Grand Slam Of Golf Unlikely To Stay In Bermuda If Title Sponsor Is Found

Bermuda Minister of Business Development & Tourism Wayne Furbert said Friday that the PGA plans to "sell the title sponsor for the annual" Grand Slam of Golf event, according to Colin Thompson of the Bermuda ROYAL GAZETTE. If the PGA is successful, Furbert said "it would be unlikely the sponsor would like to stay in Bermuda." However, the PGA has "agreed to keep the Grand Slam of Golf on Bermuda’s shores at least until 2013 should they fail to find a new title sponsor by the time this year’s event rolls around." The current sponsorship fee for Bermuda to host the event "stands at $1.5 million." It is "understood that Hawaii and Barbados have shown interest in taking over sponsorship of the three-day event." Furbert said that a "proposed partnership with the Executive Women’s Golf Association would see Bermuda host either a Women’s Grand Slam of Golf or a World Championship of Women’s Golf in place of the Grand Slam of Golf." He added that the possibility of a "five-day long Champions Tour event being held in Bermuda is also being considered" (Bermuda ROYAL GAZETTE, 2/4).