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Web Street Golf Daily Pulse

VOLUME 1, NUMBER 241

Tuesday, December 14, 2010

ANY IDEA WHO SAID THIS? “It's never occurred to me that it wouldn't continue. I have no reason to believe that it wouldn't continue. I'm not looking at any other alternatives at this point.”

ON THIS DAY: In 1986, Gary Hallberg and Scott Hoch won the Chrysler Team Championship.

IT’S NOT OVER, ‘TIL IT’S OVER: The anticipated acquisition of the Acushnet Company has generated a significant buzz throughout the industry ever since it was first reported last week. The company could command a hefty price tag, at least that would be the expectation of the seller, Fortune Brands. However, there is some unfinished business that could cause the price to go to a discount; perhaps making a management led deal more likely to garner the highest price. READ MORE>>>

FOLLOW THE MONEY: It is safe to say, the European Tour isn’t in any rush to see 2010 end. It was its most successful campaign, perhaps ever. However, few realize that the EURO 205 million prize money offered at the PGA Tour’s 46 official events in 2010 dwarfed the EURO 125 million available in the 48 tournaments on Europe’s worldwide schedule. And it should be pointed out that eight of the top nine money tournaments on the European roster in 2010 were co-sanctioned by the US Tour — namely the four majors and four World Golf Championships, which offered a total of EURO 47 million in prize money. READ MORE>>>

IRISH EYES ARE SMILING: The Irish Open will return to Killarney next season with the backing of Failte Ireland, it has been confirmed. The purse for the tournament on July 28-31, however, won’t be announced until a later date. READ MORE>>>

WHAT WAS THE BIG DEAL? The GolfChannel.com asked dozens of players if the new rule regarding grooves in irons altered the way they played a single hole this season? “Nope . . . not that I can think of. Not even once,” Aaron Baddeley finally admitted after a long pause. “We made more about it at the start of the year than it turned out to be,” Ernie Els said. “The ball is still stopping.” READ MORE>>>

WILL IT BE TIGER’S TURN NEXT YEAR? Stuart Appleby has been voted the PGA Tour comeback player of the year after going from his worst season to a magical win. He won over Rocco Mediate and Arjun Atwal in a players vote. The Australian used a one-time exemption for career money to keep his card. He won The Greenbrier Classic, thanks to a closing score of 59, which he needed every shot in making him one of only two players to hit golf's magical number in the last round. His victory followed a year in which he finished outside the top 125 on the money list for the first and only time, to date, since his rookie season.

WEB GEMS:

BE CAREFUL WHAT YOU WISH FOR: Ben Crane, the reigning champion of the Farmers Insurance Open, is like everyone else attached to the tournament in 2011. He wants to see Tiger Woods at Torrey Pines during the last week in January when he attempts to defend his title. Century Club Executive Director Tom Wilson said he has been in regular contact with Woods’ representative, Mark Steinberg, and though there hasn’t been confirmation that Woods will play here, there is a strong hope that he will do so. “Everybody is speculating. I would be really surprised if he doesn’t play here,” Wilson said. READ MORE>>>

WANNA BET? In the years between world wars, Titanic Thompson — a made-up name for a self-made man who won and lost millions of dollars playing cards, dice, pool, golf, horseshoes, and anything else he could think of to bet on motored from town to town in a two-ton Pierce-Arrow, living by his wits and reflexes. He carried his tools in the trunk: left- and right-handed golf clubs, a bowling ball, horseshoes, a shotgun, and a suitcase full of cash. He conned Al Capone out of $500. And he double-crossed Arnold Rothstein, the crime boss who fixed the 1919 World Series.

He hustled country-club golfers for $20,000 a hole while elite pros like Ben Hogan and Byron Nelson were earning $10,000 a year. He once drove a ball more than 500 yards. "The best shotmaker I ever saw," Hogan said. "Right- or left-handed, you can't beat him." READ MORE>>>

LAST BUT NOT LEAST: If you like what you have seen with the Daily Pulse, help spread the word. Pass along your copy. Its free and all anyone needs to do is send an email to This e-mail address is being protected from spambots. You need JavaScript enabled to view it asking to be put on the distribution list. It is a complete opt in or out system.

