TIME golf

President Obama Says Derek Jeter Swindled Him on the Golf Course

Barack Obama golf
Steven Senne—AP President Barack Obama places his ball on the green before putting while golfing on Aug. 23, 2015, at Farm Neck Golf Club, in Oak Bluffs, Mass., on the island of Martha's Vineyard.

The President says the former baseball player "stole money" from him on the golf course in a classic hustle

As the Leader of the Free World, Barack Obama is used to facing tough opponents. But apparently he met his match on the golf course when he played Derek Jeter, the former baseball shortstop.

At an event Monday at the home of Las Vegas Sun owner Brian Greenspun, Obama told a story about playing golf with him and the former Yankees player in November, the LA Times reports.

“He and Derek Jeter stole money from me at Shadow Creek,” the President said. “It was clearly a setup, because when we got to the practice range, he was shanking balls everywhere. I said, ‘You play golf, Derek?’ And he said, ‘I just started two weeks ago.’”

Obama gave Jeter a 30-stroke handicap, but that decision cost him in the end: “We had to take a picture of me handing Derek Jeter money at the end of the game,” he said.

TIME golf

Jason Day Shows Major Mettle and Wins PGA Championship

SHEBOYGAN, WI - AUGUST 16: Jason Day of Australia reacts to a missed eagle putt on the16th green during the final round of the 2015 PGA Championship at Whistling Straits on August 16, 2015 in Sheboygan, Wisconsin. (Photo by Jamie Squire/Getty Images)
Jamie Squire—Getty Images Jason Day of Australia reacts to a missed eagle putt on the16th green during the final round of the 2015 PGA Championship at Whistling Straits in Sheboygan, Wis., on Aug. 16, 2015.

He broke Tiger Woods' major championship record for most strokes under par

(SHEBOYGAN, Wis.)—A year of major heartache ended with Jason Day breaking through in a major way Sunday at the PGA Championship.

With at least a share of the 54-hole lead for the third straight major, Day never gave Jordan Spieth or anyone else much of a chance at Whistling Straits. He closed with a 5-under 67 for a three-shot victory and broke Tiger Woods’ major championship record for most strokes under par by finishing at 20 under.

In tears before tapping in for par, Day hugged his son and wife and then Spieth, who earned a small consolation prize with his runner-up finish. Spieth moved to No. 1 in the world, ending the one-year reign of Rory McIlroy.

“I didn’t expect I was going to cry,” Day said. “A lot of emotion has come out because I’ve been so close so many times and fallen short. To be able to play the way I did today, especially with Jordan in my group, I could tell that he was the favorite. Just to be able to finish the way I did was amazing.”

What a journey for the 27-year Australian.

He understood hard times as a youth when his father died of cancer when Day was 12. For all his talent, he was questioned for winning only one tournament in five years on the PGA Tour. With a share of the lead at the U.S. Open and British Open, he had to watch someone else celebrate.

Not on this day. Not even close.

Day started the final round with a two-shot lead and no one got any closer than that the entire day. His lone shaky moment came at the end of the front nine, when he made his first bogey on No. 8 and then chunked a wedge from the fairway on No. 9. But he saved par with an 8-foot putt and was on his way.

And he knew it at the end.

With a three-shot lead on the par-5 16th, Day hit a high draw onto the green, bit his lower lip and swatted longtime coach and caddie Colin Swatton in the arm. That two-putt birdie took him to 20 under, and two pars sealed the victory.

Woods finished at 19 under when he won the 2000 British Open at St. Andrews.

Spieth was chasing history again — Woods and Ben Hogan are the only two players to win three majors in the same season — but the Masters and U.S. Open champion had a tougher time chasing Day.

The 22-year-old Texan missed a pair of birdie putts early on the back nine, and he struggled with his driver on the front nine. But he’s not sure it would have mattered. Day wasn’t going to let this chance get a way, and everyone knew it.

“It was Jason’s day,” he said. “He played like he’d won seven or eight majors. He took it back. He wailed on it. It was a stripe show.”

Spieth set a record of his own. By closing with a 68, he set a record by playing the four majors in 54-under par, breaking by one the mark that Woods set in 2000. The difference is that Woods won two majors by a combined 23 shots.

