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Tim Finchem signs new six year deal

Tim Finchem navigated his way through one of the toughest stretches of his 12 years as PGA Tour commissioner. He revamped the tour's schedule for 2007 -- reducing several longtime events to junior varsity status -- and he negotiated a six-year TV deal with two networks and a 15-year deal with The Golf Channel.

Finchem's contract expires June 1, but he's not ready to retire.

The PGA Tour board of directors gave him a six-year contract extension that takes Finchem to his 65th birthday, and Finchem said at a players-only meeting Tuesday night that he agreed to serve it.

"I didn't hear any booing," Finchem said. "I'm not sure they jumped up and down, but I didn't hear any booing."

But there were the usual murmurs about his compensation.

Three players, who spoke on condition of anonymity because the meeting was private, said Finchem's salary was announced as a "comfortable" $4.5 million. That would have put him at No. 4 on last year's money list.

March 23, 2006

 




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