Patrick Cantlay, the world’s fifth-ranked golfer, has announced that he is parting ways with his hat sponsor, Goldman Sachs. According to DealBook, Goldman Sachs opted not to renew its contract with Cantlay, who it signed to a three-year deal in 2020. This marks the end of Cantlay’s partnership with the company and their logo will no longer appear on his hat.
Cantlay initially represented Goldman’s online consumer banking platform, Marcus, on his headwear but more recently has only featured the Goldman name. A spokesperson for Goldman confirmed this news to DealBook and stated that they constantly evaluate their partnerships and at this time, their logo will no longer appear on Cantlay’s hat.
This announcement comes just a few months after rumors swirled that Cantlay was refusing to wear a hat at the Ryder Cup out of protest for not being paid to compete in the international team competition. However, Cantlay denied these claims and said that he wasn’t donning a hat because the team’s headwear didn’t fit well.
Additionally, Cantlay was also supposed to play in the Hero World Challenge in two weeks in the Bahamas but he was taken off the final commitment list along with friend Xander Schauffele. It is unclear why this happened or if it is related to his decision to end his partnership with Goldman Sachs.