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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. -
For Immediate Release
2016 Sony Open in Hawaii (9th of 47 events in the PGA TOUR Season) Honolulu, HI January 14-17, 2016 Purse: $5,800,000 ($1,044,000) Waialae Country Club Par/Yards: 35-35—70/7,044 500 FedExCup points to winner First-Round Notes – Thursday, January 14, 2016 Weather Sunny. High of 83. Winds WSW 5-10 mph. First-Round Leaderboard Ricky Barnes 63 (-7) Vijay Singh 63 (-7) Morgan Hoffmann 63 (-7) Kevin Kisner 63 (-7) Brandt Snedeker 63 (-7) Si Woo Kim 64 (-6) Zach Johnson 64 (-6) Charles Howell III 64 (-6) Ricky Barnes, Vijay Singh, Morgan Hoffmann, Kevin Kisner and Brandt Snedeker carded matching 7-under 63s to share the first-round lead at the Sony Open in Hawaii. By comparison, the best opening-round score at the event is 62, set on six occasions and most recently by Paul Casey and Webb Simpson in 2015. Five players sharing the first-round lead is the most at the Sony Open since 2010, when six (Ryan Palmer, Zach Johnson, Davis Love III, Troy Merritt, Robert Allenby, John Merrick) shared the 18-hole lead at 5-under 65. Five players sharing the lead after the first round is the most on TOUR since six players shared the first-round lead at the 2015 Northern Trust Open, including eventual champion James Hahn. Leaders’ history at Sony Open in Hawaii (not counting 2016) Ricky Barnes 6 starts (2009-MC, 2010-T62, 2012-MC, 2013-T20, 2014-T38, 2015-MC) Vijay Singh 18 starts/4 top 10s (1996-T8, 2004-T10, 2005-Won, 2006-6) Morgan Hoffmann 3 starts (2013-T67, 2014-T65, 2015-T51) Kevin Kisner 4 starts (2011-MC, 2012-MC, 2014-MC, 2015-84) Brandt Snedeker -
*Schedule As of March 24, 2021 and Subject to Change Denotes Major Championship
*Schedule as of March 24, 2021 and subject to change denotes Major Championship Date Tournament Host Club TV Times (All Eastern) Purse (Defending Champion) January 21-24 Diamond Resorts Tournament of Champions Four Seasons Golf and Sports Club Orlando GC Jan. 21 12:00 pm - 3:00 pm $1,200,000 Jessica Korda presented by Insurance Office of America Lake Buena Vista, Florida GC Jan. 22 12:00 pm - 3:00 pm GC Jan. 23 1:30 pm - 2:30 pm NBC Jan. 23 2:30 pm - 4:30pm GC Jan. 24 2:00 pm - 3:00 pm NBC Jan. 24 3:00 pm - 5:00 pm February 25-28 Gainbridge LPGA Lake Nona Golf and Country Club GC Feb. 25 7:00 pm - 9:00 pm TD $2,000,000 Nelly Korda Orlando, Florida GC Feb. 26 6:30 pm - 8:30 pm TD GC Feb. 27 8:00 pm - 11:00 pm TD GC Feb. 28 8:00 pm - 11:00 pm TD March 4-7 LPGA Drive On Championship Golden Ocala Golf and Equestrian Club GC Mar. 4 10:00 am - 1:00 pm $1,500,000 Austin Ernst presented by Volvik at Golden Ocala Ocala, Florida GC Mar. 5 10:00 am - 1:00 pm GC Mar. 6 2:30 pm - 5:30 pm GC Mar. 7 2:30 pm - 5:30 pm March 25-28 Kia Classic Aviara Golf Club GC Mar. 25 6:00 pm - 9:00 pm STREAM $1,800,000 (Nasa Hataoka) Carlsbad, California GC Mar. 25 9:00 pm - 11:00 pm TD GC Mar. -
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 -
2021 RBC Heritage Shotlink & Broadcast
2021 RBC Heritage Broadcast Window & Pre-Tournament Notes Past Champions Analysis 25 Five winners of the RBC Heritage have averaged fewer than 25 putts per round at this event since 1980 +1.65 Defending champion Webb Simpson outperformed the field by +1.65 strokes per round on the greens en route to victory in 2020, marking the seventh player to gain over 1.5 strokes per round in SG: Putting en route to victory at the RBC Heritage since 2004 7th C.T. Pan ranked seventh in SG: Around-the-Green en route to victory, marking five of the last seven RBC Heritage champions to rank inside the top 10 in SG: Around-the-Green 51.79% C.T. Pan hit just 51.79% of the fairways at Harbour Town GL (29 of 56), marking the lowest Driving Accuracy Percentage by a winner of the RBC Heritage since 1980 3 Three winners since 1992 have recorded 40 or more total one-putts en route to victory at the RBC Heritage (2019 C.T. Pan, 2006 Aaron Baddeley & 1995 Bob Tway) 14 Webb Simpson made 14 putts over 10 feet en route to victory in 2020, marking the most putts made from over 10 feet by an RBC Heritage champion since 2004 4 Four of the last five RBC Heritage champions have been First-Time PGA TOUR winners 5 / 8 Since 2000, five players have won this event in their first RBC Heritage start and there have been eight First-Time PGA TOUR winners at this event in this time frame 25 The last eight RBC Heritage champions have averaged 25 missed greens in regulation at Harbour Town Golf Links and have salvaged par 79.2% of the time. -
