canadian pga tour prize money

RBC Canadian Open prize money: How much they all won

See how much Nick Taylor, Tommy Fleetwood, others won at at the RBC Canadian Open.

History was made Sunday in Toronto at the RBC Canadian Open on the PGA Tour .

The RBC Canadian Open was the final event before the 2023 U.S. Open at Los Angeles Country Club. 

McIlroy was the defending champion heading into the week. You might recall McIlroy went after LIV Golf boss Greg Norman in the immediate aftermath of his victory last year. 

At the height of his feud with Norman, McIlroy made it clear that his 21st PGA Tour victory was 'one more' than Norman ever achieved on the circuit. 

Things have cooled off a little bit since then and McIlroy has now made it clear he wants to make a conscious effort to avoid the LIV sideshow. 

The RBC Canadian Open is not a designated event but it still boasts a considerable prize purse of $9,000,000 , with the winner receiving a total of $1,620,000 . 

This year - Canadian Nick Taylor made history as he became the first Canadian to win the tournament in 69 years after a four-hole playoff against Tommy Fleetwood .

Take a look below at all the payout info.

RBC Canadian Open payout info:

Win: Nick Taylor, -17, $1,620,000

• 2: Tommy Fleetwood, -17, $981,000
• T-3: Tyrrell Hatton, -16, $477,000
• T-3: Aaron Rai, -16, $477,000
• T-3: C.T. Pan, -16, $477,000
• T-6: Eric Cole, -14, $315,000
• T-6: Mark Hubbard, -14, $315,000
• 8: Justin Rose, -13, $281,250
• T-9: Brandon Wu, -12 $254,250
• T-9: Andrew Novak, -12 $254,250
• T-9: Rory McIlroy, -12 $254,250
• T-12: Adam Hadwin, -11, $178,650
• T-12: Harrison Endycott, -11, $178,650
• T-12: Doug Ghim, -11, $178,650
• T-12: Jonathan Byrd, -11, $178,650
• T-12: Harry Higgs, -11, $178,650
• 17: Nate Lashley, -10, $146,250
• T-18: Will Gordon, -9, $132,750
• T-18: Carl Yuan, -9, $132,750
• T-20: Matt Kuchar, -8, $102,330
• T-20: Sam Bennett, -8, $102,330
• T-20: Lucas Glover, -8, $102,330
• T-20: Matt Fitzpatrick, -8, $102,330
• T-20: Corey Conners, -8, $102,330
• T-25: Chez Reavie, -7, $64,850
• T-25: Alex Smalley, -7, $64,850
• T-25: Ryan Moore, -7, $64,850
• T-25: Justin Lower, -7, $64,850
• T-25: Dylan Wu, -7, $64,850
• T-25: Ludvig Aberg, -7, $64,850
• T-25: Lee Hodges, -7, $64,850
• T-25: Ted Potter, Jr., -7, $64,850
• T-25: S.H. Kim, -7, $64,850
• T-34: Harry Hall, -6, $47,925
• T-34: Roger Sloan, -6, $47,925
• T-34: Cody Gribble, -6, $47,925
• T-34: Brendon Todd, -6, $47,925
• T-38: Patton Kizzire, -5, $39,150
• T-38: Sahith Theegala, -5, $39,150
• T-38: S.Y. Noh, -5, $39,150
• T-38: M. J. Daffue, -5, $39,150
• T-38: Greyson Sigg, -5, $39,150
• T-43: Michael Kim, -4, $28,530
• T-43: Ryan Gerard, -4, $28,530
• T-43: Callum Tarren, -4, $28,530
• T-43: Peter Malnati, -4, $28,530
• T-43: Carson Young, -4, $28,530
• T-43: Shane Lowry, -4, $28,530
• T-43: Chesson Hadley, -4, $28,530
• T-50: Austin Smotherman, -3, $22,860
• T-50: Garrick Higgo, -3, $22,860
• T-52: Brent Grant, -2, $21,438
• T-52: Mike Weir, -2, $21,438
• T-52: Jason Dufner, -2, $21,438
• T-52: Cameron Percy, -2, $21,438
• T-52: Brian Gay, -2, $21,438
• T-57: Andrew Landry, -1, $20,160
• T-57: Scott Piercy, -1, $20,160
• T-57: Cameron Young, -1, $20,160
• T-57: Adam Long, -1, $20,160
• T-57: Stuart Macdonald, -1, $20,160
• T-57: James Hahn, -1, $20,160
• T-57: Peter Kuest, -1, $20,160
• T-57: Sung Kang, -1, $20,160
• T-65: Richy Werenski, E, $19,170
• T-65: Scott Brown, E, $19,170
• T-65: Taylor Pendrith, E, $19,170
• T-68: Trevor Cone, +1, $18,540
• T-68: Akshay Bhatia, +1, $18,540
• T-68: Wil Bateman, +1, $18,540
• T-68: Brice Garnett, +1, $18,540
• T-72: Henrik Norlander, +2, $17,910
• T-72: Vince Whaley, +2, $17,910
• T-72: Martin Trainer, +2, $17,910

