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2023 tour championship prize money payouts for each pga tour player at east lake, share this article.
It pays to play well on the PGA Tour. Just ask this week’s winner, Viktor Hovland .
The 25-year-old shot a 7-under 63 on Sunday to win the 2023 Tour Championship at East Lake Golf Club in Atlanta to also claim the FedEx Cup at 27 under.
For his efforts, Hovland will leave with top prize of $18 million from the lucrative $75 million season-ending event, while Xander Schauffele will take home a $6.5 million consolation prize for finishing runner-up at 22 under.
In total eight players cleared more than $1 million from this week’s event, including third-place finisher Wyndham Clark (16 under, $5 million), Rory McIlroy in fourth (14 under, $4 million) and Patrick Cantlay (13 under, $3 million) in fifth. Collin Morikawa, Tommy Fleetwood and Scottie Scheffler each earned $2 million for finishing 16 shots back, T-6 at 11 under.
Check out how much money each PGA Tour player earned this week at the 2023 Tour Championship at East Lake.
Tour Championship prize money
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Payday at East Lake
Here's the FedEx Cup prize money payout for each golfer at the 2022 Tour Championship
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For all the debate this summer about rapidly rising prize money payouts in professional golf, it was crazy to think what was on the line this week at the Tour Championship. The winner on Sunday at East Lake Golf Club was going to earn $18 million for his victory.
Let’s repeat this: $18 million.
By comparison, for their entire PGA Tour careers, Jack Nicklaus and Arnold Palmer, winners of 25 majors and 135 tour titles, earned a combined $7,595,888.
And that winner, fittingly, was Rory McIlroy, the man who has served as the de facto face of the PGA Tour in 2022. As LIV Golf has risen to prominence and created a schism in men’s pro golf this summer, McIlroy has been the calming presence the PGA Tour needed, rallying some of the biggest names to try to keep the tour together.
McIlroy began the tournament six shots back of Scottie Scheffler, was 10 shots back after two holes (when he opened with a triple bogey, bogey), nine back after 36 holes and a six back to start the final round. But with rounds of 67-67-63-66 to get to 21 under, he rallied for a third career FedEx Cup title to the ones won in 2014 and 2019.
Technically speaking, the money on the line in Atlanta is not tournament prize money, but rather the payout for the $75 million FedEx Cup bonus pool that players are receiving for their finishes in the season-long points race. No player’s career earnings will increase as a result of their performance in the 2021-22 season finale.
MORE: 'What if' the PGA Tour used its staggered-stroke format since the inception of the FedEx Cup? Here's an alternate history
Here then is the prize money payout for each golfer in the final FedEx Cup standings after the conclusion of the Tour Championship. As with regular PGA Tour events, money is split equally among players if there are ties for different places in this last event of the 2021-’22 PGA Tour season. We’ll update this list shortly after Sunday’s finish to include individual names with their earnings.
East Lake Golf Club
One additional note: Every player in the FedEx Cup top 150 earns some distribution from the bonus pool. It’s why the list below has far more names than just the 30 competing in the Tour Championship.
MORE: The clubs Rory McIlroy used to win the Tour Championship
Win: Rory McIlroy, -21, $18,000,000
T-2: Scottie Scheffler, -20, $5,750,000
T-2: Sungjae Im, -20, $5,750,000
4: Xander Schauffele, -18, $4,000,000
T-5: Max Homa, -17, $2,750,000
T-5: Justin Thomas, -17, $2,750,000
T-7: Sepp Straka, -16, $1,750,000
T-7: Patrick Cantlay, -16, $1,750,000
9: Tony Finau, -15, $1,250,000
10: Tom Hoge, -14, $1,000,000
T-11: Joaquin Niemann, -13, $925,000
T-11: Hideki Matsuyama, -13, $925,000
T-13: Jordan Spieth, -12, $825,000
T-13: Aaron Wise, -12, $825,000
T-15: Viktor Hovland, -11, $710,000
T-15: Matt Fitzpatrick, -11, $710,000
T-15: J.T. Poston, -11, $710,000
