Haas grabs Charles Schwab Cup lead back from Langer

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PONTE VEDRA BEACH, Fla. -- Jay Haas took back the Charles Schwab Cup lead from Bernhard Langer with his tie for third at last week's JELD-WEN Tradition. Trailing Langer by 108 points when the week began, Haas is now 98 points ahead of Langer, who tied for seventh at the JELD-WEN Tradition. Fred Funk, who won in Oregon at the Champions Tour's fourth major of the year, moved to third place, with Eduardo Romero and Scott Hoch rounding out the top five.

The Charles Schwab Cup is a season-long points program designed to recognize the Tour's leading player. The program rewards both top finishes and week-in/week-out consistency at all 29 official Charles Schwab Cup events. Points are awarded to the top 10 finishers and ties and are based on the money distribution for each tournament, with every $1,000 earned being the equivalent of one Charles Schwab Cup point. Points are doubled at the Champions Tour's five major championships and the season-ending Charles Schwab Cup Championship.

The winner of the 2008 Charles Schwab Cup will earn a $1 million annuity.

The second through fifth-place finishers earn annuities of $500,000, $300,000, $200,000 and $100,000.

The previous winners in the competition are Allen Doyle (2001), Hale Irwin (2002 and 2004), Tom Watson (2003 and 2005), Jay Haas (2006) and Loren Roberts (2007).