“I'm happy to share that my Foundation has assumed management of the Deutsche Bank Championship,” Woods wrote on his website. “We've been the primary beneficiary for the last 10 years, and we're very excited to expand our role with such a great tournament.”
Championship director Eric Baldwin confirmed that, as of November 1, the foundation, which supports college access for underserved youth and has always been the primary beneficiary of the event, had agreed to take over day-to-day operations of the annual Labor Day tournament at TPC Boston in Norton, Mass.
The contest, which is part of the FedEx Cup series, will be “a little more streamlined than in the past,” Baldwin told us, adding that fans would notice no difference in the “back-of-the-house changes” to the festivities that included Baldwin and his staff moving from the auspices of IMG to the foundation.
“The foundation has great expertise in running other events, has a great staff, and I’m sure you’ll see some new ideas” in the coming months, Baldwin said. “We’re all excited that we are a part of the foundation and that the foundation’s taking an active role in running the event.”
IMG, Woods’ former management firm, will continue to be involved with the Deutsche Bank Championship on a strategic level, Baldwin said.