T-15: Jon Rahm, -11, $710,000
19: Cameron Young, -10, $660,000
20: Cameron Smith, -9, $640,000
T-21: Brian Harman, -8, $600,000
T-21: Billy Horschel, -8, $600,000
T-21: Collin Morikawa, -8, $600,000
24: Sam Burns, -7, $565,000
25: Adam Scott, -4, $550,000
26: Corey Conners, -3, $540,000
27: K.H. Lee, -1, $530,000
28: Sahith Theegala, +1, $520,000
29: Scott Stallings, +3, $510,000
30: Will Zalatoris, $500,000
MORE: The top 10 money earners in FedEx Cup history
31: Shane Lowry, $250,000
32: Trey Mullinax, $236,000
33: J.J. Spaun, $228,000
34: Joohyung Kim, $221,000
35: Davis Riley, $214,000
36: Denny McCarthy, $211,000
37: Maverick McNealy, $209,000
38: Kevin Kisner, $208,000
39: Keith Mitchell, $207,000
40: Kurt Kitayama, $206,000
41: Lucas Glover, $205,000
42: Seamus Power, $204,000
43: Lucas Herbert, $203,000
44: Russell Henley, $202,000
45: Andrew Putnam, $201,000
46: Taylor Pendrith, $200,000
47: Cameron Tringale, $199,000
48: Tyrrell Hatton, $198,000
49: Mito Pereira, $197,000
50: Christiaan Bezuidenhout, $196,000
51: Luke List, $195,000
52: Emiliano Grillo, $194,000
53: Keegan Bradley, $193,000
54: Sebastián Muñoz, $192,000
55: Cam Davis, $191,000
56: Mackenzie Hughes, $190,000
57: Si Woo Kim, $189,000
58: Marc Leishman, $188,000
59: Brendan Steele, $187,000
60: Troy Merritt, $186,000
61: Adam Hadwin, $185,000
62: Tommy Fleetwood, $185,000
63: Chez Reavie, $185,000
64: Matt Kuchar, $185,000
65: Taylor Moore, $185,000
66: Chris Kirk, $175,000
67: Harold Varner III, $175,000
68: Alex Noren, $175,000
69: Alex Smalley, $175,000
70: Wyndham Clark, $175,000
MORE: The single biggest paydays for each of the PGA Tour's winningest golfers
71: Anirban Lahiri, $140,000
72: Lee Hodges, $140,000
73: John Huh, $140,000
74: Brendon Todd, $140,000
75: Gary Woodland, $140,000
76: Beau Hossler, $140,000
77: Lanto Griffin, $140,000
78: Brandon Wu, $140,000
79: Matthew NeSmith, $140,000
80: Chad Ramey, $140,000
81: Adam Long, $140,000
82: Dylan Frittelli, $140,000
83: Ryan Palmer, $140,000
84: David Lipsky, $140,000
85: Adam Schenk, $140,000
86: Daniel Berger, $130,000
87: Joel Dahmen, $130,000
88: Aaron Rai, $130,000
89: Stephan Jaeger, $130,000
90: Patrick Rodgers, $130,000
91: Russell Knox, $130,000
92: Adam Svensson, $130,000
93: Kevin Streelman, $130,000
94: Mark Hubbard, $130,000
95: Peter Malnati, $130,000
96: Danny Lee, $130,000
97: Michael Thompson, $130,000
98: Hayden Buckley, $130,000
99: C.T. Pan, $130,000
100: Justin Rose, $130,000
101: Martin Laird, $120,000
102: Sam Ryder, $120,000
103: Vince Whaley, $120,000
104: Tyler Duncan, $120,000
105: Jhonattan Vegas, $120,000
106: Nate Lashley, $120,000
107: James Hahn, $120,000
108: Greyson Sigg, $120,000
109: Robert Streb, $120,000
110: Scott Piercy, $120,000
111: Callum Tarren, $120,000
112: Max McGreevy, $120,000
113: Chesson Hadley, $120,000
114: Nick Watney, $120,000
115: Jason Day, $120,000
116: Doug Ghim, $120,000
117: Stewart Cink, $120,000
118: Kevin Tway, $120,000
119: Ryan Brehm, $120,000
120: Matthias Schwab, $120,000
121: Patton Kizzire, $120,000
122: Webb Simpson, $120,000
123: Rickie Fowler, $120,000
124: Nick Taylor, $120,000
125: Kramer Hickok, $120,000
126: Matt Wallace, $85,000
127: Austin Smotherman, $85,000
128: Justin Lower, $85,000
129: Doc Redman, $85,000
130: Danny Willett, $85,000
131: Kelly Kraft, $85,000
132: Nick Hardy, $85,000
133: Cameron Champ, $85,000
134: Brian Stuard, $85,000
135: Michael Gligic, $85,000
136: Harry Higgs, $85,000
137: Francesco Molinari, $85,000
138: Martin Trainer, $85,000
139: Erik van Rooyen, $85,000
140: Zach Johnson, $85,000
141: Rory Sabbatini, $85,000
142: Hank Lebioda, $85,000
143: Cameron Percy, $85,000
144: Henrik Norlander, $85,000
145: Andrew Novak, $85,000
146: Garrick Higgo, $85,000
147: Brice Garnett, $85,000
148: Jonathan Byrd, $85,000
149: Austin Cook, $85,000
150: Charley Hoffman, $85,000
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2023 Tour Championship money: Purse, winner’s share, prize money payout
The 2023 Tour Championship prize money payout is from the $57.925 million purse, with 30 professional players who complete four rounds at East Lake Golf Club in Atlanta, Ga., earning an official-money paycheck this week.
