2026 Charles Schwab Challenge Primer: History, TV, Field, Odds

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Rickie Fowler Charles Schwab Challenge Primer Colonial CC
Rickie Fowler looks over the 12th hole during the third round of the Charles Schwab Challenge on May 24, 2025 at Colonial Country Club in Fort Worth, TX. (Photo by George Walker for Icon Sportswire via Getty Images)

Forth Worth, TX – The PGA Tour will resume play this week when Colonial Country Club plays host to some of the world’s best golfers for the 80th edition of the Colonial National Invitation, titled for sponsorship reasons as the Charles Schwab Challenge.

The field at the annual stop in Fort Worth, Texas is historically weak and will be headlined by Justin Thomas, Rickie Fowler, Hideki Matsuyama, and Ludvig Aberg.

Other marquee names include Keegan Bradley, Rob MacIntyre, and Max Homa, among others.

Known as a shotmaker’s golf course dating back to its opening in 1936, Colonial (the former home to Ben Hogan) more often than not, serves up a winner who is able to creatively craft shots as opposed to long bombers, hence the nickname “Hogan’s Alley.”

Here are some more details to get ready for this week’s PGA Tour stop in Texas.


PGA Tour At-a-Glance

Charles Schwab Challenge Primer Colonial CC 9th hole
A general view of signage on the 9th hole prior to the Charles Schwab Challenge at Colonial Country Club on May 22, 2024 in Fort Worth, Texas. (Photo by Tim Heitman via Getty Images)

Name: Charles Schwab Challenge
Title Sponsor: Charles Schwab Corp.
Tour Debut: 1946
Dates: May 28-31, 2026
Where: Fort Worth, Texas
Course: Colonial Country Club
Distance: Par 70, 7289 yards
Architect: John Bredemus/Perry Maxwell (1936)
Format: 72-holes, stroke play, 36-hole cut
Purse: $9,900,000
Winning Share: $1,782,000
FedExCup/OWGR Pts: 500/38
Defending Champion: Ben Griffin


How to Follow the Charles Schwab Challenge

Charles Schwab Challenge Primer Colonial CC Signage
A general view of signage on the course prior to the final round of the Charles Schwab Challenge 2025 at Colonial Country Club on May 25, 2025 in Fort Worth, Texas. (Photo by Sam Hodde via Getty Images)

TELEVISION: Thu-Fri: 4-7 p.m. (GOLF); Sat-Sun: 1-3 p.m. (GOLF), 3-6 p.m. (CBS)

STREAMING: Thu-Fri: 8:15 a.m.-7 p.m. (ESPN+); Sat-Sun: 8 a.m.-6 p.m. (ESPN+)
Watch on ESPN+

PGA TOUR RADIO: Thu-Fri: 1-7 p.m.; Sat-Sun: 1-6 p.m. (PGA TOUR RADIO)
(PGA TOUR Radio (CH. 92) on SiriusXM and PGATour.com Live Stream)

EVENT LINKS: Website | Instagram | Facebook | X/Twitter

PGA TOUR LINKS: Web | Instagram | X | Facebook | YouTube


The Charles Schwab Challenge History

Ben Hogan in 1965 at the age of 52. Credit: Getty Images/Bettman

Colonial Country Club is permanently tied to this event, but interestingly enough, the course got its professional start as the 1941 U.S. Open venue. The course showed its teeth right away, as the U.S. Open field was outright beat down. The winner of the tournament, Craig Wood, finished at +4. The tournament was so difficult that those at +15 finished in a tie for 10th.

At just over 7,200 yards, Colonial was considered lengthy at the time. Today, it plays as one of the shorter tracks on tour.

In the 1946 inaugural event, known initially by the name of the Colonial National Invitation, Ben Hogan stepped right up and claimed the first title, and then repeated again the next year. He scored five victories overall in this event, including the only back-to-back victories (1952-53). As a result of that success, Colonial is often referred to as “Hogan’s Alley.”

In addition to Hogan, tournament winners have included legends such as Sam Snead, Arnold Palmer, Billy Casper, Lee Trevino, Ben Crenshaw, Jack Nicklaus, Tom Watson, Phil Mickelson, and Jordan Spieth.

Nobody has won more than twice, with the exception of Hogan’s five. Ten players own a pair of titles, with Zach Johnson (2010, 2012) accomplishing it most recently.

The 18th green during the final round of the DEAN & DELUCA Invitational at Colonial Country Club on May 29, 2016 in Fort Worth, Texas. Photo by Sarah Crabill/Getty Images

As an “invitational,” the Fort Worth event has a more exclusive field than most tournaments (132 golfers this year) and is given more freedom with its invites. The tournament famously once enjoyed a “Champion’s Choice” invitation, where the previous year’s champion gets to grant two spots to players of their choice who otherwise did not qualify.

