The tournament, to be held at Laurel Valley Golf Club near where Palmer was raised, is scheduled for a week before the Ryder Cup in September.
'I've given it a lot of thought because a lot of people are asking me,' the 71-year-old Palmer said. 'Have I made a decision? No. My game has been kind of rickety, and if I played, I would have to figure out a way to play without taking a spot away from one of the young players. I wouldn't want to do that.'
More Golf Headlines