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Golf Industry News - Billy Payne

Billy Payne, Chairman of Augusta National Golf Club and the Masters Tournament, is retiring from his position at the beginning of the Club season on October 16. Payne will be succeeded as Chairman by Fred Ridley, who currently serves the Masters Tournament as Chairman of the Competition Committees

Gold medallists in the Olympic Games will receive a one-year exemption into golf’s Major championships

The BBC will continue to broadcast the Masters live on terrestrial TV after signing a new deal to cover the first major of the golfing year.