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2023 RBC Canadian Open purse, winner’s share, prize money payout

The 2023 RBC Canadian Open purse is set for $9 million, with the winner's share coming in at $1,620,000 -- the standard 18 percent payout according to the PGA Tour's prize money distribution chart .

The 2023 RBC Canadian Open field is headed by Rory McIlroy , Tyrrell Hatton , Justin Rose and more of the world's best players. McIlroy is the two-time defending champion.

For 2023 RBC Canadian Open results and payout , see our final leaderboard

The 156-player field competes in an open event on the PGA Tour schedule, with players earning their way into the field based on the PGA Tour's priority order and other criteria.

A cut is made after 36 holes to the top 65 players and ties. All players who finish four rounds of the tournament will earn money in this national open.

The prize-money payout is based on exacting 65 players making the cut and finishing the tournament. However, in PGA Tour events with a standard 36-hole cut to the top 65 players and ties, the payout formula is adjusted to account for the exact number of players making the cut and will often include adding money to the stated purse to account for additional players.

The event is played this year at Oakdale Golf & Country Club in Toronto, Ontario, Canada.

This is the 34th PGA Tour event of the 2022-2023 PGA Tour schedule .

What else is on the line: FedEx Cup points, OWGR points, exemptions

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 earns 500 FedEx Cup points, as will be the case for standard events. The winner gets 37 Official World Golf Ranking points, with the points available based on field strength.

The champion will enjoy the benefits of winning PGA Tour event, including a two-year exemption on the PGA Tour and an exemption into next year's Tournament of Champions.

2023 RBC Canadian Open purse, winner's share, prize money payout

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2023 RBC Canadian Open: Prize Purse and Payouts by Position

By josh chandler | jun 10, 2023.

Breaking down this week’s RBC Canadian Open Purse, Prize money, and Payouts by position at Oakdale Golf & Country Club.

Despite its unfortunate slot on the golfing calendar, sandwiched in between last week’s elevated Memorial Tournament and the upcoming 123rd U.S. Open at Los Angeles Country Club, the 2023 RBC Canadian Open hasn’t failed to deliver exciting action this week from Toronto.

As has become the norm at one of the sport’s most historic events, the Canadian Open and its raucous and passionate fans have put on quite the show, this despite the event’s awkward spot on the schedule and its ‘non-elevated’ status in 2023.

The 9 million dollar purse for this year’s RBC Canadian Open along with the 1.62 million dished out to its winner is amongst the higher end of purses paid out to fields in non-elevated events this year.

With Rory McIlroy on the hunt for a Canadian Open three-peat and a tightly congested leaderboard heading into Sunday’s final round of this year’s RBC Canadian Open, the nation’s premier golfing event is perfectly positioned to deliver another exciting finish.

2020 Olympic Bronze Medalist, C.T. Pan, sits atop the leaderboard after three rounds of action at Oakdale. Pan (-14) made his return to action in April at the RBC Heritage following a lengthy absence from the sport due to a wrist injury.

The 31-year-old out of Taiwan who earned his first PGA Tour win at the 2019 RBC Heritage will look to close out PGA win number two on Sunday following rounds of 70, 66, and 66 across his first three days this week in Canada.

The quest for a second career win on tour won’t come easy for Pan, however, with several big names including Rory McIlroy lurking in his rearview mirror. Rory (-12) alongside both Tommy Fleetwood and Justin Rose sit just two shots back of C.T. Pan heading into the final round of action.

