Schwab To The Rescue! Colonial Appears Primed To Land Long-Term Sponsor

Brad Townsend with great news for fans of the historic Colonial PGA Tour stop: Charles Schwab appears set to take over as the event sponsor in 2019. 

There are still dots and crosses that could derail things, but as Townsend lays out, Schwab will have a nearby presence in a year and it appears to be a great fit. (The 2018 edition of the Colonial is sponsored by a combination of American Airlines, AT&T, XTO Energy and Burlington Northern.)

Most significantly to Colonial, Schwab and the potential for a longterm, mutually beneficial relationship, Schwab is building a $100 million campus in Westlake, north of Fort Worth, that could house up to 2,600 employees. The campus is scheduled to open in 2019.

Much like North Texas' other PGA Tour event, the AT&T Byron Nelson, Schwab would represent to Colonial a sponsor with a long, deeply rooted association with the PGA Tour.