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Official 2013 PGA Tour FEDEX CUP Discussion Thread Official 2013 PGA Tour FEDEX CUP Discussion Thread

09-24-2013 , 09:41 PM
Wonder how the new season will work out. The Fall events have usually not been as important as the other events. But I wonder if that'll change if someone goes out to a hot start in the next few months.
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09-24-2013 , 09:44 PM
Quote:
Originally Posted by ship---this
No. The $10m is an immediate payment, the rest are deposited into their retirement accounts.
I think the top 10 finishers get the bulk but not all of their $ up front nowadays. Everyone else gets deferred into retirement accounts.
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09-24-2013 , 09:48 PM
Quote:
Originally Posted by NxtWrldChamp
I think the top 10 finishers get the bulk but not all of their $ up front nowadays. Everyone else gets deferred into retirement accounts.
why do they do this? it's not like they're nba players.
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09-24-2013 , 10:05 PM
Quote:
Originally Posted by iversonian
why do they do this? it's not like they're nba players.
My guess is it probably has something to do with FedEx not having to pony up $35 million in cash every year and some sort of benefit they get for just putting it into retirement accounts.
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09-24-2013 , 10:19 PM
Quote:
Originally Posted by iversonian
why do they do this? it's not like they're nba players.
I lol'ed.
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09-24-2013 , 10:24 PM
It certainly might have changed, but originally all bonuses went to retirement account s and the players weren't the excited about the FedEx cup. Then the Tour decided to make the entire $10M payable in one lump sum and the rest in deferred retirement accounts.

Phil and Tiger without saying it basically said what do we care about $10M in 20-30 years. It was a valid point as the NPV really isnt that much money....relatively speaking of course. That is why they were skipping playoff events originally, they didn't care.
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09-24-2013 , 10:36 PM
Quote:
Originally Posted by ship---this
It certainly might have changed, but originally all bonuses went to retirement account s and the players weren't the excited about the FedEx cup. Then the Tour decided to make the entire $10M payable in one lump sum and the rest in deferred retirement accounts.

Phil and Tiger without saying it basically said what do we care about $10M in 20-30 years. It was a valid point as the NPV really isnt that much money....relatively speaking of course. That is why they were skipping playoff events originally, they didn't care.
According to Wikipedia it appears it was all deferred until 2008 at which point the winner now gets $9 million with $1 million deferred and the rest of the top 10 got bulk payments as well.

Also according to wikipedia it appears they were a little worried about some legislation changes to deferred accounts and concerned with Tiger racking up an ungodly amount of $ in one of these retirement accounts.
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09-24-2013 , 11:24 PM
Quote:
Originally Posted by ship---this
It certainly might have changed, but originally all bonuses went to retirement account s and the players weren't the excited about the FedEx cup. Then the Tour decided to make the entire $10M payable in one lump sum and the rest in deferred retirement accounts.

Phil and Tiger without saying it basically said what do we care about $10M in 20-30 years. It was a valid point as the NPV really isnt that much money....relatively speaking of course. That is why they were skipping playoff events originally, they didn't care.
Skip? Tiger won the first and third FedEx Cup and only missed the second one because of injury (he only played in 6 events all year).
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09-25-2013 , 12:42 AM
He meant skipping individual events, not the whole thing.

Anyway, came to post that the 2003 President's Cup is on. Still mildly rustled at having the end spoiled by a South African friend that I watched it with, since NBC opted to show it on tape delay (like an eight hour tape delay). Nearly two hours left of coverage and there's only three matches still on the course, DiMarco vs. Appleby (AS, two to play), Love III vs. Allenby (AS, five to play), and Woods vs. Els (Woods three up with four to play <---- wtf at blowing that lead, don't remember that at all).

EDIT: Woods DID win, 4&3, but then came off the bench along with Els for the tiebreaker. Forgot about that. Good job Tiger, you were clutch back in the day.

They must really milk the playoff coverage to stretch this out the whole distance. Seemed so anticlimactic at the time, like nobody winning meant everyone losing. f sportsmanship.
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09-25-2013 , 12:50 AM
Love III gagging down the stretch. TAKES ME BACK. Just knocked one in the water from the fairway, and iirc he hits a fat chip on the final hole to ensure the tie. He was the anti-clutch.
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09-25-2013 , 12:53 AM
On the other hand Chris DiMarco, before he went into the witness protection program sometime around 2007, was pretty goddamned clutch on the regular. And he played super quickly which was nice too. Miss that guy.
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09-25-2013 , 08:08 AM
DiMarco was the man
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09-25-2013 , 09:57 AM
Quote:
Originally Posted by tuq
He meant skipping individual events, not the whole thing.
Ahh, makes sense.

