The Franklin Templeton Shark Shootout is one of the most entertaining events on the PGA tour. Greg Norman, who was at one point the number one ranked golfer in the world, hosts the event at the Tiburon Golf Club in Naples, Florida. The shootout begins after the last official money event of the season. The event is a team stroke play tournament. Twelve teams of two participate in the 3 day, 54 hole event. The first round, played on Friday, is modified alternate shot. The Saturday Round is played as a better ball round. Finally, the Sunday round is played as a scramble. The unique format makes the Franklin Templeton Shark Shootout one of the most enjoyable weekends on the PGA tour.

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The Tiburon Golf Club also makes for a unique challenge. It has two different courses, the Gold course and the Black course, both of which have a par of 72. All 36 holes were designed by Greg Norman. The Gold Course has a length of 7288 yards. The unique stacked sand bunkers lead to difficult sand saves on the Gold, as well as the Black course, which is slightly shorter, at 7,005 yards. The coquina sand is another interesting aspect of the course.

The first round is a modified alternate shot competition, which is sometimes called a greensome. Both players will tee off, then select the best drive, from where they will alternate shots, with the player whose drive was not selected hitting the second shot. The second round is played as a better ball, or best ball, round. Both players will play the entire hole, but only the better of the two scores will be kept. The final round is played as a scramble. In a scramble, both players will tee off, the better drive will be selected, both players will hit from the location of the better drive, and both players will continue to play from the location of the better shot hit by either player.

The unique format leads to the shootout being one of the most entertaining and laid back events on the tour. Though the winning team did receive $750,000, and the event usually includes the top money winners from the tour, the team format and preceding two day Pro-Am event lead to the shootout being more about celebration of a great year in golf and entertainment than about fierce competition. Though Greg Norman hosts the event and has played in every year since its inception in 1989, he has only been able to capture one title, playing with Steve Elkington in 1998. The prestigious event is also a fundraiser for the CureSearch National Childhood Cancer Foundation. It features the finest golfers on the planet, and always features some incredible shots on a beautiful, difficult terrain.