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Tiger, Phil don't like FedEx payout

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06:51 AM ET 08.20 | Before Tiger Woods's decision to skip the opening FedEx Cup event, the biggest newsmaker was the amount of the first prize and the form in which it will be awarded. The Tour's policy board, which includes four players, approved the winnings to be paid in an annuity, but the Tour membership has not embraced the idea. "I may be dead by the time my retirement fund comes around for me to be able to utilize it," Woods said. Phil Mickelson seemed similarly disappointed.

New York Times

Tiger Woods, AP Tiger Woods, AP

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