Owens Corning renews with LPGA
Wednesday, September 2, 2009
The LPGA’s good-news train keeps rolling. Jamie Farr Owens Corning Classic announced a one-year extension Sept. 2, keeping a much-needed domestic stop on the tour’s summer schedule.
“I just want to commend (LPGA commissioner) Marty Evans and her team for their willingness to pursue a livable business model for us,” said Judd Silverman, executive director of the event.
It was during July’s Farr event that top LPGA players drafted a letter calling for commissioner Carolyn Bivens’ resignation. The future of the 25-year event was in great jeopardy at the time.
Silverman wouldn’t go into specifics about their negotiations, except to point to the purse, which drops from $1.4 million to $1 million in 2010. The event will be held July 1-4.
Owens Corning Classic’s decision to extend for only one year is an example of the times, according to Silverman.
“The building products business isn’t exactly tearing it up right now,” he said.