BEFORE WE GO: If you feel like you may have missed something from a back issue feel free to check out the archive section of the Daily Pulse, which includes an easy to use word search!

ANSWER: PGA TOUR Commissioner, Tim Finchem speaking on the continuing sponsorship of FedEx towards the yearlong points race.

THE INFORMATION CONTAINED IS BELIEVED TO BE RELIABLE, BUT IT IS NOT GUARANTEED. THE OPINION EXPRESSED IS THAT OF TERRY O 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

 

Last Updated (Tuesday, 14 December 2010 10:31)

 


Web Street Golf Daily Pulse

VOLUME 1, NUMBER 240

Monday, December 13, 2010

ANY IDEA WHO SAID THIS? “I think I am better now than I have ever been. Unfortunately, so is everybody else. That’s the big problem, is I’m getting better and everybody else is getting better. It ain’t right, but it’s the way it is.”

ON THIS DAY: In 1968, the Association of Professional Golfers reaches a settlement with the PGA of America to become a separate entity later know as the PGA TOUR.

IT ALWAYS COMES DOWN TO MONEY: It’s an easy argument to make, in hindsight now, that the U.S. golf market has matured, while other pockets of the world are still coming on line. Once upon a time the notion was floated that a course a day was needed in the United States to keep up with mounting demand. It wasn’t that long ago, believe it or not. But that was then and this is now. Case in point, Greg Norman was asked about his architect business and the answer supports the theory. “I have 43 under contract right now,” he said, “of those 43, two are in America.” When questioned about where demand for his services were he replied, “ Well, I'll have to break that down real quickly. Um, the other 40, that would be a third of them would be this the Far East,” said Norman, who’s math may be a bit off.

But the Shark isn’t afraid to share his opinion on a variety of subjects and he transitioned to the domestic market outlook for golf without any prompting. “I don't think we'll ever get back to days of building 450 golf courses a year in America. That's history. The responsibility now for anybody in the United States and the rest of the world is to build golf courses that can sustain generation after generation after generation,” he continued.

“The ongoing cost of the construction of a golf course is huge. The sustainability from environmental issues is huge. So you've got to be able to make sure those costs are kept down to a minimum, because the cost of living always escalates. So if you start in with a big price tag, that price tag never really gets reduced. It keeps getting higher and higher and higher,” Norman explained. “The unlimited budge approach is done now, unless you have a sugar daddy who wants to come in and just build a golf course for himself. When we look back at what happened in the '80s in America, a lot of the golf courses that were built, you had to have hand labor to maintain them. So then the annual dues are very, very expensive, and those annual dues keep multiplying and going up and up and up.

“What we're seeing now is the people who love to be members of three, four, five, golf clubs, or two, three, four golf clubs, they're boiling it down to one or two because the dues are just obviously holding them back. In tough economic times, people's disposable income, you know, you sit back and analyze where it goes and where it shouldn't go. So I've seen that happen. That's the one word that I use going forward, is sustainability. Sustainability.”

RELATIONSHIP BUILDING: The world’s local bank is turning towards a greater presence in golf. HSBC Private Bank has agreed a partnership with the golf division of IMG Worldwide, the sports marketing giant that represents stars including Tiger Woods, Colin Montgomerie and Sergio Garcia. The deal will allow HSBC Private Bank to pitch its wealth advisory services to the agency's star-studded roster of athletes, while offering the bank's best clients an opportunity to play in pro-am competitions with the world's elite golfers and attend the most exclusive players' events. READ MORE>>>

YOUNG AND OLD BUT ARE THEY PRICED THE SAME? Rickie Fowler didn’t win any tournaments in 2010 but it’s hard to say he was a loser either. Bushnell Outdoor Products announced a two-year sponsorship agreement with PGA Tour Rookie of the Year. "Rickie brings a unique excitement to the game of golf," said Phil Gyori, Executive Vice President of Marketing for Bushnell. "After this highly successful rookie campaign, we look forward to working with Rickie and are thrilled that he puts his trust in Bushnell's golf products."

