When Augusta National Golf Club opens again on October 16, it will do so under new leadership. Billy Payne, chairman of the club and the Masters Tournament since May 2006, has announced he will retire from the role.
Just days after Augusta National Inc. – the company that owns Augusta National Golf Club and the Masters tournament – filed a federal lawsuit to stop the auctioning of three green jackets, a judge ruled in its favour. At least, for now.