Overview
- Matti Schmid shot 64-63 to reach 17 under, holding a one‑stroke edge over Nick Dunlap and Sami Valimaki at El Cardonal in Cabo San Lucas.
- Low scoring defined the week as Dunlap and Valimaki opened with bogey‑free 61s to tie the course record and now share second at 16 under.
- The cut fell at 5 under, with notable exits including Mark Hubbard, Brandt Snedeker, Davis Riley, Wyndham Clark, Luke Donald and Erik van Rooyen.
- FedEx Fall projections after 36 holes show major moves, with Dunlap up 46 spots to No. 99, Valimaki up to No. 76, Beau Hossler at No. 96 and Michael Brennan at No. 100.
- Saturday coverage airs on Golf Channel from 3–6 p.m. ET with streaming on NBCSports.com and the NBC Sports App; the event carries a $6 million purse with $1.08 million to the winner.