As for Canadian hope, both Nick Taylor (-11) and Corey Conners (-10) are well-positioned to make a run at the leader heading into Sunday, with the former having produced a blistering round of 63 on moving day that sent him flying up the leaderboard and in with a chance of earning his third career win on the PGA Tour.

Will a Canadian emerge victorious at his nation’s national open for the first time since 1954? That remains to be seen. Whoever does lift the historic trophy on Sunday evening, however, will pocket a cool 1.62 million dollars for their efforts. Here is this year’s complete prize breakdown by position for the RBC Canadian Open.

2023 RBC Canadian Open Purse and Payouts by Position.

• 2023 RBC Canadian Open Champion: $1,620,000

Next. 2023 U.S. Open Rundown. dark

In addition to taking home a handsome share of the 9 million dollar purse at this year’s RBC Canadian Open, the winner at Oakdale will have also earned 500 FedEx Cup points in the season-long race to East Lake and the Tour Championship in the Autumn.

The golfing world turns its focus towards the third major of the year next week and Los Angeles Country Club for the 123rd playing of the U.S. Open.

RBC Canadian Open Purse And Prize Money

The tournament returns to the PGA Tour for the first time since 2019, and there's an increased purse to play for

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2022 RBC Canadian Open Prize Money

The RBC Canadian Open returns to the PGA Tour schedule for the first time since 2019 after Covid-related restrictions thwarted plans to stage it in 2020 and 2021.

Three years ago, Rory McIlroy shot 61 as he cruised to victory, finishing seven shots ahead of runners-up Shane Lowry and Webb Simpson to claim the $1.36m first prize from a purse of $7.6m. The Northern Irishman will be back to defend his title this year as part of a strong field including World No.1 Scottie Scheffler , PGA Champion Justin Thomas , Players Champion Cameron Smith and Sam Burns, who has two PGA Tour wins in 2022 so far, including the recent Charles Schwab Challenge .

McIlroy’s win in 2019 came at Hamilton, but if he’s to successfully defend his title, he’ll have to do it at a different venue – St George’s. The course first hosted the Canadian Open in 1933, but it’s only been the venue for the tournament a handful of times, most recently in 2010. That’s largely thanks to the tricky logistics of its location in a densely populated neighbourhood of Toronto.

Not that you’d know the course was so close to city life once you’re on it. Undulating greens and picturesque, winding fairways abound. Meanwhile, highlighting its rare beauty, the course also has sanctuary status, having been designated as a Certified Audubon Cooperative Sanctuary in 2010.

Whoever wins the tournament will have to reckon with four of the toughest finishing holes they'll find anywhere. The long 15th features a hilltop green. Next, the par 3 16th has rear bunkers at the back of the green, meaning accuracy is crucial. The par 4 17th has a narrow green and bunkers to challenge any level of golfer. Finally, the 18th par 4 is uphill all the way, with a sloping green surrounded by bunkers against the backdrop of the stately and historic clubhouse. 

As well as the memorable venue and strong field, there is also a sizeable tournament purse, with the overall prize money increasing to $8.7m. The player who wins the tournament will earn $1.56m. Usually the PGA Tour would offer the largest prize money of the week by some way but not this week. That's because of the opening LIV Golf Invitational Series tournament taking place at London's Centurion Club at the same time, with a huge $25m prize money up for grabs .

The full tournament prize money breakdown is below.

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Where Is The RBC Canadian Open This Year?

The  Canadian Open will be held at St George's in Toronto. The course previously held the tournament five times between 1933 and 2010. St George's has also hosted five Canadian Women’s Opens and was the venue for the golf tournament in the 2017 Invictus Games. 

How Much Is The Purse For The 2022 RBC Canadian Open?

The purse for the 2022 RBC Canadian Open is $8.7m. That is an increase of $1.6m from the last time the tournament was held, in 2019. Covid-related restrictions meant the tournament was cancelled in  2020 and 2021. 

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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RBC Canadian Open

Nick Taylor can't believe he just became a national hero, but he'll take it

Minas Panagiotakis

A week that started with tumult and uncertainty ended with jubilation and relief as Nick Taylor ended one of the longest droughts in golf, sending an entire golf nation into a frenzy. The 35-year-old held off an assortment of pursuers in regulation Sunday, then topped Tommy Fleetwood on the fourth hole of a playoff by draining a 72-foot putt for eagle at Oakdale Golf & Country Club, becoming the first Canadian to win the RBC Canadian Open in 69 years.

