Nationwide Tour holds steady with 2010 schedule
Tuesday, January 12, 2010
Recent news from the Nationwide Tour seem to indicate that the tour is holding strong in tough economic conditions:
• The tour will have 28 events and a total purse of $17,825,099 – down one event and $675,000 from 2009. There is still a “to be announced” slot Aug. 19-22; during the comparable period last year the tour staged the Christmas In October Classic, which was held for the first time.
The tournament had a $625,000 purse, so if it returns, the tour will have the same amount of events as ’09 and only a slight decline in its total purse.
• Two international events had good news to report. The tour’s Panama event announced a new title sponsor, Claro Panama. It operates under America Movil, the largest mobile telephone company in Latin America and the fourth largest in the world in terms of subscribers. It offers text messaging, multimedia messages, mobile connectivity, information and entertainment and data.
Despite the sponsor’s addition, the Panama event’s purse declined by $50,000 compared with a figure reported in a preliminary schedule that was released to players and agents in December.
Another international event, The Moonah Classic in Australia announced it would increase its purse $100,000 to $700,000 because title sponsor Moonah “felt comfortable enough with their financial picture to do so,” a tour official said. The Moonah Classic was initially listed as offering a $600,000 purse on the preliminary 2010 schedule.
• For a complete breakdown of the Nationwide Tour schedule, click here.