Money Matters - Simplified


Els wins Grand Slam of Golf

Southampton, Bermuda -- Three straight birdies on the back nine Wednesday vaulted Ernie Els into first place Wednesday and he went on to capture the Grand Slam of Golf.

Els won the event for the second time, his other triumph having come 13 years ago.

The two-day tournament is designed to bring together the winners of the year's for major championships -- the Masters, U.S. Open, British Open and PGA Championship. Only two of those winners, however, played this week at the Port Royal Golf Course.

Masters winner Phil Mickelson and British Open champ Luis Oosthuizen chose not to compete and were replaced by Els and David Toms.

Els shot a 2-under-par 69 Wednesday for a 5-under 137 total and a one-shot victory over Toms.

Tour Championship opens Thursday

Atlanta -- Golf's two biggest weeks of the year outside the major championships begin Thursday with the opening round of the Tour Championship.

Five players are in position to win the FedEx Cup and its $10 million first prize with a victory this week at the East Lake Country Club near downtown Atlanta.

Thirty players are left to battle for the FedEx Cup and, at least mathematically, all of them still have a chance to win it.

Those with the best opportunity to collect the $10 million, however, are Matt Kuchar, Dustin Johnson, Charley Hoffman, Steve Stricker and Paul Casey. Under the points system if any of them wins the Tour Championship this weekend he will capture the FedEx Cup no matter what anybody else does.

Golfer gets 2 holes-in-1; beats huge odds

Joliet -- An Illinois golfer shot two holes-in-one in the same competition -- a feat that carries odds of about 67 million to one, the triumphant golfer said.

Gene Goselin, 59, of Frankfort and a financial adviser with Bourbonnais, Ill.-based Wells Fargo Advisers, said the double aces helped him and his golf partner, Ray Olijar, tie for Frankfort's Green Garden Men's Club golf tournament championship at 13 under par Sunday, the Joliet (Ill.) Herald News reported.

Goselin, who has a 12 handicap, scored the first hole-in-one using a pitching wedge on the par-3 ninth hole of the club's Gold Course, the newspaper said.

"I hit the wedge maybe 3 feet right of the cup, it took one hop, spun back and went right in the hole," Goselin said.

Tiger Woods, Elin Nordegren sad about their split

Elin Nordegren remained silent even as the entire world talked about the turmoil in her married life. But after keeping a low profile for months, quietly watching her marriage fall apart, the now-ex wife of Tiger Woods opened up to People for the first time and revealed what was going on inside her while Tiger Woods’ infidelity scandal was making headlines.

British Open celebrates 150th anniversary

St. Andrews, Scotland -- Golf's oldest tournament celebrates its 150th anniversary beginning Thursday with the playing of the first round of the British Open.

This year's milestone event will be contested at the sport's ancestral home, the Old Course at St. Andrews, where golf has been played since the 1400s. The stories lines will include the latest chapter in the comeback attempt of Tiger Woods.

Woods won the British Open each of the last two times it was played at St. Andrews. He defeated Thomas Bjorn and Ernie Els by eight shots in 2000 and downed Colin Montgomerie by five shots in 2005.

Woods seeks return to form at U.S. Open

Pebble Beach, Calif. -- The 110th U.S. Open will begin Thursday with the chief plot at the start of the tournament having to do with Tiger Woods and his struggling golf game.

Woods has played in four events since coming out seclusion, brought on by the collapse of his personal life, and he has not come close to displaying the form that has made him the world's No. 1 player.

He said this week he had seen improvements in his game and he will try to bring those improvements into actual competition at the Pebble Beach Golf Links.

When the U.S. Open was last held at Pebble Beach 10 years ago, Woods won by a record 15 shots.

Heart transplant recipient in U.S. Open

Pebble Beach, Calif -- Double heart transplant recipient Erik Compton says he will be among those teeing off Thursday at the U.S. Open in Pebble Beach, Calif.

Compton, 30, of Miami, received his first heart transplant at age 12 after being diagnosed with viral cardiomyopathy, a disease that infects the heart muscle, and his second in 2008. Now he's continuing his return to the big stage of the U.S. Open, The Washington Post reported Monday.

Compton, who has two career victories on the Canadian tour, two more on the Hooters Tour and another professional win in Morocco, is playing under a sponsors' exemption, just as he did two weeks ago at The Memorial in Ohio.

Compton said even he doubted he would return to golf after the second transplant.

Dodt, Siem share Euro golf lead

Newport Wales -- Andrew Dodt and Marcel Siem jumped into a first-place tie Friday halfway through the European Tour's Celtic Manor Wales Open.

Siem had a 4-under-par 71 in his second round and Dodt turned in a 70, leaving them both at 6-under 136 after 36 holes. They have a one-stroke lead over Thomas Bjorn, who shot a 68 Friday.

Five golfers are tied for fourth at 4-under. That group includes Peter Lawrie, who was the only golfer among those in the Top 20 after the second round to shoot bogey-free golf Friday.

First-round leader Chris Wood had three double bogeys Friday en route to a 5-over 76 and dropped into a tie for 21st at 1-under 141.

Golf reporter confuses 'disc' with penis

Orlando, Fla. -- A reporter for U.S. cable network The Golf Channel mispronounced Tiger Woods' "bulging disc" to instead refer to the golfer's genitalia.

Reporter Win McMurry misspoke Sunday during a story about Woods' departure from The Players Championship by using a euphemism for the male anatomy in place of the word "disc," the New York Daily News reported Monday.

McMurry quickly corrected her statement and specified she was referring to a "disc in his upper back."

Woods withdrew from the last round of the tournament Sunday after complaining of pain while shooting on the seventh hole.

Copyright 2010 United Press International, Inc. (UPI).

Tiger Woods, Elin heading towards splitsville?

Just when things were settling for Tiger Woods, wife Elin is considering moving out and filing for a divorce, which could cost Woods £200 million.