California-based cloud-connected security and storage solutions company Barracuda Networks has agreed a four-year deal to become the title sponsor of the Reno-Tahoe Open PGA Tour golf event.
The newly named Barracuda Championship takes place at Montrêux Golf & Country Club in Reno, Nevada from July 31 to August 3.
Barracuda is the first title sponsor of the event since it was played as the Legends Reno-Tahoe Open in 2008 and 2009.
Tournament director Chris Hoff told the Associated Press news agency that PGA Tour policy prevented him from disclosing the exact financial terms of the agreement, although he revealed Barracuda’s payment was in the region of $1m (€730,000) per year.
The Reno-Tahoe event remains the only PGA Tour tournament to use the Modified Stableford scoring system that awards positive points to golfers scoring under-par on every hole. This scoring method will be tied in with the championship’s charitable efforts through the Barracuda Bonus, where the player accumulating the most points on the 18th hole throughout the week will receive a bonus to donate to the charity of his choice. An additional charity bonus will be awarded to any player making a double-eagle two on the hole.
Last year’s champion, Gary Woodland (pictured), tallied 44 points over four rounds to win by nine over Jonathan Byrd and Andres Romero.