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REVIEW OF APPLIED ECONOMICS RAE Vol. 8, No. 1, (January-June 2012) THE DETERMINANTS OF ANNUAL EARNINGS FOR PGA PLAYERS UNDER THE NEW PGA’S FEDEX CUP SYSTEM Jonathan K Ohn*, William Bealing** and Dan Waeger*** Abstract: There have been numerous studies that examined the earnings determination of Major League Baseball (MLB) and National Football League (NFL) professional athletes, but relatively little attention has been paid to the earnings determination of professional golfers. The important difference between the two is: the earnings of MLB and NFL athletes are determined by past and expected future performance, while the earnings of professional golfers depend strictly on their current performance. In this paper, we reexamine the structure and determination of the PGA golfers’ tour earnings in the new era, which started with the introduction of the FedEx Cup Championship in 2007. We use two determination models – the first with a set of traditional skill variables, and the second with the skill variables along with two additional variables which reflect the monetary and psychological effect of a player’s timely performance at the majors, and the measure of a player’s consistency and persistency throughout the regular season. Overall, the second model appears to be a superior model, explaining the earnings determination of PGA players better. JEL classifications: J3; J7; M5 Keywords: Determination of Professional Golfers’ Earnings; Performance Variables; Earnings- Efficiency 1. INTRODUCTION Much attention has been paid to the study on the performance and earnings structure of professional sports players, especially in Major League Baseball (MLB) and National Football Leagues (NFL). However, relatively little attempt has been made to study the earnings structure of professional golfers. -
Word Searches
WORD SEARCHES 1 WORD SEARCH MULTIPLE WINNERS DIRECTIONS: FIND THE WORDS MARKED IN BOLD S V W W H R E M L A P M C V S F O E P A N B V I T O K T N W K I T T R M O A U R F S I A B R A X U N U U S G H S K U G F C A S P E R J A T C D M A O A C Z S G Y G N S J A X Z I H L U O S Y L N U N W Y W X I T Y I N O E J A K E T M I F E R H H A D P L M Y A O F S U M K O L C Z P E P G D E I D H L U N J B C G X R U R Q V V D V I U S C O T T Q Y O Y T S Y V L E B H N O S L E K C I M A L B A Z A V O E H Q O G B P S O T K F M U Y A A N X A V C Q O D R BILLY CASPER, HARRY COOPER, FRED COUPLES, PAUL HARNEY, BEN HOGAN, LLOYD MANGRUM, PHIL MICKELSON, GIL MORGAN, ARNOLD PALMER, COREY PAVIN, ADAM SCOTT, MACDONALD SMITH, SAM SNEAD, LANNY WADKINS, BUBBA WATSON, MIKE WEIR GenesisInvitational.com/KidsClub 1 WORD SEARCH CHARLIE SIFFORD MEMORIAL EXEMPTIONS DIRECTIONS: FIND THE WORDS MARKED IN BOLD W V Z Q X Z J T Z T G D Q Y I A O P T X O T S L N J M R C H L V C Q H E A N K L I S C X Y K T M N L I U J O J N A H F A E A S M H K Z R Q T J L S K D R O A I U A J E K X G L W P R N R X F R A L R G D V O D F I B J E T F T A L I P O P P A M H L W P B U G G M D A F U X S H I L A E N O Z I R N O A V W P L R F M J P N Y U I O C C H K B K Y Y L G V A V O D O H Z H R V A K N W P V A R N E R S C H A M P Q S K C A M S D T L H N T Q F X V F F B D T T Y N JOSEPH BRAMLETT, CAMERON CHAMP, KEVIN HALL, VINCENT JOHNSON, WILLIE MACK III, TIMOTHY O’NEAL, CARLOS SAINZ JR, J.J. -
