Two-time Tradition champion Fred Funk made eight birdies in the second round to shoot a 65 (−7), and lead Scott Parel by one stroke. Parel shot a six-under-par 66 in the second round to enter the third round at 133 (−11).
Bernhard Langer shot the round of the day to finish the third round at 204 (−12). Fred Funk and Scott Parel both shot 70 (−2) to remain in 1st and 2nd place, respectively.
Bernhard Langer birdied the first two holes to tie Fred Funk and Scott Parel for the lead. Funk regained the lead after a birdie on the par-5 5th hole and extended his lead to two strokes after birdieing the par-4 sixth. Langer cut the lead to one stroke after birdies on seventh and ninth holes, and would take a three shot lead over Parel when Funk triple bogeyed the par-4 12th hole. Langer then birdied 13, 14, and 17 to win his eighth senior major championship by 5 strokes.