MILWAUKEE--(BUSINESS WIRE)--July 26, 2006--U.S. Bank and Milwaukee
Golf Charities, Inc., the organization responsible for the operation
of the U.S. Bank Championship in Milwaukee, have agreed to terms on a
new three-year contract whereby U.S. Bank will remain the title
sponsor of the annual PGA TOUR event. U.S. Bank became the first title
sponsor of the tournament in 2004, and this year's 39th annual
tournament, to be held July 27-July 30 at Brown Deer Park Golf Course,
marks the third year of the original three-year agreement.
Bill Bertha, U.S. Bank Wisconsin market president, said, "It's
terrific to be involved with such an outstanding organization that
shares part of our 153-year history in Milwaukee and features
top-notch PGA TOUR players at our local crown jewel public course
played by so many families in our area. We also love the boost it
provides to our local economy, and most of all, the charitable
contributions that have resulted from our being involved in this
outstanding tournament, which for the last two years surpassed $1.2
million. This year, we hope to again exceed the record of yearly
"We are so pleased to able to announce the renewal of our
agreement with U.S. Bank," said Bryce Edwards. "As we look forward to
our 40th anniversary event and beyond, to have a partnership with an
organization as strong as U.S. Bank means a great deal as we move
forward with the PGA TOUR and look to continue to increase the amount
of charitable giving that the tournament is able to achieve."
The U.S. Bank Championship in Milwaukee, scheduled for July 16th -
22nd next year, will become part of the new PGA TOUR FedExCup
competition that debuts in 2007. The FedExCup Regular Season runs from
the beginning of January through the middle of August and will
establish the seeding for the PGA TOUR Playoffs. The Playoffs will
consist of four events that will determine the season-long FedExCup
champion, who will receive a record $10 million bonus.
General grounds and party deck tickets are still available for
this year's tournament and can be ordered at ww.usbankchampionship.com
or by calling 414-540-3800. USA Network will air the tournament on
Thursday and Friday from 3-5 p.m. central time and CBS coverage starts
on Saturday and Sunday, 2-5 p.m. central time.
U.S. Bancorp, with assets of $213 billion, is the sixth-largest
financial holding company in the United States. The company operates
2,434 banking offices and 4,966 ATMs, and provides a comprehensive
line of banking, brokerage, insurance, investment, mortgage, trust and
payment services products to consumers, businesses and institutions.
U.S. Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on
the web at www.usbank.com.
The U.S. Bank Championship in Milwaukee is a non-profit event that
contributed over $633,000 to Wisconsin charities last year and more
than $5.1 million since 1994.
CONTACT: U.S. Bank
Lisa H. Clark, 608-877-7517
SOURCE: U.S. Bank