That also speaks to the depth of golf in this generation, and Day is the latest example. He moved to No. 3 in the world, meaning the top four in the world are all under 27 and have combined to win five of the last six majors.

It starts with Spieth, the second-youngest player behind Woods to reach No. 1. Spieth got there in his 77th start as a pro. Woods was 21 when he became No. 1 for the first time in just his 21st tournament.

“It’s an unbelievable feeling,” Spieth said. “So much work has been put in. What a year it’s been.”

Branden Grace of South Africa had another mistake on the back nine in a major that cost him. Grace was tied for the lead at the U.S. Open when he hit his tee shot on the railroad tracks and out-of-bounds at Chambers Bay. This time, he was two shots behind when he went long of the 10th green and made double bogey. He closed with a 69 and finished third, five shots behind.

Justin Rose got within two shots until making a double bogey for the third straight day. He closed with a 70 and finished fourth.

Day faced enormous pressure of having a lead for the first time going into the final round, trying to avoid becoming the first player since the PGA Championship went to stroke play in 1958 to have at least a share of the 54-hole lead in three straight majors without winning.

It sure didn’t show.

“There wasn’t a whole lot I could have done today,” Spieth said.

Day won for the third time this year on the PGA Tour — one behind Spieth — and sixth time in his career.

McIlroy made a solid return from an ankle injury that kept him out since the U.S. Open. He had a 68-69 weekend and finished 17th, though it wasn’t enough to stay No. 1

“Honestly, the way Jordan has been playing and the way I haven’t played much this year … if he does go to No. 1 today, it’s very deservedly so,” McIlroy said. “I know the golf you have to play to get to that spot, and it has been impressive this year.”

TIME insider trading

Ex-Dean Foods Chairman, Golfer Mickelson Probed Over Insider Trading

Deutsche Bank Championship - Round Three
Ross Kinnaird—Getty Images Phil Mickelson

Investigation may be getting more complicated, report says

What do activist investor Carl Icahn, former chairman of Dean Foods Thomas Davis, Las Vegas sports bettor Billy Walters, and professional golfer Phil Mickelson have in common? According to the Wall Street Journal, a federal probe into a complex tangle of insider trading.

The Journal reported Wednesday that criminal and civil government authorities are looking into the possibility that Davis tipped off his acquaintance Walters, who tipped off his friend Mickelson, about a 2012 spin-off from Dean Foods. The investigation builds on one that started more than a year before that was searching for evidence that Walters and Mickelson received non-public information from Icahn. Icahn’s role in the investigation is currently dormant, according to the report.

The lengthy probe is a part of the government’s renewed focus on ferreting out insider trading. The probes have occurred nationwide, but Manhattan is certainly a hot-spot. Since Manhattan U.S. Attorney Preet Bharara took office in 2009, he’s charged 96 people of insider trading. Government officials looking to persecute insider traders may be tripped up by a federal appeals court decision in December that overturned the convictions of two former hedge fund traders.

TIME Sports

Adidas Is Thinking of Selling Its Golf Business

Adidas AG Chief Executive Officer Herbert Hainer Interview
Bloomberg—Bloomberg via Getty Images The TaylorMade-Adidas golf business logo sits on a sign above the Adidas and Ashworth golfing apparel brand logos in the reception area of Adidas AG's headquarters in Herzogenaurach, Germany.

Sales are lagging as the sport's popularity wanes

Sports apparel giant Adidas is considering dumping its once-lucrative golf business, according to Bloomberg. The company is in talks with the financial firm Guggenheim Partners about selling off its TaylorMade assets, which lost money in the most recent quarter due to sales dropping 26% year-over-year. Adidas may also consider only selling off its Adams Clubs and Ashworth clothing brands.

Adidas is predicting a full-year decline in sales from its golf division as the sport continues to decline in popularity in the U.S. CEO Herbert Hainer is in the process of paring down the company’s operations to focus specifically on athletic shoes.

The company disclosed the plans along with its quarterly financial results Thursday. Adidas reported that overall sales in the quarter rose 15% to 3.9 billion euros, beating analysts’ estimates.