Stricker skipped the first event this year but I think he was the only top contender to do so. I honestly don't know why Tiger didn't skip an event. He was all but guaranteed top 5 going into the Tour Championship, even if he skipped 2 events.
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09-25-2013 , 10:00 AM
Quote:
Originally Posted by gusmahler
Ahh, makes sense.

Stricker skipped the first event this year but I think he was the only top contender to do so. I honestly don't know why Tiger didn't skip an event. He was all but guaranteed top 5 going into the Tour Championship, even if he skipped 2 events.
Zach J skipped the first event too
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09-25-2013 , 10:17 AM
Quote:
Originally Posted by tuq
Love III gagging down the stretch. TAKES ME BACK. Just knocked one in the water from the fairway, and iirc he hits a fat chip on the final hole to ensure the tie. He was the anti-clutch.
DL3 chocked as a captain too (putting Tiger in the final singles group was an awful decision imo).

Quote:
Originally Posted by tuq
On the other hand Chris DiMarco, before he went into the witness protection program sometime around 2007, was pretty goddamned clutch on the regular. And he played super quickly which was nice too. Miss that guy.
DiMarco suffered an injury ... right?
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09-25-2013 , 11:53 AM
Loved Dimarco. Followed him early at the 2006 PGA Championship. He birdied like 4 of the first 6 I think and he didnt really have a crowd around him which was cool. Got pretty close to him when he was walking from forget which hole to which hole but I was one of the few around and got a thumbs up out of him. Ever since always been a big fan

/cool story bro
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09-25-2013 , 12:10 PM
Quote:
Originally Posted by ship---this
Interesting and I think genius play by Ed Loar on the Web.com tour this week. He has good status as I think the third place finisher for the season and is in good standing in the web playoffs. However without a win he can't win the playoffs which is really his oly upside as the #1 guy from the playoffs is fully exempt. So rather than play this week for a mere $1M he is taking the week off to spend with his wife and triplets to rest and get ready for the 2013-14 season that starts in just 2 weeks.

Really smart IMO to take a break and then play for $6M in a few weeks rather than one measly million this week. Of course I. Not sure spending a week at home with triplets is exactly relaxing, but I am interested to see how many other guys do the same thing. Not really what the Tour was looking for I bet.
Sorry, I don't understand what you are saying. Can you explain? He is taking a week off (not playing for 1 million) in order to play for 6 million? What is he playing in for 6 million? Do you mean he is taking the week off in order to rest for the whole 2013-2014 PGA Tour season, in which he could possibly win up to 6 million during the season?
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09-25-2013 , 12:20 PM
Quote:
Originally Posted by mavsfan4ever
Sorry, I don't understand what you are saying. Can you explain? He is taking a week off (not playing for 1 million) in order to play for 6 million? What is he playing in for 6 million? Do you mean he is taking the week off in order to rest for the whole 2013-2014 PGA Tour season, in which he could possibly win up to 6 million during the season?
The first 6 tournaments of the season run through November, am assuming he's resting up in order to play those events and get a good start on keeping his card.

BO
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09-25-2013 , 01:38 PM
Regarding DiMarco, I remember a player's poll from back when he was relevant. One of the questions was "favorite playing partner" and he totally crushed the poll, having 2-3X the next pro. Don't know if it's his pace, demeanor, or what but it's not easy to have that wide of a margin when there are so many options.

(Rory Sabbatini accomplished the same feat with the dubious "least favorite" question.)
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09-25-2013 , 07:27 PM
Wonder who would be the leader in those two categories today?
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09-26-2013 , 12:08 AM
Quote:
Originally Posted by NxtWrldChamp
According to Wikipedia it appears it was all deferred until 2008 at which point the winner now gets $9 million with $1 million deferred and the rest of the top 10 got bulk payments as well.

Also according to wikipedia it appears they were a little worried about some legislation changes to deferred accounts and concerned with Tiger racking up an ungodly amount of $ in one of these retirement accounts.
Does this mean the player receives $1M in 20 or 30 years or whatever? Or does $1M go into the account now and then they receive some amount much higher years from now?
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09-26-2013 , 12:17 AM
I think it means the player gets $1 million in an account that they can't touch until a certain age, unless they want to incur penalties. They can probably invest the $ within that account.
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09-26-2013 , 10:06 AM
I don't get why FedEx or the PGA cares, then. If they have to put up $10M no matter what, does it really matter to them if some of it is cash and some of it gets put in a retirement account?
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09-26-2013 , 10:54 AM
Quote:
Originally Posted by gusmahler
I don't get why FedEx or the PGA cares, then. If they have to put up $10M no matter what, does it really matter to them if some of it is cash and some of it gets put in a retirement account?
I don't get why any spectators would care enough to discuss it. But if it really matters, they have to put up $35M no matter what. You're slipping in your wikipedia reading.

BO
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09-26-2013 , 01:11 PM
Was just asking because there's no golf to discuss. Thought the President's Cup was this week, but it's next week. Oh well.
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