PGA of America officials considered moving the elite four-man event to another city. A number of locations, including Las Vegas and the Caribbean, expressed interest in hosting the tournament.
The 36-hole event will be played Nov. 21-22. The purse was increased to $1.25 million from $1 million.
The Grand Slam, billed as 'the most exclusive event in golf,' has been played at the scenic, oceanside Poipu Bay Golf Course on Kauai's southern shore since 1994. It was also played at the Kauai Lagoons Resort in 1991 before spending two years at PGA West in La Quinta, Calif.
Last year, Tiger Woods won a record sixth Grand Slam title, defeating Phil Mickelson, Michael Campbell and Vijay Singh.
Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.