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    <link:label id="lab_us-gaap_CostMethodInvestments_B40FFF8872ABAFDC1FC28AB392EF4BC3_terseLabel_en-US" xlink:label="lab_us-gaap_CostMethodInvestments_B40FFF8872ABAFDC1FC28AB392EF4BC3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment in golf-related venture (Note 8)</link:label>
    <link:label id="lab_us-gaap_CostMethodInvestments_B40FFF8872ABAFDC1FC28AB392EF4BC3_label_en-US" xlink:label="lab_us-gaap_CostMethodInvestments_B40FFF8872ABAFDC1FC28AB392EF4BC3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CostMethodInvestments" xlink:label="loc_us-gaap_CostMethodInvestments_B40FFF8872ABAFDC1FC28AB392EF4BC3" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherAssetsNoncurrent_5F1E1B42259A1A8226568AB392EF3C42_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrent_5F1E1B42259A1A8226568AB392EF3C42" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_us-gaap_OtherAssetsNoncurrent_5F1E1B42259A1A8226568AB392EF3C42_label_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrent_5F1E1B42259A1A8226568AB392EF3C42" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets, Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsNoncurrent" xlink:label="loc_us-gaap_OtherAssetsNoncurrent_5F1E1B42259A1A8226568AB392EF3C42" xlink:type="locator" />
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    <link:label id="lab_us-gaap_Assets_451537343D264A47EC198AB392EF3DD0_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_451537343D264A47EC198AB392EF3DD0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_us-gaap_Assets_451537343D264A47EC198AB392EF3DD0_label_en-US" xlink:label="lab_us-gaap_Assets_451537343D264A47EC198AB392EF3DD0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_451537343D264A47EC198AB392EF3DD0" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_34DE0906790193E646158AB392EF66AF_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_34DE0906790193E646158AB392EF66AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIABILITIES AND SHAREHOLDERS' EQUITY</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_34DE0906790193E646158AB392EF66AF_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_34DE0906790193E646158AB392EF66AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_34DE0906790193E646158AB392EF66AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_34DE0906790193E646158AB392EF66AF" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_34DE0906790193E646158AB392EF66AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesCurrentAbstract_B8F7787458737F5D2C1B8AB392EFC97F_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrentAbstract_B8F7787458737F5D2C1B8AB392EFC97F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current liabilities:</link:label>
    <link:label id="lab_us-gaap_LiabilitiesCurrentAbstract_B8F7787458737F5D2C1B8AB392EFC97F_label_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrentAbstract_B8F7787458737F5D2C1B8AB392EFC97F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities, Current [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesCurrentAbstract" xlink:label="loc_us-gaap_LiabilitiesCurrentAbstract_B8F7787458737F5D2C1B8AB392EFC97F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesCurrentAbstract_B8F7787458737F5D2C1B8AB392EFC97F" xlink:to="lab_us-gaap_LiabilitiesCurrentAbstract_B8F7787458737F5D2C1B8AB392EFC97F" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_C3D05309A92659CEBBD08AB392EF30A1_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_C3D05309A92659CEBBD08AB392EF30A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and accrued expenses</link:label>
    <link:label id="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_C3D05309A92659CEBBD08AB392EF30A1_label_en-US" xlink:label="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_C3D05309A92659CEBBD08AB392EF30A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Payable and Accrued Liabilities, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_C3D05309A92659CEBBD08AB392EF30A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_C3D05309A92659CEBBD08AB392EF30A1" xlink:to="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_C3D05309A92659CEBBD08AB392EF30A1" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_AEDEFC696AFF1B7A15548AB392EF1548_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_AEDEFC696AFF1B7A15548AB392EF1548" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued employee compensation and benefits</link:label>
    <link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_AEDEFC696AFF1B7A15548AB392EF1548_label_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_AEDEFC696AFF1B7A15548AB392EF1548" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee-related Liabilities, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeRelatedLiabilitiesCurrent" xlink:label="loc_us-gaap_EmployeeRelatedLiabilitiesCurrent_AEDEFC696AFF1B7A15548AB392EF1548" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeRelatedLiabilitiesCurrent_AEDEFC696AFF1B7A15548AB392EF1548" xlink:to="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_AEDEFC696AFF1B7A15548AB392EF1548" xlink:type="arc" />
