PXG Tour Players and their contracts

[vegas005]

A friend of mine said he heard on Golf Channel the the new PXG tour players are not paid to pay the equipment but are on a bonus scheme. Additionally, they have to pay for their equipment. I find this hard to believe ... does anybody out there have the real info...?

 

Thanks

[MattyO1984]

A friend of mine said he heard on Golf Channel the the new PXG tour players are not paid to pay the equipment but are on a bonus scheme. Additionally, they have to pay for their equipment. I find this hard to believe ... does anybody out there have the real info...?

 

Thanks

 

Pay for their own equipment? No way, no way at all! PXG has their little tour van on the go now that they have a proper tour presence. Are the guys on the truck carrying out their work and then asking the player to stump up before they get their clubs? No way at all.

[Rangeballz]

I find it hard to believe any tour player would have to pay for equipment from his/her equipment sponsor. But I have been wrong before.....

[vegas005]

A friend of mine said he heard on Golf Channel the the new PXG tour players are not paid to pay the equipment but are on a bonus scheme. Additionally, they have to pay for their equipment. I find this hard to believe ... does anybody out there have the real info...?

 

Thanks

 

Pay for their own equipment? No way, no way at all! PXG has their little tour van on the go now that they have a proper tour presence. Are the guys on the truck carrying out their work and then asking the player to stump up before they get their clubs? No way at all.

 

Agree with this but I'm looking for some facts including any contract info...

[MattyO1984]

A friend of mine said he heard on Golf Channel the the new PXG tour players are not paid to pay the equipment but are on a bonus scheme. Additionally, they have to pay for their equipment. I find this hard to believe ... does anybody out there have the real info...?

 

Thanks

 

Pay for their own equipment? No way, no way at all! PXG has their little tour van on the go now that they have a proper tour presence. Are the guys on the truck carrying out their work and then asking the player to stump up before they get their clubs? No way at all.

 

Agree with this but I'm looking for some facts including any contract info...

 

There doesn't seem to be a lot out there to be fair. This far I don't think I have heard anything credible with regard to how much the staff guys are being paid (whether it's a fixed amount of incentive based) or how long they have signed up for. I do remember reading a story that the guy Parsons behind this bought a golf club and began charging members a $100 service charge every time they teed it up and placed a limit of the number of rounds members could play before they brought in a paying guest to play with them. Crazy! So perhaps the contracts are just as out there.

[Soloman1]

There was more to the story you read. Not all of it was bad.

[Mitchell]

Incentive- based contractual clauses are included for certain PXG players, there still is a base endorsement amount. Regarding having to pay for equipment or contracts solely based on performance incentive, not factual.

[Sixcat]

A friend of mine said he heard on Golf Channel the the new PXG tour players are not paid to pay the equipment but are on a bonus scheme. Additionally, they have to pay for their equipment. I find this hard to believe ... does anybody out there have the real info...?

 

Thanks

 

Pay for their own equipment? No way, no way at all! PXG has their little tour van on the go now that they have a proper tour presence. Are the guys on the truck carrying out their work and then asking the player to stump up before they get their clubs? No way at all.

 

Agree with this but I'm looking for some facts including any contract info...

 

There doesn't seem to be a lot out there to be fair. This far I don't think I have heard anything credible with regard to how much the staff guys are being paid (whether it's a fixed amount of incentive based) or how long they have signed up for. I do remember reading a story that the guy Parsons behind this bought a golf club and began charging members a $100 service charge every time they teed it up and placed a limit of the number of rounds members could play before they brought in a paying guest to play with them. Crazy! So perhaps the contracts are just as out there.

 

The story behind this is spelled out in the following link. I would have taken him up on the refund of the initiation fee.

 

http://abcnews.go.co...ng-pxg-36075822

 

...and here, in his own words.

 

http://www.azcentral.com/business/arizonaeconomy/articles/20140130godaddy-founder-bob-parsons-shakes-up-scottsdale-golf-club.html

[Bad9]

A friend of mine said he heard on Golf Channel the the new PXG tour players are not paid to pay the equipment but are on a bonus scheme. Additionally, they have to pay for their equipment. I find this hard to believe ... does anybody out there have the real info...?

 

Thanks

 

Maybe they have incentive only contracts but I kind of doubt it. But there is no way the pros are paying for their clubs PXG. There is too much easy money from the other club companies for one of them to do that. The clubs have gotten good reviews but not that good.

