Yep. Thanks for the clarification.
So the PGA picks the courses and writes the checks? And what's Ernie's beef with them? My guess, just off the top of my head, is that they made demands on him that he didn't like. From what I heard, Ernie's style was to give orders and have things done his way (not that his players had a problem with it). But if that's true, then I could see why he might have a problem with the PGA telling him what to do.
My ‘copy/paste’ function is porked. @Herkimer you’re confusing the PGA with the PGA TOUR. Different entities.
The President's Cup is owned by the PGA TOUR. On a side note, the PGA TOUR does not “own” or run any of golf's four majors. The Masters is run by Augusta National, the US Open by the United States GolfAssociation, the Open Championship by the Royal and Ancient, and the PGA Championship by the PGA of America.