The Players Championship is a prestigious annual golf tournament for professional
male golfers which takes place every May (recently moved from March) on the PGA Tour.
The Players Championship offers the highest prize fund of any tournament in golf, and
is sometimes referred to by the media as the "Fifth Major", but it does not have official major
status. The field usually includes virtually all of the top few dozen ranked golfers in the world, but
unlike the three majors which are staged in the United States, it does not count as an official
event on the European Tour, which has the Deutsche Bank Players Championship of Europe.
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The Players Championship was first held in 1974 at Atlanta Country Club in Marietta, Georgia before moving to Colonial Country Club in Fort Worth, Texas in 1975 and Inverrary Country Club in Ft. Lauderdale, Florida in 1976. Beginning in 1977, the event relocated to Ponte Vedra Beach, Florida, first being played at Sawgrass Country Club's Oceanside Course. Since 1982 it has been played across the road from Sawgrass Country Club, on the Stadium Course at the "Tournament Players Club at Sawgrass".
The winner of The Players Championship receives a fixed allocation of 40 points towards his Official World Golf Ranking, which is the most allocated to any event apart from the majors, in which winners earn 50 points. For comparison, the winners of the three individual World Golf Championships generally receive between 35 and 39 points. Winners of The Players Championship also receives a 5 year exemption on the PGA Tour, 3 year invitation to The Masters, 3 year exemption to The Open Championship, and a PGA Championship and U.S. Open invitation for that year.
The Players Championship is best known for featuring what may be the single most famous hole in professional golf, the Stadium Course's Par 3, 137-yard #17, instantly recognizable to golf fans worldwide as "the Island Green" and what has become TPC Sawgrass' signature hole.