{"id":764471,"date":"2023-06-19T10:10:10","date_gmt":"2023-06-19T14:10:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/travelers-announces-the-start-of-the-2023-travelers-championship\/"},"modified":"2023-06-19T10:10:10","modified_gmt":"2023-06-19T14:10:10","slug":"travelers-announces-the-start-of-the-2023-travelers-championship","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/travelers-announces-the-start-of-the-2023-travelers-championship\/","title":{"rendered":"Travelers Announces the Start of the 2023 Travelers Championship"},"content":{"rendered":"

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Travelers Announces the Start of the 2023 Travelers Championship<\/b><\/p>\n

Designated event features 8 of the top 10 players in the world rankings, <\/i>37 of the top 50<\/i><\/p>\n

HARTFORD, Conn.–(BUSINESS WIRE<\/a>)–
\nThe Travelers Companies, Inc. (NYSE: TRV<\/a>) today announced the start of the 2023 Travelers Championship at TPC River Highlands in Cromwell, Connecticut. This year\u2019s tournament, which is a PGA TOUR designated event with a tournament-record purse, features eight of the top 10 players in the Official World Golf Ranking, led by No. 1 Scottie Scheffler. The field also includes Jon Rahm (No. 2), Rory McIlroy (No. 3), Patrick Cantlay (No. 4), Viktor Hovland (No. 5), defending champion Xander Schauffele (No. 6), Matt Fitzpatrick (No. 8) and Max Homa (No. 9).<\/p>\n

\nAlan Schnitzer, Chairman and Chief Executive Officer at Travelers, said, \u201cIt is a tremendous privilege to host the Travelers Championship every June, and we are particularly honored to be a PGA TOUR designated event this year. With the best player field in tournament history, the action on the course promises to be unforgettable. But it is the magic that happens off the course that truly drives us. Our investment in this tournament is returned many times over through the funds it raises for hundreds of worthy causes in the region and the boost it gives to the local and state economies. This is already one of the premier stops on the PGA TOUR, and we are determined to make it even better.\u201d<\/p>\n

\nThe Travelers Championship donates 100% of its net proceeds to local charities. Since Travelers became title sponsor in 2007, the tournament has generated tens of millions of dollars for nearly 900 nonprofits throughout New England, including more than $2.5 million for 140 charities in 2022. This year\u2019s primary beneficiary will once again be The Hole in the Wall Gang Camp. Other charities to receive tournament funds cover a wide range of causes, such as arts and culture, education, health care, housing, human services, mental health and crisis prevention, science and technology, and youth development.<\/p>\n

\nAndy Bessette, Executive Vice President and Chief Administrative Officer at Travelers, said, \u201cWe are extremely fortunate and grateful to have had such a strong network of support over the years, including the PGA TOUR, the players, the volunteers, our corporate sponsors and the State of Connecticut. They have helped make this an elite tournament. But there is one group that stands out: the fans. The passion and energy that they bring to the course create the electric atmosphere that has become a hallmark of the Travelers Championship. We are looking forward to a week of celebrating the best fans and players in golf.\u201d<\/p>\n

\nSpectators will be welcomed on-site starting Wednesday, June 21, with competition rounds beginning Thursday, June 22. There will also be special events held throughout the week:<\/p>\n