Signature Events have been a hit or miss on the PGA Tour. While they offer higher purses, golfers like Lucas Glover have called them out for a lack of inclusivity . With the PGA Tour adding another signature event to 2026, eagerness awaits. Per Josh Carpenter, a multi-million dollar agreement is shaping this Miami event.

Recently, he appeared on the 5 Clubs podcast with Gary Williams on Golf Channel and shared that negotiations for the Miami event sponsorship are nearly complete.

“I think we could be pretty close. I’ve heard that they’ve got a deal. It’s another big one—by all accounts, a very big deal. The number for these signature events leading up to now has been about $25 million per year,” Carpenter told Williams.

Truist, for instance, paid roughly $26 million for the Charlot

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