According to the source negotiations, which began last year, are ongoing but there could be news as early as next week for the event which would likely come earlier in the Series rather than later because of potential cold weather that could make play on the posh island difficult in the fall.
Currently there is an open date the week after the Viking Classic (Sept. 30-Oct. 3) and before the Frys.com Open (Oct. 14-17) and multiple sources have indicated the venue would either be the resort’s Seaside Course or Frederica Golf Club.
This week Zach Johnson, one of four player directors on the Tour’s Policy Board and a Sea Island resident, told PGATour.com that there have been “positive rumblings” regarding the new event, and longtime island resident Davis Love III told GolfDigest.com that “we’re getting close.”
RSM McGladrey, which also sponsors Johnson, has been mentioned as a possible sponsor of the tournament, which would bring the number of post-Tour Championship events to five. What connection the new event would have to financially troubled Sea Island Resort remains unclear.
The Fall Series has dwindled from seven events in 2007 to four on this year’s schedule following the move of the Valero Texas Open and Turning Stone Resort Championship to the FedEx Cup portion of the schedule and the early exit of the Ginn event.
If negotiations are successful, the event would likely be on this year’s schedule and would be a multi-year agreement, the source told GolfChannel.com.