    <link:label id="lab_us-gaap_LinesOfCreditCurrent_FA0058433346401E642A8AB392EFCCAF_terseLabel_en-US" xlink:label="lab_us-gaap_LinesOfCreditCurrent_FA0058433346401E642A8AB392EFCCAF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset-based credit facilities</link:label>
    <link:label id="lab_us-gaap_LinesOfCreditCurrent_FA0058433346401E642A8AB392EFCCAF_label_en-US" xlink:label="lab_us-gaap_LinesOfCreditCurrent_FA0058433346401E642A8AB392EFCCAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LinesOfCreditCurrent" xlink:label="loc_us-gaap_LinesOfCreditCurrent_FA0058433346401E642A8AB392EFCCAF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LinesOfCreditCurrent_FA0058433346401E642A8AB392EFCCAF" xlink:to="lab_us-gaap_LinesOfCreditCurrent_FA0058433346401E642A8AB392EFCCAF" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProductWarrantyAccrualClassifiedCurrent_B65CD2EA66D12CA535848AB392EF1F6E_terseLabel_en-US" xlink:label="lab_us-gaap_ProductWarrantyAccrualClassifiedCurrent_B65CD2EA66D12CA535848AB392EF1F6E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued warranty expense</link:label>
    <link:label id="lab_us-gaap_ProductWarrantyAccrualClassifiedCurrent_B65CD2EA66D12CA535848AB392EF1F6E_label_en-US" xlink:label="lab_us-gaap_ProductWarrantyAccrualClassifiedCurrent_B65CD2EA66D12CA535848AB392EF1F6E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Product Warranty Accrual, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductWarrantyAccrualClassifiedCurrent" xlink:label="loc_us-gaap_ProductWarrantyAccrualClassifiedCurrent_B65CD2EA66D12CA535848AB392EF1F6E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProductWarrantyAccrualClassifiedCurrent_B65CD2EA66D12CA535848AB392EF1F6E" xlink:to="lab_us-gaap_ProductWarrantyAccrualClassifiedCurrent_B65CD2EA66D12CA535848AB392EF1F6E" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccruedIncomeTaxesCurrent_5873D18F8AB3C8C19BAD8AB392EF2C6A_terseLabel_en-US" xlink:label="lab_us-gaap_AccruedIncomeTaxesCurrent_5873D18F8AB3C8C19BAD8AB392EF2C6A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax liability</link:label>
    <link:label id="lab_us-gaap_AccruedIncomeTaxesCurrent_5873D18F8AB3C8C19BAD8AB392EF2C6A_label_en-US" xlink:label="lab_us-gaap_AccruedIncomeTaxesCurrent_5873D18F8AB3C8C19BAD8AB392EF2C6A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Income Taxes, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedIncomeTaxesCurrent" xlink:label="loc_us-gaap_AccruedIncomeTaxesCurrent_5873D18F8AB3C8C19BAD8AB392EF2C6A" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LiabilitiesCurrent_16AE70320521F6FB3D2C8AB392EF0FD6_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrent_16AE70320521F6FB3D2C8AB392EF0FD6" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total current liabilities</link:label>
    <link:label id="lab_us-gaap_LiabilitiesCurrent_16AE70320521F6FB3D2C8AB392EF0FD6_label_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrent_16AE70320521F6FB3D2C8AB392EF0FD6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesCurrent" xlink:label="loc_us-gaap_LiabilitiesCurrent_16AE70320521F6FB3D2C8AB392EF0FD6" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LiabilitiesNoncurrentAbstract_495D92EEFBBE55B8301C8AB392EFF44C_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesNoncurrentAbstract_495D92EEFBBE55B8301C8AB392EFF44C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term liabilities:</link:label>
    <link:label id="lab_us-gaap_LiabilitiesNoncurrentAbstract_495D92EEFBBE55B8301C8AB392EFF44C_label_en-US" xlink:label="lab_us-gaap_LiabilitiesNoncurrentAbstract_495D92EEFBBE55B8301C8AB392EFF44C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities, Noncurrent [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesNoncurrentAbstract" xlink:label="loc_us-gaap_LiabilitiesNoncurrentAbstract_495D92EEFBBE55B8301C8AB392EFF44C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AccruedIncomeTaxesNoncurrent_43AC26F3684A22A74A318AB392EFAB69_label_en-US" xlink:label="lab_us-gaap_AccruedIncomeTaxesNoncurrent_43AC26F3684A22A74A318AB392EFAB69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Income Taxes, Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedIncomeTaxesNoncurrent" xlink:label="loc_us-gaap_AccruedIncomeTaxesNoncurrent_43AC26F3684A22A74A318AB392EFAB69" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesNoncurrent_B9DE42624645D059EF758AB392F09457_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesNoncurrent_B9DE42624645D059EF758AB392F09457" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Net, Noncurrent</link:label>
