Yesterday the PGA TOUR and Deutsche Bank announced that the global banking firm will be extending its sponsorship of the DBC for four more years, extending through 2016. This is all good timing too, as the second round of the FedEx Cup Playoffs get under way at the Deutsche Bank Championship at the TPC Boston.
Each year the tournament is played throughout the Labor Day weekend, and it’s become a bit of a tradition in the local area, with the final round finishing on Monday, instead of the typical Sunday finish. The DBC was elevated to a Playoff tournament when the FedEx Cup was introduced in 2007, and looks to be going nowhere for a while, now with the extension of four more years of golf for the New England area.
“We are extremely proud of the success and positive impact the Deutsche Bank Championship has had over these first 10 years,” said Seth Waugh, CEO of Deutsche Bank Americas. “The tournament’s growth and ascension to the FedExCup Playoffs is a testament to the great fans of New England and terrific partnership with the PGA TOUR and Tiger Woods Foundation, as well as EMC as the local presenting sponsor. We are delighted to announce the continuation of our title sponsorship through 2016.”
The Tiger Woods Foundation serves as the tournament’s host organization and is the primary beneficiary. The event also benefits many charities throughout the New England area as well. Since it’s inception the DBC has generated more than $20 million towards charity.
As a local New Englander, I, like many others, can now breathe a big sigh of relief that we have at least four more years of PGA TOUR golf to look forward to. It’s a great way to end our Summer here in New England!