Stanford St. Jude Championship unveils big enhancements MEMPHIS, Tenn. -- The Stanford St. Jude Championship announced Thursday significant enhancements to the 2007 tournament, signifying a "new day" for the Memphis PGA TOUR stop set for June 4-10 at TPC Southwind. Stanford Financial Group, the tournament's new titleholder, has been working with the local tournament staff and the PGA TOUR to provide enhancements to the Memphis event in order to elevate its status among the 40 tournaments that comprise the FedExCup on the PGA TOUR.
The tournament previously announced a new date, moving the event from Memorial Day weekend to one week prior to the U. S. Open, and an increased purse of $6 million, making it one of the largest purses on the PGA TOUR. In December, the tournament added a new executive director to complement and expand the capabilities of the tournament's existing staff. Tournament officials kicked off the press conference with the presentation of a $1 million check to St. Jude Children's Research Hospital® representing the proceeds from the 2006 FedEx St. Jude Classic. This is the second straight year, and the fifth time in the past seven years, that the tournament has reached the million-dollar milestone for St. Jude, the world's premier center for the research and treatment of pediatric cancer and other catastrophic childhood diseases. The tournament has now raised more than $17.5 million for St. Jude since adopting it as its sole beneficiary in 1970. More than 92 percent ($16.2 million) of those dollars were raised during the 21 years FedEx was the event's title sponsor (1986-2006). Officials also announced the following new elements to the 2007 Stanford St. Jude Championship: "We couldn't be happier with the developments for the Stanford St. Jude Championship," said Eric Mehl, executive director. "The tournament -- with the help of its new title sponsor and the PGA TOUR -- set out on a mission to elevate this event. I think it's evident by these announcements today that we're serious about doing that. It's exciting to be at the helm of re-engineering the Memphis PGA TOUR stop, and it goes hand-in-glove with the renaissance that Memphis, as a city, is experiencing. This city has a vibe that is indescribable, and when you combine that with the power of the PGA TOUR and the passion of and for St. Jude, we'll have an event that shouldn't be missed," said Mehl. "I applaud Stanford St. Jude on the many enhancements they have made to our annual event in Memphis," said PGA TOUR Commissioner Tim Finchem. "From the beginning of their sponsorship, the leadership team at Stanford made a commitment to raise the stature of the event, and they have been diligent in bringing new resources and ideas to every facet of the event. From their charitable relationship with St. Jude, to fan enhancements and corporate hospitality offerings, to celebrating the 50-year history of the tournament, the Stanford team has left no stone unturned and we appreciate all their efforts." The defending champion of the tournament is Jeff Maggert, who won for the first time in more than seven years on the PGA TOUR with his victory at the 2006 FedEx St. Jude Classic. It was his third career title. Assuming the title sponsorship of the tournament and committing additional financial support to enhance the event are part of Stanford Financial Group's commitment to align its brand with the game of golf. Earlier this year, the company announced a new charitable investment program with the GOLF CHANNEL and the PGA TOUR that provides a donation to St. Jude for every eagle made on the PGA TOUR. The company also previously announced endorsement agreements with PGA TOUR players Camilo Villegas, David Toms and Vijay Singh who will act as ambassadors for the company and wear the Stanford eagle shield logo. Copyright 2007 PGATOUR.com. All rights reserved. |