Wednesday Jan. 28, 2009
(UNDATED)-- Ginn Resorts is ending all golf sponsorships immediately,
sending two tournaments into an uncertain future.
The real estate company says it no longer will host or produce its two remaining events -- the LPGA's Ginn Open and the Champions Tour Ginn Championship. It's also dropping its sponsorship of Cristie Kerr, the last player wearing the company's apparel.
Ginn Development's president and CEO Robert Gidel told The Associated Press on Wednesday that this "wasn't something that was done lightly."
(Copyright 2009 by The Associated Press. All Rights Reserved.)