Goldman Sachs drops PGA Tour star Patrick Cantlay following Ryder Cup ‘hat-gate’

The next time you see Patrick Cantlay, he will use a various hat.

Goldman Sachs, among the biggest financial investment banks on the planet, has actually chosen not to restore its recommendation handle Cantlay, per Lauren Hirsch of The New York Times

Cantlay has actually put on the Goldman Sachs logo design on his cap considering that July 2020, when the 2 sides at first struck a sponsorship offer. The previous UCLA Bruin ended up being the very first professional athlete in Goldman Sach's 150-year history to have such an arrangement with the company.

The financial investment company wished to partner with Cantlay to assist construct awareness with Marcus, its electronic banking service. Cantlay used Marcus-branded hats throughout competitions. Goldman Sachs is moving away from this part of its service, and as such, Cantlay will wear a brand-new hat going forward.

Picture by Ben Jared/Getty Images

The news of this recommendation offer ending comes less than 2 months after the Ryder Cup, where Cantlay's hat– or do not have thereof– was the talk of the competitors.

On that Saturday, reports appeared about Cantlay's rejection to use a hat. He allegedly went cap-less to oppose versus the PGA of America's pay-to-play policy for Team USA. Cantlay and others have actually given that refuted that report.

Whether that report had any credibility did not matter to the European fans. The home crowd continuously waved their hats at Cantlay throughout the day, buffooning him all over Marco Simone Golf Club in Rome.

The stress in between the Americans and the fans boiled over on the 18th green, where Cantlay holed a 43-foot birdie putt to win his match over Rory McIlroy and Matt Fitzpatrick. Cantlay's caddie, Joe LaCava, then commemorated by waving his hat towards the crowd, however the looper's presentation came too near McIlroy's putting line, which upset the Northern Irishman.

Picture by Zac Goodwin/Getty Images

McIlroy then needed to be kept back in the parking area after the round, as a video of his disappointments emerged and went viral.

In the end, Team Europe emerged triumphant, with ‘Hat-Gate' being the most popular subject of the 2023 competition.

Cantlay's relationship with Goldman Sachs is not totally over. He might still appear at business occasions in the future, according to the report.

Plus, Cantlay rests on the PGA Tour Board of Directors in addition to Mark Flaherty, a Goldman Director and previous partner of Wellington Management Company.

Jack Milko is a golf personnel author for SB Nation's Playing Through. You can follow him on Twitter @jack_milko for more golf protection. Make certain to have a look at @_PlayingThrough too.