Waggle Room: An SB Nation Community

Navigation: Jump to content areas:


Sports blogs for fans, by fans.
Around SBN: Spencer Hall's Sports Meme Power Rankings

Wachovia Championship Alive...for Now

Wachovia's banking operations were bought by Citigroup yesterday as the secondary headline to the House Republicans helping to tank the American economy for a few more days.  This made me wonder what that would mean for the Sixth Major, the Wachovia Championship at Quail Hollow.  Ron Green Jr. says it's safe, for now

“For now, it's business as usual as far as our sponsorship commitments,” said Mary Beth Navarro, a spokesperson for Wachovia marketing.

Officials said the golf tournament is expected to continue in the future with a contract that carries it through 2014.

“We fully expect the tournament in Charlotte to continue,” said Jon Podany, senior vice president for business development with the PGA Tour said..

“The acquiring company would assume the contract. That's typically the way the contracts work.”

More after the jump.

 

Star-divide

It is still to be determined whether the Wachovia brand would remain on the event while officials at Citigroup and Wachovia work out the details of the transition. With a portion of the Wachovia brand remaining, it's possible the tournament name could remain.

Makes sense since Wachovia still owns AG Edwards and other properties.

But, it seems like things will go on as planned.  Never know how these things turn out, but I would guess that this sticks around in some fashion.

0 recs  |  Comment 2 comments |

Story-email Email Printer Print

Comments

Display:

ummmm....

…Jimmy Carter and Bill Clinton weren’t Republicans – Carter started government guaranteed loans to people with little or no income (which anybody with half a brain knew would never be repaid) and Clinton repealed a Depression Era law that forbade banks and lending institutions from lending outside their area, and forced even more low income lending.

not a political statement – just historical fact.

"this ball will fit in that fairway"

by courtgolf on Sep 30, 2008 10:45 AM EDT reply actions   0 recs

I agree

this didn’t start with the House Republicans by any means. They’re just the latest to screw up.

by Ryan Ballengee on Sep 30, 2008 12:18 PM EDT reply actions   0 recs

Comments For This Post Are Closed


User Tools

Welcome to Waggle Room! Join our community! Have a golf story tip? Contact editor Ryan Ballengee and he will follow the story.
Start posting on Waggle Room »

Join SB Nation and dive into communities focused on all your favorite teams.

Golf News Net Shows

The 19th Hole Golf Show - 11/4 - We start the show by discussing the HSBC Champions and LPGA Mizuno Classic.  Then we talk with top 100 teacher Charlie King about how he plans to change golf instruction.  And, finally, we talk with legendary golfer Tom Watson about a host of subjects, including Turnberry.

Listen NOW on the Golf News Net Media Player!

The 19th Hole Golf Show on iTunes

GNN Newsmakers Feed

GNN MP3 Players

The 19th Hole Golf Show

Waggle Room Media

Facebook, Twitter, & Podcasts - Oh My!






Managers

Ryan2_small Ryan Ballengee