In addition to using Bushnell's laser rangefinders during practice rounds while preparing for tournaments, Fowler will also represent Bushnell in various marketing, advertising and promotional efforts. Additionally, Fowler's caddy Joe Skovron will wear the Bushnell Golf logo on his hat and sleeve during tournament play at all Tour stops. "It makes perfect sense to me to be associated with the makers of the most accurate rangefinders, especially since I trust Bushnell to prepare me for every tournament," said Fowler. Financial details were not revealed.

The checkbook still had some unfinished business as the company signed Colin Montgomerie as an ambassador for their laser rangefinder products and also to wear their Serengeti eyewear in a two-year arrangement. Guilhem Pezet, Events and Sponsoring Manager of Bushnell Outdoor Products Europe explained, "Colin Montgomerie is one of the highest profile golfers in the world, especially after his recent success as Ryder Cup Captain, but what really excites us is his determination to climb back up the rankings and his genuine belief that our products will play a part in preparing him in the best way possible for the tournaments he plays."

TIS THE SEASON: TaylorMade has pledged $1 million to North County Solutions for Change, a nonprofit based in Vista that helps homeless families. “This is about more than getting homeless families through another day, but helping them solve the problems that got them into this situation and helping them get their lives straightened out,” said Mark King, CEO of TaylorMade. READ MORE>>>

WEB GEMS:

YOUR AS OLD AS YOU FEEL: Peter Senior has become the oldest winner of the Australian PGA championship. The 51-year-old Senior beat Australian Open champion Geoff Ogilvy at the second play-off hole this morning at the Hyatt Coolum on Queensland's Sunshine Coast. "Age is nothing," Senior said. "Tom Watson proved that when he nearly won the (British) Open and a lot of the older guys have performed well on the main Tour in the US, so we are really lucky that we play a long-life sport that we can get a lot of enjoyment out of." READ MORE>>>

DEJA VU: Defending champion Pablo Martin claimed back-to-back Alfred Dunhill Championship titles. Martin only arrived on the eve of the competition and did not even have a practice round. But he said, “I've been playing decently lately. I didn't know what to expect because I only got here late on Wednesday.” READ MORE>>>

DIRTY LITTLE SECRET? Scotland’s Elliot Saltman vigorously defended himself against what he called “disgusting” allegations labeling him a cheat. Saltman (28) and his younger brother Lloyd (25) created history at PGA Golf de Catalunya when they became the first siblings to win their cards at the same ‘school’. But while Elliot was relieved to finish just inside the top 30 and ties on the nine-under limit after a brave 70, he is incensed by the growing number of comments on the internet accusing him of cheating. READ MORE>>>

LAST BUT NOT LEAST: If you like what you have seen with the Daily Pulse, help spread the word. Pass along your copy. Its free and all anyone needs to do is send an email to This e-mail address is being protected from spambots. You need JavaScript enabled to view it asking to be put on the distribution list. It is a complete opt in or out system.

BEFORE WE GO: If you feel like you may have missed something from a back issue feel free to check out the archive section of the Daily Pulse, which includes an easy to use word search!

ANSWER: Paul Goydos, who shot 59 at the John Deere Classic this year

THE INFORMATION CONTAINED IS BELIEVED TO BE RELIABLE, BUT IT IS NOT GUARANTEED. THE OPINION EXPRESSED IS THAT OF TERRY O 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

 

Last Updated (Tuesday, 14 December 2010 10:09)

 


Web Street Golf Daily Pulse

VOLUME 1, NUMBER 239

Friday, December 10, 2010

ANY IDEA WHO SAID THIS? “Tiger did it to other people for a long period of time, and now somebody's doing it to him. What goes around comes around.”

