Woods’ update sparks prop bets on possible return

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FORT WORTH, TEXAS – The historic PGA TOUR tournament held annually at the Colonial Country Club in Fort Worth, Texas, has been renamed the Charles Schwab Challenge. On April 12 this year, Charles Schwab was announced as the title sponsor for the event, in a four-year agreement beginning in 2019. Traditionally hosted over Memorial Day weekend, the Charles Schwab Challenge has been held at the Colonial Country Club since 1946 making it the PGA TOUR’s longest-tenured tournament at a single venue. The dates for the 2019 Charles Schwab Challenge will be confirmed when the PGA TOUR announces the 2018-19 schedule.  “Greatness is achieved through challenge. Colonial has challenged the world’s greatest golfers for over three quarters of a century. The tournament title — Charles Schwab Challenge — certainly celebrates our long history of great competition,” said Rob Hood, Charles Schwab Challenge tournament chairman. “As a tournament that is known to be a shot-maker’s course and one that has challenged the best players in the game for over 70 years, we wanted to pay homage to the tradition of the event as a challenger’s competition,â€� said Jonathan Craig, senior executive vice president, Charles Schwab & Co, Inc. “We’re a company that has challenged the status quo for investors since day one so being a part of this inspiring tournament gives us great pride.â€� The Charles Schwab Challenge is among the PGA TOUR leaders in charitable giving, including generating a record $13 million awarded to charities in 2018. The tournament has generated $100 million for more than 150 charitable organizations over the past two decades. Many of the game’s biggest names, representing a wide range of styles of play, have won the tournament since its inaugural playing in 1946, from golf greats like Ben Hogan, Jack Nicklaus and Tom Watson to modern-day stars such as Phil Mickelson, Sergio Garcia, Jordan Spieth and Justin Rose, who won the 2018 title by three strokes over Brooks Koepka.

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• Co-Sanctioning Partnership confirmed through to 2025 • Additional Co-Sanctioned Challenge Tour events confirmed through to 2026 The European Tour and the Sunshine Tour are delighted to jointly announce today a new landmark partnership which celebrates their already long-term relationship of over a quarter of a century and recognizes South Africa’s contribution to the global game. The European Tour has committed to help further develop the Sunshine Tour, improving the existing international pathway between the two Tours that has seen countless South African players benefit from over the years, and to recognise the sustained contribution of South Africa’s professionals and Sunshine Tour Chairman Johann Rupert in the development and growth of the game worldwide. The PGA TOUR – the European Tour’s Strategic Alliance partners – are fully supportive of this new development in global golf which will focus on two key areas. The first of these is the fact that the South African Open Championship – one of the oldest and most prestigious tournaments in world golf – is guaranteed as a co-sanctioned tournament between the European Tour and the Sunshine Tour through 2025, with a minimum prize fund of $1.5 million for this period. Further tournaments to fall under this new co-sanctioning agreement will be confirmed in due course. The Challenge Tour will also benefit from the new partnership with a commitment to not only continue to stage the existing three Challenge Tour events in South Africa, but also to create several new co-sanctioned events which will feature on both the Challenge and Sunshine Tours. Keith Pelley, Chief Executive of the European Tour, said: “For many years the European Tour has greatly valued the relationship we have enjoyed with the Sunshine Tour and today’s announcement is the next step in that journey together. “Through the leadership, vision and commitment of Chairman Johann Rupert, the Sunshine Tour has not only flourished and produced many of the game’s greats over decades, it is also part of the ecosystem that is at the very core of professional golf. “We have been proud to stand shoulder to shoulder with the Sunshine Tour on this pathway for over a quarter of a century and we very much look forward to continuing this partnership for many years to come.” Thomas Abt, Commissioner of the Sunshine Tour, said: “This partnership is an acknowledgement of the contribution that our Chairman Johann Rupert has made not only to the advancement of the Sunshine Tour and its legacy, as well as golf development, but also to the overall growth of the global game. “We are delighted with a partnership that recognizes South African golf’s place in the history of this great game, and which has been showcased through our long association with the European Tour. Selwyn Nathan, our Executive Director, has been instrumental in forming this partnership with the European Tour with our Chairman and Board’s counsel, and which sees us in the position that we are in today. This partnership will open the door to even greater growth for our players.” PGA TOUR Commissioner Jay Monahan said: “We are thrilled to see these two leading golf organizations come together for the benefit of the global game, players and fans. The European Tour and Sunshine Tour each have rich histories, celebrated events and a proven record of developing some of the world’s best players. This new partnership further illustrates the strengthening ecosystem of professional golf that we have all worked together to build for the betterment of the game.” The shared history between the European Tour and the Sunshine Tour goes back over a quarter of a century to the first co-sanctioned tournament, the Lexington South African PGA Championship at the Wanderers Club in February 1995. From then until now the two Tours have combined close to 100 times. The winner of that first event was Ernie Els and it is appropriate that the four-time Major Champion set the ball rolling as he remains the most successful South African player in European Tour history, having contributed 28 of the 160 wins to date; a total which sees South Africa ranked fourth on the list of the most successful nations in European Tour history; behind England, the United States and Spain. Els is joined on the list of South African European Tour champions by fellow Major winners Retief Goosen, Charl Schwartzel, Louis Oosthuizen, Trevor Immelman and Gary Player. He is also joined by Justin Harding, Daniel van Tonder, Garrick Higgo (a winner on the PGA TOUR as well), Dean Burmester, George Coetzee and Christiaan Bezuidenhout who have all triumphed on the European Tour recently – further proof of the Sunshine Tour’s status as a breeding ground for future international stars.

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