TIME Innovation

Meet the Weapons of the Future

The Aspen Institute is an educational and policy studies organization based in Washington, D.C.

These are today's best ideas

1. This isn’t Star Wars: The military weapons of the near future are laser blasters and microwaves.

By Andrea Shalal at Reuters

2. Domestic violence is about power. This idea could level the playing field for survivors.

By Melissa Jeltsen in the Huffington Post

3. Here’s how Japan made something useful out of its golf course boom.

By Ariel Schwartz in Business Insider

4. The world needs ‘Fundraisers Without Borders.’

By Duncan Green in Oxfam’s From Poverty to Power

5. The next generation of superfast computers will use light instead of electricity. Here’s how.

By Ken Kingery at Duke Pratt School of Engineering

The Aspen Institute is an educational and policy studies organization based in Washington, D.C.

TIME Ideas hosts the world's leading voices, providing commentary and expertise on the most compelling events in news, society, and culture. We welcome outside contributions. To submit a piece, email ideas@time.com.

TIME Donald Trump

PGA Grand Slam of Golf Moved From Trump National Golf Club

TURNBURRY, SCOTLAND - JUNE 08:  Donald Trump Visits Turnberry Golf Club, after its $10 Million refurbishment on June 8, 2015 in Turnberry, Scotland. (Photo by Ian MacNicol/Getty Images)
Ian MacNicol—2015 Ian MacNicol Donald Trump

October golf tournament moved by mutual agreement

The PGA of America said on Tuesday that this year’s PGA Grand Slam of Golf tournament will not be played at the Los Angeles golf club owned by Donald Trump and his family.

Trump has some strong views on the type of people who should be playing golf, in general, but the billionaire real estate mogul and Republican presidential candidate is apparently on board with the PGA’s plans to find a new venue for this year’s Grand Slam. In a statement, the PGA said its representatives met with Trump on Monday and “the parties mutually agreed that it is in the best interest of all not to conduct the 2015 PGA Grand Slam of Golf at Trump National — Los Angeles,” the sprawling, $260 million golf course owned by the Trump Organization.

“The PGA of America is in the process of exploring options, including a venue for its annual PGA Junior League Golf Championship, and will comment further at the appropriate time,” the organization said in its statement.

Even with Trump’s apparent support, the decision shows that the golf association continues to publicly distance itself from “The Donald” amid the ongoing uproar over derogatory comments Trump made about Mexicans in a speech kicking off his presidential candidacy last month. In the speech, Trump called for stricter U.S. immigration laws and an enforced border with Mexico while accusing Mexican immigrants of rape, murder, and drug-dealing. Trump also reportedly recently deleted a tweet in which he claimed that rival Republican presidential candidate Jeb Bush would not take a strong stance on immigration because Bush’s wife is Mexican.

After making those derogatory comments, Trump actually went on to say his opinions had the backing of the golfing community, which prompted a joint statement from the PGA Tour, LPGA Tour, USGA, and PGA of America last week stating that Trump’s comments “do not reflect the views of [those] organizations.”

Last year, the PGA of America announced its partnership with Trump, which included this year’s Grand Slam as well as several future tournaments slated to take place at Trump golf clubs around the U.S. That partnership includes the PGA Championship being played at the Trump National Golf Club’s Bedminster, N.J., location in 2022.

The backlash to Trump’s comments has also included companies such as Macy’s and mattress giant Serta halting sales of Trump-branded products, while both Univision and Comcast’s NBCUniversal canceled plans to air Trump’s Miss USA and Miss Universe beauty pageants. Also, on Monday, ESPN said it would remove next week’s ESPY Celebrity Golf Classic from Trump National to another Los Angeles golf club.

TIME sponsorships

Why Jordan Spieth’s U.S. Open Win Was Huge for Under Armour

The Masters - Final Round
Ezra Shaw—Getty Images Bubba Watson presents Jordan Spieth of the United States with the green jacket after Spieth won the 2015 Masters Tournament at Augusta National Golf Club on April 12, 2015 in Augusta, Georgia.