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    <link:label id="lab_us-gaap_OtherLiabilitiesNoncurrent_239D4BB5077D783B17898AB392F0FCC7_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesNoncurrent_239D4BB5077D783B17898AB392F0FCC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities, Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilitiesNoncurrent" xlink:label="loc_us-gaap_OtherLiabilitiesNoncurrent_239D4BB5077D783B17898AB392F0FCC7" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtInstrumentLineItems_64603C9E94837B2C2052A34BDBD8DFD2_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_64603C9E94837B2C2052A34BDBD8DFD2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument [Line Items]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentLineItems_64603C9E94837B2C2052A34BDBD8DFD2_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_64603C9E94837B2C2052A34BDBD8DFD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="loc_us-gaap_DebtInstrumentLineItems_64603C9E94837B2C2052A34BDBD8DFD2" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LettersOfCreditOutstandingAmount_70DAC957E4ECCF21BECBA34BDBD81AB8_terseLabel_en-US" xlink:label="lab_us-gaap_LettersOfCreditOutstandingAmount_70DAC957E4ECCF21BECBA34BDBD81AB8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount outstanding under letters of credit</link:label>
    <link:label id="lab_us-gaap_LettersOfCreditOutstandingAmount_70DAC957E4ECCF21BECBA34BDBD81AB8_label_en-US" xlink:label="lab_us-gaap_LettersOfCreditOutstandingAmount_70DAC957E4ECCF21BECBA34BDBD81AB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Letters of Credit Outstanding, Amount</link:label>
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    <link:label id="lab_ely_DebtInstrumentMaximumAdditionalBorrowingCapacityAmount_2C1255FE31F04C464120A34BDBD82114_terseLabel_en-US" xlink:label="lab_ely_DebtInstrumentMaximumAdditionalBorrowingCapacityAmount_2C1255FE31F04C464120A34BDBD82114" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt instrument maximum additional borrowing capacity amount</link:label>
    <link:label id="lab_ely_DebtInstrumentMaximumAdditionalBorrowingCapacityAmount_2C1255FE31F04C464120A34BDBD82114_label_en-US" xlink:label="lab_ely_DebtInstrumentMaximumAdditionalBorrowingCapacityAmount_2C1255FE31F04C464120A34BDBD82114" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument Maximum Additional Borrowing Capacity Amount</link:label>
    <link:label id="lab_ely_DebtInstrumentMaximumAdditionalBorrowingCapacityAmount_2C1255FE31F04C464120A34BDBD82114_documentation_en-US" xlink:label="lab_ely_DebtInstrumentMaximumAdditionalBorrowingCapacityAmount_2C1255FE31F04C464120A34BDBD82114" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The maximum additional amount of consolidated funded indebtedness that could have been outstanding as of the balance sheet date.</link:label>
    <link:loc xlink:href="ely-20170630.xsd#ely_DebtInstrumentMaximumAdditionalBorrowingCapacityAmount" xlink:label="loc_ely_DebtInstrumentMaximumAdditionalBorrowingCapacityAmount_2C1255FE31F04C464120A34BDBD82114" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ely_DebtInstrumentMaximumAdditionalBorrowingCapacityAmount_2C1255FE31F04C464120A34BDBD82114" xlink:to="lab_ely_DebtInstrumentMaximumAdditionalBorrowingCapacityAmount_2C1255FE31F04C464120A34BDBD82114" xlink:type="arc" />
    <link:label id="lab_ely_TotalAvailableLiquidity_C9A67580176249F9BA6BA34BDBD8B9F6_terseLabel_en-US" xlink:label="lab_ely_TotalAvailableLiquidity_C9A67580176249F9BA6BA34BDBD8B9F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total available liquidity</link:label>
    <link:label id="lab_ely_TotalAvailableLiquidity_C9A67580176249F9BA6BA34BDBD8B9F6_label_en-US" xlink:label="lab_ely_TotalAvailableLiquidity_C9A67580176249F9BA6BA34BDBD8B9F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Available Liquidity</link:label>
    <link:label id="lab_ely_TotalAvailableLiquidity_C9A67580176249F9BA6BA34BDBD8B9F6_documentation_en-US" xlink:label="lab_ely_TotalAvailableLiquidity_C9A67580176249F9BA6BA34BDBD8B9F6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Available liquidity defined as cash on hand plus the maximum additional indebtedness as of the balance sheet date.</link:label>
    <link:loc xlink:href="ely-20170630.xsd#ely_TotalAvailableLiquidity" xlink:label="loc_ely_TotalAvailableLiquidity_C9A67580176249F9BA6BA34BDBD8B9F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ely_TotalAvailableLiquidity_C9A67580176249F9BA6BA34BDBD8B9F6" xlink:to="lab_ely_TotalAvailableLiquidity_C9A67580176249F9BA6BA34BDBD8B9F6" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_185C47D430A3259CE114A34BDBD82F3F_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_185C47D430A3259CE114A34BDBD82F3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset-based credit facility, maximum borrowing capacity</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_185C47D430A3259CE114A34BDBD82F3F_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_185C47D430A3259CE114A34BDBD82F3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Maximum Borrowing Capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_185C47D430A3259CE114A34BDBD82F3F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_185C47D430A3259CE114A34BDBD82F3F" xlink:to="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_185C47D430A3259CE114A34BDBD82F3F" xlink:type="arc" />
    <link:label id="lab_ely_DebtInstrumentFeeAmortizationPeriod_1EF31516F08BEA109060A34BDBD8FB29_terseLabel_en-US" xlink:label="lab_ely_DebtInstrumentFeeAmortizationPeriod_1EF31516F08BEA109060A34BDBD8FB29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fee amount amortization period</link:label>
