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Finchem on Golf and Economy

 Dan  Hicken     Created: 9/23/2009 3:44:10 PM    Updated: 9/23/2009 3:45:27 PM
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ATLANTA (AP) -- PGA Tour commissioner Tim Finchem says its highly unlikely that golf will make it through the end of next year without losing corporate sponsors and possibly some tournaments.

Finchem said Wednesday that marketing budgets remain small even as the economy is showing signs of a recovery. The tour has about a dozen sponsors that have contracts through 2010, and negotiations are ongoing.

"I think it's possible we could lose a couple of events," Finchem said. "It's probable that we're going to lose some sponsors. They're two different things, really. ... It most likely will be some more sponsorship loss."

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