For one week each March, Tampa Bay turns into a different kind of business.
It becomes a global sports broadcast, a temporary hospitality district and a logistics operation that runs like a major civic event.
The result is not symbolic. It is economic activity that shows up in room nights, local spending and contracts.
According to the most recent independent economic impact study, the Valspar Championship generates $75M in annual economic impact across the Tampa Bay Area, up from $52M in a 2015 University of South Florida study.
“This isn’t a one-time bump,” said Tracy West, tournament director of the Valspar Championship and the first female tournament director on the PGA TOUR®. “It’s recurring, measurable economic activity that happens every year.”
How the impact is measured
The tournament’s economic impact is measured through a third-party analysis conducted by Destination Analysts in partnership with Visit St. Pete Clearwater.
The study tracks hotel room nights, fan surveys, spending behavior and tournament expenditures that stay in the region.
Roughly 32,000 hotel room nights are generated in Pinellas County, with another 18,000 in Hillsborough County. Attendance now reaches 140,000 spectators over tournament week.
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West said the study is intentionally conservative.
“Anything that leaves the region is not counted,” West said. “The purse isn’t counted. National vendors aren’t counted. We’re conservative about what qualifies as real local impact.”
Built every year, then dismantled
Unlike stadium-based franchises, the Valspar Championship does not inherit permanent infrastructure.
“There is no stadium waiting for us,” West said. “We build it, operate it and tear it down every single year.”
West is a co-founder of Pro Links Sports, the event management firm hired by Copperhead Charities to operate the tournament. She has worked in professional golf since 1992 and has led the Valspar Championship since 2014.
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The tournament operates on an annual budget of $16M, not including its portion of the PGA TOUR purse expense.
West oversees a year-round staff of 12 full-time employees, supported by two part-time team members, seasonal interns and more than 2,500 volunteers.
The volunteer effort is guided by over 40 committee chairs who work throughout the year.
“It’s one of the most logistically complex non-team sporting events in the area,” West said. “Pro golf is not simple.”
The business model and the pressure point
The Valspar Championship marks 50 years of professional golf in the region.
It is also celebrating its 25th PGA TOUR event, a number shaped by cancellations after 9/11 and during the Covid-19 pandemic.
West said tradition is not what keeps the tournament running.
“The hardest part of this job is raising the revenue every year,” West said. “Operations we know. We can’t control the weather. Revenue is the constant pressure point.”
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Each PGA TOUR event operates as its own business. The Valspar Championship relies on a revenue mix that includes a title sponsor, nearly 400 corporate partners, hospitality sales, pro-am participation, ticket revenue, merchandise and concessions.
“We’re responsible for the full financial picture,” West said.
Local giving that stays local
Beyond economics, the Valspar Championship also functions as a philanthropic engine for Tampa Bay.
In 2025, the tournament distributed more than $1.6M to charity, supporting between 80 and 100 organizations.
About $910,000 went to nonprofits in Hillsborough County. Another $695,000 supported organizations in Pinellas County. Only three donations left the region.
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“Keeping the impact local matters,” West said. “That’s intentional.”
Core beneficiaries include Habitat for Humanity Tampa Bay Gulfside, Tampa General Hospital, local First Tee chapters and military-focused organizations tied to the region.
Broadcast value and tourism visibility
The tournament’s impact also includes national visibility that helps sell Tampa Bay.
In 2025, the event delivered 54 hours of broadcast coverage across NBC and Golf Channel, reaching 234 countries and territories.
“We’re very intentional about how Tampa Bay is presented,” West said. “Between commercial breaks, you’re seeing the beaches, the city, the region.”
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Tampa Bay is one of only 46 U.S. cities that hosts an annual PGA TOUR event.
“That kind of visibility has long-term tourism value,” West said.
Why it matters
The Valspar Championship does not reshape Tampa Bay overnight.
It delivers something more durable: predictable economic activity, repeat tourism demand and sustained local giving, without permanent public infrastructure or public subsidy.
“If this event disappeared,” West said, “people would feel it immediately.”
That is the difference between a marquee event and civic infrastructure
For more information on the Valspar Championship, click here.