    <link:label id="lab_ely_DebtInstrumentFeeAmortizationPeriod_1EF31516F08BEA109060A34BDBD8FB29_label_en-US" xlink:label="lab_ely_DebtInstrumentFeeAmortizationPeriod_1EF31516F08BEA109060A34BDBD8FB29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Fee Amortization Period</link:label>
    <link:label id="lab_ely_DebtInstrumentFeeAmortizationPeriod_1EF31516F08BEA109060A34BDBD8FB29_documentation_en-US" xlink:label="lab_ely_DebtInstrumentFeeAmortizationPeriod_1EF31516F08BEA109060A34BDBD8FB29" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Fee Amortization Period</link:label>
    <link:loc xlink:href="ely-20170630.xsd#ely_DebtInstrumentFeeAmortizationPeriod" xlink:label="loc_ely_DebtInstrumentFeeAmortizationPeriod_1EF31516F08BEA109060A34BDBD8FB29" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ely_DebtInstrumentFeeAmortizationPeriod_1EF31516F08BEA109060A34BDBD8FB29" xlink:to="lab_ely_DebtInstrumentFeeAmortizationPeriod_1EF31516F08BEA109060A34BDBD8FB29" xlink:type="arc" />
    <link:label id="lab_ely_LineOfCreditFacilityCovenantTermsMinimumFixedChargeCoverageRatioAfterMinimumOutstandingThresholdIsMet_9F2F105552B8D67D7A45A34BDBD8B234_terseLabel_en-US" xlink:label="lab_ely_LineOfCreditFacilityCovenantTermsMinimumFixedChargeCoverageRatioAfterMinimumOutstandingThresholdIsMet_9F2F105552B8D67D7A45A34BDBD8B234" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum fixed charge coverage ratio after minimum outstanding threshold is met</link:label>
    <link:label id="lab_ely_LineOfCreditFacilityCovenantTermsMinimumFixedChargeCoverageRatioAfterMinimumOutstandingThresholdIsMet_9F2F105552B8D67D7A45A34BDBD8B234_label_en-US" xlink:label="lab_ely_LineOfCreditFacilityCovenantTermsMinimumFixedChargeCoverageRatioAfterMinimumOutstandingThresholdIsMet_9F2F105552B8D67D7A45A34BDBD8B234" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line Of Credit Facility, Covenant Terms, Minimum Fixed Charge Coverage Ratio After Minimum Outstanding Threshold Is Met</link:label>
    <link:label id="lab_ely_LineOfCreditFacilityCovenantTermsMinimumFixedChargeCoverageRatioAfterMinimumOutstandingThresholdIsMet_9F2F105552B8D67D7A45A34BDBD8B234_documentation_en-US" xlink:label="lab_ely_LineOfCreditFacilityCovenantTermsMinimumFixedChargeCoverageRatioAfterMinimumOutstandingThresholdIsMet_9F2F105552B8D67D7A45A34BDBD8B234" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line Of Credit Facility, Covenant Terms, Minimum Fixed Charge Coverage Ratio After Minimum Outstanding Threshold Is Met</link:label>
    <link:loc xlink:href="ely-20170630.xsd#ely_LineOfCreditFacilityCovenantTermsMinimumFixedChargeCoverageRatioAfterMinimumOutstandingThresholdIsMet" xlink:label="loc_ely_LineOfCreditFacilityCovenantTermsMinimumFixedChargeCoverageRatioAfterMinimumOutstandingThresholdIsMet_9F2F105552B8D67D7A45A34BDBD8B234" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ely_LineOfCreditFacilityCovenantTermsMinimumFixedChargeCoverageRatioAfterMinimumOutstandingThresholdIsMet_9F2F105552B8D67D7A45A34BDBD8B234" xlink:to="lab_ely_LineOfCreditFacilityCovenantTermsMinimumFixedChargeCoverageRatioAfterMinimumOutstandingThresholdIsMet_9F2F105552B8D67D7A45A34BDBD8B234" xlink:type="arc" />
    <link:label id="lab_ely_LineOfCreditFacilityCovenantTermsMaximumLeverageRatioAfterMinimumOutstandingThresholdIsMet_6D76D2D930D8C52118E1A34BDBD8E036_terseLabel_en-US" xlink:label="lab_ely_LineOfCreditFacilityCovenantTermsMaximumLeverageRatioAfterMinimumOutstandingThresholdIsMet_6D76D2D930D8C52118E1A34BDBD8E036" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum leverage ratio after minimum outstanding threshold is met</link:label>
    <link:label id="lab_ely_LineOfCreditFacilityCovenantTermsMaximumLeverageRatioAfterMinimumOutstandingThresholdIsMet_6D76D2D930D8C52118E1A34BDBD8E036_label_en-US" xlink:label="lab_ely_LineOfCreditFacilityCovenantTermsMaximumLeverageRatioAfterMinimumOutstandingThresholdIsMet_6D76D2D930D8C52118E1A34BDBD8E036" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line Of Credit Facility, Covenant Terms, Maximum Leverage Ratio After Minimum Outstanding Threshold Is Met</link:label>
    <link:label id="lab_ely_LineOfCreditFacilityCovenantTermsMaximumLeverageRatioAfterMinimumOutstandingThresholdIsMet_6D76D2D930D8C52118E1A34BDBD8E036_documentation_en-US" xlink:label="lab_ely_LineOfCreditFacilityCovenantTermsMaximumLeverageRatioAfterMinimumOutstandingThresholdIsMet_6D76D2D930D8C52118E1A34BDBD8E036" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line Of Credit Facility, Covenant Terms, Maximum Leverage Ratio After Minimum Outstanding Threshold Is Met</link:label>
    <link:loc xlink:href="ely-20170630.xsd#ely_LineOfCreditFacilityCovenantTermsMaximumLeverageRatioAfterMinimumOutstandingThresholdIsMet" xlink:label="loc_ely_LineOfCreditFacilityCovenantTermsMaximumLeverageRatioAfterMinimumOutstandingThresholdIsMet_6D76D2D930D8C52118E1A34BDBD8E036" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ely_LineOfCreditFacilityCovenantTermsMaximumLeverageRatioAfterMinimumOutstandingThresholdIsMet_6D76D2D930D8C52118E1A34BDBD8E036" xlink:to="lab_ely_LineOfCreditFacilityCovenantTermsMaximumLeverageRatioAfterMinimumOutstandingThresholdIsMet_6D76D2D930D8C52118E1A34BDBD8E036" xlink:type="arc" />
