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03/08/2010 - Ponte Vedra Beach, FL (Sportsbook Betting Lines) - The grandfathered wedges and irons used by Phil Mickelson and others this season will no longer be allowed on the PGA Tour after the company that makes them agreed to waive its rights from a decades-old lawsuit.
The waiver, announced Monday, means Ping's controversial Eye2 clubs will no longer be exempted from the new PGA Tour regulations banning clubs with square grooves.
"We all believe it is in the best interests of golf," John Solheim, chairman and chief executive of Ping, said in a release
The waiver goes into effect March 29 and will apply to the PGA, Champions and Nationwide Tours. Following a request from the United States Golf Association, the waiver will also be applied to the U.S. Open.
"John Solheim and Ping had a terrific opportunity to do something very positive and significant for the game of golf and we very much appreciate his willingness to take this action," PGA Tour commissioner Tim Finchem.
Because of a 20-year-old settlement between Ping and the USGA, all EYE2 wedges made before April 1990 were exempted from the new rule that required players to switch to clubs with V-shaped grooves beginning this season.
The grooves regulation was implemented by the USGA to make it harder for players to control the ball out of the rough.
Mickelson carried an Eye2 wedge in his bag at Torrey Pines in January, prompting tour veteran Scott McCarron to accuse him of cheating. Other players, including John Daly, have also taken advantage of the loophole.
The waiver does not take all EYE2 irons and wedges out of competition. Clubs with grooves that conform to the new regulations will still be allowed. Ping said it has made EYE2 clubs with conforming grooves for several players.
Solheim said his company considered several solutions to the issue since meeting with USGA officials last month, but that waivers were the most appropriate way to honor the original competition agreements it had with the PGA Tour and USGA.
"The problem is solved on the PGA Tour and the integrity of the original agreements is unaffected," Solheim said, noting that the EYE2 clubs would still be allowed in amateur events played under USGA rules.
The USGA said it will conduct a forum later this year to discuss ways to improve the equipment rulemaking process.
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Matt Kenseth And Kevin Harvick Favorites To Take NASCAR Nextel Cup Championship
(September 15)—The NASCAR season has hit the homestretch with the opening event on this year’s Chase for the Cup taking place this weekend at the Sylvania 300 at New Hampshire International Speedway. With 10 races remaining to determine the Cup Series champion, leading online sportsbook MySportsbook.com today announced odds on all 10 Chase qualifying drivers capturing the NASCAR Sprint Cup Championship.
One of the largest sportsbook sites on the Internet, MySportsbook.com currently lists the top two drivers in the point standings as the early favorites to win the Nextel Cup. Entering the Chase for the Cup with a slim five-point lead in the point standings, 2003 NASCAR champ Matt Kenseth has been made a slight favorite to win his second Cup at 7/2 betting odds. 2001 Cup Rookie of the Year Kevin Harvick has betting odds listed at 5/2 and four-time NASCAR champion Jeff Gordon is listed at 6/1 to capture the Nextel Cup this year.
Hoping to follow in the footsteps of his legendary father who won six NASCAR titles, Dale Earnhardt Jr. stands at 8/1 to breakthrough with his first Cup victory. Staying with the family theme, MySportsbook.com lists 2005 Rookie of the Year Kyle Busch at 14/1 to succeed big brother Kurt’s 2004 NASCAR title. While Kasey Kahne was the final driver to qualify for the Chase with a third place finish last week, the oddsmakers give him a fighting chance at 10/1 mainly due to several mile-and-a-half tracks remaining on the schedule. Despite going winless on the NASCAR circuit this season, Jeff Burton enters the Chase at 5/1 to capture the Cup title. Meanwhile, rookie Denny Hamlin is 4/1 to win the championship, while veteran driver Mark Martin enters the Chase for the Cup as a 15/1 long shot to win his first NASCAR title in his 24th and final season.
MySportsbook.com will offer comprehensive Nascar betting lines on every race remaining on the Nextel Cup series including driver match-ups, props and odds to win each race. For a complete list of NASCAR odds, please visit www.MySportsbook.com.
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