ON THIS DAY: In 2000, the U.S. team of David Duval and Tiger Woods won the World Golf Championships-World Cup title in Argentina.

NO WORRIES: Its been said many times that competition brings out the best in people. The same is true in business as it forces products to become better as well as companies to operate more efficiently, for example. 2010 will be remembered for several things one of them being the rise of European golf, as Lee Westwood, despite an injury, became the #1 player in the world. There have been some defections from the PGA TOUR back to the European side of the Atlantic, most notably Rory McIlroy, but one former #1 player in the world believes the game itself is the ultimate winner.

“I think it's great for golf, to tell you the truth,” remarked Greg Norman. “When I was overseas and all this was taking place with the change in the No. 1 player in the world and the Europeans winning the Ryder Cup, I thought, you know. This is just the shot in the arm that the game of golf needs,” he continued. “We got it with the selection of golf in the Olympics of 2016, but since then, since that announcement, the rest of the world has really kicked into gear, as far as I'm concerned, not only just from the professional standpoint, but from the growth and the development of the game of golf.”

Some may fear that American golf has slipped in 2010, but the Shark believes it’s simply a case of the ebbs and flow that occur over time. “I can only make a comparison from what I see that has happened in tennis. American tennis went through the heights of the Samprases and the Agassis and the Jim Couriers and those guys just dominating American tennis for a while. And then it shifted away,” he explained. “So the pendulum certainly has shifted back to the game of tennis, and now tennis is a more popular game in America for the number of players than there is golfers.”

Norman believes the worldwide game for golf also benefits the domestic scene. “Corporations on a global basis are going to have an incredible basket of talent to pick from for their golf tournaments all over the world. I think it's great for American golf, too, because it's going to stimulate it. I think it's great for the game of golf.”

If you subscribe to theory that history repeats itself and Norman is one of those who does, than the future appears bright. “If you go back over history, it's interesting. I did and it's almost like a 15-year time span. I know from Nicklaus and Watson, Watson to Ballesteros and Norman, and then, you know, Norman into the Woods deal, it's almost like a 15-year cycle,” he began. “It's actually incredible how it's consistently been done. That's got a lot to do with the age of the player, too. When you are dominating the game, people do feel like we're playing for second most weeks. The younger players who are 15, 16, 17, admire this person who is dominating and want to emulate that person. So when they come out and they're ready to play, they come out with no fear,” he explained. “But that's 10 years down the line. So that individual now instead of being 25, 26, and 27 is 35, 36, and 37. So you see the older they get, the dominating players, the younger the other players get. So you can understand the cycle it goes through,” he continued. “I think that's why the game of golf is always going to do this. I think it's fantastic.”

Lately golf has been talking up the Pacific Rim region for growth possibilities, especially in the equipment sector. To date, while it’s still very early, its unknown to what extent the game may or may not be embraced by the masses. Norman believes it’s a case of when not if it happens. “When I was in China not too long ago, I was asked to make a speech, by the Central Government, to the Tourism and Golf Forum in China. The minister before me said that they want 30 million golfers in China in the next years, and there's 3 million now. So when you think there are 24, 25 million golfers in the United States and it's been that number for decades and decades, imagine when China comes online in 20 years down the line. And then when China comes online, you've already got the Koreans doing extremely well. The development of the game of golf in Malaysia and Indonesia and Vietnam and Cambodia, to a degree, is just starting to skyrocket. And then you bring in India.

“So you got pretty much 50% of the world's population just starting to get into the game of golf. So when now you start looking out into the future, it's extremely healthy. It doesn't matter whether it's American-bases, Australian-based, or whoever the dominating player is, it's going to be shared around the world on a very, very regular basis going forward, I think,” he concluded.

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HOW’S BIZ? “On the business side, we had a very positive year, and I think over the last 18 months, we've made a lot of progress. Although we continue to be challenged by underlying economic indicators; a concern among business about the economic future. We still have signed a lot of business,” said PGA TOUR Commissioner, Tim Finchem.