    <link:label id="lab_ely_LineOfCreditFacilityCovenantTermsMinimumOutstandingThreshold_976694B0EF843ECB5BFEA34BDBD88370_terseLabel_en-US" xlink:label="lab_ely_LineOfCreditFacilityCovenantTermsMinimumOutstandingThreshold_976694B0EF843ECB5BFEA34BDBD88370" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum outstanding threshold</link:label>
    <link:label id="lab_ely_LineOfCreditFacilityCovenantTermsMinimumOutstandingThreshold_976694B0EF843ECB5BFEA34BDBD88370_label_en-US" xlink:label="lab_ely_LineOfCreditFacilityCovenantTermsMinimumOutstandingThreshold_976694B0EF843ECB5BFEA34BDBD88370" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line Of Credit Facility, Covenant Terms, Minimum Outstanding Threshold</link:label>
    <link:label id="lab_ely_LineOfCreditFacilityCovenantTermsMinimumOutstandingThreshold_976694B0EF843ECB5BFEA34BDBD88370_documentation_en-US" xlink:label="lab_ely_LineOfCreditFacilityCovenantTermsMinimumOutstandingThreshold_976694B0EF843ECB5BFEA34BDBD88370" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line Of Credit Facility, Covenant Terms, Minimum Outstanding Threshold</link:label>
    <link:loc xlink:href="ely-20170630.xsd#ely_LineOfCreditFacilityCovenantTermsMinimumOutstandingThreshold" xlink:label="loc_ely_LineOfCreditFacilityCovenantTermsMinimumOutstandingThreshold_976694B0EF843ECB5BFEA34BDBD88370" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ely_LineOfCreditFacilityCovenantTermsMinimumOutstandingThreshold_976694B0EF843ECB5BFEA34BDBD88370" xlink:to="lab_ely_LineOfCreditFacilityCovenantTermsMinimumOutstandingThreshold_976694B0EF843ECB5BFEA34BDBD88370" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_2E236636B1334781E293A34BDBD8C444_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_2E236636B1334781E293A34BDBD8C444" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum amount of additional indebtedness after outstanding borrowings</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_2E236636B1334781E293A34BDBD8C444_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_2E236636B1334781E293A34BDBD8C444" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Remaining Borrowing Capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_2E236636B1334781E293A34BDBD8C444" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_2E236636B1334781E293A34BDBD8C444" xlink:to="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_2E236636B1334781E293A34BDBD8C444" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityAverageOutstandingAmount_5702CC71D0937AFB1652A34BDBD88726_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityAverageOutstandingAmount_5702CC71D0937AFB1652A34BDBD88726" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average outstanding borrowing</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityAverageOutstandingAmount_5702CC71D0937AFB1652A34BDBD88726_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityAverageOutstandingAmount_5702CC71D0937AFB1652A34BDBD88726" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Average Outstanding Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityAverageOutstandingAmount" xlink:label="loc_us-gaap_LineOfCreditFacilityAverageOutstandingAmount_5702CC71D0937AFB1652A34BDBD88726" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityAverageOutstandingAmount_5702CC71D0937AFB1652A34BDBD88726" xlink:to="lab_us-gaap_LineOfCreditFacilityAverageOutstandingAmount_5702CC71D0937AFB1652A34BDBD88726" xlink:type="arc" />
    <link:label id="lab_ely_LineofCreditFacilityAverageRemainingBorrowingCapacity_74E535AECDF529750259A34BDBD80FAA_terseLabel_en-US" xlink:label="lab_ely_LineofCreditFacilityAverageRemainingBorrowingCapacity_74E535AECDF529750259A34BDBD80FAA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average available liquidity</link:label>
    <link:label id="lab_ely_LineofCreditFacilityAverageRemainingBorrowingCapacity_74E535AECDF529750259A34BDBD80FAA_label_en-US" xlink:label="lab_ely_LineofCreditFacilityAverageRemainingBorrowingCapacity_74E535AECDF529750259A34BDBD80FAA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Average Remaining Borrowing Capacity</link:label>
    <link:label id="lab_ely_LineofCreditFacilityAverageRemainingBorrowingCapacity_74E535AECDF529750259A34BDBD80FAA_documentation_en-US" xlink:label="lab_ely_LineofCreditFacilityAverageRemainingBorrowingCapacity_74E535AECDF529750259A34BDBD80FAA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Average amount currently available under the credit facility during the period (current borrowing capacity less the amount of borrowings outstanding).</link:label>
