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Report: Wyndham ending 20-year run as PGA Tour title sponsor
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WJOX-AM
Wyndham Hotels & Resorts will not return as a PGA Tour sponsor, Sports Business Journal reported on Monday, halting a 20-year run after its deal ran out this year.
Worth roughly $5.4 billion, Wyndham had sponsored the Greensboro, N.C., tournament since 2007, but per the report, is walking away instead of renewing its sponsorship with new terms.
SBJ reported that Raymond James is likely to take over the Greensboro tournament, which will slide into the Tour’s top-tier Championship Series in 2028.
The cost for a Championship Series sponsor is reportedly $30 million or higher per year and increases annually.
Five other PGA Tour events — the Sompo Championship, The Sentry, the Travelers Championship, the Arnold Palmer Invitational and the Cadillac Championship — have secured spots for the 2028 Championship Series.