It was the longest putt Taylor has made in his nine-year PGA Tour career , creating one of the most memorable moments in Canadian sports history.

“For that to go in is unbelievable,” an emotional Taylor said immediately after, with the home gallery still in hysterics. “I don’t know what to say.”

On Tuesday, news unexpectedly broke that the PGA Tour and Saudi Arabia’s Public Investment Fund had announced intentions to create a new for-profit venture , a surprising turn of events after tour commissioner Jay Monahan had vowed for more than a year that the tour wouldn’t do business with the group that had pilfered some of its biggest names to help create the LIV Golf League.

On Sunday, Taylor was holding the RBC Canadian Open hardware just outside Toronto, after capturing his third tour title, with the adoring fans serenading the new champion. Canadian PGA Tour pros Corey Conners, Adam Hadwin and Mike Weir waited anxiously with the masses, hanging on every moment during the four playoff holes. They were not going to miss history.

“This is for all the guys who are here, this is for my family at home,” Taylor said. “This is the most incredible feeling ever.”

The drama capped a crazy four days for the British Columbia native. Taylor shot 75 on Thursday and was tied for 120th place. Rounds of 67-63 got him into contention on Sunday, where he actually held a three-shot lead for a moment in the middle of the round. But Fleetwood, Tyrrell Hatton, Aaron Rai and C.T. Pan, among others began making birdies, and it was clear that Taylor was not going to run away with his national open.

After a bogey on the 16th hole, Taylor birdied the last two holes to top Hatton by one for the clubhouse lead at 17 under, making a 12-footer on the final hole. But Fleetwood, a European Ryder Cup stalwart searching for his first PGA Tour victory in 119 starts, stormed back and birdied Nos. 16 and 17 to tie Taylor. Fleetwood played a nervy 18th hole in regulation and made par, sending the tournament into a playoff.

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Of course, the playoff turned downright nutty. It started raining and continued the entire time.

Both men were short right of the green in two shots on 18 the first time but both got up and down for birdie, Taylor with a chip shot to five feet and Fleetwood by draining a 20-footer. The second time both men, again playing the 18th hole, made par after nervy approach shots. Then they marched to the par-3 ninth hole and hit tee shots to similar distances, around 15 feet, but both two putted for par.

Finally, on the fourth playoff hole, back on the par-5 18th, Fleetwood faced 12 feet for birdie and Taylor was 72 feet away for eagle, having reached the green in two. With the whole country holding its collective breaths, Taylor made the putt for eagle, sending the adoring gallery, Taylor and his caddie Dave Markle, into a celebration that’ll likely last well into the Canadian night.

“It’s huge for our game,” Weir said.

With victory on Sunday, Taylor is the first Canadian to win the national Open since Pat Fletcher in 1954.

Pat Fletcher was the last Canadian to win the Canadian Open, doing so in 1954. Since records began being kept in earnest in 1983, only one player has been T-120 or worse in a PGA Tour event after the first round and gone on to win—Ian Poulter at the 2018 Houston Open. He opened with 73 then shot 64-65-67 and topped Beau Hossler in a playoff.

"It was the most incredible atmosphere I've ever been a part of and it's not even close," Taylor said. "I think even walking the first tee today, walking to the first green, there's ovations on every single tee and green. When Tommy would miss and they would cheer I kind of felt bad for him. But I knew just how pumped they were and they were trying to put every ounce of energy into it to help me pull it through.

"I blacked out when that ball went [on the fourth playoff hole] with Dave. So I'm curious to watch what we did. I don't even remember what we did. But that was an incredible moment."

Historical significance aside, the victory was just another piece of a golf résumé that continues to impress. Taylor won both the Canadian Junior (2006) and Canadian Amateur (2007) in consecutive years as a youth and was a standout in college at the University of Washington, being named Player of the Year twice in what was then called the Pac-10 Conference. He was a three-time All-American and won the Ben Hogan Award in 2010 as college golf's best player.

As a professional, the Canadian Open win is his third on tour, following the Sanderson Farms Championship in 2014 and the AT&T Pebble Beach Pro-Am in 2020. He's the fourth Canadian to win on the PGA Tour this year, following Mackenzie Hughes, Adam Svensson and Conners and he's up to a career-high 44th in the Official World Golf Ranking. He had missed his previous two cuts.

