The United States Golf Association has reached agreement with Ping to end the use of a controversial club which had bypassed its new law on the shape of grooves.
From the start of the 2010 season, old-style "boxed" grooves were outlawed in favour of "v" shaped alternatives.
The decision was taken to help limit the effects of the march of technology on some of the game's most historic but shorter and therefore under threat courses.
However, several players - including world number two Phil Mickelson - continued to use the boxed grooves on a 20-year-old Ping i2 wedge.
A lawsuit back in the early 1990s created a loophole in the USGA's new regulations as it allowed Ping wedges manufactured before 1990 to still be permissible.
However, following an agreement between the USGA and the equipment manufacturer, use of the i2 wedge will be outlawed later this month.
"(Chairman) John Solheim and Ping had a terrific opportunity to do something very positive and significant for the game of golf and we very much appreciate his willingness to take this action," explained PGA Tour commissioner Tim Finchem.