NCAA Division I Men's Golf Championships
5 NCAA CHAMPIONSHIPS 16 SEC CHAMPIONSHIPS MEN’S2017 GOLF 3 NCAA INDIVIDUAL CHAMPIONS LSU 57 ALL-AMERICAN SELECTIONS NCAA Division I Men’s Golf Championships May 26-31, 2017 • Sugar Grove, Ill. • Rich Harvest Farms Golf Club • Live Scoring: http://www.golfstat.com Golf Channel Live Coverage: Monday, May 29 (3-8 p.m. CT); Tuesday, May 30 (9 a.m.-1:30 p.m. CT, 3-8 p.m. CT); Wednesday, May 31 (12-8 p.m. CT) 2016-17 Schedule NEXT UP SEPTEMBER Red-Hot LSU Tigers Ready for NCAA Championships 9-11 at Carpet Capital Collegiate Classic Rocky Face, Ga. The No. 6-ranked LSU Tigers arrive at Rich Harvest Farms Golf Club in Sugar Grove, Illinois, this week with momentum on The Farm Golf Club their side after defending their home turf and winning their first ever NCAA Regional title at the 2017 NCAA Baton Rouge 23-25 at Maui Jim Intercollegiate Scottsdale, Ariz. Regional held May 15-17 at the University Club. LSU set a single-season school record with its sixth tournament title of the Mirabel Golf Club 2016-17 season to earn its fourth-straight NCAA Championship appearance and seventh in the last eight years since 2010. OCTOBER 8-9 David Toms Intercollegiate Baton Rouge, La. • LSU has been the most successful program at the NCAA Division I Men’s Golf Championships over the last three years The University Club as the Tigers join Illinois as the only two teams in the country to qualify for the Match Play Eight to decide the national 21-23 at The Golf Club of Georgia Collegiate Alpharetta, Ga. -
2021 Wells Fargo Championship (32Nd of 50 Events in the 2020-21 PGA TOUR Season)
2021 Wells Fargo Championship (32nd of 50 events in the 2020-21 PGA TOUR Season) Charlotte, North Carolina May 6-9, 2021 FedExCup Points: 500 (winner) Quail Hollow Club Par/Yards: 35-36—71/7,521 Purse: $8,100,000 ($1,458,000 winner) First-Round Notes – Thursday, May 6, 2021 Weather: Mostly sunny. High of 71. Wind NNW 5-10 mph. First-Round Leaderboard Phil Mickelson 64 (-7) K.H. Lee 66 (-5) Keegan Bradley 66 (-5) Six players at 4-under 67 Things to Know • Phil Mickelson holds an opening-round lead/co-lead on the PGA TOUR for the first time since the 2019 American Express, a span of 840 days • No player has led by more than two strokes after 18 holes at the Wells Fargo Championship • Following a runner-up at last week’s Valspar Championship, Keegan Bradley records one of two bogey-free rounds (66) • Rory McIlroy recorded a 1-over 72, the third time in 10 starts in the event he opened with an over-par score First-Round Lead Notes 2 First-round leaders/co-leaders to win the Wells Fargo Championship (Jim Furyk/2006, Derek Ernst/2013) 5 First-round leaders/co-leaders to win during the 2020-21 PGA TOUR Season (most recent: Matt Jones/The Honda Classic) Phil Mickelson (1st/-7) Category (Entering this week) Phil Mickelson Age 50 (June 16, 1970) FedExCup 165 OWGR 115 Starts at Wells Fargo Championship 16 Wins at Wells Fargo Championship 0 Top-10s at Wells Fargo Championship 10 Career PGA TOUR starts 642 Career PGA TOUR wins 44 Career PGA TOUR top-10s 196 PGA TOUR starts in 2020-21 13 PGA TOUR wins in 2020-21 0 PGA TOUR top-10s in 2020-21 0 Phil -
Information Guide