For Fleetwood, he’ll continue searching for that first tour title after yet another near miss. After opening with consecutive rounds of 70, a third-round 64 vaulted the Englishman directly into contention. The final-round 67 was good enough to get into the playoff this time, but he may have a couple sleepless nights thinking about how lackluster he played the 18th hole in regulation.

All Tommy Fleetwood could do was smile after Nick Taylor's dramatic putt dropped, leaving the Englishman still in search of his first career PGA Tour title.

Vaughn Ridley

“Nice moment for Nick and the fans here,” said Fleetwood, with Hatton, Justin Rose and Shane Lowry watching the playoff to show support. “It’s great to be a part of that Sunday and that playoff. I had my chances, really. It wasn’t to be this time.”

Hatton birdied the last four holes to shoot an eight-under 64, which included a double bogey on the eighth hole. He was a shot out of the playoff. Rai (67) and Pan (70) were tied for third place with Hatton. Eric Cole made nine birdies to shoot 63 and jumped 18 positions on the leaderboard to tie for sixth place with Mark Hubbard.

It was another Sunday disappointment for Rory McIlroy. The World No. 3 entered the final round two shots off the lead and with a chance to win for the second consecutive week. Last week at the Memorial Tournament he shot a final-round 75 to tumble from contention. In Canada, he made consecutive bogeys on Nos. 5 and 6 to quickly drop out of contention again and ultimately shot 72 to tie for ninth place.

McIlroy was the two-time defending champion in Canada and a victory by him would've been significant for the game heading into the U.S. Open next week at Los Angeles Country Club. But it's difficult to be disappointed with the way this prestigious tournament ended. A golf-crazed nation was rewarded with the victory that it had so desperately wanted for seven decades.

And Nick Taylor will never have to buy a beer in his beloved Canada ever again.

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Money game: How much do Tour winners actually keep from each check?

For every professional golfer, taxes are par for the course, but many elite players also have numerous other payouts to make from each check.

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Back in late April, a week after last year’s taxes were due to Uncle Sam, Talor Gooch won a LIV Golf event in Adelaide, Australia. His post-victory comments on a golf podcast made as much news as the victory itself.

“I am by no means complaining,” Gooch said, merely noting that “it sucked that 47 and a half percent” of his $4 million top prize was withheld for Australian taxes, so “once you cut it all up, let’s just say that it’s a lot less than four.” It was, the Midwest City, Okla., native said, “a little bit disheartening.”

Whether one saw this as the second coming of Marie Antoinette’s infamous “Let them eat cake” or an all-too-relatable lament of workers everywhere, it brought to the fore a question every golf fan has had watching an oversize check being hoisted aloft: How much does the winner actually take home? Trophies and record books are great, but what’s the bottom line?

Gooch will have known from his prior stint on the PGA Tour, where he won the 2021 RSM Classic, that taxes aren’t just the price we pay for a civilized society (per Oliver Wendall Holmes Jr.). They’re par for the course on any circuit for winners and for the vanquished (except for the missed-cutters who make bubkes for the week… something Gooch needn’t worry about anymore on the no-cut LIV — nor competitors in eight designated no-cut, limited-field, “elevated” PGA Tour events, too, starting in 2024).

But, when it comes to taxes, what is par for the course?

Well, mate, each foreign country has its own rules; there can be foreign withholding in Mexico (7 percent), Canada (15 percent), and the UK (18 to 20 percent) too. If the tournament is on American soil, it likewise depends on where the win occurs.

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“California is the toughest,” says one veteran golf agent who requested anonymity. “It withholds 7 percent of the check right off the bat.”

Other places that typically withhold include Louisiana, Massachusetts, North Carolina and South Carolina, and Ohio’s Dublin/Columbus withholds city taxes for The Memorial tournament. While other states, such as Hawaii, Florida, Arizona, New York and Texas, don’t withhold, that doesn’t mean there is no tax filing requirement later.

Regardless of the host setting, the PGA Tour notes, it is “required to adhere to all local, state, federal and foreign laws and regulations set forth by government agencies and their related tax authorities when income is paid to professionals. PGA Tour withholds taxes and reports on all income, where required by law.”

