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Adam Hadwin acknowledges the crowd after a birdie at No. 17 in the second round of Valspar Championship 2017 on Friday in Florida.

(Douglas R. Clifford/The Tampa Bay Times via AP)

CLEVELAND, Ohio -- Adam Hadwin led by one shot entering the third round of Valspar Championship 2017 on Saturday.

Hadwin went 68-64 for 10-under. Jim Herman was in second place.

Henrik Stenson, Bubba Watson, Charl Schwartzel, Ernie Els, Jim Furyk and Justin Thomas are among the notables competing this week.

Valspar tee times

Major champions Stenson (2016 Open Championship), Watson (Masters 2012, 2014) and Schwartzel (Masters 2011) are in the same group for the first two rounds.

Major champions Els (U.S. Open 1994, 1997; Open Championship 2002, 2012) and Furyk (U.S. Open 2003) are grouped with Patrick Reed. Furyk holds the record for lowest round in PGA Tour history, 58, which he carded in the the final round of the 2016 Travelers Championship.

Thomas won back-to-back weeks in Hawaii earlier this season. He is the FedExCup points leader.

PGA TOUR

VALSPAR CHAMPIONSHIP

Site: Palm Harbor, Fla.

Course: Innisbrook Golf Resort (Copperhead Course). Yardage: 7,340. Par: 71.

Purse: $6.3 million. (First prize: $1,134,000).

Television: Thursday-Friday, 2-6 p.m. (Golf Channel); Saturday-Sunday, 1-3 p.m. (Golf Channel), 3-6 p.m. (NBC).

Defending champion: Charl Schwartzel.

Last week: Dustin Johnson won the WGC-Mexico Championship.

Notes: Jordan Spieth is not playing in the event for the first time. Spieth never has finished out of the top 20, including a tie for seventh in 2013 (which gave him special temporary membership) and a victory in 2015. ... Just 29 players at the Valspar Championship are eligible for the Masters. ... Henrik Stenson and Justin Thomas are the only players from the top 10 in the world. ... Bubba Watson is playing here for the first time since 2011. ... Spieth is the only past champion under 50 not playing. ... Zach Wright received a sponsor exemption from winning the Valspar Collegiate last year while at LSU. ... Spencer Levin has played every PGA Tour event for which he has been eligible this year, making this his 14th start. He has missed the cut in all seven of his 2017 starts. ... Brian Stuard had played a career-long 11 consecutive PGA Tour events until taking off last week because he was not in the WGC-Mexico Championship. He returns this week at Innisbrook.

Next week: Arnold Palmer Invitational.

Online: www.pgatour.com

(The Associated Press contributed to this report.)