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Home Daily Golf Briefs Daily Pulse for August 6, 2018

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Web Street Golf Daily Pulse
VOLUME 8, NUMBER 152                                                       
Monday, August 6, 2018

ANY IDEA WHO SAID THIS? “It's like me dad's favorite event pretty much. He came last year because he always wanted to have a picture in front of the Firestone golf ball, so I've always watched this one.”

BRAIN TEASER: How many career wins does 25-year old Justin Thomas have on the PGA TOUR?

RAGES TO RICHES: Callaway gave an update on the progress it’s made with its acquisition of TravisMathew. “For the second quarter TravisMathew was about $26 million in sales,” said Brian Lynch, Callaway’s Senior Vice President, General Counsel, Corporate Secretary and CFO. “For the full year it's probably closer to $80 million as compared to the $20 million results from last year,” he said. “The brand is very strong on the West Coast. It is gaining strength on the East Coast at green grass. I wouldn't say that we're trying to expand to different channels per se, but we are growing within the channels that we find strategic,” added CEO, Chip Brewer.

COME AND GET ‘EM! Project X Catalyst iron shafts are available to the public through True Temper Performance Fitting Centers starting today. Catalyst is a graphite iron shaft constructed with Iso-6, Project X’s new material technology engineered to replicate steel alloy properties over 100% better than traditional graphite laminates, according to the company.

“In an iron shaft, the key to consistency is material symmetry,” explained Don Brown, senior director of golf innovation and product strategy at True Temper Sports. “Typical graphite iron shafts have only 35% of the material symmetry of steel. With Iso-6, we’ve been able to achieve a graphite material with 75% of the symmetry of steel.”

The tip-section of Catalyst delivers torsional resistance comparable to that of steel, according to True Temper, improving stability during turf interaction for better impact on less than perfect shots. “As the undisputed leaders in iron shaft design, we know better than anyone what it takes to design an iron shaft that performs for everyone—from Tour players to amateurs. With Catalyst, we have finally been able to bring our world-renowned steel shaft performance to a graphite iron shaft,” said Brown.

Project X Catalyst is offered in weights ranging from 40 to 80 grams and in flexes ranging from L through X. Catalyst is first releasing as a parallel tip shaft with taper tip models coming later in the year. MSRP is set at $75. Click here to find a True Temper Performance Fitting Center near you.

ANOTHER TRY: The PGA of America and China-based PacificPine Sports Group are partnering to develop a youth golf development centers in China. The partnership will offer grassroots instruction programs at “PGA of America Youth Development Centers” across China to introduce and grow the game of golf for boys and girls. 

PGA Professionals will oversee the development and implementation of the business. In addition, PGA Professionals will also lead instruction programs at the PGA of America Youth Development Centers. PacificPine Sports Chairman, Raymond Roessel, PGA, announced that Patrick Quernemoen, PGA—who has been based in China for more 10 years and is fluent in Mandarin—has joined the group as its Chief Operating Officer. Quernemoen will lead the day-to-day operations of the business, demonstrating the group's commitment to hiring PGA Members in senior management roles.

“China represents a tremendous opportunity for the future of the game of golf,” said Arjun Chowdri, PGA of America Senior Director for Global and Corporate Strategy. “The country is poised for tremendous growth in the sport of golf over the next several years, and together, with PacificPine and the expertise of PGA Professionals, we are excited to support this development.”

Previously, the PGA of America partnered with Roessel and his i3 Sports venture to create a digital media strategy that localizes the PGA’s vast library of content and distributes it via platforms, including a dedicated microsite on Sina Sports, Weibo and Wechat platforms. “We are extremely proud to partner again with the PGA of America,” said Roessel. “As a PGA Professional for 20 years, I know first-hand that the expertise and knowledge of the game offered by PGA Professionals is unparalleled. The PGA of America Youth Development Centers will be designed to introduce a new generation of players to the game across China - one of the fastest growing emerging markets in golf.”

BUNKERED: The world-famous Wentworth golf course has fallen deeper into the red under its controversial ownership by a Chinese-Thai billionaire. Losses at the prestigious Surrey golf and country club hit £13 million last year – more than double the £5.6 million in 2016, while turnover fell from £17.7 million to £14.5 million, accounts filed last week show. READ MORE>>>

WEB GEMS:

ALLENBY ON LYLE: “We met because I was his hero. He has been mine ever since. I first crossed paths with Jarrod Lyle 20 years ago. He was 16 at the time. I was at Huntingdale for the Australian Masters from memory and I signed an autograph for him. A year later, I received a call from Dave Rogers from the Challenge cancer support network. He told me there was a boy in hospital who was really sick. ‘He loves golf, he loves you, and it would mean the world to him if you could pop over and say g’day.’ I headed over to visit him soon after. All his family were there. I thought he looked a bit familiar. ‘I remember your face,’ I said to him. ‘Bullshit you do,’ he said with that big smile of his.” READ MORE>>>

INFERIOR CLUBS? Tommy Fleetwood has a potential equipment problem on his hands in the not-so-distant future. As a former Nike Golf equipment staffer, Fleetwood chose to stick with a set of VR Pro Blade irons when the Swoosh exited the hard-goods industry in 2016. With fresh sets in limited supply, Fleetwood learned that fellow Englishman, and former Swoosh staffer, Paul Casey had a brand new set at home. Fleetwood initially thought he hit the jackpot, but there was one problem: Casey didn't have any interest in parting with them. Not even when Fleetwood offered to pay Casey for the irons. READ MORE>>>

A MAJOR FOR HER FIRST: England’s Georgia Hall was born during the 1996 Masters and she produced a Nick Faldo-like performance to win the Ricoh Women’s British Open in Lancashire on Sunday. READ MORE>>>

ANOTHER FIRST: Andrew Putnam won the Barracuda Championship on Sunday for his first PGA Tour title, holding off Chad Campbell by four points in the modified Stableford scoring event. Putnam closed with a 22-foot birdie putt from off the front of the green on the par-5 18th when a bogey would have been enough for the breakthrough victory at Montreux Golf and Country Club. “My only thought going up to that ball was: ’Knock this thing in. Just get it over with,’” Putnam said. “You never know how it’s going to come out of the fringe. And it rolled perfectly.” READ MORE>>>
 
ANSWERS: “It's like me dad's favorite event pretty much. He came last year because he always wanted to have a picture in front of the Firestone golf ball, so I've always watched this one.”--Tommy Fleetwood

25-year old Justin Thomas has 9 career victories on the PGA TOUR: : 2015 CIMB Classic, 2016 CIMB Classic, 2017 Sentry Tournament of Champions, 2017 Sony Open in Hawaii, 2017 PGA Championship, 2017 Dell Technologies Championship, 2017 THECJ CUP @ NINE BRIDGES, 2018 The Honda Classic, 2018 WGC-Bridgestone Invitational

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