    <link:loc xlink:href="ely-20170630.xsd#ely_LineofCreditFacilityAverageRemainingBorrowingCapacity" xlink:label="loc_ely_LineofCreditFacilityAverageRemainingBorrowingCapacity_74E535AECDF529750259A34BDBD80FAA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ely_LineofCreditFacilityAverageRemainingBorrowingCapacity_74E535AECDF529750259A34BDBD80FAA" xlink:to="lab_ely_LineofCreditFacilityAverageRemainingBorrowingCapacity_74E535AECDF529750259A34BDBD80FAA" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityExpirationDate1_7FA1CFAA71C62AE35EDBA34BDBD8A4C7_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityExpirationDate1_7FA1CFAA71C62AE35EDBA34BDBD8A4C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset-based credit facility, maturity date</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityExpirationDate1" xlink:label="loc_us-gaap_LineOfCreditFacilityExpirationDate1_7FA1CFAA71C62AE35EDBA34BDBD8A4C7" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LineOfCreditFacilityDividendRestrictions_2BA8314DADAC4DD8C524A34BDBD801E8_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityDividendRestrictions_2BA8314DADAC4DD8C524A34BDBD801E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt covenants , dividend restrictions</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityDividendRestrictions_2BA8314DADAC4DD8C524A34BDBD801E8_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityDividendRestrictions_2BA8314DADAC4DD8C524A34BDBD801E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Dividend Restrictions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityDividendRestrictions" xlink:label="loc_us-gaap_LineOfCreditFacilityDividendRestrictions_2BA8314DADAC4DD8C524A34BDBD801E8" xlink:type="locator" />
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    <link:label id="lab_ely_DebtCovenantBorrowingBaseBelowThresholdRatioRequiredtobeinCompliancePeriod_3E70B6F36A7DB2ACB42EA34BDBD8800D_terseLabel_en-US" xlink:label="lab_ely_DebtCovenantBorrowingBaseBelowThresholdRatioRequiredtobeinCompliancePeriod_3E70B6F36A7DB2ACB42EA34BDBD8800D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt covenants, borrowing base below threshold, period ratio required to be in compliance</link:label>
    <link:label id="lab_ely_DebtCovenantBorrowingBaseBelowThresholdRatioRequiredtobeinCompliancePeriod_3E70B6F36A7DB2ACB42EA34BDBD8800D_label_en-US" xlink:label="lab_ely_DebtCovenantBorrowingBaseBelowThresholdRatioRequiredtobeinCompliancePeriod_3E70B6F36A7DB2ACB42EA34BDBD8800D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Covenant, Borrowing Base Below Threshold, Ratio Required to be in Compliance, Period</link:label>
    <link:label id="lab_ely_DebtCovenantBorrowingBaseBelowThresholdRatioRequiredtobeinCompliancePeriod_3E70B6F36A7DB2ACB42EA34BDBD8800D_documentation_en-US" xlink:label="lab_ely_DebtCovenantBorrowingBaseBelowThresholdRatioRequiredtobeinCompliancePeriod_3E70B6F36A7DB2ACB42EA34BDBD8800D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fixed charge coverage ratio compliance term.</link:label>
    <link:loc xlink:href="ely-20170630.xsd#ely_DebtCovenantBorrowingBaseBelowThresholdRatioRequiredtobeinCompliancePeriod" xlink:label="loc_ely_DebtCovenantBorrowingBaseBelowThresholdRatioRequiredtobeinCompliancePeriod_3E70B6F36A7DB2ACB42EA34BDBD8800D" xlink:type="locator" />
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    <link:label id="lab_ely_FixedChargeCoverageRatioCovenantReferenceBorrowingCapacity_29FC919C3ACF749E6326A34BDBD880F9_terseLabel_en-US" xlink:label="lab_ely_FixedChargeCoverageRatioCovenantReferenceBorrowingCapacity_29FC919C3ACF749E6326A34BDBD880F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowing base availability</link:label>
    <link:label id="lab_ely_FixedChargeCoverageRatioCovenantReferenceBorrowingCapacity_29FC919C3ACF749E6326A34BDBD880F9_label_en-US" xlink:label="lab_ely_FixedChargeCoverageRatioCovenantReferenceBorrowingCapacity_29FC919C3ACF749E6326A34BDBD880F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed Charge Coverage Ratio Covenant Reference Borrowing Capacity</link:label>
    <link:label id="lab_ely_FixedChargeCoverageRatioCovenantReferenceBorrowingCapacity_29FC919C3ACF749E6326A34BDBD880F9_documentation_en-US" xlink:label="lab_ely_FixedChargeCoverageRatioCovenantReferenceBorrowingCapacity_29FC919C3ACF749E6326A34BDBD880F9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fixed Charge Coverage Ratio Covenant Reference Borrowing Capacity</link:label>
    <link:loc xlink:href="ely-20170630.xsd#ely_FixedChargeCoverageRatioCovenantReferenceBorrowingCapacity" xlink:label="loc_ely_FixedChargeCoverageRatioCovenantReferenceBorrowingCapacity_29FC919C3ACF749E6326A34BDBD880F9" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtInstrumentInterestRateTerms_AD09FC840F0B1CA83F4BA34BDBD8487F_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateTerms_AD09FC840F0B1CA83F4BA34BDBD8487F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Applicable margin rate reduction</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateTerms_AD09FC840F0B1CA83F4BA34BDBD8487F_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateTerms_AD09FC840F0B1CA83F4BA34BDBD8487F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate Terms</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateTerms" xlink:label="loc_us-gaap_DebtInstrumentInterestRateTerms_AD09FC840F0B1CA83F4BA34BDBD8487F" xlink:type="locator" />
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    <link:label id="lab_ely_LineofCreditFacilityConditionalReductioninMarginRate_FD0F24FF0613C71F501EA34BDBD858F0_terseLabel_en-US" xlink:label="lab_ely_LineofCreditFacilityConditionalReductioninMarginRate_FD0F24FF0613C71F501EA34BDBD858F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of credit facility conditional reduction in margin rate</link:label>