A Champion’s Choice won on just a single occasion, when Dave Stockton took the 1967 title, finishing as the only man in the field under par (-2).

The Charles Schwab Corporation, whose corporate headquarters relocated to a Fort Worth suburb in 2021, became the title sponsor of the event in 2019. Previous sponsors were Dean & Deluca (2016–2017), Crowne Plaza (2007–2015), Bank of America (2003–2006), MasterCard (1996–2002), and Southwestern Bell (1989–1994). There was no title sponsor in 1995 or 2018.

History: Title Sponsors
  • Charles Schwab Challenge (2019-Pres)
  • Fort Worth Invitational (2018)
  • Dean & DeLuca Invitational (2016-17)
  • Crowne Plaza Invitational at Colonial (2007-15)
  • Bank of America Colonial (2003-06)
  • MasterCard Colonial (1996-02)
  • Colonial National Invitation (1995)
  • Southwestern Bell Colonial (1989-94)
  • Colonial National Invitation (1946-88)
History: Recent Winners

2025: Ben Griffin(-12)
2024
: Davis Riley (-14)
2023: Emiliano Grillo (-8)
2022: Sam Burns (-9)
2021: Jason Kokrak (-14)
2020: Daniel Berger (-15)
2019: Kevin Na (-13)
2018: Justin Rose (-20)
2017: Kevin Kisner (-10)
2016: Jordan Spieth (-17)
2015: Chris Kirk (-12)
2014: Adam Scott (-9)
2013: Boo Weekley (-14)
2012: Zach Johnson (-12)
2011: David Toms (-15)


Kevin Na Wins 2019 Charles Schwab Challenge at Colonial CC
Kevin Na reacts as he makes the winning putt on the 18th green during the final round of the Charles Schwab Challenge at Colonial CC on May 26, 2019 in Fort Worth, Texas. (Photo by Ben Jared/PGA TOUR via Getty Images)

History: Records

Scoring:
259 (-21) – Zach Johnson (2010)

History: Wins

5 – Ben Hogan (1946-47, 1952-53, 1959)
2 – Zach Johnson (2010, 2012)
2 – Phil Mickelson (2000, 2008)
2 – Nick Price (1994, 2002)
2 – Corey Pavin (1985, 1996)
2 – Bruce Lietzke (1980, 1992)
2 – Ben Crenshaw (1977, 1990)
2 – Lee Trevino (1976, 1978)
2 – Billy Casper (1964, 1968)
2 – Julius Boros (1960, 1963)

History: Colonial Country Club

Colonial Country Club was started 85 years ago in 1936 by Marvin Leonard, who had a keen interest in bringing bentgrass greens to his hometown of Fort Worth. When his initial plans to install bentgrass greens at an already existing Fort Worth golf club failed, Leonard came up with his vision for Colonial Golf Club. His vision became a reality in January 1936 when the club opened with approximately 100 members.

Ben Hogan
Ben Hogan hits his ball out of the sand during the Colonial National Invitation on May 15, 1970 at the Colonial CC in Fort Worth, Texas. (Photo by Martin Mills/Getty Images)

The golf course at Colonial Country Club was designed by John Bredemus of Texas and Perry Maxwell of Oklahoma. The par-70 course, currently at 7,289 yards, is bordered on the northern edge by the Trinity River (Clear Fork) with the rest of the course surrounded by the neighboring residential area.

The course length in 1941 was 7,035 yards, considerably long for the era.

In the late 1930s, Leonard began talks with the United States Golf Association (USGA) to conduct the U.S. Open at Colonial. After guaranteeing the USGA $25,000, Colonial was granted the rights to the 1941 edition, won by Craig Wood, the winner of that year’s Masters.

In 1942, Leonard decided to sell the club to the members of Colonial. His first attempt to sell to the members was rejected, but he eventually sold the club to the members on December 31, 1942, when it took its current name, Colonial Country Club.

In addition to the annual PGA Tour event, the course has hosted three major or significant professional golf events: the 1941 U.S. Open, the 1975 Tournament Players Championship (won by Al Geiberger), and the 1991 U.S. Women’s Open (won by Meg Mallon).


The Charles Schwab Challenge Field

Ludvig Aberg looks on while playing the 10th hole during the final round of THE PLAYERS Championship at Stadium Course at TPC Sawgrass on March 15, 2026 in Ponte Vedra Beach, Florida. (Photo by Ben Jared for PGA TOUR via Getty Images)
Ludvig Aberg looks on while playing the 10th hole during the final round of THE PLAYERS Championship at Stadium Course at TPC Sawgrass on March 15, 2026 in Ponte Vedra Beach, Florida. (Photo by Ben Jared for PGA TOUR via Getty Images)

Slotted as the second of a two-stop Texas swing, between two majors, and ahead of the Memorial (the “6th major”), the field at Colonial is extremely weak, and should be exhibit A why the PGA Tour has too many events.

