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Courtesy of Naples Daily News
Naples, Fla. (April 9, 2008) - Greg Norman and Merrill Lynch announced Wednesday the purse for the 20th Franklin Templeton Shootout will be $2.9 million -- the largest prize in the annual event's history.
 | | Norman: "Thanks to the unselfish effort and partnership of Merrill Lynch and our corporate partners we have been fortunate to raise the purse significantly each of the last 11 years." |
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"Thanks to the ongoing commitment by Merrill Lynch and our supporting corporate partners, we have been fortunate to raise the purse significantly each of the last 11 years, which has in turn attracted a world-class field," Norman said in a press release. "Also, I cannot say enough about the tremendous support of the Naples community. With this combination in place, we will once again have a great event this year that achieves our goal of raising money and awareness for children's charities."
The Shootout's record purse will attract 24 world-class professional golfers, who will compete Dec. 10-14 at the Norman-designed Tiburon Golf Club on the grounds of The Ritz-Carlton Golf Resort.
The top three available players from the 2008 PGA Tour Money List and the top 10 committing players from the PGA Tour Career Money List will join defending champions Woody Austin and Mark Calcavecchia for the 12-team competition.
Teams will compete in a modified alternate shot format during the first round, a better ball on Saturday and a final-round scramble. The winning team will share a tournament record of $730,000.
Celebrating the tournament's 20th anniversary, The Franklin Templeton Shootout was created by Norman to raise awareness and charitable offerings for the CureSearch National Childhood Cancer Foundation, which works in conjunction with the CureSearch Children's Oncology Group to identify causes and develop treatments for pediatric cancer.
Adding to the event's appeal, The Franklin Templeton Shootout moved to a December slot on the PGA Tour calendar for the first time last year. Both The Golf Channel and NBC will broadcast coverage of the Shootout, guaranteeing a minimum of five hours of network television coverage. The Golf Channel will televise Friday's competition and NBC will broadcast the weekend competition.
For all the latest Franklin Templeton Shootout news and information, visit the official tournament Web site at http://www.thesharkshootout.com. Tickets go on sale September 29th. For information to be mailed directly when tickets become available, call The Franklin Templeton Shootout office at (888) 66-SHARK.
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2008 Franklin Templeton Shootout
Tiburón Golf Club
The Ritz-Carlton Golf Resort, Naples
December 10 - 14, 2008
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| PURSE: $2.9 MILLION |
| Place | Team Total | Each |
| 1st Place | $730,000 | $365,000 each |
| 2nd Place | $460,000 | $230,000 each |
| 3rd Place | $265,000 | $132,500 each |
| 4th Place | $210,000 | $105,000 each |
| 5th Place | $180,000 | $90,000 each |
| 6th Place | $170,000 | $85,000 each |
| 7th Place | $160,000 | $80,000 each |
| 8th Place | $155,000 | $77,500 each |
| 9th Place | $150,000 | $75,000 each |
| 10th Place | $145,000 | $72,500 each |
| 11th Place | $140,000 | $70,000 each |
| 12th Place | $135,000 | $67,500 each |
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