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October 20, 2006
(October 19, 2006 -- East Meadow, NY) Commerce Bank has extended its title sponsorship agreement of the Commerce Bank Championship
with the Champions Tour through 2009, it was announced today by Commerce Bank and the Champions Tour. Commerce Bank has been
the sponsor of the Long Island event since 2004.
The Commerce Bank Championship, the only Champions Tour event in the New York metropolitan area will return to the
Red Course at Eisenhower Pasrk in East Meadow, NY, June 25-July 1. Defending champion John Harris and 77 other players will
compete for $1.5 million in official prize money.
"Commerce Bank and the Commerce Bank Championship have enjoyed a great partnership over the past three years," said Vernon
Hill, chairman of Commerce Bank. "We are proud to extend this relationship with the tournament and the Champions Tour. Our
sponsorship of the tournament is an excellent way for Commerce to give back to the many great Long Island communities we serve."
"The Commerce Bank Championship has allowed Nassau County to showcase the Eisenhower Park Red Course," said Nassau County
Executive Tom Suozzi. "The fact that Nassau County can host an event of this statue on a public course speaks volumes for
the hard work put in by our employees and the incredible turnaround that we have witnessed in our Parks over the last
six years. This event has shown the world what Nassau County residents have known for years, that this is a course on par
with the best private clubs anywhere."
An annual attendance of 35,000 generates more thanm $5.5 million dollars in economic impact each time the tournament is
held. An economic analysis fo the championship's impact on Long Island found that 980 hotel room nights were booked at a factor
of more than $220 per room. Through measuring hotel rooms, meals, entertainment, gas and other event expenitures, the Long
Island Convention & Visitors Bureau and Sports Commission is able to identify the overall economic impact that is derived
annually from the Commerce Bank Championship.
"The positive national and international television exposure that an area receives from major sporting events is recognized
as a real boost to a region's tourism. Long Island is fortunate that the Commerce Bank Championship will be returning and
along with that the more than 15 hours of exposure on the Golf Channel that our region will receive." said Moke McGowan, president
of the Long Island Convention & Visitors Bureau and Sports Commission. The Golf Channel will televise all three rounds.
The tournament was played for the 20th time this past June and was a tremendous success due to the support and efforts
of a long list of well-respected corporate sponsors, local governments and loyal volunteers. As a result, the Commerce Bank
Championship will donate proceeds to the Boomer Eisiason Foundation, Schneider Children's Hospital and other local Long Island
charities.
"I am delighted to be involved with the Commerce Bank Championship," said Boomer Esiason, the tournament's honorary chairman.
"This is one of the premier sporting events on Long Island and one that has a long tradition of supporting charity. As a native
Long Islander, it is great to be part of something that not only celebrates the best of Long Island but gives back to the
community as well."
The Commerce Bank Championship roster of past champions includes World Golf Hall of Fame members Gary Player, Lee Trevino
and Raymond Floyd, plus a pair of two-time winners, Bruce Fleisher and Jim Thorpe among others. The event has enjoyed dramtic
finishers over the years including last June's event when John Harris outlasted Tom Jenkins in a playoff with Jay Haas, Andy
Bean and Gil Morgan missing the playoff by a shot.
Commerce Bank is a great business success story and the Champions Tour is very pleased to be associated with them," said
Rick George, president of the Champions Tour. "Vernon Hill's leadership and commitment of the Commerce Bank Championship have
led to key tournament enhancements. Among them are the moves to Eisenhower Park with the Red Course quickly becoming a favorite
among the players and Long Island native Boomer Esiason's involvement on behalf of his charitable foundation."
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