Location Scottsdale, Arizona Par 70 Tour(s) PGA Tour Champions | Established 1990 Length 6,929 yards (6,336 m) | |
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Course(s) Desert Mountain Club (Cochise) | ||
The Charles Schwab Cup Championship is the final event of the season on the U.S.-based PGA Tour Champions, the world's leading golf tour for male professionals aged 50 and above. Played in late October or early November each year, it is PGA Tour Champions' equivalent of the PGA Tour's Tour Championship, and was formerly known as the Senior Tour Championship. Like the Tour Championship, it has a small field (30 from 1990 through 2015, and 36 from 2016 forward) and no half-way cut.
Through 2015, the top 30 money winners made up the field. Beginning in 2016, the field will expand to 36, and the event will become the final stage of a new three-tournament playoff similar to that used by the regular PGA Tour for its FedEx Cup. The tournament has another distinction that makes it unique on PGA Tour Champions – it is the only event, other than the tour's five majors, contested over four rounds. Regular PGA Tour Champions events are held over three rounds. Since 2013, the purse has been $2,500,000, with $440,000 going to the winner.