The PGA Tour added the island of Bermuda to the 2019-20 schedule, with the Bermuda Championship making its debut from Oct. 31-Nov. 3, 2019.
On Tuesday, the tour announced a five-year agreement through 2023 with the Bermuda Tourism Authority as the title sponsor of the tour's first annual event on the Caribbean island.
The tournament held at the Port Royal Golf Course will feature an anticipated field of 120 players and a $3 million purse, with 300 FedExCup points awarded to the champion.
"We are excited to add the Bermuda Championship to the PGA Tour beginning next season," executive vice president Ty Votaw said in a statement. "Bermuda is an appealing year-round destination, and the players will love visiting in the fall, plus we will be hosted by an outstanding golf course. It promises to be a wonderful opportunity to showcase Bermuda -- a beautiful island destination that embodies genuine hospitality -- to the world."
The Bermuda Championship will be played the same week as the World Golf Championships-HSBC Champions in Shanghai, China.