To clarify something about the FedEx cup deal... this was just reported yesterday, via Golf Channel.
**PONTE VEDRA BEACH, Fla. – Along with the announcement on Tuesday that the PGA Tour has reached a new, 10-year agreement with FedEx to sponsor the circuit’s season-long points race came news that the deal includes a category exclusivity clause.
According to sources, the clause will keep players from participating in the season-long race if they have endorsement deals with one of FedEx’s competitors.
“All I'm going to say on that front is when you're in business with someone for 30 years, and you're about to commit to 10 more, you do some things to protect each other on a long-term basis,” commissioner Jay Monahan said. “That's what we've done in this agreement, and our players know that; our players understand it; our players think so highly of FedEx and what they've meant to them in terms of playing financial opportunities. So we do everything we can to protect our partners.”
Lee Westwood and Louis Oosthuizen both have endorsement deals with UPS but have been grandfathered in and will not be impacted. Their manager, ISM’s Chubby Chandler, said he has not received any official correspondence from the Tour regarding the sponsorship status of either player.**
So it appears, at least on the surface, that players that have already been sponsored by UPS (or another competitor to FedEx) prior to this new contract coming into effect, will be permitted to compete in the $10 million FedEx Cup points race.
But the bigger issue not being talked much about with this new "exclusivity clause" agreed to with FedEx, is what happens when other sponsors start demanding the same criteria for their tournaments? Is Farmer's Insurance, Bridgestone, etc. gonna expect the same concessions in their tournaments when it comes time for them to renew their sponsorship deals?
It smells like a can of worms may have been opened.