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SFX Acquires Signature Sports Group.


Business Editors

WASHINGTON--(BUSINESS WIRE)--June 26, 2001

Leading Sports & Entertainment Marketer and

Top Golf Management Company Join Forces

Tom Lehman Thomas Edward Lehman (born March 7, 1959) is an American professional golfer.

Lehman was born in Austin, Minnesota but Alexandria, Minnesota is credited as his official Minnesota hometown.
, Larry Mize Larry Hogan Mize (born September 23, 1958) is an American golfer. Despite a creditable career on the PGA Tour he is mainly known for just one shot - the chip from off the green at #11 - which secured his only major title, the 1987 Masters. , Tim Herron,

Rosie Jones, Cristie Kerr and Chris Perry

Among Golfers Represented

SFX SFX Special Effects
SFX Self Extracting (data compression)
SFX SpreadFireFox (IRC)
SFX Sound Effect(s)
SFX Side Effects (counter-strike gaming clan) 
, the world's largest producer and marketer of live entertainment, announced today the acquisition of Signature Sports Group, one of golf's most revered and respected golf management companies.

Effective immediately, Signature Sports Group will become part of SFX Golf, reinforcing SFX's commitment to establishing itself as the industry leader in golf event management, professional golfer representation and golf marketing, while also providing Signature's golf talent with access to global marketing partners and access to SFX's assets. Jim Lehman, formerly principal of Signature Sports Group, will become a senior executive in SFX Golf, and will continue to operate out of Minneapolis.

Signature Sports Group, founded in 1994, manages more than 30 golfers on the professional golf tours Top level professional golf consists of a year round schedule of weekly tournaments played all around the world. Most of the tournaments are organised into series called tours. There are separate tours for men and women.  including Tom Lehman, past British Open champion, who is currently ranked number 18 on the PGA (1) (Professional Graphics Adapter) An early IBM PC display standard for 3D processing with 640x480x256 resolution. It was not widely used.

(2) (Programmable Gate Array) See gate array and FPGA.
 Tour's 2001 money list. Other Signature Sports clients include former Major Champions Larry Mize and Scott Simpson, in addition to Tim Herron, Rosie Jones, Cristie Kerr, and Chris Perry. SFX Golf already represents top golf talent including Greg Norman, John Daly, Scott Hoch, Scott Verplank, and Roger Maltbie.

The addition of Signature Sports also bolsters SFX Golf's growing event management area with events including the world-renowned Dayton's Challenge, the NFL NFL
abbr.
National Football League

NFL (US) n abbr (= National Football League) → Fußball-Nationalliga
 Alumni Super Bowl Showcase of Golf, Wendy's Charity Golf Classic and Metris Shot at College. SFX Golf's current properties include the EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies.  Golf Skills Challenge, EMC Golf Skills European Challenge, American Century Celebrity Golf Championship and Bob Hope Chrysler Classic The Bob Hope Chrysler Classic is a professional golf tournament played each January in California's Coachella Valley. Part of the PGA Tour's early season West Coast Swing, this tournament is well known for its celebrity pro-am, as well as having five daily 18-hole rounds of .

"Acquiring Signature Sports Group - known for its integrity and stellar roster of clients - significantly enhances our golf brand and allows us to continue growing our business globally," said John Mascatello, Senior Vice President, SFX Golf. "Jim and his team have created a world-class talent representation agency that immediately strengthens our position as a force in golfer representation, event management and other golf competencies - similar to our position in other major sports."

"SFX's position and influence as a sports and entertainment marketer are unparalleled," said Jim Lehman. "We are excited to join forces with SFX Golf, which offers us and the professional golfers we represent new opportunities to leverage the company's global resources, such as its corporate relationships, live entertainment and sports events. We also believe this new relationship will allow our tournaments division to grow, as well as further develop the scope of our events."

SFX's recent acquisition of two other golf companies - Greg Norman Production Company in September 2000 and Tony Roosenberg Promotions in April 2001 - enhanced its global leadership position in the sport. The addition of the Greg Norman Production Company, a leading golf events company, and Greg Norman as a client, extended SFX's position as one of Australia's largest sports and entertainment conglomerates. The acquisition of Tony Roosenberg Promotions, the leading golf event promoter in Australia positions SFX as a major force in Professional Golf with events including the Heineken Classic, Australian PGA Championship The Australian PGA Championship, currently known for sponsorship reasons as the Cadbury Schweppes Australian PGA Championship, is a golf tournament on the PGA Tour of Australasia. It is the home tournament of the Australian PGA and dates back to 1905.  and the Greg Norman Holden Classic.

About SFX

SFX, a subsidiary of Clear Channel Worldwide (NYSE NYSE

See: New York Stock Exchange
: CCU CCU
abbr.
1. coronary care unit

2. critical care unit



CCU

critical care unit.

CCU Critical care unit, see there
), is the world's largest producer and marketer of live entertainment events. SFX currently owns, operates and/or exclusively books 135 live entertainment venues, including 44 amphitheaters in the U.S. Each year, more than 62 million people attend approximately 26,000 events promoted and/or produced by SFX, including: Live music events; Broadway and touring Broadway shows; family entertainment shows; and specialized sports and motor sports shows. SFX also provides strategic sports marketing sales and consulting services to professional and college teams, leagues, venues and properties.

In addition, SFX owns a leading full-service talent management company, specializing in the representation of athletes and broadcasters. SFX is headquartered in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
. More information is available at www.sfx.com.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 26, 2001
Words:650
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