Morning Buzz

FedEx Renews PGA Tour Sponsorship For 10 Years Through '27

By John Lombardo

The PGA Tour and FedEx have signed a 10-year sponsorship renewal of the FedExCup. The deal, which runs through '27, is the Tour’s most lucrative sponsorship. The renewal is double the number of years in length from the previous five-year extension signed by FedEx in '12. Financial terms were not disclosed. PGA Tour Commissioner Jay Monahan said that the FedExCup’s current $35M in prize money, including a $10M payout to the winner, will increase, but he offered no specifics. 

Monahan said that no decisions have been made regarding potential schedule changes to the current FedExCup season or its four-event playoff to avoid competition with the NFL. The FedExCup playoff format historically ends in late September with the Tour Championship.

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