Although no decision has been formally announced, it is reported that the absence of a corporate sponsor was mostly responsible for the cancellation of the 21-year-old tournament.
The PGA Tour has worked with the event organiser for the two weeks in a final effort to find a sponsor, but agreed to end the search now. Tour officials have also been working on a contingency plan over the last month to replace the event and are expected to name a replacement by April.
The leading candidate is thought to be Washington, the largest US market without a PGA Tour event. Other markets reported to be under consideration are Minneapolis, Philadelphia and Kansas City.
