Finchem Tour cutting costs not work force

By Associated PressDecember 20, 2008, 5:00 pm
THOUSAND OAKS, Calif. ' The PGA Tour does not plan to cut its work force as other sports organizations have done, commissioner Tim Finchem said Saturday in reflecting on what he called a solid financial performance in golf.
Finchem said the Tour has cut travel, entertainment and other costs in trying to add to its reserves during a tough economy.
Layoffs, weve been able to avoid to date, he said at the Chevron World Challenge after having lunch with host Tiger Woods.
Weve stopped short of saying, One of the ways were going to tighten our belt is to take some percentage of people and rationalize why they shouldnt be part of the organization, he said. At least at this moment, were protecting ourselves financially.
If there are to be job cuts, Finchem suggested it might be through attrition.
Our strategy is to look carefully at people, he said. If theres an opportunity here or an opportunity there to combine jobs, well do that. Were not going to take a Lets cut 10 percent of our work force attitude.
Finchem said he sent a five-minute video to players and their agents, asking them to consider playing a few more tournaments and taking an extra step to make sure the sponsors get their value. He referred to it as a reminder, saying most players already do that.
But he was concerned about the automakers crisis, particularly in the United States, because Buick sponsors two PGA Tour events and Chrysler is a sponsor of another. Buick already has agreed to end its endorsement with Woods one year early.
The Tour is fully sponsored for next year, with a slight increase in purses, although Finchem expects charity donations to drop next year. He said the tour has planned for such economic times, which he said any U.S. business can expect every four to five years.
Were not just focused on how we deal with next year, Finchem said. Were focused on coming out of this cycle in a very strong position to take advantage of the up cycle, and weve got to be careful that we dont do things just to make us feel good about the way were cutting costs.
Finchem said the Tour will add some $3 million to its operating reserves through reduced spending, and he referred to the 2008 season as a solid financial performance.
He would not have guessed that with Woods not playing after the U.S. Open because of season-ending knee surgery, or going up against the Olympics in August. Even so, I doubt well sustain that in 2009.
Well take our hits. Theres no question about that, Finchem said. Hopefully, those hits wont derail us from delivering the product to the public and maintaining our charitable base.
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  • Day (68) just one back at Australian Open

    By Nick MentaNovember 24, 2017, 6:40 am

    Jason Day posted a second-round 68 to move himself just one off the lead held by Lucas Herbert through two rounds at the Emirates Australian Open. Here’s where things stand after 36 holes in Sydney.

    Leaderboard: Herbert (-9), Day (-8), Cameron Davis (-7), Anthony Quayle (-6), Matt Jones (-4), Cameron Smith (-4), Nick Cullen (-4), Richard Green (-4)

    What it means: Day is in search of his first worldwide victory of 2017. The former world No. 1 last visited the winner’s circle in May 2016, when he won The Players at TPC Sawgrass. A win this week would close out a difficult year for the Aussie who struggled with his game while also helping his mother in her battle with cancer. Day’s last victory on his native soil came in 2013, when he partnered with Adam Scott to win the World Cup of Golf for Australia at Royal Melbourne.

    Full-field scores from the Emirates Australian Open

    Round of the day: Herbert followed an opening 67 with a round of 66 to vault himself into the lead at The Australian Golf Club. He made six birdies, including four on his second nine, against a lone bogey to take the outright lead. The 22-year-old, who held the lead at this event last year and captured low-amateur honors in 2014, is coming off a runner-up finish at the NSW Open Championship, which boosted him from 714th to 429th in the Official World Golf Ranking. His 5-under score was matched by Dale Brandt-Richards and Josh Cabban.

    Best of the rest: Matt Jones, who won this event over Jordan Spieth and Adam Scott two years ago, turned in 4-under 67. Jones is best known to American audiences for his playoff victory at the 2014 Shell Houston Open and for holding the 36-hole lead at the 2015 PGA Championship at Whistling Straits, which was eventually won by Day. Jones will start the weekend five shots off the lead, at 4 under par.

    Biggest disappointment: Spieth has a lot of work to do this weekend if he expects to be in the title picture for the fourth year in a row. Rounds of 70-71 have him eight shots behind the lead held by Herbert. Spieth made a birdie and a bogey on each side Friday to turn in level par. The reigning champion golfer of the year has finished first, second and first at this event over the last three years.

    Storyline to watch this weekend: The Australian Open is the first event of the 2018 Open Qualifying Series. The leading three players who finish in the top 10 and who are not otherwise exempt will receive invites into next summer’s Open Championship at Carnoustie.

    Ogilvy urges distance rollback of ball

    By Golf Channel DigitalNovember 23, 2017, 8:49 pm

    Add Geoff Ogilvy to the chorus of voices calling for a distance rollback of the golf ball.

    In an interview before the start of the Emirates Australian Open, Ogilvy said a "time-out" is needed for governing bodies to deal with the issue.

    "It's complete nonsense," he said, according to an Australian website. "In my career, it’s gone from 300 yards was a massive hit to you’re a shorter hitter on tour now, legitimately short. It’s changed the way we play great golf courses and that is the crime. It isn’t that the ball goes 400, that’s neither here nor there. It’s the fact the ball going 400 doesn’t makes Augusta work properly, it functions completely wrong.’’

    Full-field scores from the Emirates Australian Open

    Ogilvy used an example from American baseball to help get his point across to an Australian audience.

    “Major League Baseball in America, they use wooden bats, and everywhere else in baseball they use aluminium bats,’’ he said. “And when the major leaguers use aluminium bats they don’t even have to touch it and it completely destroys their stadiums. It’s just comedy.

    “That’s kind of what’s happened to us at least with the drivers of these big hitters; We’ve completely outgrown the stadiums. So do you rebuild every stadium in the world? That’s expensive. Or make the ball go shorter? It seems relatively simple from that perspective.’’

    Ogilvy, an Australian who won the 2006 U.S. Open, said he believes there will be a rollback, but admitted it would be a "challenge" for manufacturers to produce a ball that flies shorter for pros but does not lose distance when struck by recreational players.

    The golf world celebrates Thanksgiving

    By Golf Channel DigitalNovember 23, 2017, 6:01 pm

    Here's a look, through social media, at how the golf world celebrates Thanksgiving.

    Lexi Thompson:

    Baking time!!

    A post shared by Lexi Thompson (@lexi) on

    David Feherty:

    Jack Nicklaus:

    GC Tiger Tracker:

    Steve Stricker:

    Golf Channel:

    Frank Nobilo:

    Ian Poulter:

    Tyrone Van Aswegen:

    Happy Thanksgiving: Biggest turkeys of 2017

    By Grill Room TeamNovember 23, 2017, 3:00 pm

    Thanksgiving brings us golf's biggest turkeys of the year. Donald Trump, Grayson Murray and a certain (now-former) tournament director headline the list. Click here or on the image below to check out all the turkeys.