Wells Fargo's $7 million secret?
For the second straight year, Wells Fargo & Co. is spending $7 million or so as the top backer of Charlotte’s PGA Tour event — and working hard to minimize that fact.
The bank appears well on its way to ensuring its anonymity next week at Quail Hollow Club as Tiger Woods, Phil Mickelson and the rest of the world’s top players battle for a $6.5 million purse before sellout crowds. Wells Fargo is writing the biggest check as the lead sponsor, but fans and TV viewers instead will hear announcers trumpet only the host club’s name at the Quail Hollow Championship.