Financial Firm Goldman Sachs 'Suspends Sponsorship of World Ranking 5th Cantlay'
Cause of 'Hat Gate' Triggered at Ryder Cup
Goldman Sachs Announces 'Business-Level Decision'
Cantlay to Participate in Hero World Challenge on 30th
Financial company Goldman Sachs is ending its sponsorship of Patrick Cantlay (USA).
The American golf media outlet Golf Channel reported on the 21st (local time) that "Goldman Sachs has decided to no longer sponsor Cantlay." Goldman Sachs explained, "We always evaluate the company's partnerships. This time, we decided not to put our logo on Cantlay's hat."
Cantlay is a strong player ranked 5th in the world with a total of 8 wins on the PGA Tour. He has been sponsored by Goldman Sachs since 2020. In September, he triggered the so-called 'hat gate' at the Ryder Cup, a golf competition between the United States and Europe. Golf players usually wear hats with the logos of their sponsors or equipment companies during tournaments, but at the Ryder Cup, they wear hats with the team logo.
Cantlay did not wear a hat at the 2021 and 2023 Ryder Cups. British media reported that "Cantlay did not wear a hat as a protest against the Ryder Cup, which does not award prize money," while Cantlay explained, "I simply did not wear it because the hat did not fit my head." When European-supporting spectators mocked Cantlay, on the final day of the Ryder Cup, Xander Schauffele, Collin Morikawa, and Justin Thomas (all from the USA) also did not wear hats together.
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The news of Cantlay's contract renewal failure came less than two months after the Ryder Cup, where the 'hat gate' occurred, ended. Patrick Cantlay, who triggered the 'hat gate,' now faces the situation of having to find a new sponsor. He will participate in the PGA Tour 'special event' Hero World Challenge (total prize money $3.5 million), hosted by the 'Golf Emperor' Tiger Woods Foundation, on the 30th.
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