This week will mark the 12th playing of the event, which claims only seven different winners. Swedens Jesper Parnevik is a two-time champion, as is Englands Lee Westwood. Colin Montgomerie, however, is the Scandinavian Master, having won three times.
Montgomerie is also the defending champion. He earned last years title at the Barseback Golf and Country Club near Malmo, the same site as his 1999 triumph. He won the inaugural event in 1991 at the Drottningholms Golf Club.
This year, though, he will be vying for victory No. 4 at the Kungsangen Golf Club near Stockholm.
This marks the third time Kungsangen will play host to the event. Parnevik won his second Scandinavian title on this course in 1998, and Westwood did the same in 2000.
Aside from the multiple champions, Nick Faldo (1992), Peter Baker (1993), Vijay Singh (1994) and Joakim Haeggman (1997) have also hoisted the trophy.
Montgomerie has won three different events on three occasions: Murphys Irish Open (1996, 97, 2001), Volvo PGA Championship (1998-2000) and this event.
The 39-year-old Scot was teetering on skipping his title defense in protest to what he believes to be unfair treatment by the press.
Montgomerie was accused of stalking off the Muirfield course after shooting 84 in the third round of the Open Championship, two weeks ago.
Im hurt by it, Im really hurt. Ive pulled out of golf tournaments for the next two weeks. I cant handle it anymore, Montgomerie hastily said the Sunday of the Open.
Last week, a spokeswoman for his management company said Montgomerie, who did not play the TNT Open, would play in Stockholm. This is scheduled to be his final tune-up before the seasons last major, the PGA Championship, Aug. 15-18 in Minnesota.
This years field will include Ryder Cuppers Montgomerie, Westwood, Parnevik, Pierre Fulke, Thomas Bjorn and Niclas Fasth.
This will be Parneviks first event of the season on European soil, outside of the Open Championship.
Full field and tee times for the Volvo Scandinavian Masters