PGA Tour ex­tends deal with FedEx

New Straits Times - - Sport -

NEW YORK: The PGA Tour and FedEx have agreed on a new 10year con­tract ex­ten­sion with the Amer­i­can ship­ping gi­ant spon­sor­ing the FedEx Cup and the four-tour­na­ment play­offs through 2027, Tour com­mis­sioner Jay Mon­a­han has said.

The courier ser­vices com­pany, which part­nered the PGA Tour in 1985, started the sea­son-long FedEx Cup com­pe­ti­tion in 2007 with the win­ner re­ceiv­ing $35 mil­lion (RM157.5 mil­lion) in bonus money.

“As we went through this process, we’ve iden­ti­fied a num­ber of ways for us to con­tinue to en­hance the mag­ni­tude and con­se­quence of the FedEx Cup, and that’s com­pli­cated,” Mon­a­han told re­porters with­out re­veal­ing fi­nan­cial de­tails of the new deal.

“I’m re­ally com­fort­able with where the Cup is and ex­cited about the flex­i­bil­ity that this gives us on a long-term ba­sis.”

Ac­cord­ing to me­dia re­ports, ma­jor sched­ul­ing changes are be­ing planned and the US PGA Cham­pi­onship could take place in May in­stead of Au­gust in an ef­fort to end the golf sea­son be­fore the Amer­i­can foot­ball cam­paign be­gins in Septem­ber.

“Right now the sched­ule that we play is the sched­ule we’re go­ing with and will be go­ing with for the fore­see­able fu­ture,” Mon­a­han said.

“Whether or not we make any changes, we haven’t made any firm de­ci­sions, but that is what I’m re­fer­ring to when I talk about flex­i­bil­ity...”

“I’m not say­ing we’re mak­ing sched­ul­ing changes. I am say­ing that we’ve got a com­mit­ment through this agree­ment to sig­nif­i­cantly raise the con­se­quence of the Cup.”

De­fend­ing FedEx Cup cham­pion Rory McIl­roy could see logic be­hind the change.

“I can def­i­nitely see the rea­sons for it. We would have a big event ev­ery month. Then the FedEx run would be a lit­tle ear­lier and not clash with the (Amer­i­can) foot­ball. I can def­i­nitely see why that would hap­pen,” McIl­roy said.

The Play­ers Cham­pi­onship be­gins to­day and the PGA Cham­pi­onship will be held in Au­gust at the Quail Hol­low Club in Char­lotte, North Carolina. Reuters

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