The PGA Championship is an annual golf tournament conducted by the Professional Golfers Association of America as part of the PGA Tour, established in 1916. It is one of the four major championships in men's golf, and it is the golf season's final major, played in August. The PGA Championship is nicknamed "Glory's last shot", because of its distinction as the season's final major, and it is an official money event on the PGA Tour, the European Tour, and the Japan Golf Tour, with a purse in 2007 of $7 million.
Winning the PGA gives a golfer several privileges, in line with the other majors, which make his career much more secure, if he is not already one of the elite of the sport. The champions are automatically invited to play in the other three majors (the Masters, U.S. Open, and the Open Championship) for the next five years, and are exempt from qualifying for the PGA Championship for life.