1986—The Old Guys Win

Phil Mickelson’s 2021 PGA Championship win 23 days shy of his 51st birthday made Lefty the oldest player to ever win a major championship and it brings to mind when two “old guys” beat younger fields in the majors. In 1986 at 46 Jack Nicklaus won the Masters for his 18th major and another “seasoned citizen,” 43-year-old Raymond Floyd triumphed in the US Open. Continue reading

Callaway Takes Over Topgolf in $2 billion Stock Deal

Callaway Golf (NYSE: ELY) is buying Topgolf Entertainment Group for shares valued at approximately $2 billion which includes the 14% Callaway previously owned. The purchase places Callaway, already the largest golf equipment manufacturer, in the forefront of the golf entertainment business and appears to be a dynamic match for these two leaders of their respective business segments. Continue reading