New Era Cap Co. has partnered with Golf Design Inc. for the exclusive rights of use for GDI's Magnahat patent. Rights to Magnahat, a creation of Golf Design's founder/owner, John R. Tate, allows New Era to imbed a magnet into the visor of its caps, to which a ball marker will be attached; New Era will use this product for headwear manufactured for its various golf equipment manufacturing partners.

New Era's rights to the Magnahat patent include use and distribution in the United States, Canada, and Europe. Additionally, New Era will incorporate Magnahat in its Fan and College focused product.