It was played in Abilene, Texas at the Fairway Oaks Country Club.
[1] It replaced the Southwest Golf Classic on the PGA Tour, which had been played from 1981 to 1988 at the same course.
In the inaugural event, George Archer won in a playoff over Orville Moody and Jimmy Powell.
Archer had turned 50 just two weeks before and this was his debut Senior PGA Tour event.
[2] In the tournament's second and final year, Bruce Crampton won by four strokes over Lee Trevino.