When you come to think of it that is the secret of most of the great holes all over the world. They all have some kind of a twist. C.B. MACDONALD
Pro V1s Promise Not To Get Emotional On You As Highly Anticipated Anniversary Nears
/Golf World Monday notes the 10-year anniversary of the paradigm-shifting introduction of Titleist's Pro V1 this week. Confirming that the fall is indeed a slow news time in golf.
“We’ll recommend another 80 rooms to the next owners.”
/Shocker: Sea Island Execs Took Bonuses As They Ran Place Into Ground
/Wedge Sales Up; Manufacturers Still Miserable
/You Know It's Bad In Sea Island When They Can't Pay The Polo Bill
/That's like the water bill to those people!
Yes, the heartbreaking news has arrived that Polo Ralph Lifshitz Lauren isn't getting paid by Sea Island. If ever a place personified The Brand, it's Sea Island.
Not anymore!
“Everything -- Adidas, Puma, Nike, except the Tiger brand.”
/"They (the USGA) want to have data to present against emotional arguments."
/Ryan Ballengee adds a few important details about the USGA's ball testing event in Canada and features quotes from an equipment company goon perspective.
"[The] USGA may have progressed on collecting data with short distance balls," the source said. "[A] few years ago, OEMs were asked to provide balls with 20% less driver distance."
So, is there a desire to roll the ball back?
The source says the data collection may be done in the event that a ball rollback is eventually needed, but that it is not imminent because of the flattening of distance increases in the last three years.
The source added, "They (the USGA) want to have data to present against emotional arguments."
Actually, the manufacturers getting emotional on this topic clouded their judgment and has them now boxed in a corner with little wiggle room for club innovation. All to protect those little white balls that we'll always have to buy to play the game, no matter how far they fly.
"Sea Island Co. will operate as usual until the deal is closed." **
/Sea Island Sold For $179.5 Million
/WSJ's Carrick Mollenkamp and Lingling Wei report that investors are walking away from $340 million in debt. Thanks to reader Stone for this:
As part of a pact expected to be announced Wednesday, funds managed by Oaktree Capital Management LP of Los Angeles and Avenue Capital Group in New York have agreed to pay $197.5 million in cash for Sea Island. Under the deal, Sea Island also is expected to seek bankruptcy-court protection Wednesday.
The 84-year-old resort is famed for its Cloister hotel, four golf courses, exclusive clubs, a private development called Ocean Forest Golf Club, and hosting a Group of Eight summit in 2004. Sea Island hit a financial wall when it couldn't repay debt taken on by Bill Jones III, the company's chief executive and the fourth generation of his family to lead Sea Island, as part of a $395 million renovation and expansion of the resort in 2006 and 2007.