Golfers and their accountants and advisers know full well that they, too, must mark down the right numbers on the scorecard. Joe Pros wishing to decrease their tax burden do have an option that should also be familiar to Joe Blows, namely, put some of that pretax income into a retirement plan. According to the PGA Tour, its members, as well as those on PGA Tour Champions and the Korn Ferry Tour, have the option to participate in an elective retirement plan in which they can defer prize money into a retirement account, with deferrals limited by annual IRS limits.

“We recommend 100 percent of our clients max out that elective plan,” says Joe McLean, senior managing director for MAI Capital Management, which counts three-time PGA Tour winner Cameron Champ among its clients. “That’s ‘old person money,’ but it’s important to do that as early as you possibly can to use the time value of money. Check the box, make sure you’re paying yourself first and save on taxes too.”

As such, McLean’s firm always immediately puts sufficient prize money into a tax savings account to earn interest on it until those taxes are due.

“There’s very little guaranteed money in golf, and the income will spike up and down quite substantially,” he says. “If you don’t stay hyper-organized in terms of the money going in and out of your life, you can find yourself not having saved enough money to pay your taxes.”

The PGA Tour also sponsors nonelective retirement plans — the FedExCup Bonus Plan, Cuts Plan ($4,500 for each of the first 15 cuts made in a season, twice that for each additional cut) and PGA Tour Champions Plan. Contributions to these are in addition to any prize money earned and made after the season concludes. Speaking of which, win the FedExCup’s $18 million top prize in 2023 and $17 million is in cash and $1 million goes to the player’s FECBP (see chart above).

Withholdings notwithstanding, our tournament champion is still looking at a healthy lump sum. While there’s something appealingly primal about those big poker tournaments where organizers dump the millions at stake onto the table before the last two competitors play Heads-up, professional golf is a more buttoned-up affair. The Tour pays its players via several common payment types, including direct deposit, wire transfer and check, underscoring that it “makes every effort to minimize paper waste and encourages electronic payment to all professionals.” (Waste management: It’s not just for the Phoenix Open.)

Golfers and their accountants know full well that they, too, must mark down the right numbers on the scorecard.

To those pros, cleanliness is no doubt a distant runner-up to timeliness when it comes to getting their dough. The PGA Tour pays professionals for all income — official, unofficial or secondary event money — net of any withholdings as required by law and retirement contributions if elected “as soon as commercially feasible.” Typically, that’s by close of business the Tuesday after a Sunday finish.

“Look in your account on Wednesday and it’s there, like clockwork, just like your GOLF magazine paycheck,” says the agent, kind enough not to add, “only with more zeros.”

Taxes and retirement plans are far from the only takeaways from the take-home side of the winner’s ledger. For a win, it’s industry standard for 10 percent of the top prize to go to the bagman. That’s above and beyond the caddie’s weekly base fee, which ranges from $1,000 to $2,500 or so, and a step up from the 8 percent bonus for a top-10 finish and 6 percent on everything else in the money.

Nor does victory mean a week off from the player’s normal expenses, just a greater ability to pay them. To invert the old saying, failure may be an orphan, but success has a thousand fathers (John F. Kennedy, post–Bay of Pigs fiasco, via the historian Tacitus). Swing, short-game, mental and data coaches still need to be paid. And they might not only expect a little something extra, you know, for the successful effort, but be contractually obligated in that regard — many now work on a performance-based percentage rather than a weekly retainer. Then there are physical trainers, massage therapists, personal chefs and such to keep a player healthy.

“Professional service fees might be as much as 8 to 13 percent of a player’s earnings in a normal week,” notes McLean. (He sometimes recommends supplemental disability insurance beyond the Tour’s $10,000 a month plan, because an injured player’s bills keep coming regardless.) Not all Tour players have all these workers in their retinue, but most have at least some, sometimes, and they can each run $2,000 to $5,000 a week.

So, in sum: To the winner go the spoils (William L. Marcy, U.S. politician) …  and, yes, the taxes and other bills too. Still, don’t be disheartened, champ. It’s safe to say that going the deepest into red numbers for the week on the course leaves your bank account well into the black.

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A former executive editor of  GOLF Maga­zine , Rothman is now a remote contract freelancer. His primary role centers around custom publishing, which en­tails writing, editing and procuring client approval on travel advertorial sections. Since 2016, he has also written, pseudonymously, the popular “Rules Guy” monthly column, and often pens the recurring “How It Works” page. Rothman’s freelance work for both GOLF and  GOLF.com runs the gamut from equipment, instruc­tion, travel and feature-writing, to editing major-championship previews and service packages.

