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The Real PGA Tour Money List for 2023: Rahm, Hovland, McIlroy & More

Scottie Scheffler topped the traditional money list, but that was before $75 million in FedEx Cup payouts — find out who’s truly No. 1 in 2022-23.

Entering the 2023 Tour Championship — the finale of the FedEx Cup Playoffs and by extension this year’s PGA Tour campaign — Scottie Scheffler was on the doorstep of golf history. Already the Tour’s record-holder for single-season tournament winnings at just over $21 million, he had a chance to score some serious style points and nearly double his financial haul.

Due to FedEx Cup regulations, his status as playoff points leader meant that he even got to start out the Tour Championship at Atlanta’s East Lake Golf Club at -10, two strokes ahead of the No. 2 competitor on the leaderboard.

When the dust had settled on Aug. 27, however, Scheffler finished just sixth, though he nonetheless earned a $2 million FedEx Cup payout that wasn’t so far off from the handsome $2.7 million he received for winning The Masters in 2022.

Viktor Hovland, meanwhile? The No. 3 money winner from the regular PGA Tour season increased his annual on-course earnings by an incredible 127% in outlasting the Tour Championship field and claiming the FedEx Cup’s eye-popping $18 million top prize.

That’s a lot to process, to say the least. So, what does the “real” year-end PGA Tour money list look like when a full $75 million in playoff bonuses gets factored in?

We went ahead and crunched the numbers for you — check out Boardroom’s full 2022-23 PGA Tour earnings rundown that combines the traditional money list with the final FedEx Cup payout numbers.

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Combined 2022-23 PGA Tour Money List Earnings & FedEx Cup Payouts

NOTE: Additional bonus money will be handed out to top players later this year when the PGA Tour announces the top finishers for its Player Impact Program, which seeks to rank the most popular golfers on the Tour regardless of tournament performance.

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2022-2023 PGA Tour Money List

Leading money winners on PGA Tour for 2022-2023 season. List of tournament results and prize money won for each player from 2022-2023 tournaments.

PGA TOUR Stat Leaders 2024

Statistics are updated nightly

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2024 Zurich Classic of New Orleans final results: Prize money payout, PGA Tour leaderboard and how much each golfer won

T he 2024 Zurich Classic of New Orleans final leaderboard is headed by winners Rory McIlroy and Shane Lowry , who top the PGA Tour leaderboard this week and with a win at TPC Louisiana in Avondale, La.

McIlroy and Lowry won the two-man team event after they finished tied in regulation on 25-under 263 with Martin Trainer and Chad Ramey, who finished two hours ahead of the Irish duo.

In the playoff hole, played in the alternate-shot format, McIlroy and Lowry made a par on the par-5 18th to the Ramey and Trainer team bogey to win the title.

Garrick Higgo and Ryan Fox finished in solo third, a shot out of the playoff.

McIlroy and Lowry won the $2,572,100 winner's share of the $8,900,000 purse.

Zurich Classic of New Orleans recap notes

McIlroy and Lowry earned no Official World Golf Ranking points with the win in the 72-hole stroke-play championship, as team events do not allow for OWGR points.

McIlroy and Lowry earned 400 FedEx Cup points each, with the PGA Tour points offered at the combined standard level for this event.

A total of 80 (of 160) players finished the tournament after a 36-hole cut was made in this team event.

The 2024 PGA Tour schedule continues next week with the 2024 The CJ Cup Byron Nelson .

2024 Zurich Classic of New Orleans final leaderboard, results Pavond prize money payouts

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The post 2024 Zurich Classic of New Orleans final results: Prize money payout, PGA Tour leaderboard and how much each golfer won first appeared on Golf News Net .

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Payday at Harbour Town

Here's the prize money payout for each golfer at the 2024 RBC Heritage

Andrew Redington

There’s something different about the RBC Heritage at Harbour Town Golf Links in Hilton Head, S.C., primarily because there’s something different about the golf course compared to other venues that host PGA Tour events. It’s easily distinguishable as a Pete Dye design, with the railroad ties and the visual deception that comes into play off the tee and with shots into the green. The course is just 7,099 yards in length, with among the smallest greens on tour. You don’t have to be a bomber to win, and frankly this is a venue where ball-strikers typically thrive.

