michelle Wie drained a monster birdie putt from off the green on the final hole to record a stunning one-shot victory at the HSBC Women’s World Championship after a thrilling final round of low scoring and late drama on Sunday. READ MORE>>>

SHUBI? Who is Shubhankar Sharma? You’re not alone. TOUR players didn’t know much about him before the WGC Mexico Championship last week. Find out more about this unknown. READ MORE>>>

ANSWERS: “Just a few months ago I remember watching the PGA TOUR back home after midnight because that's when it's on. It's a total dream come true. Practicing with all these good players on the range, Spieth was right behind me, and after a couple shots I just come back and watched and then Dustin replaced him, so it's like I couldn't ask for anything better.”--Shubhankar Sharma. Let’s be honest, how many people in North America have stayed up until midnight to watch golf?

The last player to win in his PGA TOUR debut was Jim Benepe at the 1988 Beatrice Western Open.

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