“And then during the course of the year, we brought six new sponsors on the PGA TOUR level, and we had seven or eight renewals and another one or two to-be-announced renewals. We now have over 30 percent of PGA TOUR title sponsorships extended beyond 2012. And so we made solid progress.

“However, as we go into 2011 even though we have a very solid schedule of 45 events. We have all of our tournaments funded. We still have a couple of title sponsor vacancies that we would like to fill as we go through 2011, the Bob Hope and The Heritage. The Reno event doesn't have a title sponsor, but it really never has, and it works well, so we are not overly concerned about that from a long-term stability standpoint. So we feel like we had a good year. We are very pleased with our progress the last 18 months, and we look forward to a very good, solid schedule in 2011.”

YOU ARE WHAT YOU EAT? Former world #1 player, David Duval has found a new sponsor. Perky Jerky, self proclaimed as the ultra-premium jerky and flavored with a hint of guarana has reached a deal to have Duval promoting its product. As the story goes, four years ago during a ski lift calamity, Perky Jerky’s founders spilled energy drink all over their stash of beef jerky. Stranded, hungry and 40-feet off the ground, they ate the soaked jerky and realized they were on to something. Three years in the kitchen and hundreds of homemade jerky recipes later, Perky Jerky was perfected and launched in 2009. In just one year, Perky Jerky has quickly reached stratospheric levels of popularity amongst athletes, moms, students, troops and truckers alike. Recently, Perky Jerky was awarded five out of five stars from superstar chef Tom Colicchio and Maxim magazine.

“Perky Jerky has quickly become one of the most popular snacks amongst the worlds best athletes because of its high-protein, low-carb count and excellent taste,” said Brian Levin, founder of Perky Jerky. “We’re looking forward to partnering with David in his quest to re-gain his world number one status and adding more major championships to his already impressive golf resume.”

“I’m proud to be the newest member on the Perky Jerky team and I’m looking forward to being involved with the snack everyone is raving about on the PGA tour,” said David Duval

CALLAWAY GETS INTO RETAIL: Callaway will open exclusive stores to feature its products in India. Currently, its products are sold at around 40 multi-brand stores across the country. "The plan is to open first pilot store in India by March next year and expand further depending on the market demand," said Callaway Country Head (India) Vivek Mehta. "We have launched the Razr range here, ahead of the launch in the US, Europe and Japan. Similarly, the premium range of golf equipment called Legacy that is sold in only Japan, Korea and China has also been introduced to India," he added. READ MORE>>>

WEB GEMS:

DON’T BELIEVE EVERYTHING YOU READ: Tiger Woods' manager has dismissed reports that the world number two was set to play in the Qatar Masters in February. READ MORE>>>

UPSIDE DOWN, DOWN UNDER: Just when John Daly thought it was safe to return to Coolum, the scene of one of his most famous meltdowns, the course came back to get him again. READ MORE>>>

YOUNG GUNS: "I've never in my tenure seen so much buzz and interest about rookies and young players creating exciting performances," Finchem said. READ MORE>>>

LAST BUT NOT LEAST: If you like what you have seen with the Daily Pulse, help spread the word. Pass along your copy. Its free and all anyone needs to do is send an email to This e-mail address is being protected from spambots. You need JavaScript enabled to view it asking to be put on the distribution list. It is a complete opt in or out system.

BEFORE WE GO: If you feel like you may have missed something from a back issue feel free to check out the archive section of the Daily Pulse, which includes an easy to use word search!

ANSWER: Greg Norman on Graeme McDowell knocking off Woods at the Chevron.

THE INFORMATION CONTAINED IS BELIEVED TO BE RELIABLE, BUT IT IS NOT GUARANTEED. THE OPINION EXPRESSED IS THAT OF TERRY O 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

 

Last Updated (Friday, 10 December 2010 10:34)

 
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