It should come as no surprise that the PGA Tour has filed suit against the Ginn Companies, the real estate firm that last week unceremoniously dropped its sponsorships of both a PGA Tour and a Champions Tour tournament.
Ty Votaw, the PGA Tour’s communications director said in a statement:
“We regret having to take this legal action, but feel we have no other recourse than to try to recover what had been guaranteed to our members through existing agreements with Ginn Companies. We also had no forewarning that Ginn was planning to cancel the 2009 Ginn Championship at Hammock Dunes, and only learned of the decision when the company issued a release late Wednesday. In fact, we had been in discussions with them on possible modifications to the agreement. Until this issue is resolved through the legal process, it would be inappropriate to comment further at this time.”
The Tour is legally correct, of course. But good luck trying to extract blood from the proverbial turnip.