Consider this list of past winners in the last 25 years:

Stewart Cink, 2000, 2004, 2021

Justin Leonard, 2002

Boo Weekley, 2007, 2008

Brian Gay, 2009

Jim Furyk, 2010, 2015

Matt Kuchar, 2014

Webb Simpson, 2020

Jordan Spieth, 2022

Matt Fitzpatrick, 2023

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Mind you, it didn't matter how the course was set up or who that might have favored—the way Scottie Scheffler has been playing, everyone else is playing each week for second place.

It happened again on Monday morning, Sunday rains delaying the inevitable. Scheffler had a five-shot lead with four holes to play, letting the cushion allow him to bogey the final hole at Harbour Town and still win by three shots with a final-round 68.

Scheffler did it again against another steller field, with the RBC Heritage being among the tour’s signature tournaments—offering a $20 million overall prize money payout with $3.6 million going to the winner—the field includes the top-ranked players on tour. Eight of the top 10 in the OWGR were competing, and 43 of the top 50 overall are in the field. (It’s not just the purse that’s attractive but the fact there’s no cut in the event, guaranteeing a solid payday so long as you play all 72 holes.)

Below is the prize money payout for each golfer at this week’s tournament. Come back shortly after the conclusion of the event and we’ll update this list with individual names and paydays.

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Win: Scotte Scheffler, -19/265, $3,600,000