The athletic gear company is making bold sponsorship deals

Under Armour’s bet on golf phenom Jordan Spieth is looking like a very savvy investment indeed.

The 21-year-old golf prodigy won the U.S. Open over the weekend, his second major in a row in a victory that’s surely being celebrated by his athletic gear sponsor, Under Armour. Under Armour has backed Spieth since he turned professional, and even signed a 10-year sponsorship extension earlier this year for an undisclosed amount of money.

Spieth isn’t the only Under Armour athlete with big wins recently. NBA Point guard Stephen Curry, also an Under Armour athlete, took home his league’s championship with the Golden State Warriors — and brought his young daughter along to press conferences for some adorable antics. And ballerina Misty Copeland, who appeared in a widely watched Under Armour ad last year, is reportedly poised for a key promotion with the American Ballet Theatre.

But Spieth’s dominance on the green is particularly exciting. Last month, Under Armour CEO Kevin Plank told investors that part of the athletic gear maker’s success is attributed to signing athletes like Spieth, at times inking deals well before athletes are proven professional stars. Under Armour’s stock is up about 1.5% at noon ET Monday.

“Knowing that we have Jordan Spieth as the face of Under Armour Golf into the future solidifies our presence in the category,” Plank said.

Sponsorships are costly to big apparel and footwear makers like Under Armour. The company’s marketing costs jumped to $333 million in 2014 from $246.5 million in 2013, primarily due to increased global sponsorship of professional teams and athletes. But Under Armour justifies those costs by saying the sponsorship of high-performing athletes and teams results in a sales windfall due to high exposure at live sporting events, ad campaigns, and as athletes appear on television and on magazine covers.

TIME golf

When He Was 14, Jordan Spieth Said He Wanted to Win the Masters

In a 2008 profile of 14-year-old Jordan Spieth, the Texas native talks about winning the Masters. At the time he was a student at Jesuit High School in Dallas.

“My ultimate goal when I came here, (my instructor) asked me and I said, “’I want to win the Masters.’” Spieth said.

This year, in just his second Masters appearance, Spieth is in position to do just that. He’s the 36-hole leader after finishing with a Masters record 14 under after the first two days. You can watch the video below.

This article originally appeared on Golf.com

TIME golf

See Where Masters Champion Jordan Spieth Fits Into Golf History

The average age of Masters winners is a steady 32

21-year-old Jordan Spieth drove himself into golf history Sunday, winning the Masters with a final score of 18 under par. Spieth tied Tiger Woods for the best tournament total and became the second 21-year-old to win the event, following Woods’ 1997 performance.

Spieth’s stellar performance at such a young age raises the question of whether golfers are tending toward the younger side. According to the Golf Channel, the answer is no: The median and mean age of major champions has remained stable for decades at 32 years of age. Spieth’s win doesn’t change that magic number, but it does fall nicely into a trend of Masters winners’ ages rising and falling, as shown in the chart above.

Some observers attribute the periodic trends to repeat-champions in different generations in golf history. Jack Nicklaus, for example, has the most Masters victories, with five between 1963 and 1975 — and a sixth in 1986. Four-time champions include Arnold Palmer (1958, 1960, 1962, 1964) and Tiger Woods (1997, 2001, 2002, 2005).

Though age might not be changing among Masters winners, the champions do seem to be getting better. Masters winners’ final scores have trended upwards since the first tournaments in the 1930s, with over half of the 10-under-par totals being scored by champions in the last 20 years:

 

TIME golf

Women on Twitter Are Throwing Themselves at Masters Winner Jordan Spieth

Wonder what his girlfriend Annie Verret has to say about that

Jordan Spieth smashed his way to victory to become the second-youngest player to win the Masters at Augusta on Sunday, and his stellar performance has caught the eye of more than a few fans on social media.

Since his big win, the 21-year-old has received declarations of love from admirers on Twitter vying to be his girlfriend.

But to the dismay of many eager women, Spieth does in fact have a girlfriend — his high school sweetheart and business student Annie Verret, who was there to celebrate her golfing beau’s first major title.

Read next: Watch Jack Nicklaus Sink a Hole-in-One During the Masters Par-3 Contest

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