Patrick Cantlay, the world’s fifth-ranked golfer, has announced that he will be parting ways with his hat sponsor, Goldman Sachs. According to DealBook, Goldman Sachs has opted not to renew its contract with Cantlay, who they signed to a three-year deal in 2020. The company initially sponsored Cantlay’s online consumer banking platform, Marcus, on his headwear but more recently only featured the Goldman name.
A Goldman spokesperson confirmed this news to DealBook and stated that “We constantly evaluate our partnerships and at this time our logo will no longer appear on his hat.” This marks the end of a successful partnership between Cantlay and Goldman Sachs that began two years ago.
Cantlay made headlines earlier this year when rumors swirled that he was refusing to wear a hat during the Ryder Cup out of protest for not being paid to compete in the international team competition. However, Cantlay denied these claims and explained that he wasn’t wearing a hat because the team’s headwear didn’t fit well.
In addition to this incident, Cantlay was also supposed to play in the Hero World Challenge in two weeks in the Bahamas but was taken off the final commitment list along with friend Xander Schauffele. It is unclear why Cantlay was removed from the tournament but it is likely due to an injury or scheduling conflict.