PANAMA CITY BEACH — The Grand Lagoon National Fishing Tournament is another casualty of the sour economy, organizers said this week.
"Obviously, I feel bad about it," tournament chairman Bill Spann said Friday. "But there's nothing we can do. Tournaments like this depend on boat companies and banks, and they're not having the best year ever."
Last year's inaugural event was postponed twice because of Tropical Storm Fay and Hurricane Ike, and ultimately canceled. The 2009 event set for August is a victim of the financial storm, Spann wrote in an e-mail to the Grand Lagoon National Organizing Committee.
Spann said the tournament could return in 2010.
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