us golf tour money list

• CBSSports.com
• Fanatics Sportsbook
• CBS Sports Home
• Champions League
• Motor Sports
• High School
• Horse Racing 

Men's Brackets

Women's Brackets

Fantasy Baseball

Fantasy football, football pick'em, college pick'em, fantasy basketball, fantasy hockey, franchise games, 24/7 sports news network.

• CBS Sports Golazo Network
• PGA Tour on CBS
• UEFA Champions League
• UEFA Europa League
• Italian Serie A
• Watch CBS Sports Network
• TV Shows & Listings

The Early Edge

A Daily SportsLine Betting Podcast

With the First Pick

NFL Draft is coming up!

• Podcasts Home
• The First Cut Golf
• Beyond the Arc
• Eye On College Basketball
• NFL Pick Six
• Cover 3 College Football
• Fantasy Football Today
• My Teams Organize / See All Teams Help Account Settings Log Out

PGA Tour Money List

Get The Newsletter

• HeadlineToGo
• Inside the Boardroom
• Sneaker Game

About Boardroom

Boardroom is a sports, media and entertainment brand co-founded by Kevin Durant and Rich Kleiman and focused on the intersection of sports and entertainment. Boardroom’s flagship media arm features premium video/audio, editorial, daily and weekly newsletters, showcasing how athletes, executives, musicians and creators are moving the business world forward. Boardroom’s ecosystem encompasses B2B events and experiences (such as its renowned NBA and WNBA All-Star events) as well as ticketed conferences such as Game Plan in partnership with CNBC. Our advisory arm serves to consult and connect athletes, brands and executives with our broader network and initiatives.

Recent film and TV projects also under the Boardroom umbrella include the Academy Award-winning Two Distant Strangers (Netflix), the critically acclaimed scripted series SWAGGER (Apple TV+) and Emmy-nominated documentary NYC Point Gods (Showtime).

Boardroom’s sister company, Boardroom Sports Holdings, features investments in emerging sports teams and leagues, including the Major League Pickleball team, the Brooklyn Aces, NWSL champions Gotham FC, and MLS’ Philadelphia Union.

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.

Get on our list for weekly sports business, industry trends, interviews, and more.

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.

How Verizon Tackles Connectivity in Detroit During the 2024 NFL Draft

The Digital Athlete: How the NFL & AWS Leverage Data to Keep Players Safe

Microsoft Gambles Big With $1.5B Investment in Foreign AI Firm

The Jordan Luka 3: A Design Driven by Dončić

Andre Ward is Still Writing His Story

Chet Holmgren Has Been Studying the Sneaker Game for Years 

Sign up for Boardroom’s newsletters to get the biggest stories in the business of sports, music, and entertainment directly in your inbox, daily.

Subscribe for the biggest stories in the business of sports and entertainment, daily.

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.

• searchSportsTeamPlayers...

Live Sports

Communication error please reload the page.

F1 - Abu Dhabi GP

• Full results

ESPN Other Live >>

About cookies.

To help make this website better, to improve and personalize your experience and for advertising purposes, are you happy to accept cookies and other technologies.

• CBSSports.com
• Fanatics Sportsbook
• CBS Sports Home
• Champions League
• Motor Sports
• High School
• Horse Racing 

Men's Brackets

Women's Brackets

Fantasy Baseball

Fantasy football, football pick'em, college pick'em, fantasy basketball, fantasy hockey, franchise games, 24/7 sports news network.

• CBS Sports Golazo Network
• PGA Tour on CBS
• UEFA Champions League
• UEFA Europa League
• Italian Serie A
• Watch CBS Sports Network
• TV Shows & Listings

The Early Edge

A Daily SportsLine Betting Podcast

With the First Pick

NFL Draft is coming up!

• Podcasts Home
• The First Cut Golf
• Beyond the Arc
• Eye On College Basketball
• NFL Pick Six
• Cover 3 College Football
• Fantasy Football Today
• My Teams Organize / See All Teams Help Account Settings Log Out

PGA Tour Money List

Zurich Classic of New Orleans

TPC Louisiana

Payday in Phoenix

Here's the prize money payout for each golfer at the 2023 Charles Schwab Cup Championship

Steven Alker enjoyed a million-dollar afternoon on Sunday at Phoenix Country Club. The 52-year-old New Zealander was the last man standing at the Charles Schwab Cup Championship, the finale of the 2023 season on the PGA Tour Champions, when he held off Stephen Ames and Ernie Els by a shot with a final-round 70 for an 18-under 266 total.