2: Sahith Theegala, -16/268, $2,160,000

T-3: Wyndham Clark, -15/269, $ 1,160,000

T-3: Patrick Cantlay, -15/269, $ 1,160,000

T-5: Justin Thomas, -14/270, $702,750

T-5: Patrick Rodgers, -14/270, $702,750

T-5: J.T. Poston, -14/270, $702,750

T-5: Sepp Straka, -14/270, $702,750

9: Collin Morikawa, -13/271, $581,000

T-10: Chris Kirk, -12/272, $521,000

T-10: Ludvig Aberg, -12/272, $521,000

T-12: Tony Finau, -11/273, $393,000

T-12: Brian Harman, -11/273, $393,000

T-12: Russell Henley, -11/273, $393,000

T-12: Sungjae Im, -11/273, $393,000

T-12: Seamus Power, -11/273, $393,000

17: Austin Eckroat, -10/274, $321,000

T-18: Rickie Fowler, -9/275, $220,100

T-18 : Andrew Putnam, -9/275, $ 220,100

T-18 : Akshay Bhatia, -9/275, $ 220,100

T-18 : Jason Day, -9/275, $ 220,100

T-18 : Si Woo Kim, -9/275, $ 220,100

T-18 : Brice Garnett, -9/275, $ 220,100

T-18 : Xander Schauffele, -9/275, $ 220,100

T-18 : Tom Kim, -9/275, $ 220,100

T-18 : Stephan Jaeger, -9/275, $ 220,100

T-18 : Tom Hoge, -9/275, $ 220,100

T-28: Harris English, -8/276, $136,500

T-28 : Denny McCarthy, -8/276, $ 136,500

T-28 : Christiaan Bezuidenhout, -8/276, $136,500

T-28 : Mattt Fitzpatrick, -8/276, $ 136,500

T-28 : Thomas Detry, -8/276, $ 136,500

T-33: Kurt Kitayama, -7/277, $106,166.67

T-33 : Alejandro Tosti, -7/277, $106,166.67

T-33 : Lucas Glover, -7/277, $106,166.67

T-33 : Eric Cole, -7/277, $ 106,166.66

T-33 : Erik van Rooyen, -7/277, $ 106,166.66

T-33 : Rory McIlroy, -7/277, $ 106,166.66

T-39: Grayson Murray, -6/278, $86,500

T-39 : Jordan Spieth, -6/278, $86,500

T-39 : Mackenzie Hughes, -6/278, $86,500

T-42 : Webb Simpson, -5/279, $76,500

T-42 : Adam Hadwin, -5/279, $76,500

T-44: Justin Rose, -4/280 $62,660

T-44: Corey Conners, -4/280 $ 62,660

T-44 : Sam Burns, -4/280 $ 62,660

T-44 : Adam Svensson, -4/280 $ 62,660

T-44 : Will Zalatoris, -4/280 $ 62,660

T-49: Cam Davis, -3/281, $49,450

T-49 : Tommy Fleetwood, -3/281, $ 49,450

T-49 : Matthieu Pavon, -3/281, $ 49,450

T-49 : Adam Schenk, -3/281, $ 49,450

T-49 : Nick Taylor, -3/281, $ 49,450

T-49 : Peter Malnati, -3/281, $ 49,450

T-55: Keegan Bradley, -2/281, $46,200

T-55: Max Homa, -2/281, $46,200

T-55: Chandler Phillips, -2/281, $46,200

T-58: Lee Hodges, -1/282, $44,800

T-58 : Erik Barnes, -1/282, $44,800

T-58 : Brendon Todd, -1/282, $44,800

T-58 : Taylor Moore, -1/282, $44,800

T-62: Jake Knapp, E/284, $43,600

T-62: Cameron Young, E/284, $43,600

T-64: Gary Woodland, +1/285, $42,600

T-64: Shane Lowry, +1/285, $42,600

T-64: Emiliano Grillo, +1/285, $42,600

67: Byeong Hun An, +2/286, $41,800

68: Kevin Kisner, +5/289, $41,400

69: Nick Dunlap, +6/290, $41,000

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How much is PGA Tour loyalty actually worth? Pros find out this week

Jordan Spieth and Scottie Scheffler wait on a tee box during The Sentry earlier this year.

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The official word arrived on the last day of January, but it was not exactly news. The PGA Tour had finalized a deal with the Strategic Sports Group for an immediate investment of $1.5 billion into a new, for-profit entity named PGA Tour Enterprises. The names involved were not new — the likes of Steve Cohen, John Henry, Fenway Sports Group, etc., had been reportedly interested for months — but one major addendum was: an equity program.

Now, about three months after the announcement, PGA Tour players are about to find out what their loyalty has been worth. On Wednesday, Tour members will receive an email notifying them of the current value of award grants this program has earmarked for them, be it tens of millions of dollars, or none at all. The 193 eligible recipients will receive a letter from Tour commissioner Jay Monahan, who is the CEO of PGA Tour Enterprises, explaining the number of equity units they receive and the fair market value of said equity. The Tour intends to keep the list of award recipients confidential.

“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 six informational videos the Tour produced for the membership. The videos, which were shared internally with Tour pros and their representatives, were accompanied by infographics, all of which were reviewed by GOLF.com.

In the age of LIV Golf offering mega-millions in contracts to elite golfers, these figures matter, particularly for PGA Tour loyalists who passed on lucrative guaranteed contracts that would be worth more than PGA Tour Enterprises equity could ever offer them.

How much players decide to talk about their individual equity will be up to them, but as you will read below, the total value of each grant differ by player. On the day that specific criteria was announced, it was a hot topic among players.

Which equity group am I in? Wait, which equity group is he in? 

So, how does it work? 

The Tour has announced these equity grants under one specific word: opportunity. Xander Schauffele will not receive a life-size, $50 million check. Players will not see their bank account immediately increase. (In fact, as we’ll explain below, it will take quite some time before that happens.) They will strictly receive a capital interest award for a specific piece of PGA Tour Enterprises. Based on a myriad of factors, players will be ranked via a specific number of “membership units,” akin to stake in a company, the value of which will vest over a specific amount of time. High-performing players will receive a greater stake in PGA Tour Enterprises, which will be home to the Tour’s commercial operations. That’s where SSG’s money is going, which they hope will increase in value of over time. 

How much value are we talking? 

Even if 193 players receive grants, they will not be shared equally. Nick Taylor and Tiger Woods are not going to receive the same cut. The recipients are sectioned into four groups, with Group 1 seeing $750 million in value doled out to 36 players. That’s a little more than 80% of the prize going to just a few dozen pros, which grabbed headlines when it was first reported . In this group will be the kind of players who have rated well in the Player Impact Program, won many tournaments, and won important tournaments — like Signature Events or player-hosted invitationals — with an emphasis on the last five years. 