TPC Network Turns 40 by John Steinbreder • August 22, 2020
My Account Logout READ THE MAGAZINE MEN’S PRO+ LPGA+ AMATEUR+ COURSE DESIGN+ MORE+ TPC Network Turns 40 By John Steinbreder • August 22, 2020 ith the building of the Stadium Course at TPC Sawgrass four decades ago, then-PGA W Tour commissioner Deane Beman did more than give the Players Championship a permanent home. Quite inadvertently, he also sowed the seeds of a business operation that today consists of 31 golf facilities and generates hundreds of millions of dollars in annual revenues for the PGA Tour. Called the TPC Network, it currently comprises private, public and daily-fee courses that serve recreational golfers throughout the United States as well as in Canada, Mexico, Puerto Rico, Colombia and Malaysia. Several of those layouts also act as venues for PGA Tour, PGA Tour Champions and Korn Ferry Tour events, such as TPC River Highlands outside Hartford, Connecticut, the home of the Travelers Championship, and TPC Southwind in Memphis, Tennessee, where the WGC-FedEx St. Jude Invitational was held last month. This year’s PGA Championship was staged at TPC Harding Park in San Francisco, California, and the first tournament of the 2020 FedEx Cup playoffs, the Northern Trust, is being played this weekend at TPC Boston. That is an impressive collection. Equally as significant is how that division of the tour is thriving as it celebrates its 40th anniversary this year. Designed largely by Pete and Alice Dye with significant impact from Beman, TPC Sawgrass was the first piece of that portfolio when it opened in the fall of 1980. Many industry observers, including a number of his tour professionals, considered it a risky venture. -
Driver Date Event Player Shaft Manufacturer Shaft Model Wt
Driver Date Event Player Shaft Manufacturer Shaft Model Wt. Grams January 3-6 Hyundai Tournament of Champions Zach Johnson Mitsubishi Rayon Diamana Blue 73 X 75 Jan 9-12 Sony Open Jimmy Walker Jan 16-19 Humana Challenge Patrick Reed Fujikura Fuel 75 X 75 Jan 23-26 Farmers Insurance Open Scott Stallings Aldila Rogue 70 TX 70 Jan 30-Feb 2 Waste Management Open Kevin Stadler Feb 6-9 Pebble Beach National Pro Am Jimmy Walker Feb 13-16 Northern Trust Open Bubba Watson Grafalloy BiMatrx Pink X 65 Feb 19-23 Accenture Match Play Championship Jason Day Matrix TP7HD X 75 Feb 27-Mar 2 The Honda Classic Russell Henley Mar 6-9 Puerto Rico Open Chesson Hadley World Golf Championship-Cadillac Mar 6-9 Championship Patrick Reed Fujikura Fuel 75 X 75 Mar 13-16 Valspar Championship Mar 20-23 Arnold Palmer Invitational Mar 27-30 Valero Texas Open Apr 3-6 Shell Houston Open Apr 10-13 Masters Apr 17-20 RBC Heritage Apr 24-27 Zurich Classic May 1-4 Wells Fargo Championship May 8-11 The Players Championship May 15-18 HP Byron Nelson Classic May 22-25 Crowne Plaza Invitational May 29-June 1 The Memorial Tournament June 5-8 Fed Ex St Jude Classic June 12-15 US Open June 18-22 Travelers Championship June 23-24 CVS Caremark Charity Classic June 26-29 AT&T National Jul 3-6 The Greenbriar Classic July 10-13 John Deere Classic July 17-20 The Open Championship July 24-27 RBC Canadian Open July 31-Aug 3 Reno Tahoe Open July 31-Aug 3 World Golf Invitational Bridgestone Classic Aug 7-10 PGA Championship Aug 14-17 Wyndham Championship Aug 21-24 The Barclays Aug 29-Sept 1 Deutsche Bank Championship Sept 4-7 BMW Championship Sept 11-14 Tour Championship Fairway 1 Date Event Player Shaft Manufacturer Shaft Model Wt. -
Henrik Stenson