The victory, Alker’s second of the year and seventh for his career on the senior circuit, earned him a first-place prize money payout of $528,000. It also allowed Alker to jump into second place on the season-long Charles Schwab Cup points list, which was worth another $500K in bonus money.

Nice work if you can get it.

Also winning $1 million on Sunday was Steve Stricker, despite the fact he wasn’t in the field this week. Stricker had an excused absence with his father being admitted— and thankfully released —from the hospital during the week. And while his peers were sending their best wishes to the Stricker family, not having to deal with the man who won six times and finished second an additional five times in 16 senior starts made things a bit easier in the Arizona desert.

Here's how the season-long bonus money shook out.

1: Steve Stricker, $1 million

2: Steven Alker, $500,000

3: Ernie Els, $300,000

4: Padraig Harrington, $200,000

5: Bernhard Langer, $100,000

And below is the prize money payout for each golfer who competing this week at Phoenix C.C.

Win: Steven Alker, 266/-18, $528,000

T-2: Stephen Ames, 267/-17, $276,000

T-2: Ernie Els, 267/-17, $276,000

T-4: Richard Green, 270/-14, $165,375

T-4: Padraig Harrington, 270/-14, $165,375

T-4: Thongchai Jaidee, 270/-14, $165,375

T-4: Vijay Singh, 270/-14, $165,375

T-8: Alex Cejka, 271/-13, $87,000

T-8: K.J. Choi, 271/-13, $87,000

T-8: Jerry Kelly, 271/-13, $87,000

T-8: Bernhard Langer, 271/-13, $87,000

T-12: Retief Goosen, 272/-12, $70,500

T-12: Y.E. Yang, 272/-12, $70,500

14: Miguel Angel Jiménez, 274/-10, $66,000

T-15: Harrison Frazar, 275/-9, $61,500

T-15: David Toms, 275/-9, $61,500

17: Dicky Pride, 276/-8, $57,000

T-18: Billy Andrade, 277/-7, $51,000

T-18: Joe Durant, 277/-7, $51,000

T-20: Marco Dawson, 278/-6, $39,000

T-20: Colin Montgomerie, 278/-6, $39,000

T-22: Paul Broadhurst, 280/-4, $31,500

T-22: Paul Stankowski, 280/-4, $31,500

T-24: Steve Flesch, 281/-3, $27,750

T-24: Justin Leonard, 281/-3, $27,750

26: Charlie Wi, 282/-2, $25,500

T-27: Darren Clarke, 283/-1, $23,250

T-27: Ken Duke, 283/-1, $23,250

29: Rob Labritz, 284/E, $21,750

T-30: Mark Hensby, 285/+1, $19,875

T-30: Robert Karlsson, 285/+1, $19,875

T-30: Brett Quigley, 285/+1, $19,875

T-30: Ken Tanigawa, 285/+1, $19,875

34: Mike Weir, 286/+2, $18,000

35: Rod Pampling, 292/+8, $17,250

More from Golf Digest

Trending now.

• Share on Facebook
• Share on Twitter
• Share by Email

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.

Getty Images

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.” 

Latest In News

2024 zurich classic thursday tv coverage: how to watch round 1, greg norman says liv is 'open-minded' to 1 major change, he became an augusta national meme. here's what that was like, lpga players to receive techy perk with new nikon partnership.

Zak is a writer at GOLF Magazine and just finished a book about the summer he spent in St. Andrews .

• Author Twitter Account
• Author Instagram Account

Related Articles

2024 zurich classic thursday tee times: round 1 groupings, rory mcilroy to make unexpected return to pga tour policy board: report, 2024 zurich classic of new orleans odds: our long-shot pick for this week's team event, 2024 zurich classic of new orleans: how to watch, tv coverage, streaming info, tee times, 'daddy, did you make the cut': pro answers his kids' tough questions with 8th pga tour win, 2024 rbc heritage monday finish tv coverage: when it starts, how to watch, 2024 rbc heritage saturday tee times: round 3 pairings, 2024 rbc heritage friday tv coverage: how to watch round 2.