The winner's share of Tour Championship prize pool is at $18,000,000, with the second-place finisher taking home $6,500,000 in PGA Tour prize money today. The Tour Championship prize-money payout breakdown shows a payout of more than 18 percent of the purse to the winner, and how much each PGA Tour player earns is guaranteed down to the last-place player, which is $500,000.
For 2023 Tour Championship results and payout , see our final leaderboard
The Tour Championship field is headed by Viktor Hovland , Scottie Scheffler , Max Homa , Rory McIlroy , Matt Fitzpatrick and more. Hovland has a big lead coming into the final day, but East Lake can produce some high, varied scores.
This tournament started with 30 players, and a cut was not made this week after two rounds. Every professional player in the field is paid for completing the event, but how much each player is paid at the 2023 Tour Championship from the correct 2023 Tour Championship full-field payout is based on their finish.
The 36-hole cut is typically made to the top 65 players and ties, with every player able to move up in the final round. However, in the FedEx Cup playoffs, none of the events have a cut.
The 2023 Tour Championship prize money payout is set ahead of the event, with the PGA Tour adding money to the purse if more than 65 professionals make the cut to ensure all players are paid, as is not the case this week.
What else is on the line
Beyond money, there are important points, perks and benefits on the line for the field -- in particular, the tournament winner.
The winner of this event will win the FedEx Cup, the PGA Tour's season-long points race.
Additionally, there are 49.5 Official World Golf Ranking points on the line for the winner.
While this event offers a significant payday, a win comes with the benefits that come with winning on the PGA Tour. Winners of these events get a five-plus season exemption on the PGA Tour and entries into all four majors for the next three years.
2023 Tour Championship prize money, winner's share, first-place payout
About the author.
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Ryan Ballengee is founder and editor of Golf News Net. He has been writing and broadcasting about golf for nearly 20 years. Ballengee lives in the Washington, D.C. area with his family. He is currently a +2.6 USGA handicap, and he has covered dozens of major championships and professional golf tournaments. He likes writing about golf and making it more accessible by answering the complex questions fans have about the pro game or who want to understand how to play golf better.
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Tour Championship Purse, Prize Money And Field 2023
The PGA Tour season finale sees defending champion Rory McIlroy among a field of 30 competing for the FedEx Cup
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Tour Championship Prize Money
Tour championship field and starting positions.
The PGA Tour season draws to a close with the top 30 players in the FedEx Cup standings competing at East Lake in Georgia.
As well as a far smaller field than other events on the PGA Tour, the Tour Championship also has a unique scoring system based on each player's FedEx Cup standings before the tournament.
Sitting at the top of the list is World No.1 Scottie Scheffler . Thanks to that achievement, he starts with a two-shot advantage over his nearest competitor on 10-under.
The player closest to him is Viktor Hovland, thanks largely to his win in second FedEx Cup Playoff tournament, the BMW Championship at Olympia Fields. The Norwegian claimed victory in some style, too. In the final round, he carded a 61, the lowest in FedEx Cup Playoff history. Meanwhile, it was also the lowest of his career and a course record.
Given he's heading into this week's tournament on the back of such an impressive performance, it's unlikely Scheffler will feel comfortable at the top despite his two-shot head start.
Viktor Hovland begins two shots off the lead
One shot behind Hovland is Rory McIlroy , who starts at seven under. The 34-year-old is aiming for a record fourth FedEx Cup title as he attempts to replicate his win at East Lake last season, when he edged out Sungae Im and Scheffler in a thrilling final round . Given McIlroy's form of late, which has included top-10 finishes in each of his last nine starts, few would bet against him winning.
While each of the top three have good reason to believe they can lift the trophy on Sunday evening, there are several other realistic candidates. One is Masters champion Jon Rahm , who starts four shots off the lead. The Spaniard began 2023 in scintillating form, and if he can return to his best this week, he'll be in with an excellent chance of securing his first FedEx Cup title.
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Lucas Glover, at five under, will also be hoping to continue a hot streak that has brought two wins in the last month, including the opening FedEx Cup PlayOff tournament, the FedEx St. Jude Championship . There is added incentive for the American to perform well as he still has a chance of persuading Ryder Cup captain Zach Johnson he is worthy of a wildcard for the match.
