The event was founded in 2000 as an alternate event to the President's Cup. In 2001, it was supposed to be the alternate event to the WGC-American Express Championship, but was cancelled because of the terrorist attacks on September 11. It served as the alternate event in 2002.
Chrysler became the sponsor in 2003, and the event had its own slot as the last full-field event before the Tour Championship. Renamed the Chrysler Championship, the tournament held that spot until 2006.
In 2007, the tournament found a new slot in the schedule, and a new sponsor: PODS. Originally, PODS had a six year sponsorship agreement, but backed out on an option after 2008. Transitions Optical, another Florida corporation, became the sponsor in 2009.
More Info: - Portuguese Liga Sagres
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