LIV Golf Money List: How Much Every Player Has Earned In 2024

The LIV Golf League is known for the big money its players can win - here is what each player has claimed so far this season

• Sign up to Golf Monthly Newsletter Newsletter

After LIV Golf Miami , the 2024 League season has now seen five events, each offering a purse of $25m. Of that, $20m is distributed among the players and another $5m is invested in the top three teams at each tournament.

Even with the PGA Tour's signature events, which regularly offer purses of $20m or more, there is no other circuit that promises greater financial rewards than LIV Golf, with even those finishing bottom of the leaderboard guaranteed payment. 

However, while there is $50,000 to the lowest-placed finisher after each event, the top end of the leaderboard is where the real riches are, with the winner of each tournament banking $4m.

Chilean Joaquin Niemann got his season off to a flying start with victory in a thrilling playoff over Sergio Garcia in Mexico, and he followed that up with another first-place finish in Jeddah to become an early contender for the Individual Championship. 

A T9 at Trump National Doral ensures he remains top of the money list after five events with $9,445,500, but Stinger GC player Dean Burmester's win at LIV Golf Miami means he's now right behind Niemann on the list, albeit having earned over $3m less. 

Dean Burmester is up to second on the money list after his win in Miami

Another player enjoying a solid season is 2017 Masters champion Sergio Garcia . Burmester edged the Fireballs GC captain into runner-up in Miami - the second time he has just missed out on victory this season. 

Despite the fact he's still waiting for his maiden LIV Golf win, though, Garcia claimed another $2.25m for his efforts to leave him third on the money list with total winnings of $5,329,642 for the season to date.

Get the Golf Monthly Newsletter

Subscribe to the Golf Monthly newsletter to stay up to date with all the latest tour news, equipment news, reviews, head-to-heads and buyer’s guides from our team of experienced experts.

Dustin Johnson is fourth on the list thanks largely to his victory at LIV Golf Las Vegas , his third since joining the circuit in 2022. Johnson earned $195,000 for his T24 in Miami, leaving him with prize money of $5,281,786.

LIV Golf Hong Kong winner Abraham Ancer is right behind Johnson after his T9 at the most recent event left him with $5,110,500 in prize money so far this season.

Following the five events so far, there are now 31 LIV Golf players with winnings of over $1m this season, with Majesticks GC co-captain Ian Poulter taking up the last of those places on $1,001,071 after he earned $170,000 for his T29 in Miami.

Further down the money list are big names including two-time Masters champion Bubba Watson on $$920,625 and six-time Major winner Phil Mickelson on $893,750.

Phil Mickelson has yet to reach $1m in prize money for the 2024 season

Here is how the list of earnings for the 2024 season currently stands.

LIV Golf League 2024 Money List

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.

The LPGA Tour pro, who has been on maternity leave since last year, made the announcement on social media

By Mike Hall Published 24 April 24

The 46-year-old had been hoping to make a 99th successive Major appearance at the US Women's Open, but a double blow means her options are slimmer than ever

• Contact Future's experts
• Terms and conditions
• Privacy policy
• Accessibility statement
• Cookies policy
• Advertise with us

Golf Monthly is part of Future plc, an international media group and leading digital publisher. Visit our corporate site . © Future Publishing Limited Quay House, The Ambury, Bath BA1 1UA. All rights reserved. England and Wales company registration number 2008885.

Here's the prize money payout for each golfer at the 2024 Corales Puntacana Championship

B illy Horschel jumped out to an early scorching start with four birdies on the first five holes Sunday to quickly take the lead, one he would never relinquish. Horschel then added another four birdies and an eagle to his scorecard to shoot a final-round 63 and win the Corales Puntacana Championship for his eighth PGA Tour title. The 63 also matched a course record at the Corales course at Puntacana Resort in the Dominican Republic.

Horschel, 37, followed 67-69 with 66-63 over the weekend to end at 23-under-total, two shots ahead of Wesley Bryan, who was looking to go wire-to-wire while playing on a sponsor exemption this week. It was his best finish on tour since 2017.

This marks the sixth time in the previous seven playings of the event that the winner has been in his 30s. Horschel also earned $720,000 from the overall $4 million purse. Bryan earned $436,000.

For Horschel, it was his first victory since the Memorial in 2022, where he topped Aaron Wise by four shots that week.

"This game of golf's so fickle, I think you can put a lot into it and get everything you want out of it," Horschel said. "But I knew in my 14 years, 13 years previously on the PGA Tour that I had the ability, I had the talent, I just needed to continue to work hard and do the right things and continue to believe that good stuff was going to come to the forefront at some point in time."

