When You Think of Great Golf Destinations in the United States, San Diego Isn’T on the List, but It Should Be As the City Has It All
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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. -
2015 CORPORATE PARTNERSHIP OPPORTUNITIES March 23-29, 2015 TPC San Antonio
VALERO TEXAS OPEN 2015 CORPORATE PARTNERSHIP OPPORTUNITIES March 23-29, 2015 TPC San Antonio Steven Bowditch 2014 Champion DATES: It’s been a pretty exciting time. March 23-29, 2015 It’s been a little crazy with all the TITLE SPONSOR: congratulations and autographs. Valero Energy Corporation It’s been really overwhelming; it’s SITE: TPC San Antonio a wonderful experience. AT&T Oaks Course – Steven Bowditch World Golf Hall of Fame member and renowned golf 2014 Champion course architect Greg Norman, together with player consultant and current PGA TOUR star, Sergio Garcia, CONTENTS: masterfully designed the par-72, 7,522-yard AT&T Oaks Course at TPC San Antonio, a part of the JW Marriott H Tournament Facts San Antonio Hill Country Resort and Spa. H Tournament Recap H Growth Trends and Demographics BROADCAST: H Charitable Initiatives Golf Channel & NBC H Sponsors DEFENDING CHAMPION: H 2014 Tournament Players Steven Bowditch (69-67-68-76--280) H Past Champion Highlights H Setting The Stage FIELD SIZE: H Corporate Hospitality & Entertainment 144 Players H Branding H Special Events PRIZE MONEY: $6.2 Million Purse ($1,116,000 to winner) • Pro-Am Experiences • Valero Junior Texas Open TOURNAMENT MANAGED BY: • Night To Honor Our Heroes Presented by USAA • Astellas Presents Executive Women’s Day • Private Corporate Functions 1 2014 TOURNAMENT RECAP GROWTH TRENDS (Percentage Increase from Prior Year) Never before, in the Texas Open’s 92-year history, have so many gathered to experience San Antonio’s annual PGA Attendance DEMOGRAPHICS TOUR stop. Record crowds at TPC San Antonio along with millions of television viewers from around the globe 21.4% witnessed some of the game’s biggest and brightest stars, 200% Gender SA Zip Codes including Phil Mickelson, Matt Kuchar, Jimmy Walker, Zach Johnson, Ernie Els, Jordan Spieth and Jim Furyk 2014 Male 74% 78258 to name just a few, as they navigated their way around 2013 22% 2012 the challenging AT&T Oaks Course in the hopes of being Female crowned Valero Texas Open Champion. -
Georgia Hall Ambassadorship Announcement
WENTWORTH NAMES GEORGIA HALL AS AMBASSADOR London, May 2019: Wentworth Club, the world-famous Golf and Country Club, has announced current Women’s British Open title holder Georgia Hall as Ambassador. The 23-year-old English professional golfer will utilise Wentworth’s 3 Geo-certified Championship 18-hole courses as her home training base over the next three years. The former British number one will take full advantage of the vast facilities the Club has to offer; from Championship golf courses, to state-of-the-art driving range and practice facilities, and an overall enhanced wellness offering at the Tennis & Health Club. "I was delighted to be invited to be Ambassador at Wentworth, as I’ve always aspired to have access to leading practice facilities such as theirs. Practice has never been this fun. I’m spoiled by the technology available to support in advancing my game, not to mention the beautiful gym and spa spaces. The Members and all staff at the club have made me feel extremely welcome and I look forward to strengthening my relationship with all.” Georgia Hall “We are delighted to announce that Georgia Hall has joined Wentworth Club as our new golf ambassador. Bringing youth, skill and passion to Wentworth, we are excited by this new relationship and the opportunities it will provide to our Members.” Woraphanit Ruayrungruang (Wentworth Director) www.wentworthclub.com For press enquiries please contact: Kelly Hogarth [email protected] NOTES TO EDITORS About Wentworth Club For more than nine decades Wentworth Club has been regarded as one of the world’s finest and most prestigious golf and country clubs, famous as the home of the BMW PGA Championship since 1984, host venue to the World Match Play for 43 years and the birthplace of the Ryder Cup. -
