No Truth To Rumor That Bob Hope Classic Talking To George Lopez About Sponsorship Bailout

After all, he's in better financial shape than Chrysler.

Looks like they aren't touching the C-word after yesterday's news. For immediate release:

Bob Hope Classic on Solid Ground

(Ponte Vedra Beach, FL/La Quinta, CA) — The PGA TOUR and Desert Classic Charities, Inc. reaffirmed in a joint statement Friday that the Bob Hope Classic would be played in 2010 and beyond.

“The foundation that has been built over the last 50 years provides solid financial footing for the Desert Classic Charities group to continue the strong traditions of the Bob Hope Classic,” said PGA TOUR Commissioner Tim Finchem. “The TOUR and Desert Classic Charities are proud of the more than $50 million that has been raised for Coachella Valley charities, of which the Eisenhower Medical Center has been the largest recipient.”

“We continue to appreciate the long-standing support provided by 2000 volunteers, the local corporate sponsors and our 384 pro-am contestants from across the country,” said John Foster, president of Desert Classic Charities. “We look forward to welcoming the best of the PGA TOUR back to the city of La Quinta next year as we continue our mission of serving human needs in the Valley.”