    <link:label id="lab_ely_LineofCreditFacilityConditionalReductioninMarginRate_FD0F24FF0613C71F501EA34BDBD858F0_label_en-US" xlink:label="lab_ely_LineofCreditFacilityConditionalReductioninMarginRate_FD0F24FF0613C71F501EA34BDBD858F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility Conditional Reduction in Margin Rate</link:label>
    <link:label id="lab_ely_LineofCreditFacilityConditionalReductioninMarginRate_FD0F24FF0613C71F501EA34BDBD858F0_documentation_en-US" xlink:label="lab_ely_LineofCreditFacilityConditionalReductioninMarginRate_FD0F24FF0613C71F501EA34BDBD858F0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage by which the applicable interest rate can be reduced if certain conditions are met.</link:label>
    <link:loc xlink:href="ely-20170630.xsd#ely_LineofCreditFacilityConditionalReductioninMarginRate" xlink:label="loc_ely_LineofCreditFacilityConditionalReductioninMarginRate_FD0F24FF0613C71F501EA34BDBD858F0" xlink:type="locator" />
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    <link:label id="lab_ely_LineofCreditFacilityInterestRateReductionRequirementsAvailabilityRatio_297317004F0C405259DBA34BDBD9702F_terseLabel_en-US" xlink:label="lab_ely_LineofCreditFacilityInterestRateReductionRequirementsAvailabilityRatio_297317004F0C405259DBA34BDBD9702F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Availability ratio required to reduce applicable margin</link:label>
    <link:label id="lab_ely_LineofCreditFacilityInterestRateReductionRequirementsAvailabilityRatio_297317004F0C405259DBA34BDBD9702F_label_en-US" xlink:label="lab_ely_LineofCreditFacilityInterestRateReductionRequirementsAvailabilityRatio_297317004F0C405259DBA34BDBD9702F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Interest Rate Reduction Requirements, Availability Ratio</link:label>
    <link:label id="lab_ely_LineofCreditFacilityInterestRateReductionRequirementsAvailabilityRatio_297317004F0C405259DBA34BDBD9702F_documentation_en-US" xlink:label="lab_ely_LineofCreditFacilityInterestRateReductionRequirementsAvailabilityRatio_297317004F0C405259DBA34BDBD9702F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Conditions of the availability ratio required by the ABL Facility to reduce the interest rate by .25%.</link:label>
    <link:loc xlink:href="ely-20170630.xsd#ely_LineofCreditFacilityInterestRateReductionRequirementsAvailabilityRatio" xlink:label="loc_ely_LineofCreditFacilityInterestRateReductionRequirementsAvailabilityRatio_297317004F0C405259DBA34BDBD9702F" xlink:type="locator" />
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    <link:label id="lab_ely_LineofCreditFacilityInterestRateReductionRequirementsLeverageRatio_C6D32A81780A9DCCCD5AA34BDBD9A945_terseLabel_en-US" xlink:label="lab_ely_LineofCreditFacilityInterestRateReductionRequirementsLeverageRatio_C6D32A81780A9DCCCD5AA34BDBD9A945" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leverage ratio required to reduce applicable margin</link:label>
    <link:label id="lab_ely_LineofCreditFacilityInterestRateReductionRequirementsLeverageRatio_C6D32A81780A9DCCCD5AA34BDBD9A945_label_en-US" xlink:label="lab_ely_LineofCreditFacilityInterestRateReductionRequirementsLeverageRatio_C6D32A81780A9DCCCD5AA34BDBD9A945" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Interest Rate Reduction Requirements, Leverage Ratio</link:label>
    <link:label id="lab_ely_LineofCreditFacilityInterestRateReductionRequirementsLeverageRatio_C6D32A81780A9DCCCD5AA34BDBD9A945_documentation_en-US" xlink:label="lab_ely_LineofCreditFacilityInterestRateReductionRequirementsLeverageRatio_C6D32A81780A9DCCCD5AA34BDBD9A945" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Conditions of the Leverage Ratio required by the ABL facility to reduce the interest rate by .25%.</link:label>
    <link:loc xlink:href="ely-20170630.xsd#ely_LineofCreditFacilityInterestRateReductionRequirementsLeverageRatio" xlink:label="loc_ely_LineofCreditFacilityInterestRateReductionRequirementsLeverageRatio_C6D32A81780A9DCCCD5AA34BDBD9A945" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ely_LineofCreditFacilityInterestRateReductionRequirementsLeverageRatio_C6D32A81780A9DCCCD5AA34BDBD9A945" xlink:to="lab_ely_LineofCreditFacilityInterestRateReductionRequirementsLeverageRatio_C6D32A81780A9DCCCD5AA34BDBD9A945" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityInterestRateAtPeriodEnd_E966D0133EB0C44F4D2FA34BDBD94826_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityInterestRateAtPeriodEnd_E966D0133EB0C44F4D2FA34BDBD94826" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset-based credit facility, interest rate</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityInterestRateAtPeriodEnd_E966D0133EB0C44F4D2FA34BDBD94826_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityInterestRateAtPeriodEnd_E966D0133EB0C44F4D2FA34BDBD94826" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Interest Rate at Period