Beyond those players, others looking to eat into Scheffler's lead will be 2021 FedEx Cup winner Patrick Cantlay , who starts at four under, along with Max Homa , who ranks seventh in the world, Open champion Brian Harman . US Open winner Wyndham Clark and the player who won the Major in 2022, Matt Fitzpatrick, also begin six off the lead.
Other big names in the field include Tommy Fleetwood , Rickie Fowler and Xander Schauffele , who each begin at three under, while 2015 FedEx Cup winner Jordan Spieth begins 10 off the lead.
The tournament boasts a purse of $75m, with the winner taking home a huge $18m, while the runner-up will win $6.5m.
Below is the prize money, field and starting positions for the Tour Championship at East Lake.
- -10 Scottie Scheffler
- -8 Viktor Hovland
- -7 Rory McIlroy
- -6 Jon Rahm
- -5 Lucas Glover
- -4 Max Homa, Patrick Cantlay, Brian Harman, Wyndham Clark, Matt Fitzpatrick
- -3 Tommy Fleetwood, Russell Henley, Keegan Bradley, Rickie Fowler, Xander Schauffele
- -2 Tom Kim, Sungjae Im, Tony Finau, Corey Conners, Si Woo Kim
- -1 Taylor Moore, Nick Taylor, Adam Schenk, Collin Morikawa, Jason Day
- E Sam Burns, Emiliano Grillo, Tyrrell Hatton, Jordan Spieth, Sepp Straka
Where Is The Tour Championship Being Played?
The Tour Championship is played at East Lake Golf Club in Atlanta, Georgia. Established in 1904, the club is the oldest in Atlanta and was the home course of Bobby Jones.
Who Won The 2022 Tour Championship?
Rory McIlroy claimed his third FedEx Cup trophy in 2022 following a thrilling final day. That was despite getting the tournament off to the worst possible start with a triple-bogey. In the end, McIlroy edged out Sungae Im and Scottie Scheffler to claim the $18m first prize.
Mike has over 25 years of experience in journalism, including writing on a range of sports throughout that time, such as golf, football and cricket. Now a freelance staff writer for Golf Monthly, he is dedicated to covering the game's most newsworthy stories.
He has written hundreds of articles on the game, from features offering insights into how members of the public can play some of the world's most revered courses, to breaking news stories affecting everything from the PGA Tour and LIV Golf to developmental Tours and the amateur game.
Mike grew up in East Yorkshire and began his career in journalism in 1997. He then moved to London in 2003 as his career flourished, and nowadays resides in New Brunswick, Canada, where he and his wife raise their young family less than a mile from his local course.
Kevin Cook’s acclaimed 2007 biography, Tommy’s Honour, about golf’s founding father and son, remains one of his all-time favourite sports books.
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Here’s the eye-popping money each player made at the Tour Championship
How incredible is the Tour Championship money this year? Just ask Rory McIlroy.
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The FedEx Cup Playoffs bonuses were designed to reward the PGA Tour’s top players for a full season of achievement, and one look at the Tour Championship payout structure makes it clear just how lucrative it is to make it to the Tour’s top 30.
Take Sahith Theegala , for instance.
‘The fact that I’m even on the PGA Tour is pretty absurd’: Pro opens up after making Tour Championship
The 24-year-old PGA Tour rookie had an incredible first season on Tour. No wins, but enough close calls and top 10s to earn his way into the Tour Championship. Even a 28th-place (next to last) finish on Sunday will garner $520,000 (Will Zalatoris will claim the $500,000 30th-plaze prize after an injury forced him to withdraw from the BMW and Tour Championships) — that’s a tidy 16 percent of his current season-earnings total of $3.12 million.
While that pales in comparison to Rory McIlroy’s $18 million that you were reminded about so often on the broadcast, it’s no chump change.
And then, of course, there’s Scottie Scheffler. The FedEx Cup’s No. 1 seed has already banked a record-breaking sum of earnings this year, with a whopping $14.04 million. While he came up short on Sunday, he and Sungjae Im split the second and third-place bonuses for a cool $5.75 million.
And it’s not too bad for the rest of the field too as every player who finishes in the top 10 will walk away with seven figures. Pretty nice haul!
You can check out a complete breakdown of how much money every player made at the 2022 Tour Championship below.