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 -
19 Michigan Golf Hall of Fame Welcomes Janke
These Guys are Good?! Michigan Golf Hall of Fame By Jeff Bairley Welcomes ast Sunday I went to the 90th PGA Championship at Oakland Hills. It had been Janke, Leeke, Morgan and awhile since I’d attended a profes - Lsional golf tournament. It’s hard to say whether I was more excited to be Salutes the Buick Open a spectator at the PGA or a concert By Michigan Golf Foundation goer at the heavy metal festival I full spectrum of golf in Michigan a varsity sport. Leeke was inducted attended the night before. In many was honored May 18 at into the Northwestern Athletic Hall ways, the anticipation was exactly Indianwood Golf & Country Club of Fame in 1992 although the the same, aside from the obvious in Lake Orion when Ken Janke, Meriam school didn’t hand out varsity let - n o aesthetic and sonic differences. i Bailey Leeke and John Morgan will be t ters to all the past women athletes a A d n inducted into the Michigan Golf Hall of u until a special ceremony at half - o F f 19 Despite the lack of the tradition - Fame and the Buick Open was given a spe - l time of a football game in 2002. 18 o G al big “rock star” names in the cial award as it celebrates its 50th anniver - n a g i field and the less-than-ideal weath - h c Leeke’s father, who played foot - sary as the state’s long-running PGA Tour i M er at Oakland Hills, people showed e ball at Illinois with Red Grange, event. -
Pre-Tournament Notes
On-site PGA TOUR media contact: Mark Williams, Communications Director (904) 655-5380 | [email protected] 2019 Barracuda Championship Pre-Tournament Notes Dates: July 22-28, 2019 Where: Reno, Nevada Course: Montreux Golf & Country Club Par/Yards: 36-36—72/7,472 yards Field: 132 2018 champion: Andrew Putnam Purse: $3,500,000/$630,000 (winner) FedExCup: 300 points to the winner Format: 72-hole Modified Stableford Things to Know • Tournament is 21 st consecutive at Montreux G&CC, a Jack Nicklaus Signature course in the foothills of the Sierra Nevada mountain range, 5,500 feet above sea level (second-highest course on TOUR behind Chapultepec GC) • List of past champions includes major champions Geoff Ogilvy and Gary Woodland • With two weeks (three events) remaining until the FedExCup Playoffs, all but three players ranked 126-135 in the FedExCup are in the field • Notable players in the field and currently outside the top 125 in the FedExCup standings include Bill Haas (137), Beau Hossler (140), Martin Kaymer (149), Sam Saunders (167) and Brendan Steele (169) • Sponsor exemptions include Special Temporary Member Collin Morikawa who has posted T2 and T4 in his last two starts • Longtime Barracuda Championship volunteer Henry ‘Skip’ Monge, the 2018 PGA TOUR Volunteer of the Year, passed away recently following a battle with cancer Notes on the field • Players in top 30 in the FedExCup standings: Ryan Palmer/No. 23 • FedExCup champions: Bill Haas (2011) • THE PLAYERS champions: Martin Kaymer (2014), David Duval (1999) • Major champions: Padraig Harrington (3), John Daly (2), Martin Kaymer (2), David Duval, Mike Weir, Y.E. -
Official Media Guide
OFFICIAL MEDIA GUIDE OCTOBER 6-11, 2015 &$ " & "#"!" !"! %'"# Table of Contents The Presidents Cup Summary ................................................................. 