[bruinsPATSirish]

They should have went with "LOL" instead of "PXG"...

 

When the clubs first dropped I was very very interested in trying them out, but now at this point I have been totally turned off and lost interest. This guy is a jabroni

[nitram]

They should have went with "LOL" instead of "PXG"...

 

When the clubs first dropped I was very very interested in trying them out, but now at this point I have been totally turned off and lost interest. This guy is a jabroni

 

Was thinking more along the lines of a schlong...

[Sixcat]

They should have went with "LOL" instead of "PXG"...

 

When the clubs first dropped I was very very interested in trying them out, but now at this point I have been totally turned off and lost interest. This guy is a jabroni

 

PXG = Ping X-Guys

 

He is definitely different and eccentric to say the least. Then again, he has the wealth to do pretty much whatever he wants. That doesn't mean anyone will follow. I find it hard to believe many will pay the kinds of prices he is asking for his equipment. Can it really be THAT much better than anything else on the market given it costs nearly three times what anything else on the market costs?

[MattyO1984]

A friend of mine said he heard on Golf Channel the the new PXG tour players are not paid to pay the equipment but are on a bonus scheme. Additionally, they have to pay for their equipment. I find this hard to believe ... does anybody out there have the real info...?

 

Thanks

 

Pay for their own equipment? No way, no way at all! PXG has their little tour van on the go now that they have a proper tour presence. Are the guys on the truck carrying out their work and then asking the player to stump up before they get their clubs? No way at all.

 

Agree with this but I'm looking for some facts including any contract info...

 

There doesn't seem to be a lot out there to be fair. This far I don't think I have heard anything credible with regard to how much the staff guys are being paid (whether it's a fixed amount of incentive based) or how long they have signed up for. I do remember reading a story that the guy Parsons behind this bought a golf club and began charging members a $100 service charge every time they teed it up and placed a limit of the number of rounds members could play before they brought in a paying guest to play with them. Crazy! So perhaps the contracts are just as out there.

 

The story behind this is spelled out in the following link. I would have taken him up on the refund of the initiation fee.

 

http://abcnews.go.co...ng-pxg-36075822

 

...and here, in his own words.

 

http://www.azcentral...-golf-club.html

 

I like how the second article describes him as "brash". It's nice that the English language has polite words to describe someone as who appears to be as arrogant as he comes across in the rest of the article.

[Sixcat]

Three things in the second article stood out to me.

 

 

1. He considers himself Santa Claus in the "saving" of the club. He stated "nobody was asked to leave" after his purchase. He doesn't mention his new policies were designed to force resignations.

 

2. He told members and club founders they "did't make enough money to stay in a highly exclusive club". Hell of a statement to folks who paid $110k in initiation fees.

 

3. He states "I understand that many of our members will not like the above policy particularly those who play the course the most and spent the least". Isn't part of the draw of private club membership that is gives you the best bang for your buck?

 

The article reads like someone out of touch with reality!

[Gautama]

"There are 6.5 million avid golfers in the country, and 4.1 million of the have a household income in excess of $125,000 a year"

 

As a marketing person, I have to say that statement from the ABC link cannot possibly be true, unless they're talking about household income and including spouses and children or something.

 

Even if it's true on some contrived level, I'd further say that $125,000 in household income doesnt make a $5000 investment in golf clubs a no brainer, lol. This company has exceedingly deep pockets and is likely just a hobby, but its business model sure seems to be a joke.

[DON SVO]

"There are 6.5 million avid golfers in the country, and 4.1 million of the have a household income in excess of $125,000 a year"

 

As a marketing person, I have to say that statement cannot possibly be true, u less they're talking about household income and including spouse's and children.

 

Yes. That is what they're talking about. "Household" would include spouses and other independent residents.

[Gautama]

"There are 6.5 million avid golfers in the country, and 4.1 million of the have a household income in excess of $125,000 a year"

 

As a marketing person, I have to say that statement cannot possibly be true, u less they're talking about household income and including spouse's and children.

 

Yes. That is what they're talking about. "Household" would include spouses and other independent residents.

 

Lol, didn't read my own quote did I! That said, that number doesn't mean much...in fact it's almost meaningless. $125k in household is a very far cry from wealthy, and the majority of the 4.1 is likely not controlling the household's discretionary spending. Silly statistic really.

