Ever since Adams Golf announced on Jan. 4, 2012 that it was "examining strategic alternatives," there has been speculation about what would happen to the brand. In the interim, rumors that TaylorMade was interested in acquiring Adams circulated. Those rumors became reality Monday morning as TaylorMade announced it had reached an agreement to acquire all of the outstanding shares of Adams Golf for $10.80 per share in cash, or roughly $70 million. According to a statement from TaylorMade, it will maintain Adams' headquarters in Plano, Texas.
"This acquisition reflects our commitment to continued growth in the golf category," said Herbert Hainer, CEO of adidas Group, TaylorMade's parent company. "The proposed combination of Adams Golf and TaylorMade-adidas Golf brings together two highly complementary sets of brands, combining Adams' focus on game-improvement as well as senior and women golfers with TaylorMade-adidas Golf's focus on the younger and the low-to-mid handicap golfer."
The acquisition by TaylorMade caps a whirlwind few weeks for Adams, which posted sales of $96.5 million in 2011. CEO Chip Brewer left Adams for Callaway Golf on Feb. 28 with company founder Barney Adams taking over as interim CEO.
The follow-up to TaylorMade's highly successful white R11 and Burner SuperFast woods was officially unveiled today by TaylorMade and the name of the product line is certain to raise a few eyebrows: RocketBallz.
Although the moniker (originally conceived by the R&D team when they wrote the name on a prototype after gathering some impressive test data) is different, the technology goals of the clubs remain true to TaylorMade's focus on creating speed for golfers. Specifically, the fairway woods and hybrids each boast a slot in the sole designed to enhance the flexibility of the head and face.
The clubs (which boast a slightly deeper face) are cast from stainless steel and feature a web-like crown structure that gets as thin as 0.4 millimeters. The weight saved from the crown is then used to create a center of gravity position that is low and forward to create a faster ball speed with low spin.
To illustrate the club's performance, TaylorMade has provided a video of Dustin Johnson testing the RocketBallz fairway wood, complete with ProTracer graphics:
Dr. Benoit Vincent, TaylorMade's chief technical officer, explained the slot was positioned in the sole because it is an area that is normally not very flexible due to the amount of weight positioned there. The other benefit, he said, is that golfers tend to make contact with fairway woods and hybrids low on the face. Placing the slot in the sole adds speed to those shots.
Lofts on the fairway wood (street price: $230) are 15, 17, 19, 21,
21 and 24 degrees while the hybrid (street price: $160) comes in 19, 22,
25 and 28 degrees. A Tour version of the hybrid is available in 16.5,
18.5, 21,5 and 24.5 degrees.
Although the
fairway wood and hybrid are non-adjustable, the RocketBallz driver has
an adjustable hosel with eight loft/lie angle settings, making it an
attractive proposition at the $300 price point. The driver does not
feature the slot technology (drivers have larger, springier faces that
are already close to the USGA limit on flexibility and therefore a slot
is not needed),
The club also continues
TaylorMade's work in the area of lightweight clubs (299 grams overall
including a 50-gram Matrix Ozik XCON 5 shaft) with thin crowns and
inverted cone technology in the face. The shaft, at 46 inches slightly
shorter than the Burner SuperFast 2.0, is still long enough to help
boost swing speed.
Two versions of the driver
are available. The standard model features a larger appearance at
address with a standard face height and a slight draw bias while the
tour model appears slightly smaller with a deeper face and a neutral
face angle. Lofts are 9, 10.5 and 13 degrees on the standard model and 9
and 10.5 degrees on RocketBallz Tour.
Although
the RocketBallz woods serve as the headliners, TaylorMade unveiled
several other notable products. Rounding out the RocketBallz line are
two irons models -- RocketBallz and RocketBallz Max.
The
game-improvement RocketBallz set features 3-, 4- and 5-irons that are
made from a high-strength steel alloy and feature a hollow construction
to optimize distance. The large face is as thin as 1.8 millimeters in
some areas to boost the springlike effect. The clubs (which come with
85-gram steel shafts as well as the ability to bend the hosel for lie
and loft adjustments) cost $700 for a set of eight.
Those
seeking distance in irons may gravitate to the RocketBallz Max iron set
($1,400). The strong-lofted irons use tungsten weights that are located
inside the hollow areas of the sole (primarily in the heel and toe
areas) to improve forgiveness. Designers also stiffened the clubface in
the toe area to help promote a slight draw bias.
TaylorMade
also followed up its R11 driver with the R11-S. The 460cc club ($400,
two lofts: 9 and 10.5 degrees) have the same three areas of
adjustability however the soleplate now offers five positions. In all
the club boasts 80 combinations -- that's 32 more than last year's R11
that cover a range of 3 degrees of loft, 6 degrees of face angle and
four millimeters of CG movement.
The R11-S
fairway woods come in five lofts (14, 15.5, 17, 19, 22 degrees) and
feature a thin crown that saves weight that is used to move the center
of gravity forward in an effort to reduce spin and provide more ball
speed. The club ($250) has an adjustable hosel and rotating soleplate
provide 24 options. All RocketBallz and R11-S clubs will be available at
retail Feb. 1.
At the Bob Hope Classic the field of 128 players had a combined 166 fairway woods in their bag. The field also had 115 hybrids in play. Why is this significant? Consider that in the same tournament just five years ago the ratio was 228 to 51 in favor of fairways.
What does this mean? Well, a few things. First, the design of hybrids has evolved with more companies producing hybrids with larger heads and longer shafts that can easily substitute for fairway woods. But the more likely explanation is simply that more pros are coming around to the idea that hybrids are a valuable weapon to have in their arsenal. Players such as Derek lamely.
During the opening round of the Hope, Lamely eagled the par-5 sixth hole at the Palmer Private course en route to a 63. Lamely hit driver and a 2-hybrid to 20 feet and made the putt. Not exactly unusual for a tour pro--except in this instance.
"The funny part is, today's the first round I ever played with a hybrid," said Lamely. "I got Callaway's new hybrid in the bag and it goes just as far as my normal 2-iron, but it's a lot easier to hit it. It's funny, I've never been able to hit one [before]."
Lamely's hybrid was an 18-degree Callaway Razr X Tour (a Gold medal winner on the 2011 Golf Digest Hot List). But Lamely wasn't the only player adding a new hybrid at the Hope. Twenty players, including David Duval (Nike VR, 18 degrees); Harrison Frazar (Titleist 910H, 20 degrees) and Vaughn Taylor (TaylorMade Rescue--the white version), added hybrids this week.
Of course, with so many of the game's best players seeing the benefits of these easy-to-hit clubs, if you don't have one in your bag, perhaps you ought to think about that.