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Thursday
Feb162012

PGA Tour Offering Schwab Cups And Tourney To-Be-Named-Later To Remedy Ironclad Contract Nuisance

Ron Kroichick reports that the pesky "ironclad" PGA Tour contract with the City of San Francisco for a 2013 or '14 penultimate playoff event at Harding Park is leading to a new offer so that Conway Farms can host the BMW Championship in 2013.

"We've told all the parties the same thing throughout this dialogue: Look, we have a contract with the city of San Francisco to bring the penultimate playoff event there in 2013 or '14," tour executive David Pillsbury said Wednesday. "Until we are able to secure approval from the city to do otherwise, we plan on honoring our contractual agreement.

"We're hopeful, but it's not done until it's done. ... I think ultimately (the revised agreement) is good for the game of golf, for San Francisco and for Harding Park."

Rec and Park general manager Phil Ginsburg plans to soon bring the proposal, which includes another marquee PGA Tour event in 2017, '18 or '19, to the commission.

"We are in the process of finalizing an amendment that would move a tour playoff event to 2016 but also add two Schwab Cups," Ginsburg said.

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Reader Comments (2)

“This year the state will directly spend $32 billion on employee pay and benefits, up 65 percent over the past 10 years,” says Crane later. “Compare that to state spending on higher education [down 5 percent], health and human services [up just 5 percent], and parks and recreation [flat], all crowded out in large part by fast-rising employment costs.”

That from a Vanity Fair article written by Michael Lewis (Moneyball, Liar's Poker, etc...) about the state of municipal finance, and California specifically. Some tangential commentary about the parks in there.

The article can be read here: http://www.vanityfair.com/business/features/2011/11/michael-lewis-201111
02.16.2012 | Unregistered CommenterDel the Funk
When you're creating a monster, nobody wants to listen to a voice of reason......until it's too late.
02.16.2012 | Unregistered CommenterD. maculata

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