John Daly, still a week away from his official PGA Tour return at the St. Jude Invitational, has signed an endorsement deal with sports drink company, All Sport.  He signed a multi-year deal with the company and will feature their Big Red brand drink on his bag .  “Corporate America believes in his comeback,” agent Bud Martin said Thursday.

John Daly’s 6 month PGA suspension is officially over.  Daly was suspended in November after numerous off the course incidents and had recently been playing on the European Tour.  He has been given a sponsor exemption to play in the St. Jude Invitational June 11-14 and is expected to play.

In other news, Daly wore bright pink trousers in the Sunday’s final round at the BMW PGA Championship as a gesture of support for Phil Mickelson’s wife, Amy, who was recently diagnosed with breast cancer.  “I had a pair, so I figured I’d do that for her today. I thought it would be a good gesture,” Daly said of his trousers. “I know Phil very well and I know Amy. I’ve known them for a long time — we’ve played the Tour together. She’s a great lady. She has always been a sweetheart to everybody.”

While John Daly still has 4 months remaining on his PGA Tour suspension, he is starting to get his game back on the European Tour.

Daly, who had tied for 31st at the Spanish Open last week, finished tied for 2nd at this weeks BMW Italian Open.  Daly shot at 31 on the back nine Sunday, with birdies on 11, 14, 16, and 17, in route to a 5-under 66.  It marked the 5th consecutive round in which Daly broke 70.

Daly has lost about 50 pounds and perhaps has matured since undergoing gastric band surgery in February.  When he finished second to Tiger Woods in the 2005 WGC-American Express Championship in San Fransisco, Daly drove to Las Vegas and lost $1 million gambling in just 30 minutes.

That’s right, fresh off a 6 month PGA Tour suspension, John Daly is ready to get back to playing golf.  Daly will be coming back as a changed golfer.  He’s stomach has shrunk (thanks to surgery) and his gambling, drinking and divorce have left him near bankruptcy.  Daly says he’s looking forward to “hitting the European Tour” this week.

Daly’s first action will be the Spanish Open.  This will be Daly’s first tournament since being thrown in jail to sober up almost 6 months ago.  After this, he is scheduled at the Italian Open in Turin, the Irish Open in Baltray and the BMW PGA Championship at Wentworth.

I don’t know about you, but I’m excited to have this guy back in my life: