Dick's purchased the brand from Callaway Golf Company.
[3] Due to competition from Adidas, the acquisition cost Callaway Golf $169 million.
[4] Callaway had already invested $170 million in its own plant in Carlsbad, California, this acquisition made it the second largest golf ball manufacturer at 22% of the market, behind only the Acushnet Golf.
[5] In 2012, Oliver "Chip" Gordon Brewer III was named CEO of Callaway.
Callaway sold the Top-Flite brand to Dick's Sporting Goods, citing declining sales,[6]