The extension was unveiled Monday during a media event ahead of the 24th edition of the Valspar Championship, which returns to the Copperhead Course at Innisbrook Resort on March 17 to 23.

Valspar was first a title sponsor of the PGA Tour event at Innisbrook Resort's Copperhead Course in 2014, and that will partnership will continue through the end of the decade. Valspar, a paint and coatings manufacturer,

Valspar took over as title sponsor in 2014 and has become one of the Tour’s most engaged partners as “the most colorful PGA Tour tournament in the world” and its caddie hat program which rewards caddies who wear Valspar-branded hats during tournaments throughout the year.

It happened in San Diego. Charlotte, too. Las Vegas, Palm Beach Gardens and potentially Toronto. With the PGA Tour and LIV continuing their years-long skirmish over players and purses, the economic uncertainties may be contributing to longtime partners opting out of sponsorship deals at local tournaments around North America.