CHAMPIONS TOUR
COMMISSIONER: Timothy W. Finchem
PRESIDENT: Mike Stevens
Collectively, the Champions Tour has the most recognizable and accomplished players in the game with many of its 29 members of the World Golf Hall of Fame competing regularly in its events and numerous other major championship winners among its members. The Champions Tour is a membership organization of professional golfers age 50 and older. Conceived in 1980 as the Senior PGA Tour, it started with just four events and purses totaling $475,000. Points earned in official Charles Schwab Cup events in 2011 will determine the Charles Schwab Cup champion, the season-long competition designed to recognize the Champions Tour's leading player. The Champions Tour's primary purpose is to provide financial opportunities for its players, entertain and inspire its fans, deliver substantial value to its partners, create outlets for volunteers to give back, protect the integrity of the game and generate significant charitable and economic impact in communities in which it plays. In 2010, tournaments on all three Tours (PGA TOUR, Champions Tour and Nationwide Tour) generated $120 million for local charitable organizations, bringing the TOUR's all-time total of charitable contributions to more than $1.6 billion. The Commissioner of the PGA TOUR is Tim Finchem. Mike Stevens is President of the Champions Tour. The PGA TOUR's website is www.pgatour.com, the Number 1 site in golf, and the organization is headquartered in Ponte Vedra Beach, FL.
1980-2011. The Champions Tour enters its 32nd season this year.
The Champions Tour and its tournaments generate significant sums of money for charity. In 2009, tournaments on all three Tours (PGA TOUR, Champions Tour and Nationwide Tour) donated more than $100 million to charitable and community organizations. The PGA TOUR surpassed the $1-billion mark in all-time charitable giving in 2005. While it took 67 years to reach that total, all three Tours are now on track to achieve the second billion in the next four to six years. “Together, anything’s possible” is the PGA TOUR’s and Champions Tour’s charitable platform that focuses on the efforts of our players, tournaments, volunteers, sponsors, fans and charities. The Champions Tour’s charitable mission is an integral component of its value proposition and charitable donations have a significant impact in the communities served by Champions Tour events. Learn more about their charitble platform, "Together, anything's possible".
The Charles Schwab Cup, now in its 11th season, designed to recognize the Champions Tour’s leading player, rewards both top finishes and week-in/week-out consistency in all official events. Players receive points for top-10 finishes and ties based on each week's money distribution, with $1,000 earned being the equivalent of one Charles Schwab Cup point. Double points will again be awarded at the five major championships. Double points will also be awarded to the entire 30-player field at the season-ending Charles Schwab Cup Championship. The season-long points competition kicks off in Hawaii at the Mitsubishi Electric Championship at Hualalai. The Road to the Charles Schwab Cup culminates in San Francisco at TPC Harding Park, with $2.1 million in payouts awarded to the season's top five leading performers. The winner receives $1 million.
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