Horschel was asked about winning an opposite field event for the first time in his career. He was not in the signature events as he finished last season ranked No. 90 in FedEx Cup standings. He entered this week ranked 83rd in the World Ranking, having missed the cut at his last start, the Valero Texas Open two weeks ago.

"The PGA Tour has a lot of tournaments and it's tough for every tournament to get their due," he said. "Opposite field events have been crucial for a lot of players coming up the ranks. Look at Tony Finau, Viktor Hovland winning in Puerto Rico, Matt Wallace won this. So listen, it's another opportunity to play, it's another opportunity to become a better player, to get that win on the PGA Tour.

Also of note, twin brothers Parker and Pierceson Coody both finished inside the top 20. Parker opened with a first-round 66 and ended tied for sixth place at 16 under par. Pierceson opened with consecutive rounds of 67 and tied for 18th place at 12 under par, four shots behind his brother.

Here’s the prize money payout for each golfer who made the cut.

Win: Billy Horschel, -23/265, $720,000

2: Wesley Bryan, -21/267, $436,000

3: Kevin Tway, -19/269, $276,000

T-4: Charley Hoffman, -18/270, $180,000

T-4: Justin Lower, -18/270, $180,000

T-6: Chan Kim, -16/272, $135,000

T-6: Parker Coody, -16,/272 $135,000

T-6: Alex Smalley, -16/272, $135,000

T-9: Peter Kuest, -15/273, $113,000

T-9: Greyson Sigg, -15/273, $113,000

T-11: Matti Schmid, -14/274, $193,000

T-11: Trace Crowe, -14/274, $93,000

T-11: Taylor Pendrith, -14/274, $93,000

T-14: Ben Griffin, -13/275, $71,000

T-14: Michael Kim, -13/275, $71,000

T-14: Rafael Campos, -13/275, $71,000

T-14: Nico Echavarria, -13/275, $71,000

T-18: Jorge Campillo, -12/276, $53,000

T-18: Sean O'Hair, -12/276, $53,000

T-18: Davis Thompson, -12/276, $53,000

T-18: Pierceson Coody, -12/276, $53,000

T-18: Bill Haas, -12/276, $53,000

T-23: Adrien Dumont de Chassart, -11/277, $31,600

T-23: Alex Fitzpatrick, -11/277, $ 31,600

T-23: Patrick Fishburn, -11/277, $ 31,600

T-23 : Callum Tarren, -11/277, $ 31,600

T-23 : Vince Whaley, -11/277, $ 31,600

T-23 : Jacob Bridgeman, -11/277, $ 31,600

T-23 : Alex Noren, -1/277, $ 31,600

T-23 : Jhonattan Vegas, -11/277, $ 31,600

T-23 : Jimmy Stanger, -11/277, $ 31,600

T-23 : Patton Kizzire, -11/277, $ 31,600

T-33: Rico Hoey, -10/278, $22,800

T-33: Chez Reavie, -10/278, $22,800

T-33: Harrison Endycott, -10/278, $22,800

T-36: S.H. Kim, -9/279, $19,450

T-36 : Lanto Griffin, -9/279, $19,450

T-36 : Mark Hubbard, -9/279, $19,450

T-36 : Henrik Norlander, -9/279, $19,450

T-40: Sam Stevens, -8/280, $16,600

T-40: K.H. Lee, -8/280, $16,600

T-40: Max Greyserman, -8/280, $16,600

T-43: Victor Perez, -7/281, $12,680

T-43 : Sam Ryder, -7/281, $ 12,680

T-43 : William McGirt, -7/281, $ 12,680

T-43 : Adam Long, -7/281, $ 12,680

T-43 : Doug Ghim, -7/281, $ 12,680

T-43 : Harry Higgs, -7/281, $ 12,680

T-43 : Matt NeSmith, -7/281, $ 12,680

T-50: Daniel Berger, -6/282, $9,848

T-50 : Jimmy Walker, -6/282, $ 9,848

T-50 : Austin Smotherman, -6/282, $ 9,848

T-50 : Zecheng Dou, -6/282, $ 9,848

T-50 : Chad Ramey, -6/282, $ 9,848

T-55: Tyson Alexander, -5/283, $9,280

T-55 : Wilson Furr, -5/283, $9,280

T-55 : Ryan Palmer, -5/283, $9,280

T-55 : Ben Martin, -5/283, $9,280

T-59: Richy Wrenski, -4/284, $8,960

T-59 : Scott Piercy, -4/284, $ 8,960

T-59 : Brandon Wu, -4/284, $ 8,960

T-59 : Robert Streb, -4/284, $ 8,960

T-63: Tom Whitney, -3/285, $8,720

T-63: James Hahn, -3/285, $8,720

65: Brandon Berry, -2/286, $8,600

66: Scott Gutschewski, -1/287, $8,520

