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Home Daily Golf Briefs Daily Pulse for November 6, 2018

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Web Street Golf Daily Pulse
VOLUME 8, NUMBER 217                                                       
Tuesday, November 6, 2018

ANY IDEA WHO SAID THIS? “It's interesting getting asked questions about it when I know no more than anybody else. I keep getting asked the question and the second, third and fourth question keeps coming back to it when there's not much I can say. I'd like to be Ryder Cup Captain, my name's in the hat and there are other names in the hat and nobody is fully sure when they are going to announce it.”

BRAIN TEASER: These players flip flopped positions in the world rankings despite the fact the player that moved up to #13 didn’t play, while the new #14 did. Can you name who they are? HINT: They both have been #1 in the world for their careers!

ANOTHER TYPE OF BUYER: It was a surprise when Acushnet recently announced it made an acquisition within the golf ball category. It acquired an 80% interest in PG Professional Golf, which the company described it as a leading supplier of pre-owned golf balls and operates both a wholesale business and direct consumer model via lostgolfballs.com. The company explained it’s rational recently in making the deal for $14.4 million.

“The business will remain completely separate, we do anticipate operational efficiencies,” stated David Maher, Acushnet’s CEO. “One example being that PG opens up a new sales outlet for the many golf balls, which we use during our day-to-day product testing and development efforts,” he added.

Bill Burke, Acushnet’s CFO, stated, “We really first started thinking about this opportunity more than five years ago and while the pre-owned equipment market or in this case the pre-owned golf ball market it's always been a viable segment within golf and in many ways it became -- the golf ball portion became far more viable with the introduction of Pro V1 back in early 2000 because at the time premium balls were liquid center wound, and they weren't as durable, and they just didn't even hold up over time. So really the Pro V1 was a bit of a paradigm shift in the space.

“Today, given the prominence of Pro V1 and really all Titleist Golf balls within the pre-owned segment, it made sense for us to give this some serious consideration, which we did. And what we see is a compelling vertical integration opportunity. It allows us to be involved in the full lifecycle and really and profit stream of Titleist golf balls, which we think is important. PG is the leader in the space. So this is where we really started our search in earnest. We do think users of new golf balls are separate and distinct from users of pre-owned golf balls and we don't believe these changes with our entry into the space. And we do acknowledge this is a unique opportunity for Acushnet in terms of how we think about M&A, but ultimately we see this as a real good fit and we are confident in our ability to generate great returns for our shareholders. That’s sort of the broad strokes on how we think about PG Golf.”

softFACE TIME! Looking for a new putter? Cleveland Golf announced the new Huntington Beach SOFT putters. “Cleveland Golf putters have always been a great value, but the Huntington Beach SOFT Putter, featuring a speed optimized face and premium finish, takes it to a new level,” said Jeff Brunski, Vice President of Research and Development. The Huntington Beach SOFT putters features Cleveland Golf’s proprietary Speed Optimized Face Technology (SOFT). According to the company, it helps normalize ball speed across the face of the putter, meaning for consistent speed and consistent distance.

“The Huntington Beach SOFT putter’s speed optimized face is one of the most advanced technologies available to improve putting performance,” Brunski said. “You’ll make more putts – plain and simple. The fact we’re delivering it at such an aggressive price point makes this one of the best values in the market.”

The Huntington Beach SOFT putters are available for $129.99 MAP with 16 color selections and four different color fill areas, offering personalization options that should satisfy anyone’s desire. Color personalization is available on each model for an additional $10. It officially launches on Friday, Nov. 16, 2018.

WINNERS'S CLUBS: Bryson DeChambeau holed an eagle putt from 57-foot, 7-inch, according to ShotLink, on the 16th hole that carried him to a 5-under 66 in the final round and a one-shot victory over Patrick Cantlay in the Shriners Hospitals for Children Open. His winning total was 263, which was significantly better than the previous year when the wind blew at TPC Summerlin. Cantlay's aggregate score of 9-under 275 was good enough to get into a playoff with Alex Cejka and Whee Kim. In 2017, Rod Pampling won with a score of 264, one shot higher than DeChambeau"s in 2018. DeChambeau has registered four victories in his last 12 starts on the PGA TOUR.

He only made three bogeys during the entire week! He led the field in Strokes Gained: Tee To Green (+13.550) and his front vs. back-nine breakdown was front (5-under), back (16-under with 0 bogeys). DeChambeau is the first player to win three times in a five-start stretch since Dustin Johnson did it at the Genesis Open, WGC-Mexico Championship and WGC-Dell Technologies Match Play in consecutive starts. "That's not a bad way to start your, what is it fourth year now? No, third," he said afterwards. "I thought I had it in me but I didn't know I could do it. There is obviously a lot of things that have to go right for you to win on the PGA TOUR. It's very, very difficult. I learned the hard way my first year and a half on tour missing 14 cuts in a row, and I realized I had to change my game if I wanted to compete out here. Last year I saw some signs of something great and I didn't know what it meant. Didn't know where it would lead me. It certainly led me I think in the right direction so far." DeChambeau moved up one spot in the world rankings to #5 with his victory in Las Vegas.

Here is what Bryson DeChambeau used to win the 2018 Shriners Hospitals for Children Open:

Driver: Cobra King F9 Speedback (7 degrees)

Fairway Wood: Cobra King LTD Black (14.5 degrees), F8+ Baffler (17.5 degrees)

Irons: Cobra King One Length Utility (4 and 5 iron), Cobra King One Length (6-PW)

Wedges: Cobra King V Grind (50 degrees), Cobra King WideLow Grind (55, 60 degrees)

Putter: SIK tour prototype

Ball: Bridgestone Tour B X

Bryson DeChambeau’s– Numbers for the week:
Eagles: 1
Birdies: 22
Pars: 46
Bogeys: 3
Double Bogeys: 0
Cumulative Score: 263

WEB GEMS:

THE FUTURE? Amateur golfers need to be made a priority to keep the sport growing even though the professional game is a multi-million dollar industry and getting stronger, Gary Player told Reuters in a frank discourse on the future of the game. “Professional golfers have never played for such enormous money. Some of the pros win in two tournaments what I won in my entire life. The pro is not that important. It’s the average person who comes to the course, to enjoy the game and have fun. That is key.” READ MORE>>>

FAIR OR FOUL? The vagaries of the world rankings system have come under renewed scrutiny with the revelation that Justin Rose’s latest reign as world No 1 will last just seven days - despite the fact that neither he or Brooks Koepka are playing this week. READ MORE>>>

ANSWERS: “It's interesting getting asked questions about it when I know no more than anybody else. I keep getting asked the question and the second, third and fourth question keeps coming back to it when there's not much I can say. I'd like to be Ryder Cup Captain, my name's in the hat and there are other names in the hat and nobody is fully sure when they are going to announce it.”--Paddy Harrington.

Both former world #1s traded places in the current rankings as Tiger Woods moved to #13, over taking Jordan Speith, who moved to #14.

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