APTA develops a Tournament Sponsorship policy
The APTA adopted a policy of receptiveness to proposals for commercial sponsorship of tournaments other than National Championships.
A committee studied the issue and developed a detailed policy statement that was approved by the Board. The policy broadly provided for an APTA review of a proposed sponsor’s tournament format and, if approved, APTA assistance in locating a site, scheduling, tournament organization, and officiating.
The APTA would receive a fee from the sponsor, a portion of which would be passed on to the host organization, to assure that it remained in the black.
Source: Off The Wire, Mid-Summer 1974