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Volume 24 No. 156
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          The PGA Tours International Federation, which consists
     of the PGA Tour, the European Tour, the Southern African PGA
     Tour, the PGA Tour of Australasia and the PGA Tour of Japan,
     introduced three joint-sanctioned world championship events
     set to begin in '99 (World Golf Championships).  In '99, 
     the World Golf Championships will include three events, each
     with a purse of "at least" $4M.  The first match will
     feature a match play format played February 24-28, '99 at La
     Costa, CA.  The other events will be stroke play tournaments
     with no 36-hole cut.  OH's Firestone Country Club will host
     the second event in August '99 and the last event will be
     played at Spain's Valderrama Golf Club.  A fourth event is
     "slated to be added by" 2000.  There will be "no title
     sponsors" for any of the new tournaments, but Anderson
     Consulting will serve as the "presenting sponsor" of the
     match play event (HOUSTON CHRONICLE, 10/30).  Each of the
     tournaments will be seen  in more than 120 countries.  In
     the U.S., ABC/ESPN will carry February's World Match Play
     and November's Stroke Play Championship, while CBS and USA
     will cover August's World Golf Invitational (World Golf
     Championships).  In Houston, Richard Dean reports that Greg
     Norman proposed "basically the same concept" three years
     ago, but his idea of a World Tour, with a possible
     partnership with Fox, was "dismissed" as one that would
     "weaken" the PGA Tour (HOUSTON CHRONICLE, 10/30). PGA
     Commissioner Tim Finchem: "It's different than the 1994
     initiative that Greg Norman endorsed, in a couple of ways. 
     Primarily, timing and structure" ("SportsCenter," 10/29).