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WATSON JOINS ADAMS' FAMILY, INKS DEAL FOR NEW LINE OF CLUBS

          Tom Watson has signed a five-year club deal with TX-
     based Adams Golf, according to Richard Alm of the DALLAS
     MORNING NEWS.  Watson will play with Adams' new line of
     irons, and Alm writes that the deal came together when
     Watson, who "liked" Adams' drivers and fairway woods, called
     the company to "ask whether it had developed irons."  Adams
     doesn't have irons on the market yet, but has a prototype
     set, which Watson tried. In addition to a full bag of Adams
     clubs, not including the putter, Watson will use an Adams
     golf bag and wear an Adams cap during tournaments. 
     Meanwhile, Adams' endorsement deal with PGA golfer Nick
     Faldo "will continue" (DALLAS MORNING NEWS, 8/31).  Watson,
     who ends his 25-year relationship with Ram equipment, will
     begin using the clubs at his Senior Tour debut at the
     Comfort Classic on September 10.  Adams Founder & President
     Barney Adams: "We've made a move that we hope will improve
     our credibility."  Adams has been "frustrated" with its
     stock price this year, which has fallen from a 52-week high
     of $7.25 a share to just over $2 a share (USA TODAY, 8/31).
          ACCOUNT NEWS: Adams named Temerlin McClain, Dallas, as
     its ad agency.  Adams spent around $2M last year on
     advertising.  Carat ICG, L.A., will continue to handle the
     company's media duties (N.Y. TIMES, 8/31).

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