Tennis

Key Biscayne tennis tourney founder to step down

Published Nov. 12, 2009 5:51 p.m. ET

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The event Buchholz started in 1985 is the world's fifth-largest tennis tournament and known as the Sony Ericsson Open.

Buchholz, a former top-five player, says he plans to pursue new business opportunities and remain active in tennis.

With the Key Biscayne tournament, Buchholz pioneered the concept of combined events for men and women beyond the four Grand Slam tournaments. It was the first tournament besides the major events to offer equal prize money, and the first tournament to use the now-popular electronic replay system.

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