The field includes just one player ranked in the OWGR’s top-11: J.J. Spaun (No. 9).

Texas’ two top superstars (Scottie Scheffler and Jordan Spieth) will skip.

Field headliners include Ludvig Aberg, who’s in tip-top form and the clear betting favorite at 9-1.

Justin Thomas and Russell Henley, both listed at 18-1, round out the top-3 favs at Colonial.

Meanwhile, Robert MacIntyre (22-1), Rickie Fowler (25-1) and Ben Griffin (25-1), the defending champion, round out the top-5 of the bookmakers.

Other marquee names teeing it up include Keegan Bradley, Gary Woodland, Keith Mitchell, Brian Harman, Tony Finau, and Max Homa.

Former Colonial champions in the field include Griffin, Davis Riley (2024), Emiliano Grillo (2023), Kevin Kisner (2017), and Chris Kirk (2015).

The Colonial is in such a terrible slot on the schedule (between two majors and before a Signature) that four past winners of this title (e.g. horses for course) are skipping: Sam Burns (2022), Daniel Berger (2020), Justin Rose (2018), and Adam Scott (2014).

Justin Thomas plays a tee shot on the seventh hole during the final round of Truist Championship at The Philadelphia Cricket Club (Wissahickon Course) on May 11, 2025 in Flourtown, Philadelphia. (Photo by Ben Jared for PGA TOUR via Getty Images)
Betting The Colonial

The betting favorite, Aberg, enters on a heater with three straight top-10s against elite fields (PGA, Quail, Heritage), including two top-4s.

Griffin, the feel-good winner in 2025, also appears to be coming out of his sophomore slump, with a T14 at the PGA and a solo third at Doral — his two best results of 2026.

Thomas comes in off three consecutive top-25s, highlighted by a T4 at the PGA Championship, while Henley will be seeking to flip the script after back-to-back poor outings (MC, T49).

Fowler, meanwhile, struggled (T60) at Aronimink but before that had reeled off a hat trick of top-10s, including a T2 at Quail Hollow.

Matsuyama will also be looking to get on track ahead of the U.S. Open. The 2021 Masters champion is looking for his first top-10 since Pebble Beach.

Spaun has been hit or miss in 10 most recent starts, with five missed-cuts and five top-25s, headlined by a win in San Antonio. Tip: If he makes the cut bet a top-25 for the reigning U.S. Open champ.

Top-5 Betting Favorites

1. Ludvig Aberg (9-1)
2. Justin Thomas (18-1)
2. Russell Henley (18-1)
4. Robert MacIntyre (22-1)
5. Ben Griffin (25-1)
5. Rickie Fowler (25-1)


The Course: Colonial CC

13th hole Colonial Country Club
Scenic view of the 13th hole during the third round of the Charles Schwab Challenge at Colonial CC on May 25, 2019 in Fort Worth, TX. (Photo by Ben Jared / PGA TOUR via Getty Images)

The golf course at Colonial Country Club was designed by John Bredemus of Texas and Perry Maxwell of Oklahoma. The par-70 course stretches to 7,209 yards and is bordered on the northern edge by the Trinity River (Clear Fork) with the rest of the course surrounded by the neighboring residential area.

The course length in 1941 was 7,035 yards, considerably long for the era. Today, at just 7289, it’s one of the shortest on tour.

Because of its association with the great Ben Hogan, it is generally considered one of America’s most iconic golf courses.

The signature holes are Nos. 3, 4 and 5, nicknamed the “Horrible Horseshoe” – a brutally tough three-hole stretch comprised of a 248-yard par-3 sandwiched between two lengthy par-4s, measuring around 475 each.

The fifth hole of the course (which has the Trinity River running alongside the right for nearly the entire length) is often mentioned as one of the best holes in America. It also ends the “Horrible Horseshoe.”

Featured Hole

No.5, Colonial Country Club
Par 4, 476 yards

5th hole at Colonial CC in Fort Worth, TX
Overhead view of the 5th hole at Colonial CC in Fort Worth, TX. (Photo by Colonial CC via PGA TOUR Media)

The most difficult and most iconic hole at Colonial Country Club. The tee shot is to a thin fairway, with a ditch to the left and a river on the right. Even a good tee shot leaves a long, narrow approach to a small green guarded by two big bunkers in the front.


Up Next: The Memorial

Scottie Scheffler Wins 2024 Memorial
Scottie Scheffler is presented with the trophy by Jack “the Golden Bear” Nickalus during the awards ceremony after winning the Memorial Tournament presented by Workday at Muirfield Village GC on June 9, 2024 in Dublin, Ohio. (Photo by Amy Lemus for NurPhoto via Getty Images)

The Memorial gets underway next week at Muirfield Village Golf Club in Dublin, Ohio with world No.1 Scottie Scheffler defending back-to-back wins at Jack’s Place.


Credits: Joel Cook, PGA Tour Media, Getty Images


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