Former Bob Hope renamed CareerBuilder Challenge


President Bill Clinton presents 2014 Humana Challenge champion Bill Haas will the Bob Hope Trophy. (Getty Images)

The PGA Tour's annual event in La Quinta, Calif., has a new title sponsor.

The former Bob Hope Classic, most recently known as the Humana Challenge, will now be known as the CareerBuilder Challenge, per a Monday announcement from the Tour. The six-year sponsorship deal will run through 2021.

“We are extremely pleased to welcome CareerBuilder as the new title sponsor, joining the Clinton Foundation in support of a tournament that has been an important part of the PGA Tour schedule for more than 55 years,” commissioner Tim Finchem said in a statement. 

The event will still honor the Hope legacy by continuing to award the Bob Hope Trophy, and the Clinton Foundation, a tournament partner since 2012, will likewise continue its involvement.

The tournament will be played Jan. 21-24 next year and maintain its spot on the schedule as the year's first event on the U.S. mainland.