Pebble Beach - The Pebble Beach National Pro-Am will remain on the US PGA Tour until at least 2024 under a 10-year sponsorship extension with AT&T announced on Monday.
The deal, in place since 1986, is the second-oldest current corporate presenter deal on the US tour.
It was set to expire after next year's edition of the event, set for February 6-9 on the Monterey Peninsula of California.
The unique $6.6 million tournament, once known as the Bing Crosby Clambake when the late actor served as host, features multiple courses and amateur players, often including famous movie actors and sporting celebrities, playing in groups alongside touring professionals.
Bill Murray, whose roles include a famous turn in the golf movie "Caddyshack", won the Pro-Am crown in 2011.
"Beyond its popularity among players, celebrities and fans, the tournament has a history of making a meaningful difference in the community by contributing more than $110 million to deserving programs," US PGA Tour commissioner Tim Finchem said.