According to a report from the Fort Worth Star-Telegram, officials with the annual PGA Tour stop at Colonial Country Club have until Dec. 1 to resolve their sponsorship issues, after Dean & DeLuca informed organizers that they may not be able to meet their financial obligations to sponsor the tournament in 2018.
And per that report, “the [Tour] is not doing much to help” the event solve its sponsorship issues.
Although officials continue to search for a replacement sponsor, the outlook for an event that stretches back to 1946 doesn’t look good.
James Edmondson, a member at Colonial and PGA Tour caddie, told GolfChannel.com that the club’s board voted on Wednesday to move the annual member-guest tournament from mid-October to May, the same month as the Tour stop.
It’s the most recent sign that Tour golf at Colonial may be nearing an end, a surprising scenario considering the event’s history and the affinity many players have for the golf course.
There has been speculation that a dramatic overhaul to the Tour schedule beginning in 2019, which includes the PGA Championship moving from August to May and an earlier finish to the season, could make the Colonial stop expendable.
Source: Internet