How much every player made at the 2022 Tour Championship
1. $18 million – Rory McIlroy T2. $5.75 million – Scottie Scheffler Sungjae Im 4. $4 million – Xander Schauffele T5. $2.75 million – Max Homa Justin Thomas T7. $1.75 million – Sepp Straka Patrick Cantlay 9. $1.25 million – Tony Finau 10. $1 million – Tom Hoge T11. $925,000 – Joaquin Niemann Hideki Matsuyama T13. $825,000 – Jordan Spieth Aaron Wise T15. $715,000 – Viktor Hovland Matt Fitzpatrick J.T. Poston Jon Rahm 19. $660,000 – Cameron Young 20. $640,000 – Cameron Smith T21. $600,000 – Brian Harman Billy Horschel Collin Morikawa 24. $565,000 – Sam Burns 25. $550,000 – Adam Scott 26. $540,000 – Corey Connors 27. $530,000 – K.H. Lee 28. $520,000 – Sahith Theegala 29. $510,000 – Scott Stallings 30. $500,000 – Will Zalatoris
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2022 Tour Championship purse, prize money: Payout for Rory McIlroy, golfers in FedEx Cup Playoffs at East Lake
History and a whole lot of money were on the line this week at east lake.
A record-setting year on the PGA Tour ended in record fashion with the largest prize pool in league history up for grabs Sunday at the 2022 Tour Championship. Between deferral payments and bonuses, a total of $75 million was at stake for the best players on the PGA Tour with $18 million going to Rory McIlroy , who came from six strokes back in the fourth round to win the Tour Championship and FedEx Cup for a record third time.
To put into perspective the size of this prize pool, it is just slightly less than that of the Players Championship, Masters, PGA Championship, U.S. Open and The Open ... combined . The entirety of the purse is enough to weigh on players' minds, but the grand prize alone creates some unease on the back nine Sunday given it surpasses every prize pool this season apart from the Players Championship.
Two of those championship checks were deposited into the bank account of Cameron Smith, who began the week six strokes behind FedEx Cup No. 1 Scottie Scheffler. The reigning Masters champion, Scheffler earned roughly $4 million more than the Australian throughout the 2021-22 season. He was able to add $5.75 million more to his total, ultimately falling to McIlroy by a single stroke.
Let's look at how the payouts for the 2022 Tour Championships were divided among those who competed this week at East Lake.
2022 Tour Championship purse, prize money
Total purse: $75 million (FedEx Cup bonus)
1st -- $18,000,000 -- Rory McIlroy 2nd -- $6,500,000 -- Sungjae Im, Scottie Scheffler ($5.75 million each) 3rd -- $5,000,000 4th -- $4,000,000 -- Xander Schauffele 5th -- $3,000,000 -- Max Homa, Justin Thomas ($2.75 million each) 6th -- $2,500,000 7th -- $2,000,000 -- Sepp Straka, Patrick Cantlay ($1.75 million each) 8th -- $1,500,000 9th -- $1,250,000 -- Tony FInau 10th -- $1,000,000 -- Tom Hoge 11th -- $950,000 -- Joaquin Niemann, Hideki Matsuyama ($925,000 each) 12th -- $900,000 13th -- $850,000 -- Jordan Spieth, Aaron Wise ($825,000 each) 14th -- $800,000 15th -- $760,000 -- Viktor Hovland, Matthew Fitzpatrick, J.T. Poston, Jon Rahm ($715,000 each) 16th -- $720,000 17th -- $700,000 18th -- $680,000 19th -- $660,000 -- Cameron Young 20th -- $640,000 -- Cameron Smith 21st -- $620,000 -- Brian Harman, Billy Horschel, Collin Morikawa ($600,000 each) 22nd -- $600,000 23rd -- $580,000 24th -- $565,000 -- Sam Burns 25th -- $550,000 -- Adam Scott 26th -- $540,000 -- Corey Conners 27th -- $530,000 -- Kyoung-Hoon Lee 28th -- $520,000 -- Sahith Theegala 29th -- $510,000 -- Scott Stallings 30th -- $500,000 -- Will Zalatoris (DNP)
Due to his withdrawal from the Tour Championship, Zalatoris was awarded the 30th-place prize. Golfers who finished between 31st and 150th in the FedEx Cup received between $85,000 and $250,000 in deferred money following the St. Jude Invitational and BMW Championship.
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PGA Tour players learn how much loyalty is worth in new equity program
Players who stayed loyal to the PGA Tour amid lucrative recruitment by Saudi-funded LIV Golf are starting to find out how much that loyalty could be worth.
The PGA Tour on Wednesday began contacting the 193 players eligible for the $930 million from a “Player Equity Program” under the new PGA Tour Enterprises .
The bulk of that money — $750 million — went to 36 players based on their career performance, the last five years and how they fared in a recent program that measured their star power.
How much they received was not immediately known. Emails were going out Wednesday afternoon and Thursday informing players of what they would get. One person who saw a list of how the equity shares were doled out said the names had been redacted. The person spoke to The Associated Press on condition of anonymity because many details of the program were not made public.
The Telegraph reported Tiger Woods was to receive $100 million in equity and Rory McIlroy could get $50 million, without saying how it came up with those numbers.