Why should players own the PGA Tour? This guy knows better than most

A major factor in determining who is in Group 1 and who isn’t was a metric called Career Points, which emphasizes consistency as a Tour member and success throughout a player’s career. Players receive points based on the amount of years they were a PGA Tour member (playing in 15+ events), the amount of times they reached the Tour Championship, their amount of official Tour victories and even extra points for prominent victories (majors, Players Championships, WGCs, FedEx Cup titles, etc.). 

For example, some back-of-the-envelope math tallies up 528 Career Points for Woods, and just 199 for Rory McIlroy. Jordan Spieth and Justin Thomas have both accrued a similar number just shy of 100. All four players are expected to be part of Group 1 and will all receive significant awards, but the difference in Career Points is expected to derive some difference in the value. Bottom line: Woods will receive the greatest grant valuation (potentially by a wide margin) and McIlroy’s will be second.

What if you’re not a premier player? 

The PGA Tour is successful because of those top 36 players, but it is rooted in the existence of many other members who back-fill the fields of the biggest stages in golf, week-in and week-out. An extra $75 million of value will be issued to a total of 64 players considered “steady performers and up-and-comers.” The individual totals of those grants will pale in comparison to the Group 1 grants, and will be based on FedEx Cup points earned over the last three years. Finally, Group 3 members, a total of 57 players, will earn from a pile of $30 million based on tournaments won, career money and number of times finishing in the top 125 of the FedEx Cup. And Group 4 members, who are considered “past legends,” will see 36 players receive their share of $75 million in equity based, again, on Career Points. 

Recipients must be ELIGIBLE

This rules out LIV golfers from earning any of the initial grants, despite some of them helping build the Tour into what it is today. In an alternate universe, Phil Mickelson would have earned the second-highest award grant (behind only Woods), but he will receive nothing because he is not eligible. He is a lifetime member of the PGA Tour but has incurred hefty suspensions from his involvement with LIV Golf. (It is worth wondering: Does this injection of investment and new, for-profit company exist without Mickelson’s help forming LIV Golf? Probably not.)

Even in a world where the PGA Tour comes to an agreement with the Saudi PIF on further investment, this chunk of value will be earmarked for the 193 players who built the popularity of the Tour and continue deriving future value for it, all while remaining loyal. Does it include space for a grant for players like Chesson Hadley, who last June stated he would like to be rewarded for his decision to stay loyal? Hadley has won zero times in the last decade, so he would be hoping for one of the 57 Group 3 grants, which isn’t necessarily likely.

Another important point of eligibility is that recipients must be living. Thirty-six players will receive “Past legends” grants, which cannot be awarded posthumously. Jack Nicklaus is bound to receive a grant. Arnold Palmer cannot.

Players must WORK to receive their grant value

It’s going to be a long time before any Tour players receive the monetary value from these equity grants. The initial grants will vest on an eight-year timeline with multiple checkpoints: 50% of the grant value will vest after four years, with an extra 25% vesting after six years and the final 25% vesting after eight years, but only if players follow the rules. In a world where the PGA Tour and the Saudi PIF do not come to an agreement, Tour players who would leave for LIV (or other unauthorized events) will forfeit any unvested equity.

For the equity to vest, players must “provide services” each year of the vesting schedule. For most, those services are simple: just play PGA Tour events. Fully-exempt players who play 15 or more Tour events annually will meet that year’s requirement. Competing on the Korn Ferry and Champions tours also suffices, with DP World Tour events being approved on a case-by-case basis. In other words, if a fully-healthy McIlroy plays 14 Tour events and the BMW PGA Championship (a marquee event on the DP World Tour), he would need an approval for that final event to count as one of his 15. (It probably would.) 

But what if, say, McIlroy strains an oblique before reaching his 15-event threshold in 2027? He (and players in similar situations battling injuries or lacking Tour status or being over the age of 60) could make up for an under-15-event total by performing a Service Event. Things such as meeting with Tour sponsors or filming a documentary with the Tour, all of which are approved by the Tour. (There is some slight wiggle room in these requirements, where a player could make up for falling just short one year by doing more in the following year.) Even if the nuts and bolts of this program can be complex, the Tour has tried to make it simple: play your golf, and your equity will vest. If life changes and circumstances arise, there are other ways to meet requirements.

