McCormack, Mark H.
McCormack responds to Peter Smith's memo concerning downpayment money for Golf Channel. He suggests how much money should go toward each tournament based on their importance. He also provides his opinion on the British Open and video rights, and indicates that their main reason for doing all of the foreign deals now is to prevent Deane Beman from doing it. He emphasizes the importance of getting things done immediately. Attached is Smith's memo to McCormack providing a draft of how their downpayment money might be alotted.