PONTE VEDRA BEACH, Fla. -- Jay Monahan is not wasting any time as the new commissioner of the PGA Tour, notching his signature moment less than five months into his tenure as just the fourth commissioner in the league's history.
Although it had been in the works before he took over for Tim Finchem in January, Monahan on Tuesday announced a 10-year extension of a deal with FedEx to sponsor its year-long points race and season-ending playoff format.
"In a relatively short period of time, it has become something that really shapes our players' schedule.