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The FBR Open is a nationally televised golf tournament established in 1932, but was discontinued after the 1935 tournament, and the rebirth of the Phoenix Open came in 1939 when the vision of a dedicated golfer, Bob Goldwater, Sr. convinced fellow Thunderbirds into running the event. The event is part of the PGA Tour and is held at the Tournament Players Club of Scottsdale, Arizona around the last weekend in January.
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The tournament was originally the Arizona Open, but was known for most of its history as the Phoenix Open until the investment bank, Friedman Billings Ramsey, became the title sponsor in October 2003. In 1987, the tournament was moved to its current home, the TPC of Scottsdale's Stadium Course. The event was played at Phoenix Country Club in Phoenix, Arizona, both in its earlier incarnations and after Goldwater resuscitated it. The most popular hole for spectators to watch is the 16th hole due to the "Amphitheatre" atmosphere of the hole, created by the stands erected every year before the tournament, and the hole could be described as "one big party", with many students from the nearby Arizona State University. The most popular golfer at FBR is unquestionably Phil Mickelson, an Arizona State alum, and in addition to the golf, there is a concert/party held in the Scottsdale area called the Birds Nest, in which music artists like Huey Lewis and the News play.