Today In Bad Golf Course Business News...

J. Scott Trubey and Bill Torpy do a full autopsy on the Reynold's Plantation situation and its uncertain future.

“They were the Cadillac of development; they under-promised and over-delivered,” said state Rep. Mickey Channell, R-Greensboro, a 25-year Reynolds Plantation homeowner. “Based on their history, it was assumed they’d get through this.”

But the 3,600 Reynolds property owners soundly rejected Reynolds’ plan. After the vote, his business was placed into receivership, a move short of foreclosure. Now, a guardian is managing the Plantation and three other communities owned by Reynolds while the banks try to find a buyer or work out another deal with him. In all, 9,000 acres of his corporations’ property, about half its holdings, is held as collateral, is at stake.

And thanks to reader Del for Toby Tobin's analysis of Palm Coast golf courses dropping 71% in assessed value since 2008.

Ernie: Euro PGA Tops TPC Because Of Me!

Tony Jimenez tells us about Ernie Els' pre-BMW Championship self-congratulatory back-patting over this year's redo of last year's redo at Wentworth.

I know, I know, you'd think he might be a bit more humble since he's a year removed from unraveling over having to fix a renovation which in places was so horrendous that no one could stand to play another tournament over it. Instead, he came out swinging!

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"Funny that 'Tee Forward' program suggests a professional play courses 7,700 to 7,900 long. Only one such course on PGA Tour - Cog Hill"

So here's something I can't reconcile with the announcement of the USGA-PGA of America "Play it Forward" campaign to play the proper tees to help make the game more fun and faster. 

There is no question too many golfers play the wrong tees. Men letting machismo get in the way are the most obvious candidates to play it forward, as are a surprising number of lower handicap female golfers.

Quite often, folks play too far back because they want to feel connected to golf at the elite level. After all, they buy the same clubs the pros use and on occasion, hit a drive they think is as long as the big boys and in general, buy into marketing that connects the everyday game with the professional. Shoot, we've all be guilty of it and there's nothing wrong with wanting to walk in the footsteps of elite players. Some of us even believe that keeping that connection is a good reason to restrict equipment for professionals.

So now we have the USGA telling us that 7,600 to 7,900 yards is the proper yardage for those big boys. Doug Ferguson noted what makes this so humorous:

While the governing bodies are against bifurcation of the game via a tournament ball or a special rules for professional equipment (well, except grooves), the Play It Forward campaign acknowledges a massive divide between the PGA Tour professional and the amateur. So massive, that only one course on the PGA Tour qualifies as the appropriate yardage in the eyes of the PGA of America and USGA!

"All in all, it is only the latest twist in an unusual ride"

In Doug Ferguson's story on Mark Steinberg leaving IMG, he writes:

Woods has a close relationship with Steinberg, a reserve on the Illinois basketball team that went to the Final Four in 1989. If he were to leave IMG and stay with Steinberg, it likely would not make much of a difference in his golf schedule or even his endorsements, as Steinberg did most of that work.

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Tiger: "I’m a lot better off."

Not really.

The press conference to launch this year's AT&T National at Aronimink offered yet another less-than-pretty look into the world of Tiger Woods' post accident media management. Instead of simply appearing, answering questions and doing his part to promote an event that his name clings to by a thread, Woods used an probably planned-for $1 million foundation donation as a backdoor way of showing the deep rage he holds toward a golf media that once kissed his feet and now which poses straightforward questions about his game and physical well being.

 

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Get Your Tiger Woods Bingo Boards Out...

It is what it is, it's a process, it's all right in front of you, will follow the docs orders...

MEDIA ALERT
 
Golf Channel to Air Tiger Woods’ AT&T National News Conference, Tuesday at 11 a.m. ET
 
ORLANDO, Fla., (May 23, 2011) - Golf Channel Tuesday will air live Tiger Woods’ news conference from Aronimink Golf Club in Newton Square, Penn.  Coverage will begin at 11 a.m. ET and will continue until the conference concludes.  The news conference is a part of media day for the 2011 AT&T National, a PGA TOUR event benefiting the Tiger Woods Foundation.

Kelly Tilghman will anchor coverage, and will be joined by GolfChannel.com senior writer Jason Sobel from the network’s Orlando studios.

“I’ve noticed more and more people I used to count on for 36 holes saying, ‘Uh, I don’t think I’ll play another 18."

Far be it for me to question Mike Keiser's business acumen, but I'm still trying to wrap my head around the concept of a $100, 13-hole par-3 course to compliment the full-length courses at Bandon Dunes. Thanks to reader Bob for Mike Stahlberg's story about the latest Coore-Crenshaw-The Boys addition to the resort

Featuring holes ranging from 65 to 180 yards in length, Bandon Preserve sits atop a swath of sand dunes that tumble toward the Pacific just west of the first tee at Bandon Trails.

The site is bounded by the beach on the west, Cut Creek on the north and McKee Preserve on the south.

The land affords some spectacular ocean views and contains “a lot of great golf terrain,” Keiser said.

That inviting terrain is the second reason, Keiser said, that he decided to build a par-3 for those “aging Boomers to have a golf experience in the afternoon.”

The Preserve course has already been roughed out and shaped.

After irrigation and drainage systems are installed, the goal is to have it seeded by June.
Public play is expected to begin in mid-2012.

“Now that we see how good it will be — because I think it’ll really be super, and much more popular than I ever thought — we’re going to charge a lot and give profits to the south coast conservation effort,” Keiser said.

“We think we’ll charge $100.”