T-67: Troy Merritt, E/288, $8,360

T-67: Joel Dahmen, E/288, $8,360

T-67: Ryan Armour, E/288, $8,360

70: Erik Compton, +3/291, $8,200

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.

PGA Tour Players Learn How Much Loyalty Is Worth in New Equity Program

Players who stayed loyal to the PGA Tour in the divide with Saudi-funded LIV Golf are starting to find out how much that loyalty could be worth

David J. Phillip

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)

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.

Photos You Should See - April 2024

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

Copyright 2024 The  Associated Press . All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation

Tags: Associated Press , sports

America 2024

Health News Bulletin

Stay informed on the latest news on health and COVID-19 from the editors at U.S. News & World Report.

Sign in to manage your newsletters »

Sign up to receive the latest updates from U.S News & World Report and our trusted partners and sponsors. By clicking submit, you are agreeing to our Terms and Conditions & Privacy Policy .

You May Also Like

The 10 worst presidents.

U.S. News Staff Feb. 23, 2024

Cartoons on President Donald Trump

Feb. 1, 2017, at 1:24 p.m.

Photos: Obama Behind the Scenes

April 8, 2022

Photos: Who Supports Joe Biden?

March 11, 2020

‘A Rule for the Ages’

Lauren Camera April 25, 2024

Sale? Ban? What’s Next for TikTok?

Laura Mannweiler April 25, 2024

The Status of the Cases Against Trump

Lauren Camera and Kaia Hubbard April 25, 2024

Economy Slows in First Quarter

Tim Smart April 25, 2024

A ‘Fork in the Road’ for Democracy

Lauren Camera April 24, 2024

Johnson at Columbia: ’Stop the Nonsense’

Aneeta Mathur-Ashton April 24, 2024

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

RBC Heritage

Harbour Town Golf Links

Hilton Head Island, South Carolina • USA

Apr 18 - 21, 2024

.css-1hnz6hu{position:static;}.css-1hnz6hu::before{content:'';cursor:inherit;display:block;position:absolute;top:0px;left:0px;z-index:0;width:100%;height:100%;} WiretoWire: Scheffler goes back-to-back again

Presented by

Scheffler builds gap in FedExCup standings

Scheffler makes remarkable look routine, wins RBC Heritage comfortably

By the numbers: Statistics confirm Scheffler's historical dominance

.css-tplryy{font-family:Suisse Intl,"Helvetica Neue",Helvetica,Arial,sans-serif;font-size:1.9rem;line-height:2.2rem;font-weight:600;letter-spacing:-0.01em;}@media screen and (min-width: 768px){.css-tplryy{font-family:Suisse Intl,"Helvetica Neue",Helvetica,Arial,sans-serif;font-size:2.4rem;line-height:2.8rem;font-weight:600;letter-spacing:-0.02em;}} Recent Videos .css-yjoevz{font-family:Suisse Intl,"Helvetica Neue",Helvetica,Arial,sans-serif;font-size:1.5rem;line-height:1.6rem;font-weight:600;letter-spacing:-0.01em;-webkit-align-self:end;-ms-flex-item-align:end;align-self:end;cursor:pointer;} View All

Scottie Scheffler closes out 72nd hole to cement 10th win at RBC Heritage

Collin Morikawa cuts tee shot at the flag and birdies at RBC Heritage

Sepp Straka draws second tight to set up birdie at RBC Heritage

Sahith Theegala drains 28-foot birdie putt at RBC Heritage

Sepp Straka spins wedge below the hole and birdies at RBC Heritage

Scottie Scheffler's masterful par save at RBC Heritage

Recent news view all, wiretowire: scheffler goes back-to-back again.

Scheffler finishes off another win at RBC Heritage to extend dominant run

Golfbet Recap: Scheffler ‘dialed in like nobody’s business’ after cruising to RBC Heritage win