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Home Daily Golf Briefs Daily Pulse for August 29, 2018

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Web Street Golf Daily Pulse
VOLUME 8, NUMBER 169                                                       
Wednesday, August 29, 2018

ANY IDEA WHO SAID THIS? “I had to work hard to be an A student, actually. I wasn't great at reading and writing. But I certainly worked my butt off to be an A student, and I'll never forget, the first time I got a B in high school, I was mortified because I had worked so hard, and I just wasn't good enough in writing. I was always a guy that would study for three hours and barely get an A on the test and you would have another guy next to me who would study for maybe 30 minutes and ace it. That's been me my whole life. I've had to grind and work it out and figure it out on my own.”

BRAIN TEASER: This player has won the Dell Technologies Championship twice, in 2012 and 2016. Can you name him?

YOU’RE THE MAN! Golf is about perception. It’s an observation, not intended to be a judgment. While many believe its big business, it’s a niche industry when compared others. The PGA of American announced it has found its next leader.

Seth Waugh, a former Deutsche Bank Americas CEO, has been named Chief Executive Officer of the PGA of America. An Independent Director on the PGA of America Board of Directors, Waugh is completing a three-year term of service. 

“It is an honor and privilege to be invited to lead this remarkable Association into its second century,” said Waugh. “Like so many, I share a passion for the game that has given so much to me, and in the process, has somehow become a huge influence in my life. The opportunity to work with the nearly 29,000 PGA Professionals and others in the game to give back and to help our beautiful sport evolve is a true gift. I look forward to getting into the field to engage with our Members, learn more about the issues that matter most to them, and look for ways to enhance their careers and lives. I am grateful for the trust that the Officers and the Board are showing in me. It will be exciting to see all the good that we can do together as an Association and an industry.

Previously, Waugh spent 13 years at Deutsche Bank, including 10 years as CEO of the Americas. He also served as Chairman of the Deutsche Bank Americas Advisory Board, an external strategic advisory team conceived under his leadership. During this time, Waugh worked with the PGA TOUR to create the former Deutsche Bank Championship (now the Dell Technologies Championship) in Boston.

Waugh succeeds Bevacqua, who was recently named NBC Sports Group President, and will officially start at the PGA on Sept. 24. John Easterbrook Jr., PGA will continue to serve as Interim CEO until such time.

Make no mistake, Waugh is a smart man. His greatest challenge with his new role will be finding opportunities for PGA members, while attempting to grow the game from a recreational participation level.

THE ART OF A DEAL! Last year, three players won on TOUR without equipment staff deals. This season, that number is 10. It's a trend that has some believing free agency could be a viable route in the future.  Kevin Chappell was one of those 2017 free-agent winners. After 180 starts on the PGA TOUR, he broke through at the Valero Texas Open, and eventually landed a spot on the winning U.S. Presidents Cup team. "There was no financial reason to go sign an equipment deal. I can test what I want when I want, and play what I want when I want. I still play my Nike irons, but only because I haven't found anything that's better than that," Chappell said.

Koepka’s rise speaks for itself. "You can play what you want and that's the beauty of it," Koepka said. "You don't have ties to one particular company, so if something isn't working, you can look elsewhere. You just play what works for you. With the success some guys have had this season, I think maybe you'll see more guys [go the free agent route] in the future." READ MORE>>>

ALL FORE ONE! The GUI and the ILGU have published their detailed proposal for the formation of a single governing body for golf and clarified dozens of misconceptions about what it will mean. For instance, single-gender golf clubs will continue to exist if the formation of "Golf Ireland" is approved by clubs in November. However, "Golf Ireland" will work to assist clubs in putting more modern structures in place, including single-gender clubs that may wish to change. READ MORE>>>

WEB GEMS:

REACTIONS FROM AROUND THE WORLD: One Aussie outlet considers the pay-per view event between Mickelson and Woods as golf’s version of Elvis in Vegas. READ MORE>>>

The Daily Mail in the UK considers it a gimmick worthy of a gamble. READ MORE>>>

And the Scotsman considers it to be a recipe for disaster. READ MORE>>>

ANSWERS: “I had to work hard to be an A student, actually. I wasn't great at reading and writing. But I certainly worked my butt off to be an A student, and I'll never forget, the first time I got a B in high school, I was mortified because I had worked so hard, and I just wasn't good enough in writing. I was always a guy that would study for three hours and barely get an A on the test and you would have another guy next to me who would study for maybe 30 minutes and ace it. That's been me my whole life. I've had to grind and work it out and figure it out on my own.” --Bryson DeChambeau.

Rory McIlroy has won the Dell Technologies Championship twice, in 2012 and 2016. He is ranked 28th in the 2018 FedExCup.

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