RAMBLINWRECK.COM / @GT_GOLF 1 GEORGIA TECH TV ROSTER Anders Albertson Bo Andrews Drew Czuchry Michael Hines Jr. • Woodstock, Ga. Sr. • Raleigh, N.C. Sr. • Auburn, Ga. So. • Acworth, Ga. Seth Reeves Ollie Schniederjans Richard Werenski Vincent Whaley Sr. • Duluth, Ga. Jr. • Powder Springs, Ga. Sr. • South Hadley, Mass. Fr. • McKinney, Texas Bruce Heppler Brennan Webb Head Coach Assistant Coach 2 GEORGIA TECH GOLF 2013-14 GEORGIA TECH GOLF INFORMATION GUIDE Quick Facts Offi cial Name Georgia Institute of Technology Location Atlanta, Ga. Founded 1885 Enrollment 21,000 Colors Old Gold and White Nicknames Yellow Jackets, Rambling Wreck Offi cial Athletics Website Ramblinwreck.com Conference Atlantic Coast (ACC) PAGEAGE INDEX President Dr. G.P. “Bud” Peterson 2012-132012-13 Outlook 2 InternationalInternational Competition 3939 Director of Athletics Mike Bobinski 2011-122011-12 Final Statistics 3 LetterwinnersLetterwinners 51 Faculty Athletics Rep. Dr. Sue Ann Bidstrup Allen ACC Championship HistoryHistory 48 NationalNational Collegiate Champions 3636 Head Coach Bruce Heppler (19th year) ACC Championship Teams 6666 NationalNational Honors 3535 Offi ce Phone (404) 894-0961 Administration 1717 NCAANCAA Championship History 4444 Email [email protected] All-AmericansAll-Americans 34 ProfessionalProfessional Golf Champions 3232 Administrative Coordinator Brennan Webb (2nd year) All-America Scholars 2929 Roster/Schedule/MediaRoster/Schedule/Media Information 1 All-Conference Selections 3737 Team Awards 4040 Offi ce Phone (404) 894-4423 Amateur,Amateur, Professional ChChampionsampions 38 Team HistoryHistory At-A-Glance 5522 Email [email protected] CarpetCarpet Capital CollegiateCollegiate 20 Tech’s All-Time Greats 22-3322-33 Golf Offi ce Fax (404) 385-0463 GeorgiaGeorgia Tech Players and Coaches ....................................................................................................... -
2017 U.S. OPEN NOTEBOOK and STORY IDEAS June 15-18, 2017 Erin Hills, Erin, Wis
2017 U.S. OPEN NOTEBOOK AND STORY IDEAS June 15-18, 2017 Erin Hills, Erin, Wis. WHO’S HERE: Among the 156 golfers in the 2017 U.S. Open, there are: U.S. Open champions (11): Angel Cabrera (2007), Ernie Els (1994, ’97), Jim Furyk (2003), Lucas Glover (2009), Dustin Johnson (2016), Martin Kaymer (2014), Graeme McDowell (2010), Rory McIlroy (2011), Justin Rose (2013), Webb Simpson (2012) and Jordan Spieth (2015). U.S. Open runners-up (8): Jason Day (2011, ‘13), Ernie Els (2000), Rickie Fowler (2014), Jim Furyk (2006, ’07, ‘16), Dustin Johnson (2015), Graeme McDowell (2012), Phil Mickelson (1999, 2002, ’04, ’06, ’09, ‘13) and Louis Oosthuizen (2015). U.S. Amateur champions (8): Byeong Hun An (2009), Bryson DeChambeau (2015), Matthew Fitzpatrick (2013), Nick Flanagan (2003), Matt Kuchar (1997), Phil Mickelson (1990), Richie Ramsay (2006) and Peter Uihlein (2010). U.S. Amateur runners-up (2): Corey Conners (2014) and Brad Dalke (2016). U.S. Junior Amateur champions (3): Brian Harman (2003), Scottie Scheffler (2013) and Jordan Spieth (2009, ’11). U.S. Junior Amateur runners-up (1): Justin Thomas (2010). U.S. Senior Open champions (1): Gene Sauers (2016). U.S. Senior Open runners-up (1): Gene Sauers (2014). U.S. Mid-Amateur champions (2): Stewart Hagestad (2016) and Scott Harvey (2014). U.S. Mid-Amateur runners-up (1): Scott Harvey (2016). U.S. Amateur Public Links champions (3): Jordan Niebrugge (2013), Chez Reavie (2001) and Brandt Snedeker (2003). U.S. Amateur Public Links runners-up (1): Jason Dufner (1998). USGA champions (26): Byeong Hun -