Commissioner Jay Monahan outlined the first-of-its-kind equity ownership program in a Feb. 7 memo to players, a week after Strategic Sports Group became a minority investor in the new commercial PGA Tour Enterprises.
The private equity group, a consortium of professional sports owners led by the Fenway Sports Group, made an initial investment of $1.5 billion that could be worth $3 billion. The tour is still negotiating with the Public Investment Fund of Saudi Arabia — the financial muscle behind the rival LIV Golf league — as an investor.
Any deal with PIF would most certainly increase the value of the equity shares.
Another person with knowledge of the Player Equity Program, speaking on condition of anonymity because of the private nature of the dealings, said the equity money is not part of the SSG investment. That money was geared toward growth capital.
Golf.com received a series of informational videos on the Player Equity Program that was sent to players and reported only 50% of the equity would vest after four years, 25% more after six years and the rest of it after eight years.
It also reported how the 36 players from the top tier were judged on “career points,” such as how long they were full members, victories, how often they reached the Tour Championship and extra points for significant victories.
Jason Gore, the tour’s chief player officer, said in one of the videos, “It’s really about making sure that our players know the PGA Tour is the best place to compete and showing them how much the Tour appreciates them being loyal.”
Emails also were sent to 64 players who would share $75 million in aggregate equity based on the past three years, and $30 million to 57 players who are PGA Tour members. Also, $75 million in equity shares was set aside for 36 past players instrumental in building the tour.
The program has an additional $600 million in equity grants that are recurring for future PGA Tour players. Those would be awarded in amounts of $100 million annually started in 2025.
Players only get equity shares from one of the four tiers now, although everyone would be eligible for the recurring grants.
Even with equity ownership geared toward making the PGA Tour better, the concern was players questioning who got how much and whether they received their fair share.
LIV Golf lured away seven major champions dating to 2018 since it launched in 2022, all with guaranteed contracts and most of them believed to have topped $100 million.
McIlroy, playing this week in the Zurich Classic of New Orleans, was asked how much would make players feel validated for their decision to stay with the PGA Tour.
“I think the one thing we’ve learned in golf over the last two years is there’s never enough,” McIlroy replied.
AP golf: https://apnews.com/hub/golf
Report: Tiger Woods, Rory McIlroy among big PGA Tour payouts
Rory McIlroy explains why the PGA Tour's equity figures are insufficient to compete with LIV Golf's payouts. (0:19)
- ESPN News Services
Tiger Woods , Rory McIlroy and other PGA Tour stars are about to receive massive bonuses for their loyalty.
The Telegraph reported Wednesday that Woods will receive up to $100 million in equity as part of the newly created for-profit PGA Tour Enterprises, with McIlroy getting about half that amount.
The payouts, which are set to be disclosed to the players by PGA Tour commissioner Jay Monahan on Wednesday, are a way to thank players for sticking with the PGA Tour instead of jumping to the rival LIV Golf League and huge paydays from Saudi Arabia's Public Investment Fund.
Nearly 200 players will receive a stake, with $750 million of it going to the top 36 players based on a formula that weighs career success and cultural popularity, according to The Telegraph. Other notable payouts include $30 million each for Jordan Spieth and Justin Thomas , while $75 million is targeted to go to notable retired players.
To receive the money, players would have to continue to remain loyal to the PGA Tour, with the funds vesting over the next eight years, according to The Telegraph. And going forward, the PGA Tour plans to award $100 million per year to the players.
McIlroy, playing this week in the Zurich Classic of New Orleans, was asked Wednesday how much would make players feel validated for their decision to stay with the PGA Tour.
"I think the one thing we've learned in golf over the last two years is there's never enough," said McIlroy, who also said that he's interested in returning to the PGA Tour's policy board, as has been reported and is pending a board vote that could take place this week.
"At the end of the day, it's not quite up to me to just come back on the board," McIlroy said. "There's a process that has to be followed."
The other board members are Patrick Cantlay , Peter Malnati , Adam Scott , Spieth and Woods.
PGA Tour Enterprises received an investment of up to $3 billion earlier this year from Strategic Sports Group, a consortium of sports team owners that includes the New York Mets ' Steve Cohen and the Atlanta Falcons ' Arthur Blank.
A week later, Monahan outlined the first-of-its-kind equity ownership program in a Feb. 7 memo to players.
Any deal with PIF would most certainly increase the value of the equity shares.
A source with knowledge of the Player Equity Program told The Associated Press that the equity money is not part of the SSG investment. That money was geared toward growth capital.
Golf.com, which received a series of informational videos on the Player Equity Program that was sent to players, reported only 50% of the equity would vest after four years, 25% more after six years and the rest of it after eight years.
