Callaway Golf Signs Teen to Endorsement Contract

Callaway Golf Co., the world’s largest golf-club maker, signed 17-year-old Morgan Pressel to a multiyear endorsement agreement a day after she was granted full status on the LPGA Tour.

Pressel, the winner of this year’s U.S. Women’s Amateur, will use Callaway’s clubs and balls and carry a bag made by the Carlsbad, Calif.-based company. She’ll also wear the company’s logo on her visor when on the course, Callaway said in a news release. Financial terms weren’t disclosed.