Tax Sand Traps for Ernie Els and Other Pro Athletes South Africa’S Ernie Els Won the 141St British Open and Should Be Relishing His Success, Not Worrying About Taxes
Robert W. Wood THE TAX LAWYER Jul. 24 2012 — 12:00 am Tax Sand Traps For Ernie Els And Other Pro Athletes South Africa’s Ernie Els won the 141st British Open and should be relishing his success, not worrying about taxes. Even less successful professional golfers may not engender much sympathy. The money seems incredible, the work seems better than Ernie Els of South Africa holds the Claret Jug, 'The what most of us do for a Golf Champion Trophy' after winning the 2012 British Open Golf Championship at Royal Lytham and St living, and the adoring fans Annes in Lytham, north-west England, on July 22, 2012. Els won the championship with a score of 273, and media seem generally one shot clear of Adam Scott of Australia. (Image supportive. And think of that credit: AFP/Getty Images via @daylife) endorsement income! Still, if you’ve ever waged a tax battle—or even had difficulty trying to figure out something that is supposedly simple—you might feel differently. Imagine not just dealing with the IRS or your own home country’s tax rules. Suppose you earn income in various countries and must apportion it and pay tax in many different places? Welcome to the world of the professional athlete. For the British Open, it isn’t only winnings that are at stake. It is also endorsement income. The UK’s tax collector, Her Majesty’s Revenue and Customs, does a shipshape job of revenue collection and administration, some say better than the IRS. In fact, even those who did not make The Open cut and didn’t earn money from the tournament must pay taxes on endorsements. -
THE PLAYERS Championship 2019 (20Th of 46 Events in the 2018-19 PGA TOUR Season) Ponte Vedra Beach, Florida March 14-17, 2019 Pu
THE PLAYERS Championship 2019 (20th of 46 events in the 2018-19 PGA TOUR Season) Ponte Vedra Beach, Florida March 14-17, 2019 Purse: $12,500,000 ($2,250,000) THE PLAYERS Stadium Course at TPC Sawgrass Par/Yards: 36-36—72/7,189 Second-Round Notes – Friday, March 15, 2019 Weather: Partly cloudy. High of 80. Wind S 10-18 mph. 36-Hole Cut: 80 players at 1-under 143 from a field of 141 professionals. Second-Round Leaderboard Tommy Fleetwood 65-67—132 (-12) Rory McIlroy 67-65—132 (-12) Jim Furyk 71-64—135 (-9) Ian Poulter 69-66—135 (-9) Brian Harman 66-69—135 (-9) Abraham Ancer 69-66—135 (-9) Things to Know • Tommy Fleetwood earned his fourth 36-hole lead/co-lead with a 5-under 67 and is in search of his first PGA TOUR victory • Rory McIlroy eagled the par-5 16th and birdied the par-3 17th to card a 7-under 65 and share the 36-hole lead • Players from 11 countries have won THE PLAYERS, but none from England (Tommy Fleetwood/T1, Ian Poulter/T3) Northern Ireland (Rory McIlroy/T1) or Mexico (Abraham Ancer/T3) • Jim Furyk recorded an 8-under 64 for his lowest 18-hole score in 80 career rounds at TPC Sawgrass • Tiger Woods made a quadruple-bogey 7 at No. 17 for his highest score at that hole in 69 total rounds • Sergio Garcia extended his record consecutive cuts-made streak at THE PLAYERS to 16 Second-Round Lead Notes 13 Second-round leaders/co-leaders to win THE PLAYERS (most recent: Webb Simpson/2018) 10 Second-round leaders/co-leaders to win in 2018-19 (most recent: Keith Mitchell/The Honda Classic) Comparing the co-leaders (entering the week) Tommy Fleetwood Rory McIlroy Age 28 (Jan. -
