To maintain interest, the week-long tournament will offer several promotions and special days.
Several tournaments will be offering this format during the 2011-2012 competitive season.
"Some tournaments offer more than $600,000 in prize money; we just do things differently."
The tournament has offered prize money since 1970, when the total prizes amounted to $20,000.
The 72-hole tournament will offer $100,000 to each member of the winning team.
The situation came to a head in 1970, when most tournaments offered four times as much prize money to men than they did to women.
The network is not paying the players, but some tournaments offer cash prizes.
In 2005, the tournament offered a $100K prize which was all awarded to the winner.
This tournament offered a rather improbable result; four of the eight teams finished tied for first.
Some tournaments offer an opportunity to rebuy, usually within a set time limit if you lose all of your chips.