Haas overtakes Langer for Charles Schwab Cup lead

text size

After back-to-back wins -- at the Senior PGA Championship and The Principal Charity Classic -- Jay Haas, the 2006 Charles Schwab Cup champion, has taken the lead in the year-long points chase. Haas becomes the fourth different leader this year, following Fred Funk, Scott Hoch and Bernhard Langer, who held the top spot for the last seven weeks. Haas has a 258-point advantage over Langer, with Hoch in third. Denis Watson and Tom Watson are in fourth and fifth, respectively.

The Charles Schwab Cup, designed to recognize the Champions Tour's leading player, is a season-long bonus-points competition. Players receive points for top-10 finishes at all 29 official events based on each week's money distribution, with $1,000 earned the equivalent of one Charles Schwab Cup point (points are doubled at the five major championships and the season-ending Charles Schwab Cup Championship). The program offers $2.1 million in tax-deferred annuity payouts to the five leading finishers, with the winner receiving a $1-million annuity.