Menu
Download the app

SBJ subscribers – Enhance your experience with the revamped iOS app

Leagues and Governing Bodies

PGA TOUR'S FINCHEM HOLDS FIRM ON WORLD TOUR VIEWS

     PGA Tour Commissioner Tim Finchem, "the man with the soft
CEO demeanor who governs a normally laid-back sport, has turned
tough guy and is playing hardball."  Finchem said the PGA Tour
will suspend players who choose to play events, without
permission, on the newly created World Tour (Glenn Sheely,
ATLANTA CONSITUTION, 11/30).  Finchem: "If a new tour becomes a
reality in 1995 or thereafter, our members will have to decide
whether they want to continue to play on the PGA Tour or play on
a new tour.  This is not dissimilar from the decisions [pro]
athletes in other sports were forced to make when competing
leagues were formed."  Finchem laid out some points that need to
be considered when forming more int'l events:  The size of the
field, eligibility, purse breakdown/money guarantees, event
selection, charity and governance.  Finchem: "I would invite all
PGA Tour members, including Greg Norman, and all other
individuals and organizations involved in the world of golf to
work together to consider a series of international competitions
which could meet the above criteria" (PGA Tour).
     ON THE FTC PROBE:  Finchem also addressed the current FTC
investigation of the PGA Tour: "We believe the FTC staff's
position is not well-founded.  These rules (a) have been
responsible for tremendous growth in professional golf output in
this country (whether measured by number of professional golfers,
number of competitive tournament opportunities, amount of golf on
television or prize money); (b) have provided in excess of $250
million in charitable contributions over the years; and (c) form
the basis for the structure of the sport of golf that is superior
to the structure of any other professional sport" (PGA Tour).
Finchem said the FTC process could take 4-5 years, and it is
possible the PGA Tour will ask for some intervention from
Congress (WASHINGTON POST, 11/30).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1994/11/30/Leagues-Governing-Bodies/PGA-TOURS-FINCHEM-HOLDS-FIRM-ON-WORLD-TOUR-VIEWS.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1994/11/30/Leagues-Governing-Bodies/PGA-TOURS-FINCHEM-HOLDS-FIRM-ON-WORLD-TOUR-VIEWS.aspx

CLOSE