The 36 players from the top tier were judged on "career points," such as how long they were full members, victories, how often they reached the Tour Championship and extra points for significant victories, Golf.com reported.
"It's really about making sure that our players know the PGA Tour is the best place to compete and showing them how much the Tour appreciates them being loyal," Jason Gore, the tour's chief player officer, said in one of the videos obtained by Golf.com.
Emails also were sent to 64 players who would share $75 million in aggregate equity based on the past three years, and $30 million to 57 players who are PGA Tour members. Also, $75 million in equity shares was set aside for 36 past players instrumental in building the tour.
The program has an additional $600 million in equity grants that are recurring for future PGA Tour players. Those would be awarded in amounts of $100 million annually started in 2025.
Players only get equity shares from one of the four tiers now, although everyone would be eligible for the recurring grants.
Even with equity ownership geared toward making the PGA Tour better, the concern was players questioning who got how much and whether they received their fair share.
The PGA Tour and LIV are in merger talks, but they have been protracted, with no clear end in sight. Both tours have continued to operate independently, keeping many of the top names in golf from competing against one another for most of the golf calendar -- major tournaments (Masters, US Open, British Open and PGA Championship) excepted
"I think I could be helpful to the process," McIlroy said of a formalized unification of the PGA Tour and LIV Golf. "But only if people want me involved."
He said he aims to promote compromise while also trying "to help people see the benefits of what unification could do for the game and what it could do for this tour in particular."
"We obviously realize the game is not unified right now for a reason, and there's still some hard feelings and things that need to be addressed," McIlroy said. "But I think at this point, for the good of the game, we all need to put those feelings aside and all move forward together."
The Associated Press and Field Level Media contributed to this report.
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Here's What Each Player Will Bank This Week at Zurich Classic's Two-Man Team Event
The Zurich Classic is offering an $8.9 million purse with $1.286 to the winners. Here's the final breakdown of payouts.
- Author: Jeff Ritter
The PGA Tour shifted to southern Louisiana this week for its annual two-man team event. It's offering an $8.9 purse with $1.286 million to each member of the winning team.
Yes, this is the Tour's annual two-man team event, and it's drawn a few more big names than a typical year, headlined by Rory McIlroy dropping in to pair with his friend and fellow Irishman Shane Lowry. Xander Schauffele and Patrick Cantlay, winners here in 2022, are also back.
Here are the final payouts for the 2024 Zurich Classic. Note that each prize is for an individual, not the team total.
2024 Zurich Classic Payouts
Win: $1.286 million
2: $525,100
3: $343,762
4: $289,250
5: $251,425
6: $215,825
7: $180,225
8: $157,975
9: $140,175
10: $122,375
11: $104,575
12: $89,222
13: $74,849
14: $67,195
15: $61,855
16: $56,515
17: $51,397
18: $46,947
19: $42,720
20: $39,160
21: $35,600
22: $32,040
23: $28,489
24: $25,098
25: $22,784
26: $21,627
27: $20,826
28: $20,381
29: $20,025
30: $19,669
31: $19,313
32: $18,957
33: $18,601
34: $18,245
35: $17,889
36: $17,533
37: $17,177
38: $16,821
39: $16,465
40: $16,109
41: $15,753
42: $15,397
43: $15,041
44: $14,685
45: $14,329
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2024 Corales Puntacana Championship prize money payouts for each PGA Tour player
I t wasn't a big-money signature event like this week's RBC Heritage was but, there was still $4 million on the line at the 2024 Corales Puntacana Championship, with $720,000 going to the winner.
And the winner was Billy Horschel , who now has eight wins in his PGA Tour career. The second opposite-field event also had 300 FedEx Cup points on the line for the victor.
Horschel goes over the $36 million mark in career earnings in his 333rd start.
Wesley Bryan pocketed $436,00 for his solo second. Kevin Tway banked $276,000 for his solo third.
See the complete prize money payouts at the 2024 Corales Puntacana Championship in the Dominican Republic.
This article originally appeared on Golfweek: 2024 Corales Puntacana Championship prize money payouts for each PGA Tour player
COMMENTS
The 25-year-old shot a 7-under 63 on Sunday to win the 2023 Tour Championship at East Lake Golf Club in Atlanta to also claim the FedEx Cup at 27 under. For his efforts, Hovland will leave with top prize of $18 million from the lucrative $75 million season-ending event, while Xander Schauffele will take home a $6.5 million consolation prize for ...
29. $510,000. 30. $500,000. ATLANTA - The 2022-23 PGA TOUR season culminates this week at East Lake Golf Club with the TOUR Championship. Defending FedExCup champion Rory McIlroy, FedExCup.