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2024 masters prize money payout: largest purse, winner’s share in history.

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AUGUSTA, Ga. – The Masters champion will take home $3.6 million on Sunday evening, the largest first-place prize in tournament history.

The total purse is $20 million, up from $18 million a year ago when Jon Rahm won $3.24 million for securing his first green jacket.

Solo 11th or better will take home at least a half-million dollars.

Masters purse up to $20 million, $3.6 million of that to the champion pic.twitter.com/rslQx21AlA — Brentley Romine (@BrentleyGC) April 13, 2024

The $20 million purse ties the Masters for the second highest on the PGA Tour so far this season, behind only the $25 million Players Championship, where $4.5 million went to winner Scottie Scheffler.

Masters 2024: Prize money payouts at Augusta National

I t says something about what it means to compete in the Masters that players aren’t thinking twice about the fact they have no idea what the prize money payouts were this week at Augusta National before teeing off in the opening round. Club officials don’t officially announce the purse until after a cut is made in the tournament. Frankly, the chance to win a green jacket, a spot in the Champions Locker Room and a lifetime exemption into the major are enough reward to make it worth everybody’s while.

That said, the uncertainty was ended on Saturday when the club officially announced this year’s prize money payout. For the third straight year, the overall purse at the Masters is increasing, growing to $20 million with the winner earning $3.6 million. This brings it in line with the $20 million purses offered in the PGA Tour’s new signature events as well as the $20 million paydays being played for individually on the LIV Golf circuit.

RELATED: A brief history of the Masters prize money payout

This year’s prize payout is a bump from the $18 million the Masters offered in 2023, and up from $15 million in 2022. Amazingly, too, it was only three years ago that the overall purse was just $12 million. That’s a 66-percent increase in just three years’ time.

The Masters now matches the U.S. Open as the top paying men’s major championship, with the USGA also paying $20 million in prize money during last year’s championship at LACC. The PGA Championship bumped up its purse last year at Oak Hill to $17.5 million and the Open Championship paid $16.5 million at Royal Liverpool in 2023. All the majors are currently dwarfed by the Players Championship, which paid out $25 million in March with winner Scottie Scheffler earning $4.5 million.

Below is that payouts for everybody who made the cut this week at Augusta National. Come back shortly after the end of the event on Sunday when we’ll update the list with individual names and paydays.

Win: $3,600,000

2: $2,160,000

3: $1,360,000

4: $960,000

5: $800,000

6: $720,000

7: $670,000

8: $620,000

9: $580,000

10: $540,000

11: $500,000

12: $460,000

13: $420,000

14: $380,000

15: $360,000

16: $340,000

17: $320,000

18: $300,000

19: $280,000

20: $260,000

21: $240,000

22: $224,000

23: $208,000

24: $192,000

25: $176,000

26: $160,000

27: $154,000

28: $148,000

29: $142,000

30: $136,000

31: $130,000

32: $124,000

33: $118,000

34: $113,000

35: $108,000

36: $103,000

37: $98,000

38: $94,000

39: $90,000

40: $86,000

41: $82,000

42: $78,000

43: $74,000

44: $70,000

45: $66,000

46: $62,000

47: $58,000

48: $54,800

49: $52,000

50: $50,400

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2024 Masters odds: Surprising PGA picks, Sunday predictions from golf model that's nailed 10 majors

Sportsline's golf model ran 10,000 simulations of the final round of the masters 2024 at augusta national golf club.

The top of the 2024 Masters leaderboard is full of intriguing storylines heading into Sunday. Leader Scottie Scheffler is looking for his second green jacket in three years and he leads the pack at 7 under. He's being chased by a pair of notable names looking for their first Masters win as Collin Morikawa (-6) and Max Homa (-5) are within two strokes. Masters debutant Ludvig Aberg (-4) and 12-time pro winner Bryson DeChambeau (-3) are also within four strokes of the lead. The Masters Round 4 tee times begin at 9:15 a.m. ET and the final group will get underway at 2:35 p.m. ET.