2 Chris Kirk ...............................................................................52 Media Facts ..........................................................................................3-8 Matt Kuchar ..........................................................................53 Schedule of Events .............................................................................9-10 Phil Mickelson .......................................................................54 Acknowledgements ...............................................................................11 Patrick Reed ..........................................................................55 Glossary of Match-Play Terminology ..............................................12-13 Jordan Spieth ........................................................................56 1994 Teams and Results/Player Records........................................14-15 Jimmy Walker .......................................................................57 1996 Teams and Results/Player Records........................................16-17 Bubba Watson.......................................................................58 1998 Teams and Results/Player Records ......................................18-19 International Team Members ..................................................59-74 2000 Teams and Results/Player Records -
31St PGA Grand Slam of Golf
31ST PGA GRAND SLAM OF GOLF Newsletter No. 1 | April 2013 www.PGA.com ADAM SCOTT BECOMES FIRST AUSTRALIAN TO WIN THE MASTERS; BOOKS FIRST BERTH IN 2013 PGA GRAND SLAM OF GOLF Padraig Harrington 2012 PGA Grand Slam of Golf Champion 2013 MAJOR GOLF CHAMPIONSHIPS TH • 77 MASTERS Clutch putts on a rainy Sunday in Augusta help Winner: Adam Scott Adam Scott win his first major title and gain entry to the 2013 PGA Grand Slam of Golf • 113TH U.S. OPEN June 13 - 16 Adam Scott let one major championship slip out the outcome … that if I make it I win. You find • 142ND OPEN CHAMPIONSHIP of his grasp last summer, but transformed into a out how much you really want it.” July 18 - 21 closer on a wet Sunday at Augusta National Golf TH Last summer, Scott threw away the Open • 95 PGA CHAMPIONSHIP Club, ending more than a half-century of August 8 - 11 Championship at Royal Lytham & St. Annes, Australian frustration at the Masters. England, making bogey on his last four holes to Scott made a 20-footer for birdie on the 18th lose by one stroke to Ernie Els. The 32-year-old hole of regulation, then captured his first major handled that defeat with dignity and pledged to championship with a 12-footer for birdie on the finish stronger if given another chance. second hole of a sudden-death playoff with “Lytham gave me the belief that I could win a Argentina’s Angel Cabrera. major championship, even though I lost,” said “We like to think we’re the best at everything. -
Davis Love III and Rich Beem Round Out
FOR IMMEDIATE RELEASE: April 23, 2021 Davis Love III and Rich Beem Round out International Field Set for 2021 Insperity Invitational in Texas 2021 field boasts 11 World Golf Hall of Fame Members, more than 20 PGA TOUR major winners, 15 countries THE WOODLANDS, TX— Two major winners on the PGA TOUR, Davis Love III and Rich Beem, will round out a stellar international field that is now set to tee it up at the 2021 Insperity Invitational presented by UnitedHealthcare in The Woodlands, TX, April 30 – May 2. Davis Love III became the 11th World Golf Hall of Fame member to commit to the return of the PGA TOUR Champions event at The Woodlands Country Club Tournament Course following a one-year pause due to COVID-19. The two-time U.S. Ryder Cup captain (2016 and 2012) who played on six teams himself, racked up 21 wins on the PGA TOUR. His last triumph came in 2015 at the Wyndham Championship in Mamaroneck, New York, making him the third-oldest golfer ever at 51 to win on the PGA TOUR. Love III, who is still working towards his first victory on the over 50 swing, was in the top-10 on the Official World Golf Rankings for more than 450 weeks throughout his career. His biggest win on Tour came at the 1997 PGA Championship when we captured his major win at Winged Foot Golf Club. Love III was inducted into the World Golf Hall of Fame in 2017. Other World Golf Hall of Famers who have booked their tickets to The Woodlands includes: Ernie Els; Retief Goosen; Tom Kite; Bernhard Langer; Sandy Lyle; Colin Montgomerie; Mark O’Meara; Jose Maria Olazabal; Vijay Singh and Ian Woosnam. -
Wentworth Club, West Course, London
