- GOP hopes taking shutdown off the table with budget deal will pay dividends
- Chinese Death Star: The moon cited as the perfect launch pad for ballistic missiles
- Help wanted: Homeland Security plagued by vacancies at the top
- We are not amused: Queen’s protection officers warned to keep ‘sticky fingers’ off the royal cashews
- Unleash the crossbows: Gov. Scott Walker creates new hunting season
- Bubonic plague kills 20 in Madagascar
- G-20 diplomats fell for hacker attack promising nude photos of former French first lady Carla Bruni
- Minnesota guardsman charged with stealing private soldier data for fake IDs
- Florida appeals court rules universities can’t regulate guns
- Vladimir Putin defends Russian conservative values
PGA Tour signs 9-year extension with networks
Players routinely have said over the last decade that Woods is big reason why they play for so much money. The networks are relying on the next generation of stars, even if none of them can come close to Woods‘ appeal.
Finchem said he has not done enough analysis to project how much higher prize money will get over the next 10 years, only that he expects it to keep going up.
“I think we’re going to be comfortable with the growth,” he said. “It’s not going to be a ‘going up Everest’ curve, but it’s going to be a consistent growth pattern,” he said.
For the last TV negotiations, Finchem revamped the schedule and created the FedEx Cup, a series of four blockbuster tournaments after the majors in which players complete a points race by competing for $35 million in bonus money, with $10 million for the winner.
He said in July his staff was looking at various models to take to negotiations. Turns out that wasn’t necessary.
“Tim went into this negotiation with his team with a set of goals, as did we, and our goal quite simply was to renew the PGA Tour to keep our best tournaments, to keep the schedule intact, and come out with a deal that made sense for both us and our partners at the PGA Tour,” McManus said. “And I’m pleased to say that I think we did that. And I could not be happier.”
One new component to this deal was digital media.
Finchem said the agreements allow for new coverage that will include simulcast coverage of live coverage on websites of its broadcast partners, and perhaps even special coverage on Golf Channel as a tournament is live on NBC Sports. Both are owned by Comcast.
By Mangosuthu Buthelezi
- NAPOLITANO: A conspiracy so vast
- Obama's Afghanistan experts stumped on U.S. death toll, war costs during hearing
- House pushes through two-year Ryan-Murray budget deal
- Comma on!: Twitter erupts over Obama-Castro 'marriage'
- Obama takes 'selfie' at Mandela's funeral service
- Biden guarantees victory on immigration reform
- Chinese man fed up with his girlfriend's shopping jumps to his death
- Rand Paul: Budget deal 'shameful,' 'huge mistake'
- N. Korean news agency: Kim Jong Un's uncle executed
- U.S. debt jumps a record $328 billion tops $17 trillion for first time
Independent voices from the The Washington Times Communities
Born in 1930 in rural Missouri, Charles Vandegriffe, Sr., brings his time and place to the Communities.
Columns from Voices around the World talking about the events, people, politics and social issues that concern us wherever, and whoever, we are.
Chef Mary Moran discusses the food we eat, where it comes from and what it does for us.
An informed and often humorous take on the world of advertising, public relations and social media. 100% Pure. Not from concentrate.
Extraordinary day at Redskins Park
White House pets gone wild!
Let it snow