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Compaq Classic the latest $4m event

Tournament organizers announced that the purse for the 2001 Compaq Classic of New Orleans will increase $600,000 from last year to $4 million. The PGA Tour event, which will be held May 3-6, will feature a first prize of $720,000.

"Our objective is to continue to build the Compaq Classic of New Orleans into one of the premier stops on the PGA Tour," said Classic Foundation President and CEO Rick George. "This purse increase demonstrates Compaq Computer Corporation's ongoing commitment to this event and our collective desire to attract the best field of players to New Orleans."

Mark Calcavecchia, who moved up two spots to third place on the PGA Tour money list courtesy of his tie for second at the Honda Classic last week, joined Jeff Sluman, Chris DiMarco, Kirk Triplett and Craig Stadler on the list of golfers committed to play in this year's Compaq Classic.

Calcavecchia set the All-Time PGA Tour 72-hole scoring record with a 256 in winning the Phoenix Open in January.

Paraguay's Carlos Franco, the two-time defending Compaq Classic champion, will also be on hand at English Turn Golf and Country Club, which will host the event for the 13th consecutive year.

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