FedEx has agreed to a five-year extension of its umbrella sponsorship of the FedExCup through 2017. Deal terms were not announced, but the FedExCup, launched with a six-year deal in 2007, will continue to offer $35 million in total bonus money to players, including $10 million to the winner. The Memphis-based package delivery company was reportedly paying $44 million a year to sponsor the Cup between 2007 and 2013.
Beginning in 2013, the four-tournament PGA TOUR Playoffs for the FedExCup will be officially called the FedExCup Playoffs.
"Since its inception in 2007, the FedExCup has transformed the competitive landscape on the PGA TOUR and significantly benefitted all of our stakeholders," said PGA TOUR Commissioner Tim Finchem. "It makes every FedExCup event more meaningful, add...
FedEx does a great job on the b2b, the return has to be there. From tournament volunteer uniform shipping to having their top customers walk insides the rope at every tournament, they get sponsorship.