With that, here is the complete payout breakdown for the 2023 Tour Championship and FedEx Cup bonus pool. The total prize pool is $75 million 2023 BMW Championship payout info, winner's share
2023 Tour Championship prize money, purse Purse: $57.9 million. 1st — $18,000,000 — Viktor Hovland 2nd — $6,500,000 — Xander Schauffele 3rd — $5,000,000 — Wyndham Clark
Here then is the prize money payout for each golfer in the final FedEx Cup standings after the conclusion of the Tour Championship. As with regular PGA Tour events, money is split equally among ...
Hovland banked $18 million from a $75 million FedEx bonus pool. Here are the final payouts for the 2023 Tour Championship: 2023 Tour Championship Prize Money. WIN. Viktor Hovland, 27 under ...
PGA Tour Championship purse for 2023. This year's FedEx Cup purse sits at a gigantic $75 million, the same as 2022. It's a season-long tournament of sorts, making the pot extra large. In addition ...
Here then is the prize money payout for each golfer in the final FedEx Cup standings after the conclusion of the Tour Championship. As with regular PGA Tour events, money is split equally among ...
28. $147,600. 29. $145,800. 30. $144,000. There's a lot of money up for grabs at the Tour Championship. The total purse for the Tour Championship is $9 million, and the winner will bring home $1 ...
The 2023 Tour Championship prize money payout is from the $57.925 million purse, with 30 professional players who complete four rounds at East Lake Golf Club in Atlanta, Ga., earning an official ...
How much every player made at the 2023 Tour Championship. 1. Viktor Hovland $18 million. 2. Xander Schauffele $6.5 million. 3. Wyndham Clark $5 million. 4. Rory McIlroy $4 million.
The tournament boasts a purse of $75m, with the winner taking home a huge $18m, while the runner-up will win $6.5m. Below is the prize money, field and starting positions for the Tour Championship at East Lake. Tour Championship Prize Money
In his TOUR Championship debut, Wyndham Clark (+5000) placed third, albeit 11 strokes back the champ. The U.S. Open champion opened at 4 under and scored 12 under in four rounds. POSITION
Here's a breakdown of the prize money payouts for the top 30 golfers at the end of the Tour Championship. When Cantlay and Rahm were competing on the 72nd hole Sunday, there was a $10 million ...
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Purse $2,000,000 Previous Winner Stephen Ames. Event Start Weather. Precipitation:55%. Wind:ESE 8 mph. Gusts:-Tournament Field. ... Ricardo Gonzalez earns PGA Tour Champions win in Morocco.
Broadhurst won the $330,000 winner's share of the $2,200,000 purse.. Invited Celebrity Classic recap notes. Broadhurst wins the seventh PGA Tour Champions title of the year, getting into the ...
Tour Championship purse 2020. The purse at the 2020 Tour Championship is $60 million, the same as last season. That said, last year's Tour Championship featured a significant jump in the size of ...
The 2024 Mitsubishi Electric Classic purse is set for $2 million, with the winner's share coming in at $300,000 -- the standard 15 percent payout according to the PGA Tour Champions' prize money ...
As the PGA Tour Champions policy follows, the winner of the Invited Celebrity Classic receives a check of $330,000 from the total prize purse. Whereas the runner-up has to suffice with $193,600 ...
The 2021/22 PGA Tour season is finally complete. Find out how much money each player came away with at the 2022 Tour Championship.
2022 Tour Championship purse, prize money. Total purse: $75 million (FedEx Cup bonus) 1st -- $18,000,000 -- Rory McIlroy 2nd -- $6,500,000 -- Sungjae Im, Scottie Scheffler ($5.75 million each)
Players who stayed loyal to the PGA Tour amid lucrative recruitment by Saudi-funded LIV Golf are starting to find out how much that loyalty could be worth. The PGA Tour on Wednesday began ...
Official home: PGA TOUR Champions, live scoring, news, stats, video, player profiles and tournament information. The best PGA TOUR golfers age 50 and above.
Tiger Woods will receive up to $100 million in equity as part of the newly created for-profit PGA Tour Enterprises, with Rory McIlroy getting about half that amount, according to a report.
The PGA Tour shifted to southern Louisiana this week for its annual two-man team event. It's offering an $8.9 purse with $1.286 million to each member of the winning team. Yes, this is the Tour's ...
Tyler Dennis, Senior VP & Chief of Operations of the PGA Tour, takes questions from the media during a press conference ahead of the 2023 Tour Championship at East Lake Golf Club in Atlanta.
PGA TOUR Champions Stats. PGA TOUR, PGA TOUR Champions, and the Swinging Golfer design are registered trademarks.
It wasn't a big-money signature event like this week's RBC Heritage was but, there was still $4 million on the line at the 2024 Corales Puntacana Championship, with $720,000 going to the winner ...