"The governing bodies have looked into what happened and uniformly said stop what you’re doing, but you haven’t done anything wrong."

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I've intentionally ignored the stories of the gambling accusations leveled against Ted Forstmann since it sounded like a frivolous lawsuit and blackmail attempt. Yet in this interview with Darren Rovell, I couldn't help but find his answer strange.
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Finchem: Everything's On The Uptick! Or Is That Uptake?

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I was unable to sit in on Tim Finchem's year-end press conference but all of the questions I would have wanted to ask came up. It's a fascinating, slightly shocking and at times mesmerizing script to wade through. It's also one that I think we'll look back on a year from now and think either,

A) the man really knew his partners, the corporate world and his "product" and its ability to lure the networks into a lucrative new deal

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"So a golf company purchase is a long shot -- at best."

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Mike Stachura and E. Michael Johnson consider the possible options for an Acushnet sale or spin off and conclude that private equity or Asian sporting goods will be the likely suitors. There was this on the bottom line...

But more importantly, Titleist has real profits and real dominance in the marketplace. Its EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) is approximately $120 million and historically sporting goods transaction multiples are between six and eight times EBITDA. Acushnet being an industry leader would seem to command the high end of that so let's start the bidding at $1 billion. Or possibly beyond.