After 5 years as the tournament's name sponsor, Viking Range Corporation ended its relationship with the golf classic earlier this year.
Now tournament director Randy Watkins is concerned the state may lost the event. He says even though they have been working to get a primary sponsor, an agreement has not been reached.
"At the moment, no we do not and the corporate community has stepped up, we need some more help and we're looking for others who want to be a part of this great community event that's great for our state," said tournament director, Randy Watkins.
With an October 1, deadline looming, Watkins says officials believe they are close to getting a primary sponsor and a full compliment of financial support. However, he says they need more time.
"Working with the PGA Tour, we've ask for and received an extension through October 14th to try and put together the last few pieces of the puzzle. So I remain real hopeful and I'm getting a whole lot of encouragement, it looks like a lot of people are interested in the tournament. I'm glad of that and it sure is helping push this along," Watkins added.
Meanwhile, Madison Mayor Mary Hawkins-Butler says, the event benefits the entire state.
"When we talk about what it does for Mississippi has a whole, this is not just a Madison thing. We talk about what it does for the image of this state and you can't put a price on that," Hawkins-Butler said.
It would be like saying ball games in Starkville are only help Starkville and ball games in Oxford only help Oxford. It's really not the case. We are televised globally on the Golf Channel with some 90 million viewers getting a look at Mississippi," Watkins added.
A study by Mississippi State University shows the tournament has a $20 million impact on the tri-county area.
Tuesday, August 26 2014 9:27 AM EDT2014-08-26 13:27:00 GMT
A Jackson Prep football player hospitalized following Friday night's game has died. Walker Wilbanks was transported Friday to the hospital during the second half of the school's home football game againstMore >>
Pressler says Walker's death was an "unfortunate freak event" revolving around the balance of sodium and water in the body. He says it had no reflection of being over or underhydrated.
Thursday, August 28 2014 9:33 AM EDT2014-08-28 13:33:06 GMT
SPARTANBURG COUNT, SC (WYFF) - Fifteen children living in a double-wide trailer were put into protective custody and seven adults were arrested, according to the Spartanburg County Sheriff's Office. DeputiesMore >>
Fifteen children living in a double-wide trailer were put into protective custody and seven adults were arrested, according to the Spartanburg County Sheriff's Office.More >>
Sunday, August 31 2014 3:28 PM EDT2014-08-31 19:28:29 GMT
Disturbing pictures of an injured kindergartner from Pascagoula have made a mother's call for action go viral online.More >>
Disturbing pictures of an injured kindergartner from Pascagoula have made a mother's call for action go viral online. Friends and family of a Pascagoula kindergarten student have created a Facebook page and GoFundMe.com account claiming the girl was attacked on the playground this week by another student.More >>
Saturday, August 30 2014 9:55 PM EDT2014-08-31 01:55:31 GMT
A Cirrus SR22 recreational plane crashed into the Atlantic Ocean Saturday, about 50 miles from Wallops Island, Va. The Coast Guard reported one person was on board.A Coast Guard team from Elizabeth City,More >>
A Cirrus SR22 recreational plane crashed into the Atlantic Ocean Saturday, 51 miles southeast of Chincoteague Island, Va. The Coast Guard reported one person was on board.More >>
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