Mylan to title sponsor PGA Tour Nationwide Tour event
Contract summary
Length of contract: 1 yearAnnualised value: US$200,000
Overall value: US$200,000
Mylan will sponsor a PGA Tour Nationwide Tour event - the Mylan Classic - at Southpointe Golf Club in the Pittsburgh suburb of Canonsburg in 2010.
The competition, which will feature 156 players, will be played at the start of September.
"We are extremely proud to sponsor the Mylan Classic right here in our own backyard at the Southpointe Golf Club in Canonsburg," said Mylan chairman and chief executive Robert J. Coury. "This sponsorship is very compatible with our longstanding charitable commitments to the communities where Mylan operates, and it's another great example of an event that will have a significant and positive impact on the region in which it is held.
"In addition, it is an excellent value proposition for all of our employees and other stakeholders around the world. We look forward to working with the PGA Tour, the Washington County Chamber of Commerce and the Golf Club to ensure a highly successful leg of the Tour that will bring additional national and international attention to Mylan and the Pittsburgh area."
Two out of every three PGA Tour members are Nationwide Tour alumni. At the end of the 2009 official season, Tour alumni had won 260 PGA Tour titles, including 13 majors.
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