119Th U.S. OPEN NOTEBOOK and STORY IDEAS June 13-16, 2019 Pebble Beach (Calif.) Golf Links
119th U.S. OPEN NOTEBOOK AND STORY IDEAS June 13-16, 2019 Pebble Beach (Calif.) Golf Links mediacenter.usga.org | usopen.com | @usga_pr (media Twitter) | @usopengolf (Twitter and Instagram) | USOPEN (Facebook) | #USOpen iOS and Android mobile app: U.S. Open Golf Championship WHO’S HERE: Among the 156 golfers in the 2019 U.S. Open, there are: U.S. Open champions (12): Ernie Els (1994, ’97), Jim Furyk (2003), Lucas Glover (2009), Dustin Johnson (2016), Martin Kaymer (2014), Brooks Koepka (2017, ’18), Graeme McDowell (2010), Rory McIlroy (2011), Justin Rose (2013), Webb Simpson (2012), Jordan Spieth (2015) and Tiger Woods (2000, ’02, ’08). U.S. Open runners-up (13): Jason Day (2011, ’13), Ernie Els (2000), Tommy Fleetwood (2018), Rickie Fowler (2014), Jim Furyk (2006, ’07, ’16), Dustin Johnson (2015), Shane Lowry (2016), Hideki Matsuyama (2017), Graeme McDowell (2012), Phil Mickelson (1999, 2002, ’04, ’06, ’09, ’13), Louis Oosthuizen (2015), Scott Piercy (2016) and Tiger Woods (2005, ’07). U.S. Amateur champions (7): Byeong Hun An (2009), Bryson DeChambeau (2015), Matthew Fitzpatrick (2013), Viktor Hovland (2018), Matt Kuchar (1997), Phil Mickelson (1990) and Tiger Woods (1994, ’95, ’96). U.S. Amateur runners-up (3): Devon Bling (2018), Luke List (2004) and Patrick Cantlay (2011). U.S. Junior Amateur champions (4): Jordan Spieth (2009, ’11), Scottie Scheffler (2013), Michael Thorbjornsen (2018) and Tiger Woods (1991, ’92, ’93). U.S. Junior Amateur runners-up (3): Aaron Baddeley (1998), Charles Howell III (1996) and Justin Thomas (2010). U.S. Senior Open champions (1): David Toms (2018). U.S. Senior Open runners-up (0): none. -
2021 PGA Championship (34Th of 50 Events in the 2020-21 PGA TOUR Season)
2021 PGA Championship (34th of 50 events in the 2020-21 PGA TOUR Season) Kiawah Island, South Carolina May 20-23, 2021 FedExCup Points: 600 (winner) Ocean Course at Kiawah Par/Yards: 36-36—72/7,876 Purse: TBD Third-Round Notes – Saturday, May 22, 2021 Weather: Partly clouDy. High of 79. WinD E 8-13 mph. Third-Round Leaderboard Phil Mickelson 70-69-70—209 (-7) Brooks Koepka 69-71-70—210 (-6) Louis Oosthuizen 71-68-72—211 (-5) Kevin Streelman 70-72-70—212 (-4) Christian Bezuidenhout 71-70-72—213 (-3) Branden Grace 70-71-72—213 (-3) Things to Know • Five-time major champion and 2005 PGA Championship winner Phil Mickelson holds a one-stroke lead and is looking to become the first player to win a men’s major championship after turning 50 years old • Mickelson is the fourth player to hold the 54-hole lead/co-lead in a major at age 50 or older during the modern era (1934-present) • Mickelson is 3-for-5 with the 54-hole lead/co-lead in major championships (21-for-36 in 72-hole PGA TOUR events) • 2018 and 2019 PGA Championship winner Brooks Koepka is one stroke back of Mickelson; last player to win the same major at least three times in a four-year stretch: Tom Watson, The Open Championship (1980, 1982, 1983) • Sunday’s final pairing includes two players that have combined for nine major championship titles (Mickelson/5, Koepka/4) Third-Round Lead Notes 13 Third-round leaders/co-leaders to win the PGA Championship since 2000 Tiger Woods/2000, David Toms/2001, Shaun Micheel/2003, Vijay Singh/2004, Phil Mickelson/2005, Tiger Woods/2006, Woods/2007, -
