PGA Tour muscles way into Asian market
Print Edition
AMERICA’S PGA Tour has muscled in to become the biggest player on the Asian golf scene after establishing a three-tournament swing worth nearly US$26 million along with a growing feeder circuit in China.
Next October, the world’s richest golf tour will sanction three tournaments in South Korea, Malaysia and China with purses that will tempt many of the sport’s top players.
The PGA Tour is also opening an office in Tokyo while the PGA Tour China, which helps put players on the road to securing American playing rights, is steadily expanding.
Last week’s unveiling of the US$9.25 million CJ Cup in South Korea completes a three-event Asian swing, also including the US$7 million CIMB Classic in Kuala Lumpur and the elite, US$9.5 million WGC-HSBC Champions in Shanghai.
It comes after the collapse of merger talks between the European Tour, the PGA’s closest rival, and the Asian Tour, who opted for a watered-down “strategic alliance” instead.
“Our players now have an opportunity to come over and play three events,” Paul Johnson, PGA Tour executive vice-president international affairs, said during last week’s WGC-HSBC Champions in Shanghai.
“Not all of them get into the WGC-HSBC so for those that don’t, it is more attractive (to have) two events with no cut so guaranteed FedEx Cup points.”
Along with the new office in Tokyo, the PGA Tour is also sanctioning its first tournament in Japan, the 2017 Japan Airlines Championships on the seniors’ tour. The timing couldn’t have been better as on last Sunday, Japan’s rising star Hideki Matsuyama dominated the world’s best players to become the first Asian to win a World Golf Championship at the WGC-HSBC Champions.
The European Tour has lost one of their flagship tournaments in Asia, Shanghai’s US$7 million BMW Masters which disappeared from the schedule this year.
But last year’s successful staging of the Presidents Cup team event in Incheon, South Korea, opened the eyes of the PGA Tour which is transitioning to new leadership under Jay Monahan.
“We had the Presidents Cup there in 2015 and it was fantastic, you felt the energy, the enthusiasm, the crowds, it was really off the chart,” said Johnson.
The US PGA Tour first dipped its toes tentatively into Asian waters in 1995 when it staged the World Cup of Golf in the southern Chinese city of Shenzhen.
It returned with the World Cup in various incarnations to Malaysia in 1999, Japan in 2001 and China from 2007-2011.
The build-up has been slow, and it took until 2009 for the HSBC Champions to be added to the PGA schedule when it became a WGC event. A year later, the CIMB Classic in Malaysia followed.
But by this time next year, the PGA Tour will have as many tournaments in Asia as on the spring swing in Florida, the tour’s home state where many top players also live.
Three years ago the PGA Tour China feeder series was launched, and that will also break new ground on Thursday with its first event outside China’s mainland, in Hong Kong.
“We have the number one brand, the best players and the highest purses,” said Johnson.
“We are very fortunate in that there is a tremendous amount of interest in PGA Tour because we are the top of the pyramid.
“So it’s a pretty logical business strategy to continue to grow our business around the world.”
And that includes the potentially huge market in the world’s most populous nation, China. The boost for golf in China came just a few months before Feng Shanshan won bronze as the sport returned to the Rio Olympics.
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