The Champions Tour, a golf tour run by the PGA Tour, hosts a series of events annually in the United States and the United Kingdom for golfers 50 years of age and older. Many of the PGA Tour's most successful golfers have gone on to play on the Champions Tour.
The Senior PGA Championship, founded in 1937, was for many years the only high-profile tournament for golfers over 50. The idea for a senior tour grew out of a highly successful event in 1978, the Legends of Golf, which featured competition between two-member teams of some of the greatest older golfers of that day. The tour was formally established in 1980 and was known as the Senior PGA Tour until October 2002. The original logo was based on the PGA Tour logo, with the red and blue reversed and with the golfer's profile modified to depict the wearing of a flat cap and plus fours.
Of the 26 tournaments on the 2010 schedule, all were in the United States except for the Senior British Open, a tournament in the Dominican Republic that started in 2008, and tournaments in Canada and South Korea starting in 2010. The guaranteed minimum official prize money is $51.5 million over 26 tournaments, with a record average purse of $1.98 million per event; slightly higher than the 2008 prize money of $51.4 million over the same number of events. The total prize money and number of events, however, are down from previous years—for example, the 2007 tour offered a total of $55.2 million over 29 events.
Most of the tournaments are played over three rounds (54 holes), which is one round less than regular professional stroke play tournaments on the PGA Tour. Because of this and having smaller fields, there are generally no "cuts" between any of the rounds. However, the five senior majors have a full 72 holes (four rounds). A golfer's performances can be quite variable from one round to the next, and playing an extra round increases the likelihood that the senior majors will be won by leading players.
In 2006, the Champions Tour Division Board of the PGA Tour organization voted to allow players the option to use golf carts during most events on the tour. The five major championships and certain other events, including pro-ams, are excluded.
Read more about Champions Tour: Exemptions and Qualifying, 2012 Schedule, 2012 Money Leaders, Money Winners and Most Wins Leaders, Leading Career Money Winners
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