Deutsche Bank announces another 4-year commitment as tournament celebrates 10th anniversary
NORTON, Mass. – The PGA TOUR and Deutsche Bank today announced that the global banking firm has extended its sponsorship of the Deutsche Bank Championship by four years, through 2016. The announcement comes as the tournament, the second of four FedExCup Playoff events, celebrates its 10th anniversary this week.
Deutsche Bank has been title sponsor since the tournament’s Labor Day Weekend debut at TPC Boston in 2003. EMC Corporation also has renewed as the local presenting sponsor through 2016.
“We are extremely proud of the success and positive impact the Deutsche Bank Championship has had over these first 10 years,” said Seth Waugh, CEO of Deutsche Bank Americas. “The tournament’s growth and ascension to the FedExCup Playoffs is a testament to the great fans of New England and terrific partnership with the PGA TOUR and Tiger Woods Foundation, as well as EMC as the local presenting sponsor. We are delighted to announce the continuation of our title sponsorship through 2016.”
Since its inception, the Deutsche Bank Championship has generated more than $20 million for charity. The Tiger Woods Foundation serves as the tournament’s host organization and primary beneficiary and the event also benefits many charities throughout New England via various events, programs and its Birdies for Charity initiative.
“Deutsche Bank has been a valuable partner of the PGA TOUR and the Tiger Woods Foundation over the past decade and has helped to generate a significant impact on the region’s economy and charities through its sponsorship of the Deutsche Bank Championship,” said PGA TOUR Commissioner Tim Finchem. “With today’s announcement, the Deutsche Bank Championship will continue its positive influence throughout the region and maintain its important role in the FedExCup Playoffs. We sincerely thank and congratulate Deutsche Bank for this new four-year commitment.”
Traditionally concluding on Labor Day Monday, the Deutsche Bank Championship was elevated to a Playoff tournament when the FedExCup was introduced in 2007. It has provided outstanding drama over its first nine years, including a memorable introduction as a Playoff event. That year featured a classic Monday showdown between Phil Mickelson and defending champion Tiger Woods, with Mickelson eventually winning by two strokes. Woods would go on to capture the FedExCup title.
The following year, Vijay Singh dominated the tournament with a five-stroke victory and virtually sealed the FedExCup title. Steve Stricker won by one stroke in 2009 and then Charley Hoffman equaled Singh’s dominating performance with a five-stroke victory in 2010. Last year provided one of the tournament’s most dramatic finishes, as Webb Simpson holed a long birdie putt on the 72nd hole to tie Chez Reavie, and then made birdies on the first two playoff holes to claim the title. Simpson begins his title defense on Friday.
About Deutsche Bank
Deutsche Bank is a leading global investment bank with a substantial private clients franchise. Its businesses are mutually reinforcing. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 100,000 employees in more than 70 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions, creating lasting value for its clients, shareholders, people and the communities in which it operates. Its website is www.db.com.
About the Tiger Woods Foundation
Since its inception in 1996 by Tiger Woods and his father, Earl, the Tiger Woods Foundation has reached millions of young people by delivering unique experiences and innovative educational opportunities for youth worldwide. What began as simply a dream to provide young people with opportunities and the tools needed to achieve a bright future has grown into a global organization that has served young people around the world.
Specific programs of the Foundation include the Tiger Woods Learning Center, a one-of-a-kind, 35,000-square-foot education facility custom-built for the underserved youth of Southern California. Everything at the Learning Center is about active participation and hands-on learning. Scholars in grades 5-12 experience college-access programs focused on science, engineering, technology and math. Interactive classes — in subjects ranging from rocketry, aerospace engineering and marine biology to graphic design and communications — allow our students to explore a future in almost any career and recognize the importance of attending college. For more information, visit www.tigerwoodsfoundation.org.
About IMG
IMG Worldwide is a global sports, entertainment and media business, with nearly 3,000 employees operating in 30 countries around the globe. IMG’s areas of expertise are diverse and wide ranging: IMG College; IMG’s Joint Ventures in China, Brazil and India; IMG Media; IMG Events and Federations; IMG Fashion; IMG Models; IMG Art+Commerce; IMG Clients; IMG Academies; IMG Consulting and IMG Licensing. More information is available at www.imgworld.com. Follow us on twitter: http://twitter.com/#!/IMG_Worldwideand Facebook: http://www.facebook.com/IMGWorldwide
About the PGA TOUR
The PGA TOUR is the world’s premier membership organization for touring professional golfers, co-sanctioning more than 100 tournaments on the PGA TOUR, Champions Tour, Web.com Tour and PGA TOUR LatinoamÌ©å_å©ca.
The PGA TOUR’s mission is to entertain and inspire its fans, deliver substantial value to its partners, create outlets for volunteers to give back, generate significant charitable and economic impact in communities in which it plays, and provide financial opportunities for TOUR players.
PGA TOUR tournaments are broadcast to approximately 715 million households in 225 countries and territories in 29 languages. Virtually all tournaments are organized as non-profit organizations in order to maximize charitable giving. In 2011, tournaments on the three Tours generated more than $121 million for local charitable organizations, bringing the TOUR’s all-time total of charitable contributions to more than $1.7 billion.
The PGA TOUR’s web site is PGATOUR.com, the No. 1 site in golf, and the organization is headquartered in Ponte Vedra Beach, FL.
Contact:
Chris Smith
PGA TOUR
(904) 273-3379
csmith@pgatourhq.com
Greg Ball
Deutsche Bank Championship
(818) 462-5611
gregb@bzapr.com
Rachel Rees
Tiger Woods Foundation
(949) 725-3003
rrees@tigerwoodsfoundation.org
