asp.net mvc 4 dropdown list with model isn't working

I'm converting an asp.net forms site to MVC and am having an issue with a dropdown list.

Model extract:
namespace adminLte.Models
//then further down

[Required(ErrorMessage = "Player Segment Required")]  
[Display(Name = "Player Segment")]  
public string Segment { get; set; }  
public IEnumerable<SelectListItem> PlayerSegmentList { get; set; } 

//model class List

public IEnumerable<SelectListItem> getPlayerSegmentList()  
{  
  List<SelectListItem> myList = new List<SelectListItem>();  
  var data = new[]{  
   new SelectListItem{ Value="&amp;Segment=1000",Text="1,000+"},  
   new SelectListItem{ Value="&amp;Segment=750-999",Text="750-999"},  
   new SelectListItem{ Value="&amp;Segment=500-749",Text="500-749"},  
   new SelectListItem{ Value="&amp;Segment=400-499",Text="400-499"}
  };
  myList = data.ToList();
  return myList;
}  

controller:
//?? not sure about this...

playerExtract objModel = new playerExtract();
objModel.PlayerSegmentList = objModel.getPlayerSegmentList();
ViewBag.pSeg = new SelectList(objModel, "SegmentID", "Segment"); 

*HTML form*  
@Html.LabelFor(model => model.Segment, htmlAttributes: new {  @class = "control-label col-md-2" })  
@Html.DropDownListFor( model => model.Segment, ViewBag.pSeg as SelectList  , new { htmlAttributes = new { @id = "Segment", @class = "form-control" } })  
@Html.ValidationMessageFor(model => model.Segment, "", new { @class = "text-danger" })  

//Results compile error

There is no ViewData item of type 'IEnumerable<SelectListItem>' that has the key 'Segment'.  

I'm new to MVC and am missing something - Any assistance provided is greatly appreciated!

You should use Model.PlayerSegmentList as your source collection used to build the select options. So pass that as the second parameter of your Html.DropDownListFor method call.

@Html.DropDownListFor(model => model.Segment, Model.PlayerSegmentList,
                 new { htmlAttributes = new { @id = "Segment", @class = "form-control" } })

Also in your controller code, this line does not make any sense!

ViewBag.pSeg = new SelectList(objModel, "SegmentID", "Segment"); 

The first parameter of the SelectList has to be a collection, not your class object! That should give you a compile time error!. Just remove that line since you already have the data you needed in your PlayerSegmentList property

So your cleaned up controller code would be

public ActionResult Create()
{
  var vm = new YourVieWModel();
  var objModel = new playerExtract();
  vm.PlayerSegmentList = objModel.getPlayerSegmentList();
  return View(vm); 
}

That should work assuming you are view is strongly typed tot he same YourViewModel

I would also recommend using PascalCasing for C# class names/method names :)