Players cannot cash out for years (and they will be taxed)

Players can sell their equity only when it is vested, but they will also be taxed on those vesting dates.

Lance Stover, senior vice president of New Ventures at the Tour, explained a bit of the dollars and cents on the final educational video: “As with all forms of compensation … at each vesting milestone [years 4, 6 and 8 after the initial grants], players will be responsible for paying federal and state income taxes at ordinary income tax rates on the fair market value of the vested awards at the time of vesting.” So players will begin to be taxed on the value of their equity four years from now.

Importantly, the implication — of both the investment from SSG and from equity dished to players — is that PGA Tour Enterprises will continue to increase in value as the Tour moves forward. Almost all major sports leagues and franchises have seen their valuations skyrocket in recent years, and there’s little reason to suggest the PGA Tour would experience anything different, even if TV ratings have dipped in the first part of 2024.

The initial SSG investment valued the PGA Tour at $12.3 billion, and there is clearly still room for future investment from the Saudi PIF . The Tour’s television rights deal runs through 2030, but negotiations for the next deal will begin in just a few years. All of these things can impact the valuation of PGA Tour Enterprises at the point at which player equity would vest.

But wait! There’s more equity

Keen observers will note that these initial grants are devoted only to those who have made the Tour the best place for pros to compete in the world. But what about those who will continue making it the best place for competitive golf? More grants are on the way.

Beginning in 2025, each PGA Tour season will see additional grants awarded to the top performers on Tour — $100 million in grant value will be issued to roughly 20 players each year, based on Career Points (explained above) and Player Impact Program results that year. So someone like, say, Ludvig Aberg , who didn’t play on the PGA Tour during many of the years that formed this initial grant offering, will likely fare well with good performances in the years to come.

The OTHER big idea here 

The PGA Tour wants players to be rewarded for their loyalty, to maintain that loyalty, but also to begin thinking like an owner. Like player-owners, who are focused on the Tour with the actions they make and the words they say. The Tour wants all its constituents rowing in the same direction, and they figure this program should help inspire that shared mindset.

“Owners are motivated to think beyond their personal performance week-to-week and year-to-year,” Gore said in one of the videos. “They have a broader perspective of how their actions can impact the long term health and performance of the Tour in a positive way. One that meets the needs of our fans at every turn. It’s no longer a what’s in it for me as much as it should be what’s in it for the growth of the Tour, which of course could bring more equity value to the players in the long run. It’s a virtuous cycle if we can get it right.” 

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PGA Tour players learn how much loyalty is worth in new equity program

Tiger Woods waves after his final round at the Masters golf tournament at Augusta National Golf Club Sunday, April 14, 2024, in Augusta, Ga. (AP Photo/David J. Phillip)

Rory McIlroy, of Northern Ireland, waves after making a putt on the sixth hole during the second round of the RBC Heritage golf tournament, Friday, April 19, 2024, in Hilton Head Island, S.C. (AP Photo/Chris Carlson)

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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

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2024 rbc heritage prize money payouts for each pga tour player, share this article.

It pays to play well on the PGA Tour. Just ask  this week’s winner, Scottie Scheffler .

The 27-year-old won the 2024 RBC Heritage at Harbour Town Golf Links in Hilton Head Island, South Carolina, on Monday after play was suspended for two-and-a-half hours on Sunday due to inclement weather and then later for darkness. The win is the world No. 1’s fourth in his last five starts and 10th of his PGA Tour career.

Last week Scheffler won $3.6 million at the Masters and he earned another $3.6 million for his win this week in the PGA Tour’s latest big-money signature event. Sahith Theegala, who finished three shots back in second, banked a hefty $2.18 million for his runner-up showing. Patrick Cantlay and Wyndham Clark, who finished T-3 at 15 under, each banked $1.18 million.

With $20 million up for grabs, check out how much money each PGA Tour player earned this week at the 2024 RBC Heritage in Hilton Head.

Prize money payouts

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