SportsBusiness Daily — Sports Business Resources — your sports business news and information source. Learn More
Advanced
Home About Us Advertise With Us Marketplace/Classifieds College & University Program Subscribe/Trial My Account

Wednesday
May 6, 2009
Print This Issue


 
MOST VIEWED STORIES
View the top 20 stories
 
Recent Issues
Events & Attractions

Players Championship Focus On Charity Helping Maintain Support

Players Championship Marketing Discounted
Family Ticket Plan, Reduced Concession Prices
PGA Tour The Players Championship Exec Dir Jay Monahan said while there is a "challenge relative to discretionary dollars" in the current economy, the tournament is "such an important part of the fabric of this community because of what it does for charity that we are seeing the support that has always set this event apart," according to Kimberly Morrison of the JACKSONVILLE BUSINESS JOURNAL. Monahan said event officials this year are "doing things like letting children under the age of 16 in for free when accompanied by a ticketed adult," and the tournament also has "come up with a family plan that we are marketing, which is new and is at a discounted rate." Monahan: "We've seen a great response to that." Monahan also said a "$5 value meal and simple things like reducing the price of water" have been added for this year's tournament. Monahan: "We've really tried to look at all facets of our event and make adjustments that may help people who are challenged with discretionary spending." Meanwhile, Monahan said, "From a very simple perspective -- we raised $3[M] for charity in 2008 and we want to and expect to in 2009 raise that much or hopefully exceed that." Monahan added the tournament's sponsors are the "foundation of our event and we work with them all year to help them maximize the investment in this event." Monahan: "We want to make sure the experience they have here allows them to achieve their business objectives in three buckets: charity, community and business impact" (JACKSONVILLE BUSINESS JOURNAL, 5/1 issue). The JACKSONVILLE BUSINESS JOURNAL's Christian Conte notes since The Players Championship settled in Ponte Vedra Beach in '77, the tournament has "donated more than $31[M] to various charities in Northeast Florida" (JACKSONVILLE BUSINESS JOURNAL, 5/1 issue).

NOT EVERYONE CUTTING BACK: The JACKSONVILLE BUSINESS JOURNAL's Morrison reports Florida-based government health care services company MDI Holdings Inc., which has "enjoyed robust growth for more than a year," has its "eyes on The Players Championship to build on that growth." MDI Chief Administrative Officer Dan Stoll said that his company will "shell out about $200,000 to entertain up to 150 current and prospective clients, as well as some employees, at The Players and other social events planned during the week of the tournament."  Meanwhile, Chicago-based risk management services provider Aon Corp., which has an office in Jacksonville, also "decided this year to increase its presence on the golf course by upgrading from buying daily tickets to a private chalet." Aon Jacksonville Resident Managing Dir Andy Haynes: "It was a good business decision for us" (JACKSONVILLE BUSINESS JOURNAL, 5/1 issue).

ON PAR: Monahan said that despite the economy, the "level of sponsorships and corporate ticket package sales is commensurate with last year's," though there has been "some shuffling as companies work to maintain sponsorship in a high-profile sports event." Monahan, who "declined to say how much event sponsorship packages cost" at the tournament, said, "You've got some companies that have financial challenges that have stepped down a level but still are participating. ... They may have had a traditional marquis on the golf course and instead they're purchasing one of our other products, or a stadium chalet and they're purchasing one of our ticket packages." Several course hospitality area sponsors said that their companies "find value in the investment." Acosta Sales & Marketing Co. Dir of Communications Vilma Consuegra, whose company has a hospitality area this year, said, "As a Jacksonville-based company, we saw this as a wonderful opportunity to help our local charities. We're in a unique situation. We don't have any clients based here in Jacksonville, and this lets us take them to the event" (FLORIDA TIMES-UNION, 5/6).


Get A Free Trial To SportsBusiness Daily

Reader Comments

To post comments on this article, log in or register for a free trial.

Related Stories By Company Related Stories By Sport
Quail Hollow Named PGA Tour Best Event
November 19, 2009 : SportsBusiness Daily

Michelle Wie's First Win Lifts LPGA
November 17, 2009 : SportsBusiness Daily

Still No Sponsor For San Diego PGA Event
November 13, 2009 : SportsBusiness Daily

Players Championship Free For Military
November 10, 2009 : SportsBusiness Daily

PGA Tour Working To Grow Golf In China
November 9, 2009 : SportsBusiness Daily

Legends Tour Trying To Spread Word Of League
November 20, 2009 : SportsBusiness Daily

Wegmans Sponsoring '10 LPGA Championship
November 19, 2009 : SportsBusiness Daily

Quail Hollow Named PGA Tour Best Event
November 19, 2009 : SportsBusiness Daily

LPGA Looks To Brighter Days Ahead
November 18, 2009 : SportsBusiness Daily

Michelle Wie's First Win Lifts LPGA
November 17, 2009 : SportsBusiness Daily

ALSO IN THIS SECTION


A Publication of Street & Smith's Sports Group.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (REVISED 2009-06-23) and Privacy Policy (REVISED 2009-06-23).

© 2009 Street & Smith's Sports Group and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Street & Smith's Sports Group.