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Former Bob Hope renamed CareerBuilder Challenge

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The PGA Tour's annual event in La Quinta, Calif., has a new title sponsor.

The former Bob Hope Classic, most recently known as the Humana Challenge, will now be known as the CareerBuilder Challenge, per a Monday announcement from the Tour. The six-year sponsorship deal will run through 2021.

“We are extremely pleased to welcome CareerBuilder as the new title sponsor, joining the Clinton Foundation in support of a tournament that has been an important part of the PGA Tour schedule for more than 55 years,” commissioner Tim Finchem said in a statement. 

The event will still honor the Hope legacy by continuing to award the Bob Hope Trophy, and the Clinton Foundation, a tournament partner since 2012, will likewise continue its involvement.

The tournament will be played Jan. 21-24 next year and maintain its spot on the schedule as the year's first event on the U.S. mainland.