Scheffler is the -105 favorite (risk $105 to win $100) in the latest 2024 Masters odds for Sunday. Morikawa (+350), Homa (+550), Aberg (+1000), DeChambeau (+1800) and Xander Schauffele (+2500), who is five shots off the lead, are the only other golfers going off lower than +9000. Before locking in any 2024 Masters Sunday picks, be sure to  see the 2024 Masters predictions and projected leaderboard from the proven computer model at SportsLine .

SportsLine's proprietary model, built by DFS pro Mike McClure, has been red hot since the PGA Tour resumed in June 2020. In fact, the model is up nearly $9,500 on its best bets since the restart, nailing tournament after tournament.

McClure's model predicted Scottie Scheffler would finish on top of the leaderboard at the Arnold Palmer Invitational and The Players Championship this season. McClure also included Hideki Matsuyama in his best bets to win the 2024 Genesis Invitational. That bet hit at +9000, and for the entire tournament, McClure's best bets returned nearly $1,000.

The model also predicted Jon Rahm would be victorious at the 2023 Sentry Tournament of Champions and The American Express. At the 2023 Masters, the model was all over Rahm's second career major victory heading into the weekend. Rahm was two strokes off the lead heading into the third round, but the model still projected him as the winner. It was the second straight Masters win for the model, which also nailed Scheffler winning in 2022.

In addition, McClure's best bets included Nick Taylor (70-1) winning the 2023 RBC Canadian Open, Jason Day (17-1) winning outright at the 2023 AT&T Byron Nelson and Rickie Fowler (14-1) finishing on top of the leaderboard at the 2023 Rocket Mortgage Classic. This same model has also nailed a whopping 10 majors entering the weekend. Anyone who has followed it has seen massive returns.

Now that three rounds are in the books at the 2024 Masters, SportsLine simulated the final round 10,000 times, and the results were surprising. Head to SportsLine now to see the projected 2024 Masters leaderboard .

Top 2024 Masters predictions 

One surprise the model is calling for at the 2024 Masters: Homa, who enters Sunday in third place and with the third-lowest odds, barely finishes in the top five. He's a golfer to fade on Masters Sunday.

Homa's presence near the top of the leaderboard is largely thanks to his 67 on Friday. He's shot even par since that point and has lost ground on the leaderboard after being the co-leader through 36 holes. Homa will likely need to pick up at least a few strokes to be in contention on Sunday, and he's only shot better than 70 one time in the final round of his last five events. The model has found better values among the top 2024 Masters contenders. 

Another surprise: Aberg, a +1000 longshot, makes a strong run at the title. He has a much better chance to win it all than his odds imply, so he's a target for anyone looking for a huge payday. Aberg, the runner-up for 2023 PGA Rookie of the Year, has been a force early in 2024. He has three top-10 finishes, including a runner-up performance at Pebble Beach. He's finished outside the top 30 just once all season.

History is working against him at Augusta since a debutant hasn't won the Masters since 1979. However, Aberg shook off a first-round 73 to go a combined 5 under on Friday and Saturday, putting him just three shots off the lead entering Sunday. His combined Round 2 and Round 3 scores were better than Scheffler, Homa and Bryson DeChambeau, so if he keeps that pace on Sunday, he'll have a shot at putting on the green jacket.  See who else to pick here .

How to make 2024 Masters picks

The model is targeting multiple huge longshots who are set to make surprising runs, including one golfer who enters Round 4 several shots off the lead. Anyone who backs these longshots could hit it big. You can only see the model's Masters picks here .

So who will win the Masters 2024, and which longshots stun the golfing world? Check out the 2024 Masters odds below and then visit SportsLine to see the projected 2024 Masters leaderboard, all from the model that's nailed 10 golf majors, including last year's Masters and Open Championship .

2024 Masters odds, field

See full Masters 2024 picks, best bets and predictions here .

Scottie Scheffler -105 Collin Morikawa +350 Max Homa +550 Ludvig Aberg +1000 Bryson DeChambeau +1800 Xander Schauffele +2500 Cameron Smith +9000 Nicolai Hojgaard +10000 Tommy Fleetwood +10000 Cameron Young +12500 Cam Davis +15000 Byeong Hun An +22500 Patrick Cantlay +27500 Matthew Fitzpatrick +75000 Patrick Reed +100000 Lucas Glover +100000 Adam Schenk +100000 Chris Kirk +200000 Matthieu Pavon +200000 Rory McIlroy +250000 Joaquin Niemann +250000

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