End</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityInterestRateAtPeriodEnd" xlink:label="loc_us-gaap_LineOfCreditFacilityInterestRateAtPeriodEnd_E966D0133EB0C44F4D2FA34BDBD94826" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_A235656D50880A401F10A34BDBD9634E_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_A235656D50880A401F10A34BDBD9634E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of credit facility, commitment fee percentage</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_A235656D50880A401F10A34BDBD9634E_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_A235656D50880A401F10A34BDBD9634E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Unused Capacity, Commitment Fee Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:label="loc_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_A235656D50880A401F10A34BDBD9634E" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtInstrumentFeeAmount_CBEA7800B91FC2131D80A34BDBD92516_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentFeeAmount_CBEA7800B91FC2131D80A34BDBD92516" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset-based credit facility, origination fees</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentFeeAmount_CBEA7800B91FC2131D80A34BDBD92516_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentFeeAmount_CBEA7800B91FC2131D80A34BDBD92516" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Fee Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentFeeAmount" xlink:label="loc_us-gaap_DebtInstrumentFeeAmount_CBEA7800B91FC2131D80A34BDBD92516" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentFeeAmount_CBEA7800B91FC2131D80A34BDBD92516" xlink:to="lab_us-gaap_DebtInstrumentFeeAmount_CBEA7800B91FC2131D80A34BDBD92516" xlink:type="arc" />
    <link:label id="lab_ely_UnamortizedLoanOriginationFees_390A7F3EFE989802AB38A34BDBD92D65_terseLabel_en-US" xlink:label="lab_ely_UnamortizedLoanOriginationFees_390A7F3EFE989802AB38A34BDBD92D65" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unamortized origination fees</link:label>
    <link:label id="lab_ely_UnamortizedLoanOriginationFees_390A7F3EFE989802AB38A34BDBD92D65_label_en-US" xlink:label="lab_ely_UnamortizedLoanOriginationFees_390A7F3EFE989802AB38A34BDBD92D65" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unamortized Loan Origination Fees</link:label>
    <link:label id="lab_ely_UnamortizedLoanOriginationFees_390A7F3EFE989802AB38A34BDBD92D65_documentation_en-US" xlink:label="lab_ely_UnamortizedLoanOriginationFees_390A7F3EFE989802AB38A34BDBD92D65" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unamortized loan origination fees as of the balance sheet date.</link:label>
    <link:loc xlink:href="ely-20170630.xsd#ely_UnamortizedLoanOriginationFees" xlink:label="loc_ely_UnamortizedLoanOriginationFees_390A7F3EFE989802AB38A34BDBD92D65" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ely_UnamortizedLoanOriginationFees_390A7F3EFE989802AB38A34BDBD92D65" xlink:to="lab_ely_UnamortizedLoanOriginationFees_390A7F3EFE989802AB38A34BDBD92D65" xlink:type="arc" />
    <link:label id="lab_ely_UnamortizedLoanOriginationFeesCurrent_EE032F5E0D50C9C2F721A34BDBD96567_terseLabel_en-US" xlink:label="lab_ely_UnamortizedLoanOriginationFeesCurrent_EE032F5E0D50C9C2F721A34BDBD96567" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset-based credit facility, origination fees included in other current assets</link:label>
    <link:label id="lab_ely_UnamortizedLoanOriginationFeesCurrent_EE032F5E0D50C9C2F721A34BDBD96567_label_en-US" xlink:label="lab_ely_UnamortizedLoanOriginationFeesCurrent_EE032F5E0D50C9C2F721A34BDBD96567" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unamortized Loan Origination Fees Current</link:label>
    <link:label id="lab_ely_UnamortizedLoanOriginationFeesCurrent_EE032F5E0D50C9C2F721A34BDBD96567_documentation_en-US" xlink:label="lab_ely_UnamortizedLoanOriginationFeesCurrent_EE032F5E0D50C9C2F721A34BDBD96567" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Current portion of unamortized loan origination fees as of the balance sheet date.</link:label>
    <link:loc xlink:href="ely-20170630.xsd#ely_UnamortizedLoanOriginationFeesCurrent" xlink:label="loc_ely_UnamortizedLoanOriginationFeesCurrent_EE032F5E0D50C9C2F721A34BDBD96567" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ely_UnamortizedLoanOriginationFeesCurrent_EE032F5E0D50C9C2F721A34BDBD96567" xlink:to="lab_ely_UnamortizedLoanOriginationFeesCurrent_EE032F5E0D50C9C2F721A34BDBD96567" xlink:type="arc" />
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    <link:label id="lab_us-gaap_RepaymentOfNotesReceivableFromRelatedParties_43F8DBB8863A30BF1DC2A50DF4313470_terseLabel_en-US" xlink:label="lab_us-gaap_RepaymentOfNotesReceivableFromRelatedParties_43F8DBB8863A30BF1DC2A50DF4313470" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Collection of note receivable</link:label>
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    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_ABC5A36726B1E5FB1347D6E6A954EC0F_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_ABC5A36726B1E5FB1347D6E6A954EC0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2018</link:label>
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