[DON SVO]

Lol, didn't read my own quote did I! That said, that number doesn't mean much...in fact it's almost meaningless. $125k in household is a very far cry from wealthy, and the majority of the 4.1 is likely not controlling the household's discretionary spending. Silly statistic really.

 

College, schmollege... daddy needs new PXG irons!

[ea19]

There is no way a professional golfer will take less money to make a change voluntarily. Parsons can wordsmith it and spin however but, for instance, no way Zach Johnson took less money from PXG than he was getting from Titleist. Maybe they put it under bonus, or stock options, or longer term, or more money on the back end of the deal, but it ends up being more. There is just no way a guy who just won a major would make that switch, away from clubs he had played forever, without getting additional compensation.

[micha]

So Zach wins a major and decides to cash in by paying to play thirteen new clubs? C'mon now

[bruinsPATSirish]

Lol, didn't read my own quote did I! That said, that number doesn't mean much...in fact it's almost meaningless. $125k in household is a very far cry from wealthy, and the majority of the 4.1 is likely not controlling the household's discretionary spending. Silly statistic really.

 

College, schmollege... daddy needs new PXG irons!

 

I would bet 90% of households that take in $125,000 are NOT ok with spending $5000 on golf clubs...

 

That is a gross misstep on their part. But again, this is a privately owned company backed by a ridiculous bank account so we will never know if they are actually making money. Parsons is probably just fine with breaking even and having a good time owning a golf club company, who knows.

[caniac6]

If I spent five grand on a set of clubs, forget divorce. My wife would either kill me or have me commited.

[Mattva77]

Yeah I cant see someone worth Aprox 2 Billion caring about the golf course even breaking even.

 

His policy is silly... However I cant wait to see what his kind of Budget is going to turn the course into.

[Rangeballz]

The surprising part of the article for me is he seemed upset that some members played more than once a week. I have news for him....I have friends who are retired who play almost every day at their clubs. I plan on doing the same when I retire. Is that frowned upon?.

[iBanesto]

A Masters and Open Champion paying someone to get his clubs regripped...

 

I like to see that :haha:

[Llortamaisey]

If I spent five grand on a set of clubs, forget divorce. My wife would either kill me or have me commited.

 

I'd DVR that Dateline. Hopefully you get Keith Morrison.

[Christosterone]

If I spent five grand on a set of clubs, forget divorce. My wife would either kill me or have me commited.

 

I'd DVR that Dateline. Hopefully you get Keith Morrison.

 

This is the best Keith Morrison dateline:

http://www.nbc.com/saturday-night-live/video/dateline/n13296

 

-Christosterone

[chicagolongball]

Three things in the second article stood out to me.

 

 

1. He considers himself Santa Claus in the "saving" of the club. He stated "nobody was asked to leave" after his purchase. He doesn't mention his new policies were designed to force resignations.

 

2. He told members and club founders they "did't make enough money to stay in a highly exclusive club". Hell of a statement to folks who paid $110k in initiation fees.

 

3. He states "I understand that many of our members will not like the above policy particularly those who play the course the most and spent the least". Isn't part of the draw of private club membership that is gives you the best bang for your buck?

 

The article reads like someone out of touch with reality!

 

It reads like an arrogant jerkoff. The more I find out about Parsons himself the less likely I would be to ever buy the clubs or support this guy's company. The best thing for PXG as a company would be for this guy to just keep his mouth shut and be invisible, but I'm sure his continent sized ego would never allow that. This company is nothing more than a giant ego stroke for this blowhard. I tried to give them a chance but Parsons is SO unlikable it's impossible going forward.

 

As for the contracts from what i understand they incentives are for things like number of wins, major victories, etc....every staffer is paid a set amount in addition to the bonus'. And NO, they don't pay for their clubs. That part is laughable.

[OutBackHack]

A friend of mine said he heard on Golf Channel the the new PXG tour players are not paid to pay the equipment but are on a bonus scheme. Additionally, they have to pay for their equipment. I find this hard to believe ... does anybody out there have the real info...?

 

Thanks

 

Pay for their own equipment? No way, no way at all! PXG has their little tour van on the go now that they have a proper tour presence. Are the guys on the truck carrying out their work and then asking the player to stump up before they get their clubs? No way at all.

 

Agree with this but I'm looking for some facts including any contract info...

 

You've come to the wrong place if you want facts.

[apprenti23]

Lots of conflicting information out there. Everyone is forming opinions off of hearsay and many guys are upset in that they can't go to XYZ golf shop and try these out for free. Haters gonna hate.