"The position of the PGA Tour hasn't changed,'' Finchem said during a news conference prior to the Players Championship at the TPC Sawgrass that covered a variety of topics. "We have a policy that says when we go out and do a co-sanctioned event, we are going to play it at a club that is open to women members, open to minority members, etc. And we follow that policy carefully.
"In the case of the Masters, we have concluded a number of times ... we are not going to give up the Masters as a tournament on our tour. It's too important."
-PGA Tour Commissioner Tim Finchem 2012.