Patrick Cantlay loses Goldman Sachs sponsorship after four years

If Patrick Cantlay is going to wear a hat on the golf course in 2024 it won’t feature the Goldman Sachs logo. The bank signed Cantlay, 31, to its first-ever golf deal but will not renew its endorsement of the eight-time PGA Tour winner. Goldman signed a three-year deal with Cantlay in 2020 and agreed to a new one-year deal at the start of 2023. DealBook and the New York Times were the first to report the news.

“We constantly evaluate the firm’s partnerships, and at this time, our logo will no longer appear on his hat,” a Goldman spokesman told DealBook.

Cantlay’s name made headlines last year for a variety of reasons, thanks to his slow play on the field and motivation off it. Most recently, he was at the center of attention for his decision not to wear a hat at the Ryder Cup in Italy earlier this fall. Cantlay said the reason was that the U.S. team’s caps didn’t fit. According to multiple reports, this was a silent protest against the lack of pay for Ryder Cup players.

This tour season, Cantlay has started 21 games at the 2022 Shriners Children’s Open and 2023 FedEx St. Jude Championship, with 16 top-25 finishes and two runner-up finishes.