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09/03/2010 - Dublin, OH (Sportsbook Betting Lines) - Nationwide Insurance has closed one door and opened another.
The company said Friday it will no longer sponsor the PGA Tour's developmental circuit when its contract runs out after the 2012 season. But it also announced a six-year deal to become the presenting sponsor of the Memorial Tournament beginning in 2011.
The insurance giant has been the title sponsor of the Nationwide Tour since 2003, when it took over for Buy.com, and is currently in the eighth year of a 10-year deal.
PGA Tour commissioner Tim Finchem said he doesn't anticipate any problems finding another company to sign on as a sponsor for the 2013 season and beyond.
"Some people view it as maybe the best branding opportunity in sports because of the overall exposure," Finchem said.
He said the tour wants to find a company "that's active, engaged (and) wants to build something."
"And if we can manage that," Finchem said, "we'll be just fine."
Nationwide executive Jim Lyski said the company has been happy to be the namesake of the developmental tour, but jumped at the opportunity to sponsor the Memorial.
Jack Nicklaus' tournament -- a top draw on the PGA Tour -- is held at Muirfield Village in Dublin, close to Nationwide's headquarters in Columbus.
"We have been very, very happy over the last several years with the Nationwide Tour, but when we had an opportunity to step up and sponsor or present the Memorial, it was too good of an opportunity to pass," Lyski said.
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El Duque expected to throw Tuesday
PORT ST. LUCIE, Fla. -- New York Mets pitcher Orlando Hernandez, sidelined at spring training because of arthritis in his neck, is expected to resume throwing on Tuesday.
Hernandez received a cortisone shot Thursday after leaving camp and returning to New York to have his neck examined. The 41-year-old right-hander is penciled in as the team's No. 2 starter behind Tom Glavine.
El Duque's health is a major issue for the Mets, who won the NL East in 2007 and came within one victory of the World Series. Their aging and unsettled rotation is a big question mark this year.
MySportsbook.com has the Mets as -110 favorites to repeat as NL East champions odds.
Hernandez went 11-11 with a 4.66 ERA last season, including 9-7 with a 4.09 ERA in 20 starts after the Mets acquired him from Arizona in late May. But he missed the playoffs because of a torn calf muscle.
New York already is without Pedro Martinez, out until at least midseason following rotator cuff surgery. Among those competing for starting jobs are prospects Mike Pelfrey, Philip Humber and Jason Vargas, plus veterans Chan Ho Park, Jorge Sosa and Aaron Sele.
Notes: Mets manager Willie Randolph is excited about two new utility players he could have on his bench: Damion Easley and David Newhan. ''Their value is really all over the place,'' Randolph said. Easley can play anywhere in the infield and could be used as an emergency outfielder, though Randolph said he would prefer to keep the veteran in the infield. Newhan, meanwhile, can play second base, third or any outfield position for the Mets. ''I love versatility,'' Randolph said. ''I love guys that can give me options when I need them to step in.''
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