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Closing Bell

Wells Fargo Championship Close To Title Sponsorship Renewal

The PGA Tour heads to Charlotte this week for the Wells Fargo Championship, and Tournament Dir Gary Sobba said he hopes to have “good news” about a title sponsorship renewal within the week. Sobba: “We’re optimistic. Nothing firm yet but we’re hoping we can get something done.”

A main sticking point in negotiations has been where to host the tournament in '21, with Quail Hollow set to host the Presidents Cup that fall. Eagle Point Golf Club in Wilmington, N.C., hosted the event in '17 when the PGA Championship was played in Charlotte. But Sobba said should Wells Fargo sign back on, the tourney would most likely not return to Eagle Point in '21, opting instead to leave the market altogether. He indicated a site is close to being chosen but would not give specifics.

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