Abstract: A golf bag holds golf clubs in a cavity in which a golf club receptacle structure is disposed. One version of the receptacle structure has an external, truncated, conical end portion at least partially extends outward from the cavity, with a plurality of openings which extend in a lengthwise direction through the receptacle structure. In another, the receptacle structure has a central, cylindrical portion and a marginal portion at a lower level than the central portion. A third version has a top with a first section at one level, a second section at an elevated level above the first section, and an intermediate section connecting said first and second sections. Unique features of the golf bag include foam insulation insert within a side pocket that receives a beverage can. A second feature is golf ball holder made of a flexible, tubular material with opposed open ends closed by fasteners to retain golf balls within the holder.