Is Tiger Woods a Winner? Scott M
Is Tiger Woods a Winner? Scott M. Berry Abstract Tiger Woods has an amazing record of winning golf tournaments. He has gained the persona of a player that is a winner, a player that when near the lead or in the lead can do whatever it takes to win. In this paper I investigate whether in fact, he is a winner. A mathematical model is created for the ability of Tiger Woods, and all PGA Tour golfers to play 18 holes of tournament golf. The career of Tiger Woods is replayed using the mathematical model for all golfers and the results are very consistent with Tiger Woods’ actual career. Therefore the mathematical model, which does not give Woods any additional ability to win, would result in essentially the same career. Woods has not needed any additional ability to win–only his pure golfing ability. The ramifications of this result are that there is no evidence that Woods is in fact a “winner” – but instead he is just a much better golfer than everyone else. Introduction Tiger Woods is one of those rare athletes that accomplish feats in their sport that are freakish. In this small group are guys such as Babe Ruth, Wayne Gretzky, Wilt Chamberlain, Barry Bonds, and Jack Nicklaus. Woods dominates a sport where the population of players are all very good–and very tightly bundled in their ability. To win one tournament, beating 100+ of these players is incredibly difficult. To average one tournament victory a year for 10 years is a Hall of Fame type accomplishment. -
Groups & Starting Times
Groups & Starting Times - Round 1 and 2 Thursday & Friday, August 8 & 9, 2013 Round 1 Round 2 Group # Tee Time Group # Tee Time Names Rob LABRITZ, Pound Ridge, NY 1 1 07:10 AM 40 10 12:20 PM John SENDEN, Brisbane, Australia Shane LOWRY, Clara, Ireland Kiradech APHIBARNRAT, Bangkok, Thailand 2 1 07:20 AM 41 10 12:30 PM Bob GAUS, St. Louis, MO Luke GUTHRIE, Quincy, IL Marc LEISHMAN, Victoria, Australia 3 1 07:30 AM 42 10 12:40 PM Josh TEATER, Lexington, KY Pablo LARRAZABAL, Barcelona, Spain Tommy GAINEY, Hartsville, SC 4 1 07:40 AM 43 10 12:50 PM Ryan PALMER, Amarillo, TX David HEARN, Ontario, Canada Michael THOMPSON, Birmingham, AL 5 1 07:50 AM 44 10 01:00 PM Marcel SIEM, Ratingen, Germany Bo VAN PELT, Tulsa, OK Shaun MICHEEL, Memphis, TN 6 1 08:00 AM 45 10 01:10 PM Rich BEEM, Austin, TX Mark BROOKS, Ft. Worth, TX Richard STERNE, Stellenbosch, S. Africa 7 1 08:10 AM 46 10 01:20 PM Scott BROWN, Aiken, SC David LINGMERTH, Tranas, Sweden Ben CURTIS, Stow, OH 8 1 08:20 AM 47 10 01:30 PM Marcus FRASER, Melbourne, Australia Peter HANSON, Trelleborg, Sweden Stewart CINK, Duluth, GA 9 1 08:30 AM 48 10 01:40 PM Paul LAWRIE, Aberdeen, Scotland Rafael CABRERA-BELLO, Gran Canaria, Spain Thorbjorn OLESEN, Copenhagen, Denmark 10 1 08:40 AM 49 10 01:50 PM Brian GAY, Windermere, FL David LYNN, Stoke-On-Trent, England Stephen GALLACHER, Linlithgow, Scotland 11 1 08:50 AM 50 10 02:00 PM David MCNABB, Newark, DE Branden GRACE, George, S.