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PGA Tour acquires Canadian Tour

Updated: October 18, 2012, 4:55 PM ET
Associated Press

PONTE VEDRA BEACH, Fla. -- The PGA Tour has acquired the Canadian Tour, giving it smaller circuits north of the border and in South America as a potential starting point to reach the big leagues.

Web.com Tour cards will be awarded to the top five players on what now will be called "PGA Tour Canada," with the next five players given exemptions into the final stage of qualifying school for the Web.com Tour. The Canadian circuit will have at least eight tournaments next year, each with prize ...

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