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KARSTEN CHANGES POLICY ON ENDORSEMENT DEALS FOR PING PRODUCTS

          For the first time in its 36-year history, Karsten
     Manufacturing, the maker of Ping equipment, will start paying
     up-front money and performance bonuses to its tour staff,
     according to GOLFWORLD.  The announcement is a "bold move"
     since Karsten is abandoning its "hard-line stance against
     giving marquee players guaranteed contracts and bonuses" as
     well as its performance pool for touring pros.  The company
     had paid players a percentage against earnings based on how
     many Ping clubs they used and the strength of the field they
     competed against.  Karsten has since informed "some of the
     lower-tier Ping players" that the pool would be terminated at
     the end of the '97 season, and they "would not be offered
     endorsement contracts."  Karsten does "wants to keep" Jeff
     Maggert, Paul Stankowski, Tommy Tolles and Tim Herron and is
     pursuing Phil Mickelson (GOLFWORLD, 9/5 issue). GOLFWEEK's
     Achenbach & Hewitt report that Nick Faldo "also appears to be
     in Karsten's sights."  Faldo tested the company's irons at
     last month's Sprint Int'l.  He is under contract to play
     Mizuno equipment through April '98 (GOLFWEEK, 9/6 issue).

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