My latest National Post rant is online. Find my dislike of the FedEx Cup located here.
Here’s a sample:
An annuity is something the casual golf fan might have trouble understanding. And, it seems, something the PGA Tour’s best are having trouble wrapping their club heads around.
For while there are plenty of other issues involved, the Tour’s decision to offer an annuity to the winner of its FedEx Cup may have doomed it to failure before the four-week playoff begins in two weeks.
Hockey gives the Stanley Cup to its playoff winners. The National Football League has the Super Bowl. And golf ‘s FedEx Cup?
A US$10-million prize that the champion is not about to see it anytime soon. It is a Tiger Woods-like sum rarely won in a single season of golf, but there is little sex appeal to an annuity that won’t start paying out until the player turns 65.