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The famed 17th hole at Sawgrass will no longer play host to sudden death playoffs. (Getty Images)

The Players Championship will no longer be decided by a sudden death playoff. Instead, as PGA Tour commissioner Tim Finchem announced Wednesday, the tournament will be decided by a three-hole playoff.

Previously, the TPC at Sawgrass would break ties in a sudden death format that began at the famed 17th hole, the par-3 with an island green. Now the tournament will be decided by an aggregate score on Nos. 16, 17, and 18. 

If there is still a tie, the players will go back to No. 17 and play sudden death from there.

No other regular PGA Tour event has a playoff consisting of anything but sudden death. However, given the $10 million purse and the $1.8 million winner's share at The Players Championship, it makes sense.

The rule will be in effect this year when the tournament begins May 8.