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Web.com Replacing Nationwide As Developmental Golf Series Sponsor
Published June 27, 2012
Nationwide had been the umbrella sponsor since '02, but the insurance company told the tour late in '10 that it would end its sponsorship when the contract ran out at the end of the '12 season, or earlier if the PGA Tour found a replacement. Web.com, which represents new money coming into the sport in a nontraditional category, was willing to take over the sponsorship immediately. Industry sources say the company’s spend will range from $10M-$13M per year over the term of the contract. CAA Sports’ golf division is representing Web.com on the deal.