"If the GM bankruptcy filing was supposed to calm the waters, it had the opposite effect at tour headquarters"
/Steve Elling on how little anyone seems to know about what GM's bankruptcy means for the PGA Tour:
If the GM bankruptcy filing was supposed to calm the waters, it had the opposite effect at tour headquarters, where it seems to have fostered more uncertainty, if anything.
“We look forward continuing our discussions with Buick about the future,” the tour said in a three-paragraph statement that created as many questions as it answered.
PGA Tour spokesman Ty Votaw said the organization would have no further comment on the GM situation -- likely because nobody at the tour has a clue about what will happen next, especially since the federal government has assumed partial ownership.
Larry Peck, Buick golf’s marketing chief and the promotions manager for Buick, Pontiac and GM -- three automobile lines that face extinction as GM shutters 12 plants -- did not return a phone call. A tour official said Buick representatives have been prohibited from discussing the status of the tournaments until the dust settles.