HENRIK STENSON FULL NAME Henrik Olof Stenson COUNTRY Sweden BORN 5.4.76; Gothenburg, Sweden HEIGHT 6ft 2in (187cm) TURNED PRO 1998 FAMILY - Wife Emma (m. 2006) - Children Lisa (2007), Karl (2010), Alice (2014) 2 RACE TO DUBAI WINS 2013, 2016 EUROPEAN TOUR TOP 20 FINISHES 11 VICTORIES 8 IN 2018 2001 Benson and Hedges International Open 4 Arnold Palmer Invitational presented by Mastercard (USA) - 18/03/2018 2004 Heritage T5 The Masters - 08/04/2018 2006 Commercialbank Qatar Masters BMW International Open T6 Omega Dubai Desert Classic - 28/01/2018 T6 Houston Open (USA) - 01/04/2018 2007 Dubai Desert Classic, WGC-Accenture Match Play T6 US Open - 17/06/2018 2012 SA Open Championship 8th Abu Dhabi HSBC Championship presented by EGA - 21/1/2018 2013 DP World Tour Championship, Dubai T19 Zurich Classic of New Orleans - 29/04/2018 2014 DP World Tour Championship, Dubai T20 Wyndham Championship (USA) - 19/08/2019 2016 BMW International Open The 145th Open Championship RYDER CUP HISTORY APPEARANCES: 2006 (winners), 08, 14 (winners), 16 RYDER CUP RECORD: Overall record: Played 16, Won 7, Lost 7, Halved 2, Points 8 SERIES RECORD: Singles: Played 4, Won 2, Lost 2, Halved 0 Foursomes: Played 6, Won 2, Lost 3, Halved 1 Fourballs: Played 6, Won 3, Lost 2, Halved 1 2006: The K Club: Europe 18½ USA 9½ Day 1 Fousomes: Stenson/Howell halved with Cink/Toms Day 2 Fourballs: Stenson/Harrington lost to Verplank/Z Johnson (2 & 1) Singles: Stenson beat Taylor (4&3) 2008: Valhalla GC: USA 16½ Europe 11½ Day 1 Foursomes: Stenson/Casey lost to Leonard/Mahan (3 & -
For Immediate Release
Primary on-site PGA TOUR media contact: John Bush, Media Official 904-923-7419 (cell) [email protected] 2016 AT&T Pebble Beach Pro-Am Media Notes Dates: February 8-14, 2016 Where: Pebble Beach Golf Links (Host) Par (Yards): 36-36—72 (6,816) Spyglass Hill Golf Course Par (Yards): 36-36—72 (6,953) Monterey Peninsula CC, Shore Course Par (Yards): 34-37—71 (6,914) Field: 156 Format: 72-hole stroke play FedExCup points: 500 to the winner Purse: $7,000,000 ($1,260,000) Defending Champion: Brandt Snedeker Facebook: https://www.facebook.com/attproam; Twitter: @attproam 31st year as title sponsor for AT&T AT&T enters its 31st year as title sponsor of the AT&T Pebble Beach Pro-Am in 2016, having served as title sponsor since 1986. The only event with a longer-running sponsorship is The Honda Classic, with Honda having been the title sponsor since 1982. This week in FedExCup history The AT&T Pebble Beach Pro-Am has played a significant role in the FedExCup, the PGA TOUR’s season-long competition now in its 10th year. In 2010, Dustin Johnson won his second consecutive AT&T Pebble Beach Pro-Am title and moved to No. 1 in the FedExCup standings for the first time in his career. He would hold the No. 1 spot for four consecutive weeks and finish the season fifth in the FedExCup standings. Johnson has qualified for the season-ending TOUR Championship by Coca-Cola seven consecutive years dating back to 2009. A look back at the 2015 AT&T Pebble Beach Pro-Am With a final-round 5-under 67, Brandt Snedeker prevailed by three strokes over runner-up Nick Watney to win the 2015 AT&T Pebble Beach Pro-Am. -
Championship Credentials and Information Enclosed
EAST LAKE GOLF CLUB ROUTES TO THE TOUR CHAMPIONSHIP HOME OF THE TOUR CHAMPIONSHIP The primary routes serving traffic: FROM THE NORTH: I-75 S and I-85 ¡¡ ¡ S to I-75/85 S or GA 400 to I-85 S ¡ to I-75/85 S. Exit I-75/85 S at ¡ ¡ Fulton Street and follow the ¡ signs to Turner Field Parking. East Lake Golf Club • Atlanta, Georgia FROM THE SOUTH: I-75/85 N. Exit ¡ After 33 weeks and 3 Playoff events, it all comes down to this -- THE TOUR Fulton Street and follow the signs September 24-28, 2008 Championship presented by Coca-Cola, the 2008 PGA TOUR Playoff Finale. to Turner Field Parking. FROM THE EAST: I-20 W to Capitol In 2007, Tiger Woods captured his second TOUR Championship presented Avenue or Hwy. 78 to I-285 S ¡ by Coca-Cola trophy and the inaugural FedExCup in stunning fashion. This to