The PGA Tour has dropped the Children's Miracle Network Hospitals Classic hosted annually at Disney World from its 2013 schedule.

The event also lost its title sponsor and its future is unclear.

“It was a mutual decision between us and the Tour,” said Tony Morreale, the sports public relations manager at Disney World. “Really over the years, our sports business and our golf business has changed a lot so that’s kind of where it came from.”

Sponsorship deal didn’t play a factor in the decision according to Morreale, who also said that this past tournament was the last. 

“We’ve come to an agreement with the tour that this past year was the final year with the tour,” Morreale said. “We enjoyed our great 40 year-plus relationship with them. There have been some great moments through the years. Obviously, we wish them all the best.”

The Disney tournament was traditionally the last stop for players hoping to make enough money to earn their PGA Tour cards for the following year, providing some drama to the event late on the calendar. However, in 2013, the PGA is moving to using FedEx Cup points as the measuring stick for those who retain their cards rather than the money list. 

As a result of the decision to drop the Disney tournament, the Arnold Palmer Invitational at Bay Hill from March 18-24 will be Orlando's sole PGA Tour event.

Disney first began hosting a PGA golf event in 1971. The event has primarily been played on the Disney Palm and Magnolia golf courses.

Here is the full 2013 PGA Tour schedule:

Hyundai Tournament of Champions     Dec. 31-Jan. 7
Kapalua Resort (Plantation), Kapalua, Hawaii     TV: Golf Channel

Sony Open in Hawaii     Jan. 7-13
Waialae Country Club, Honolulu, Hawaii     TV: Golf Channel

Humana Challenge in partnership with the Clinton Foundation     Jan. 14-20
PGA West (*Palmer, Nicklaus)/La Quinta CC, La Quinta, Calif.     TV: Golf Channel

Farmers Insurance Open     Jan. 21-27
Torrey Pines (*South, North), San Diego, Calif.     TV: Golf Channel/CBS

Waste Management Phoenix Open     Jan. 28-Feb. 3
TPC Scottsdale (Stadium), Scottsdale, Ariz.     TV: Golf Channel/NBC

AT&T Pebble Beach National Pro-Am     Feb. 4-10
Pebble Beach/Spyglass Hill/Monterey Peninsula (Shore), Pebble Beach, Calif.     TV: Golf Channel/CBS

Northern Trust Open     Feb. 11-17
Riviera Country Club, Pacific Palisades, Calif.     TV: Golf Channel/CBS

World Golf Championships-Accenture Match Play Championship     Feb. 18-24
Ritz-Carlton GC (Dove Mountain), Marana, Ariz.     TV: Golf Channel/NBC

The Honda Classic     Feb. 25-March 3
PGA National (Champion), Palm Beach Gardens, Fla.     TV: Golf Channel/NBC

World Golf Championships-Cadillac Championship     March 4-10
Doral Golf Resort (TPC Blue Monster), Doral, Fla.     TV: Golf Channel/NBC

Puerto Rico Open presented by seepuertorico.com     March 4-10
Trump International Puerto Rico, Rio Grande, Puerto Rico     TV: Golf Channel