Pate, the 1976 U.S. Open champion, fended off three players including 2005 winner and Champions Tour all-time wins leader Hale Irwin. The win for Pate was his first of any kind since the 1982 Players Championship.
One week after Nick Price made his Champions Tour debut, the tour welcomes two-time major champion Mark O'Meara this week. Price had a decent showing in his debut as he tied for 20th behind winner Mark James at the Allianz Championship.
The tour is marking its 20th anniversary in the Tampa area and the TPC of Tampa Bay is hosting this event for the 16th straight year.
Pate became the 11th winner in the first 19 years of the event to come from behind in the final round to earn the win. Rocky Thompson set the tour record for best final round when he closed with a 10-under 61 in 1994 to claim the title.
The Golf Channel will have coverage of just Friday's round. NBC takes over for the final two rounds.
The tour remains in Florida next week for the Ace Group Classic, where Loren Roberts was victorious last year.