ChampionsTour Gets Rich New Event

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Champions TourGinn Clubs & Resorts has signed a five-agreement to sponsor and stage one of the richest events on the Champions Tour in 2007, the inaugural Ginn Championship at Hammock Beach in Palm Coast, Fla.
 
The inaugural Ginn Championship at Hammock Beach will be played March 26-April 1 and will feature a $2.5 million purse, with $375,000 awarded to the winner. The event will take place the week before the Masters Tournament, and two weeks before the LPGA Ginn Clubs & Resorts Open in Reunion, Fla.
 
In 2006, only the U.S. Senior Open has a larger purse, at $2.6 million, than the Ginn Championship.
 
'The Ginn Company has quickly become a major player in the golf development business and we are looking forward to partnering with them on the Ginn Championship at Hammock Beach Golf Club,' said Champions Tour president Rick George.
 
'The players will enjoy playing the Tom Watson-designed golf course as well as the Hammock Beach area, which offers beaches, resorts, great golf courses and a number of other amenities. We'll have a great field. The Ginn Championship at Hammock Beach Golf Club is a terrific addition to the 2007 Champions Tour schedule.'
 
The Golf Channel will air all three rounds of the championship.