Finchem receives four-year contract extension

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01/11/2012 - Ponte Vedra Beach, FL (Sportsbook Betting Lines) - PGA Tour commissioner Tim Finchem has been given a four-year contract extension through June 2016.

Finchem became the tour's third commissioner in June 1994 and has overseen a period of tremendous growth. Earnings for PGA Tour members have increased substantially and he has been instrumental in developing a number of key events, including the Presidents Cup, PGA Tour playoffs and the World Golf Championships.

"We have accomplished a lot, but there remains a great opportunity to continue to grow over the next four years," said Finchem in a statement. "It is an honor to work in such a wonderful sport with the world's best athletes and a terrific management team. I look forward to continuing to work closely with them in the future."

Joe Dey and Deane Beman were the first two commissioners of the PGA Tour.

Hangsme Golf Betting News

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Matt Kenseth And Kevin Harvick Favorites To Take NASCAR Nextel Cup Championship

(September 15)—The NASCAR season has hit the homestretch with the opening event on this year’s Chase for the Cup taking place this weekend at the Sylvania 300 at New Hampshire International Speedway. With 10 races remaining to determine the Cup Series champion, leading online sportsbook MySportsbook.com today announced odds on all 10 Chase qualifying drivers capturing the NASCAR Sprint Cup Championship.

One of the largest sportsbook sites on the Internet, MySportsbook.com currently lists the top two drivers in the point standings as the early favorites to win the Nextel Cup. Entering the Chase for the Cup with a slim five-point lead in the point standings, 2003 NASCAR champ Matt Kenseth has been made a slight favorite to win his second Cup at 7/2 betting odds. 2001 Cup Rookie of the Year Kevin Harvick has betting odds listed at 5/2 and four-time NASCAR champion Jeff Gordon is listed at 6/1 to capture the Nextel Cup this year.

Hoping to follow in the footsteps of his legendary father who won six NASCAR titles, Dale Earnhardt Jr. stands at 8/1 to breakthrough with his first Cup victory. Staying with the family theme, MySportsbook.com lists 2005 Rookie of the Year Kyle Busch at 14/1 to succeed big brother Kurt’s 2004 NASCAR title. While Kasey Kahne was the final driver to qualify for the Chase with a third place finish last week, the oddsmakers give him a fighting chance at 10/1 mainly due to several mile-and-a-half tracks remaining on the schedule. Despite going winless on the NASCAR circuit this season, Jeff Burton enters the Chase at 5/1 to capture the Cup title. Meanwhile, rookie Denny Hamlin is 4/1 to win the championship, while veteran driver Mark Martin enters the Chase for the Cup as a 15/1 long shot to win his first NASCAR title in his 24th and final season.

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