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The Players Championship is a golf tournament that takes place annually on the PGA Tour calendar. It was inaugurated in the mid of seventies at the venue of the Atlanta Country Club located in Georgia. It was later relocated to Texas the next yea and to Florida the year after. In 1977 after the relocation to Florida it was played at the Sawgrass Country Club's Oceanside Course and then later after 1982 on the stadium course.
The winner is offered prize money ranging in millions, which is the highest amongst the prize money of all similar tournaments. It gave prize money of $8 million during 2004–06, 9 million during 2007 and $9.5 million in the current year. Although devoid of a Majors’ status it is commonly called as the "Fifth Major". It includes the fifty top ranking golfers that are the best amongst the global rankings, but in contrast to the other tournaments that are held in U.S. It basically does not count as an official event on the European Tour calendar.
A set amount of points are allocated to the winner amongst the Official World Golf Ranking. This is the top number of points that are allocated to any event other than the majors amongst which the highest number of points allocated are 50. To maintain a relationship amongst the champions, they are given between 35 and 39 points. The champion of The Players Championship moreover obtains five years exemption in regards to the PGA Tour along with a 3 year invitation to The Masters and a three year exemption for the British Open and last but not the least an entry to the PGA Championship for that same year.
It is different from the "Majors" that are owned and managed by the PGA Tour. In opposition to it The Masters are owned by the Augusta National Golf Club and the U.S. Open is owned by the USGA. The participants of this particular championship are well known for their par 3 in the professional golf. The seventeenth hole of the course is known as "the Island Green" and it has become the TPC Sawgrass' signature hole. The ultimate three holes are basically thought off as having the toughest endings in golf. They are also referred to as the 'running the gauntlet'.
The Players Championship is staged in the end of March spanning two weeks. Later in 2007 it was held in the mid of May as part of the reformation of the PGA Tour. It involved the introduction of the profitable FedEx Cup.
It involves the arrangement of an event that takes place for half of the year. Post the 2006 event chief renovation features were conducted and which gathered several rave reviews from the players in 2007. With the organization of the 2007 tournament the concluding round between the contestants of the Players Championship that is scheduled to be played on the second Sunday of May that marks the Mother's Day.
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