Thursday
21Aug
"That's approximately 40 percent of the primary-event sponsors."
Thanks to reader Steven T. for Bill Huffman's look at the struggles of FBR, title sponsor for the PGA Tour's Scottsdale stop. Huffman leads with this:
With America's financial sector struggling mightily, it is significant to note that 15 of 37 PGA Tour regular-season events - major championships and fall season excluded - are sponsored by banks or investment firms.
That's approximately 40 percent of the primary-event sponsors.
And this is not good for an overpaid VP who wants to be the next severely overpaid Commish:
Rick George, the executive vice president and chief of operations for the PGA Tour, responded: "We're planning to have another great FBR Open again next year."
Asked if the PGA Tour was aware of FBR's financial struggles, George, who took over his new duties just a few months ago, said: "No, I'm not in tune with that."
Thursday, August 21, 2008 at 08:20 AM
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Reader Comments (6)
Imagine these guys playing for $100,000 first place check again.
Gotta think Rick George will be in 'tune' after receiving his calll from the commish if his answer to this question was half serious.
Take this advice from a ditch digger, your reply should be " We are looking forward to another great year in 2009 and if there are any changes in the schedule, we'll let you know. "
Rick George might very well use UPS for shipping.
Will the PGA Tour be prepared? Probably not.