When the PGA Tour released the schedule for the 2017-18 season one event that caught everyone’s eye was “The National” in DC. A new event perhaps?
Quicken Loans did not renew it’s contract so there is no sponsor. The Tour decided to call it The National for now, while looking for a new sponsor and continuing negotiations with Quicken.
Tour Commissioner Jay Monahan explained why the PGA Tour kept the tournament on the schedule despite no sponsor.
“We made the commitment,” Monahan said. “Our players are going to be showing up there and we’re going to be playing for that amount of money ($7.1 million).
According to the Associated Press the tournament, run by the Tiger Woods Foundation, originally was scheduled to return to Congressional for 2018. But with uncertainly over title sponsorship, the PGA Tour decided to opt out its contract with the club for 2018 and 2020.
Monahan said there is no guarantee the National will be played in 2019 and beyond. Being tied to a golf course — even one as storied as Congressional — might limit any negotiations.
“Let’s say we didn’t renew with Quicken and there was another sponsor and they had a different objective. They wanted to be at a different golf course, a different part of town. They wanted to do something different,” Monahan said. “You can’t be wed to one golf course that might limit your ability to get a deal done.”
Detroit-based Quicken Loans might be interested in having the PGA Tour closer to its headquarters. But that would be after 2018. Monahan went from “highly, highly likely” to “it’s for sure in D.C. — I can say that” for the National to be held in Washington this season, with or without a title sponsor.