Announced in early
1989 by PGA Tour commissioner
Deane Beman, the "satellite tour" was formalized by the
PGA Tour in 1990, originally named the
Ben Hogan Tour, sponsored by the
Ben Hogan Golf Company. Hogan's company intended to spend $15 million for the tour's first three seasons. "It's very important for me to re-pay my dues," said the aging Hogan. The first season of 1990 had 30 events, and the typical event purse was
$100,000. The fields were intended to consist of 132 golfers.
Nike acquired the title sponsorship and it became the
Nike Tour for seven seasons (1993–1999).
Buy.com was the next title sponsor with the tour being titled the
Buy.com Tour for three seasons (2000–2002).
Nationwide Insurance became the tour's next title sponsors for the start of the
2003 season, with the tour being renamed the
Nationwide Tour. After seasons as the Nationwide Tour,
Web.com was announced as the new title sponsor in late June
2012. The 10-year sponsorship deal was effective immediately, and the tour's name was changed to the
Web.com Tour mid-season. In June 2019, the PGA Tour announced a 10-year deal with Los Angeles–based consulting firm
Korn Ferry to replace Web.com as the tour's sponsor. The vast majority of tournaments have always been hosted within the mainland United States. In 1993 the tour reached beyond those boundaries for the first time, with the
Monterrey Open in Mexico. It was an annual fixture on the tour schedule until 2001. The following season, the tour added
PGA Tour of Australasia co-sanctioned events in Australia and New Zealand, and the
Canadian PGA Championship in Canada. A tournament in Panama was added in 2004, and the tour returned to Mexico in 2008. The tour has also visited Colombia (since
2010), Chile (2012–2015), Brazil (2013–2016), the Dominican Republic (2016–2017) and the Bahamas (since 2017). ==Rules and results==