Goldman Sachs has opted not to renew its contract with Patrick Cantlay, the world’s fifth-ranked golfer. Cantlay signed a three-year deal in 2020, which initially featured his endorsement of Goldman’s online consumer banking platform, Marcus, on his headwear. However, more recently, he only featured the Goldman name on his hats.
According to DealBook, Goldman made this decision after evaluating their partnerships and decided that their logo would no longer appear on Cantlay’s hats. This news comes as a surprise to many, as Cantlay has been a strong advocate for the financial institution in the past.
This isn’t the first time that Pat’s hat has made headlines. A couple of months ago, rumors swirled that he was refusing to wear a hat at the Ryder Cup out of protest for not being paid to compete in the international team competition. Cantlay denied these claims, stating that he wasn’t wearing a hat because the team’s headwear didn’t fit well.
Additionally, Cantlay was supposed to play in the Hero World Challenge in two weeks in the Bahamas alongside friend Xander Schauffele. However, he was taken off the final commitment list due to unknown reasons. This news has left many fans wondering what is going on with Pat’s future sponsorship deals and whether or not this is an indication of his departure from golf altogether.