CareerBuilder Challenge Eyes Casual Golf Fans PGA Tour's Monahan Touts Sociability As Strength Bevacqua: PGA Championship Dates Are Flexible Monahan Explains Why Tourneys Stayed In N.C. Jay Monahan Dishes On PGA Tour Issues PGA Tour Looking For New TofC Title Sponsor Monahan Discusses Goals Of New PGA Tour Regime Fowler-Day, Rose-Stenson Commit To Zurich Classic Trump's Ties To Golf Could Impact Sport Golf Community Excited For Jay Monahan
SBD/2/Sponsorships Advertising Marketing
Published May 2, 1995
MasterCard International has signed a one-year agreement to be "presenting sponsor" of the PGA Tour's Colonial Golf Tournament in TX. Officials hope the arrangement will "lead to a multi-year agreement" with MasterCard to become the tournament's title sponsor. The Colonial has been without a title sponsor since Southwestern Bell didn't renew its contract after the '94 event (FORT WORTH STAR-TELEGRAM, 5/2)....At the recent sponsorship forum organized by Clarion Performance Properties and AD AGE, Patrick Kemp, Dir of Marketing Operations at GM, said sports efforts by top corporations are better handled by the marketing department "because sponsorship comes out of the same marketing checkbook at the end of the day." AD AGE's Jeff Jensen notes the leagues also are "stocking up" on their own marketing talent (AD AGE, 5/1 issue).