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 opted not to renew its contract with Cantlay, who they signed to a three-year deal in 2020. Cantlay initially represented Goldman’s online consumer banking platform, Marcus, on his headwear but more recently has featured just the Goldman name.
This isn’t the first time Cantlay has made headlines regarding his hat. A few months ago, rumors swirled that he 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 instead said that he wasn’t donning a hat because the team’s headwear didn’t fit well.
Cantlay was also supposed to play in the Hero World Challenge in two weeks in the Bahamas alongside friend Xander Schauffele. However, he was taken off the final commitment list along with Schauffele for reasons that have not been disclosed.
Goldman spokesperson confirmed that they constantly evaluate their partnerships and at this time their logo will no longer appear on Cantlay’s hat. This move is likely due to Cantlay not meeting certain expectations or delivering results as per their agreement.