Three names. Three exemptions. One open spot. The AT&T Pebble Beach Pro-Am just handed fans another reason to question what “merit” actually means on the PGA Tour.

Sean Zak of Golf.com broke the news on X: Tony Finau, Billy Horschel, and Keith Mitchell have received sponsor exemptions into the February 12 Signature Event. Underdog Golf amplified the report, and the replies filled predictably with the same arguments fans have rehearsed for two years running.

The division landed along familiar lines: Horschel drew support, Finau absorbed skepticism, and speculation about the fourth spot coalesced around a single name with the certainty of gravity pulling objects downward.

Horschel’s case practically writes itself. His 2024 resume includes a T2 at The Open, a T7 at the Wyndham Championship, and a T10 at the FedEx St. Jude. Mitchell earned acceptance as a borderline but defensible selection, his 80-plus starts on Tour clearing the eligibility threshold sponsors require.

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Finau faced sharper examination. The recent form tells the story: missed cuts at the Sony Open and American Express, with only a T11 at the Farmers Insurance Open offering counter-evidence. He remains a five-time PGA Tour winner and a consistent draw, but the gap between reputation and results has widened enough for fans to notice.

The fourth exemption remains undecided, and the prediction market points overwhelmingly toward Jordan Spieth. The confidence isn’t baseless: Spieth is already committed to Pebble Beach as an AT&T ambassador, previous coverage confirmed. The announcement appears to be a matter of timing rather than uncertainty.

That predictability is precisely what fuels the broader critique.

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PGA Tour fans voice divided reactions to Pebble Beach exemptions

The replies to Underdog Golf’s post captured the full spectrum of fan sentiment—support, skepticism, and speculation running in parallel threads.

“I support Billy Ho and Cashmere Keith getting exemptions, but Finau hasn’t earned it imo,” one fan wrote, drawing the line between acceptable and questionable selections.

Spieth speculation dominated the conversation.

“Spieth? AT&Ts golden boy!?” one asked, the punctuation carrying the weight of a longer argument.

“Will certainly be Spieth,” another predicted. “They’re just waiting because he will probably win this week and play himself into it on points.”

A third went further: “I’d put my entire bank account on this being Spieth if he doesn’t completely shit the bed in Phoenix. It might not even matter how he plays, to be honest.”

One fan spotted a potential irregularity altogether separate from the Spieth question.

“It could be Mackenzie Hughes, he’s listed as being in the field on the event website, and I’m not quite sure how he’s in w/o a Sponsors Invite or winning Phoenix,” the comment read, noting Hughes fell outside the Top 50 FedEx Cup, Aon Next 10, and Aon Swing 5. The observation underscores how closely fans now track qualification logic—and how quickly they flag apparent contradictions.

Sponsor exemptions exist because title sponsors pay between $25 million and $30 million annually for Signature Events—roughly 1.5 times the prize purse. That investment buys the right to curate fields, and curated fields mean recognizable names over conditional-status grinders who might actually need the start.

The fourth spot will be announced soon. The debate will continue regardless.