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Waste Management extends Phoenix Open sponsorship to 2030

Hideki Matsuyama, of Japan, walks up to the fourth green with his caddie during the final round of the Waste Management Phoenix Open golf tournament, Sunday, Feb. 5, 2017, in Scottsdale, Ariz. (AP Photo/Matt York)

SCOTTSDALE, Ariz. (AP) — Waste Management has extended its title sponsorship of the Phoenix Open through 2030.

The new agreement was announced by PGA Tour Commissioner Jay Monahan and Waste Management president and CEO Jim Fish on Tuesday at TPC Scottsdale.

The deal replaces a 10-year agreement that started with the 2016 tournament.

Waste Management, the title sponsor for the past decade, has diverted 100 percent of tournament waste to recycling, composting and reusable energy since 2013.

The Phoenix Open is the highest-attended tournament on the PGA Tour, drawing more than 500,000 fans each year.