• Loading stock data...
Thursday, April 18, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Will Changes to PGA TOUR Schedule Impact Bottom Line?

The changes are slated to take place in 2019.

Changes to the PGA TOUR Schedule will hopefully help to grow the sport. Image courtesy of CBS Sports.

Last week at the PGA Championship, the PGA TOUR and PGA of America announced some monumental changes to the game’s annual schedule.

Beginning in 2019, the Players Championship and the PGA Championship will move earlier in the year. The Players will now be contested in late March and the PGA Championship in late May. Sandwiched between the two events will be the Masters, and the rest of the year’s schedule will continue as it currently stands.

One primary reason for the changes is to have a “marquee” event each month of the year. This move is sure to draw interest to the sport from March-September and should grow the game by generating viewers throughout the year.

PGA of America Chief Executive Officer Pete Bevacqua said their analysis of the schedule began in 2013 and included an extensive list of factors including accommodating the Olympic Games every four years.

“The PGA of America’s key objectives were to promote the best interests for the PGA’s spectator signature championship, do what is best for the game and its great players, and find the most advantageous platform for serving the nearly 29,000 PGA professionals growing the game.”

PGA TOUR Commissioner Jay Monahan had equally high praise for the schedule changes saying,

“We are thrilled to announce these two significant changes, which will greatly enhance the professional golf calendar starting in 2019 that will allow both organizations to meet our short-term and long-term objectives.”

Another potential positive impact for the PGA Championship’s move is increased sponsorship revenue. Although the tournament is a major, it can be forgotten about when compared to the other majors.

The PGA does not have a truly unique characteristic (albeit working PGA professionals are in the field) like the other majors: The Masters is always held at Augusta National, the U.S. Open is known for its difficulty, and the Open Championship usually has unpredictable and difficult weather conditions. The move to earlier in the year will bring more attention to the event which will likely provide more value to sponsors.

What do the players think?

These changes have been met with primarily positive reactions from current players. Both Dustin Johnson and Rory McIlroy, ranked #1 and #4 in the world respectively, gave strong praise to the organizations. McIlroy said the changes, “are really, really good and the schedule just has a better flow to it, I think.” Johnson stated that he likes how the new schedule allows for more, “breathing room and how having tournaments more spaced out gives players more time to prepare.”

The future of the PGA Championship

One of the PGA’s primary initiatives is to grow the game. The sport has long had a reputation of only being accessible by the affluent. Although this perception has been broken down with the advent of programs such as the “First Tee,” there is still more that can be done.

The PGA Championship is golf’s major with the most freedom to select a host location. An option for the organization would be to bring the event to a new country. Selecting an Asian country such as South Korea, where golf is the most popular sport is a viable option.

Bringing the PGA Championship to Asia would have monumental impacts on the sport and the host country’s economy.

Bevacqua was asked about hosting the event internationally, and he said, “it will not happen in the next 10 years, but is something that we will always consider and would be an interesting move.”

The PGA Championship moving from the United States may be unlikely due to the profound economic impact the tournament has on the host community. This week at the PGA Championship at Quail Hollow, the event is expected to provide over $100 million to the greater Charlotte community.

The PGA of America and PGA TOUR’s changes will have a profound impact on the sport. These changes will help the game and continue to grow the sport. More can be done, but these moves will serve the game, its players and fans.


Front Office Sports is a leading multi-platform publication and industry resource that covers the intersection of business and sports.

Want to learn more, or have a story featured about you or your organization? Contact us today.

https://upscri.be/f32ae1

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Women’s Golf Has Five—Not Four—Majors, and That’s a Good Thing

The Chevron Championship tees of Thursday outside of Houston.

Does Golf TV Have A Scottie Scheffler Problem?

Masters ratings were down 20% this year.
Jon Rahm waves to the crowd after donning his green jacket after winning The Masters golf tournament.

Top Purses for PGA Events in 2024

Jaire Alexander leads the charge as the top-earning cornerback in the NFL making more than $21 million per year.

Everything You Need to Know About the PGA Tour, LIV Golf, and Any Potential Merger

The two tours remain far apart despite previous efforts to come together.
podcast thumbnail mobile
Front Office Sports Today

The Unlikely, Happy Marriage of the NFL and Cornhole

0:00
0:00

Featured Today

Women’s Basketball Finally Has a TV Deal to Match the Excitement. Now What?

A lucrative new media-rights contract could rectify problems of the past, but the future of March Madness media rights is anyone’s guess.
Mar 16, 2024; Washington, D.C., USA; North Carolina State Wolfpack forward DJ Burns Jr. (30) cuts the net after defeating the North Carolina Tar Heels for the ACC Conference Championship at Capital One Arena.
April 6, 2024

How Two College Seniors Helped DJ Burns Cash In on a Final Four Run

Two college seniors are facilitating deals for NC State’s big man.
Mar 31, 2024; Portland, OR, USA; NCAA officials measure the three point line while coaches from the Texas Longhorns and NC State Wolfpack watch with referees in the finals of the Portland Regional of the NCAA Tournament at the Moda Center center.
April 1, 2024

NCAA Has No One to Blame for Latest Women’s March Madness Transgressions

NCAA is still making avoidable mistakes three years after a complete overhaul.
Nov 16, 2015; Bloomington, IN, USA; General view of the championship banners at Assembly Hall prior to the game between Austin Peay and Indiana.
March 31, 2024

How to Make It in Basketball: Become a Manager at Indiana

Inside the Hoosiers’ unglamorous, profoundly rewarding incubator for basketball’s biggest names.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

Top Sports Business Jobs This Week (April 2024)

Each week, our staff combs through the thousands of job listings from…
August 10, 2022

PGA Tour Touts Projected Earnings to Keep Players

The PGA Tour is asking its players to consider their potential futures.
October 3, 2022

Real Madrid President Renews Call for Super League

Real Madrid’s president believes that soccer is losing ground.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
August 10, 2022

Bayern Munich to Make Growth Push in U.S. Market

Bayern Munich is looking to expand its reach in the U.S.
Nintendo-logo
August 3, 2022

Nintendo Profits Underwhelm, Switch Sales Decline

Nintendo failed to meet expectations in the company’s latest earnings report.
manfred_at_microphone
August 19, 2021

MLB Owners Propose $100M Salary Floor

Major League Baseball owners have proposed a $100 million payroll minimum for MLB’s 30 teams and a lower luxury tax threshold.
nfl_logo
July 23, 2021

NFL to Players: Get Vaccinated or Pay the Price

The NFL’s threatening to drop the financial hammer on un-vaccinated players and teams that cause forfeited games in 2021, according to memo.