I-20 W to Capitol Avenue. year, the top 30 players on the PGA TOUR will compete head-to-head to On Capitol Avenue go south and ¡ claim victory at THE TOUR Championship and determine the 2008 winner of follow signs to Turner Field Parking. the FedExCup. FROM THE WEST: I-20 E. Exit at Windsor Street and go south to Fulton Street following signs to Turner Field Parking. Peak traffic hours are expected to be Mark your calendars for Atlanta’s premier annual sporting event in 2009. from 10:00 AM until 1:00 PM. SEPTEMBER 14 – 20, 2009 GENERAL PUBLIC PARKING AND SHUTTLE INSTRUCTIONS THANK YOU TO OUR SPONSORS All Championship public parking is located at Turner Field off I-75/85 just south of downtown Atlanta. -
PGA Tour: the Relative Shift in TV Ratings Since the Beginning of the Fedex Cup Era
PGA Tour: The Relative Shift in TV Ratings Since the Beginning of the FedEx Cup Era A THESIS Presented to The Faculty of the Department of Economics and Business The Colorado College In Partial Fulfillment of the Requirements for the Degree Bachelor of Arts By James Martello Jr February 2019 i PGA Tour: The Relative Shift in TV Ratings Since the Beginning of the FedEx Cup Era James Martello Jr February 2019 Economics Abstract Top players in the sports industry enjoy a fanatical following across the globe, making them ideal prospects for advertising campaigns in both print and electronic media forms. This paper uses decades of TV ratings, specifically from golfs FedEx Cup Era and television shows in general. Using weekly data from the Top 5 FedEx Cup ranked players presence in the Top 10 of golf’s most competitive tournaments, the presence of Tiger Woods, and the number 1 ranked television show of the year, this study utilizes a generalized least squares regression. This study hypothesizes that all variables used will positively affect the golf tournaments television rating. The results suggest that most variables do positively affect TV ratings, but based on the statistical evidence the hypothesis was not present. KEYWORDS: (PGA, TV Ratings, FedEx Cup, Tiger Woods) JEL CODES: (L83, Z20) ii ON MY HONOR, I HAVE NEITHER GIVEN NOR RECEIVEDUNAUTHORIZED AID ON THIS THESIS James Martello Signature iii Acknowledgements This journey would not have been possible without the support of my family, professors, and friends. To my family, thank you for encouraging me in all of my pursuits and inspiring me to follow my dreams. -
2015-16 PGA TOUR Schedule for RELEASE
2015-2016 PGA TOUR Schedule 2015-2016 FedExCup Season (47 events) DATE TOURNAMENT TV NETWORKS GOLF COURSE(S) LOCATION O 12-18 Frys.com Open GOLF Silverado Resort and Spa (North Course) Napa. CA 19-25 Shriners Hospitals for Children Open GOLF TPC Summerlin Las Vegas, NV N 26-1 CIMB Classic GOLF Kuala Lumpur Golf & Country Club Kuala Lumpur, Malaysia 2-8 World Golf Championships-HSBC Champions GOLF Sheshan International Golf Club Shanghai, China 2-8 Sanderson Farms Championship GOLF Country Club of Jackson Jackson, MS 9-15 OHL Classic at Mayakoba GOLF El Camaleon Golf Club at the Mayakoba Resort Playa del Carmen, MX 16-22 The McGladrey Classic GOLF Sea Island Resort (*Seaside Course, Plantation Course) St. Simons Island, GA BREAK J 4-10 Hyundai Tournament of Champions GOLF Kapalua Resort (The Plantation Course) Kapalua, HI 11-17 Sony Open in Hawaii GOLF Waialae Country Club Honolulu, HI CareerBuilder Challenge PGA WEST (*Stadium Course, Nicklaus Tournament Course); La 18-24 GOLF La Quinta, CA in partnership with the Clinton Foundation Quinta Country Club 25-31 Farmers Insurance Open GOLF / CBS Torrey Pines Golf Course (*South Course, North Course) La Jolla, CA F 1-7 Waste Management Phoenix Open GOLF / NBC TPC Scottsdale (Stadium Course) Scottsdale, AZ *Pebble Beach Golf Links, Spyglass Hill Golf Course, Monterey 8-14 AT&T Pebble Beach National Pro-Am GOLF / CBS Pebble Beach, CA Peninsula Country Club (Shore Course) 15-21 Northern Trust Open GOLF / CBS Riviera Country Club Pacific Palisades, CA 22-28 The Honda Classic GOLF / NBC PGA National