PGA Tour chief Finchem talks retirement
When Tim Finchem took the reins of the US PGA Tour in 1994, players were contesting 44 events and chasing $56.7m in prizemoney.
Now, in 2016, as the PGA Tour Commissioner prepares to wind down his career, at the age of 68, the Tour will this year see its players take part in 47 events chasing purses that amount to about $327m…as well as a further $10m in FedEx Cup bonus money.
PGA Tour boss Tim Finchem (Credit: Getty Images)
Sure there have been criticisms during Finchem’s 22 years at the helm.
And critics would suggest he took over at just the right time as Tiger Woods was preparing to dominate the professional golf ranks.
Still Finchem has helped steer the Tour through some tough times as well, including 2008 when hit by the worst financial crisis since the Great Depression.
Even then Finchem was able to maintain the vast majority of the Tour’s sponsors, largely without the stardom of Woods, who has played just three complete seasons in the past eight years due to a terrible run of injuries.
Finchem maintains he still has some serious projects to attend to before he gives it all away…and, after all, he is contracted until June 1, 2017.
Deputy Commissioner Jay Monahan is being groomed to step straight into the most powerful position in world golf and is already in control of the day-to-day operations of the US Tour.
And Finchem concedes the time is just about right for a new set of eyes and sensibilities.
“I think in the years to come, you will see the Tour doing things that maybe right now you would be surprised that we would think [of doing] in that context,” said Finchem.
The world awaits with bated breath.