Kostis Calls For Purse "Rollback"
/Retired Tweeter Peter Kostis has never been a fan of a ball rollback but he believes the PGA Tour should immediately cut all purses 10%, sending five percent of the savings to charity and the other five back to sponsors.
I'm sure the stand-up guy he is, Kostis has offered CBS a similar deal. Cut 10% of his pay and give half to the Les Moonves's bonus fund and the other half back to CBS.
Everyone is down, and spending in golf is seen as a very bad corporate idea when people are being laid off.
We need to have an immediate 10 percent rollback in purse structures. Of that rollback, 5 percent should go to local charities of the event and 5 percent should go back to the sponsor.
The Tour is fond of two words: partners and charity, and both need some help, a lot more than Tiger Woods needs another $10 million. If we can highlight the Tour's good charitable work and make some short-term concessions to the sponsors, then maybe we can change the perception that golf is a rich guy's game isolated from the concerns and problems of regular working people. Because golf is the game of regular working people, as you can see every day at your local muni.
And as a country club member, Peter can attest!