WENTWORTH CLUB, WEST COURSE, LONDON Host of the BMW PGA Championship, Renovation Completed 2016 A TRUE SOUTH AFRICAN ORIGINAL ERNIE ELS DESIGN IS A FULL-SERVICE GOLF COURSE DESIGN COMPANY WHOLLY OWNED BY ITS PRINCIPAL, FOUR-TIME MAJOR CHAMPION AND WORLD GOLF HALL OF FAMER ERNIE ELS. The international scope of Ernie’s 70 professional career victories is mirrored in the increasingly global reach of his designs, with signature courses and renovations making an impact in emerging and established golf markets alike. Ernie Els Design enjoys unique relationships with the world’s finest developers who share the company’s ambitions, creating attractive destinations that adhere to the principles of sustainable development and sound environmental practice. The company employs the most experienced staff – including leading architect Greg Letsche as its senior design associate – and the latest technology from its two offices in Florida and South Africa. With additional field offices in Singapore and Dubai, the company provides a near 24-hour service and applies the latest technologies and expertise to service our development partners and clients throughout the world. Since its formation in 2000, the company has received global recognition with a string of prestigious accolades. Notably, in 2015 Ernie was voted ‘Designer of the Year’ at the World Golf Awards. In addition, many of Ernie’s signature courses have won prestigious industry awards including ‘Best New Golf Course in the World’ for The Els Club Teluk Datai in 2014. In 2016, it also became the first layout in the Ernie Els Design portfolio to be listed in Golf Digest’s prestigious ‘World Top-100’. -
120Th U.S. OPEN CHAMPIONSHIP – FACT SHEET
120th U.S. OPEN CHAMPIONSHIP – FACT SHEET Sept. 17-20, 2020, Winged Foot Golf Club (West Course), Mamaroneck, N.Y. 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 PAR AND YARDAGE Winged Foot Golf Club’s West Course will be set up at 7,477 yards and will play to a par of 35-35—70. The yardage for each round of the championship will vary due to course setup and conditions. HOLE BY HOLE Hole 1 2 3 4 5 6 7 8 9 Total Par 4 4 3 4 4 4 3 4 5 35 Yards 451 484 243 467 502 321 162 490 565 3,685 Hole 10 11 12 13 14 15 16 17 18 Total Par 3 4 5 3 4 4 4 4 4 35 Yards 214 384 633 212 452 426 498 504 469 3,792 ARCHITECTS Winged Foot Golf Club’s West Course was designed by A.W. Tillinghast and opened for play on Sept. 8, 1923. Tillinghast, who also designed Winged Foot’s East Course, competed in two U.S. Opens and eight U.S. Amateurs between 1902 and 1912. Gill Hanse supervised a renovation of the West Course and that work was completed in 2017. He had previously renovated the East Course. COURSE RATING AND SLOPE Based on the course setup for the championship, the Course Rating™ for Winged Foot Golf Club (West Course) is 76.9 and its Slope Rating® is 146. -
120Th U.S. OPEN CHAMPIONSHIP – FACT SHEET
120th U.S. OPEN CHAMPIONSHIP – FACT SHEET Sept. 17-20, 2020, Winged Foot Golf Club (West Course), Mamaroneck, N.Y. 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 PAR AND YARDAGE Winged Foot Golf Club’s West Course will be set up at 7,477 yards and will play to a par of 35-35—70. The yardage for each round of the championship will vary due to course setup and conditions. HOLE BY HOLE Hole 1 2 3 4 5 6 7 8 9 Total Par 4 4 3 4 4 4 3 4 5 35 Yards 451 484 243 467 502 321 162 490 565 3,685 Hole 10 11 12 13 14 15 16 17 18 Total Par 3 4 5 3 4 4 4 4 4 35 Yards 214 384 633 212 452 426 498 504 469 3,792 ARCHITECTS Winged Foot Golf Club’s West Course was designed by A.W. Tillinghast and opened for play on Sept. 8, 1923. Tillinghast, who also designed Winged Foot’s East Course, competed in two U.S. Opens and eight U.S. Amateurs between 1902 and 1912. Gill Hanse supervised a renovation of the West Course and that work was completed in 2017. He had previously renovated the East Course. ENTRIES The championship is open to any professional golfer and any amateur golfer with a Handicap Index® not exceeding 1.4. Since 2012, the USGA has annually surpassed the 9,000 mark in entries, with a record 10,127 entries accepted for the 2014 U.S.