This Day in Golf History: May 12

At the Colonial National Invitation on May 12, 1962, Arnold Palmer shot a 66 in Round 3 to be in full command of the lead. But he shot 76 the final day to fall into a tie with Johnny Pott, but then won an 18-hole playoff, 69-73. Arnold had regulation rounds of 67-72-66-76—281 and first-place prize money of $7,000.