The winner of a PGA Tour event gets 18 percent of the purse. Typically, the second place player gets 10.8 percent of the total purse. Then it goes on like that, all the way down to 65th place, which gets 0.215 percent of the total purse. There are a few situations where the PGA Tour doesn't follow its standard purse payout and distribution formula:
| Position | Player | Earnings |
|---|---|---|
| 1 | Cameron Smith | $3,600,000 |
| 2 | Anirban Lahiri | $2,180,000 |
| 3 | Paul Casey | $1,380,000 |
| 4 | Kevin Kisner | $980,000 |
Does a PGA Player pay to get into a tournament?
2 hours ago · Just ask this week’s winners, Patrick Cantlay and Xander Schauffele. The American duo split the top-prize of $2,398,700 ($1,199,350 each) after they …
How does PGA Tour make money?
May 24, 2021 · The purse for the 103rd PGA Championship was set at a record $12 million, a sum that surpasses every other major except the U.S. Open. The champion's prize this year is $2.16 million, and that goes...
What are the expenses of a PGA Tour player?
4 hours ago · Breaking down the Zurich Classic payout for the PGA Tour’s lone team tournament on the schedule for the season to see how the purse is …
How much do PGA Tour golfers make?
13 hours ago · For the first-place team, you add the money an individual champion would make ($1.494 million) to the money the second-place finisher would receive ($904,700), then divide by two to get the amount...
What is the payout for the 2021 Players tournament?
Justin Thomas took home $2.7 million in 2021, and this year's champion will pocket a cool $3.6 million. Over the last 10 years alone the Players purse has doubled in size, and in the event's 48-year history, the purse has been increased 28 times.Mar 7, 2022
How much do golfers take home from winnings?
The standard 18% goes to the winner, which means someone is walking home with $3.6 million. For context, in 1988 Curtis Strange became the first golfer to earn $1 million in a season. For the 2020-21 season, 124 golfers made seven figures all year long.Mar 14, 2022
How much do PGA players make per tournament?
Purse and Winning Share Each PGA Tour event has a purse, which is the total amount of money paid out to the field of players. The tournament then pays each individual player by the order in which they finished. The average PGA Tour purse for 2022 is $9.1 million.
What does the winner of the PGA get paid?
Last month's Players Championship, the most prestigious event held by the PGA Tour, had a record $20 million purse. Winner Cameron Smith took home $3.6 million, while runner-up Anirban Lahiri won $2.18 million. Last year's Masters champion, Hideki Matsuyama, won $2.07 million from a purse of nearly $11.5 million.Apr 10, 2022
How much do caddies get paid?
How much do pro caddies make? A caddie on the PGA Tour receives a base salary — usually around $1,000 to $2,000 — to cover travel expenses. He will earn 5% of the winnings if his golfer finishes outside of the top 10 and 7% of the winnings for a top-10 finish.Oct 20, 2019
Do golf players pay tax on winnings?
Do Pro Golfers Pay Tax On Winnings? question with respect to prize winnings is whether pro golfers, by definition athletes, are subject to tax. As long as they live in America, athletes have to pay their American resident status a tax on prize money earned abroad as well.Feb 17, 2022
How much does the worst PGA golfer make?
The lowest-ranked PGA Championship contestant generally takes home around $19,000 for the tour, although the most recent last place Championship finisher, David Muttitt, received just a $3,000 payout.
Do caddies pay their own expenses?
Professionals' caddies, just like the golfers for whom they work, are self-employed, independent contractors responsible for paying their own expenses. This year, the PGA Tour began providing caddies with a health insurance subsidy for the first time.Feb 14, 2019
How much do golfers earn at the Masters?
Sunday's winner at Augusta National Golf Club will collect $2.7 million. The winner's share of the Masters Tournament's $15 million purse is up from $2.07 million when Hideki Matsuyama slipped on the green jacket last April.Apr 9, 2022
Do golfers who don't make the cut get paid?
In 2017, every professional who missed the cut was paid $10,000. At the US Open, the players who miss the 36-hole cut each earn $10,000. At the PGA Championship, the players who miss the 36-hole cut are also paid, earning $3,200 each.
What is prize money for 2022 Masters?
The 2022 Masters purse was set at a record $15 million, paying out a total of $3.5 million more than it has in any prior edition of the tournament. Scheffler will bring home 18% of that sum ($2.7 million) for winning at Augusta National and taking down an extraordinarily talented Masters field.Apr 11, 2022
How much does a pro golf caddy make?
between $1,500 and $3,000 per weekWhile every player/caddie agreement is different, generally speaking, most PGA Tour caddies make a base of between $1,500 and $3,000 per week. Based on a player's finish, a typical caddie rate is around 5% of the winnings for any finish outside the top 10.
How much money did the PGA of America purse go to in 2021?
The PGA of America upped the purse for the PGA Championship to a record $12 million. By Chip Patterson. May 23, 2021 at 8:41 pm ET 2 min read. Getty Images. There's a lot on the line at major championships, and that was once again the case Sunday at the 2021 PGA Championship with a massive cash prize and the Wanamaker Trophy going to the victor.
How much was the 103rd PGA Championship purse?
The purse for the 103rd PGA Championship was set at a record $12 million, a sum that surpasses every other major except the U.S. Open.
How much money did the Mayakoba Golf Classic cost?
Mayakoba Golf Classic: $7.2 Million. The Mayakoba Golf Classic stands out as being Mexico’s first PGA Tour event. In fact, in 2007 it became the first PGA Tour event ever to be held outside of the United States or Canada. Participants play not just for money, but for coveted FedEx Cup points.
What is the handicap for the Open Championship?
The first major tournament and also the most international, it’s open to anyone who plays with a handicap of 0.4 or lower.
How much did the RBC Heritage win?
RBC Heritage: $7.1 Million. Winnings for 1st place: $1.278 million. If plaid is your thing, the RBC Heritage in Hilton Head, South Carolina, is for you — about 1.35 million fans clad in plaid gather to watch the event, whose winner is awarded a traditional red tartan plaid jacket.
Where is the BMW Championship held?
Hosted at the Olympia Fields Country Club in Olympia Fields, Illinois, the BMW Championship takes place in August. The tournament, which is sponsored by the Western Golf Association, benefits the Evans Scholars Foundation, which helps golf caddies who display academic excellence but have limited means pay for college.
Is the PGA Championship being postponed?
One of four major tournaments and one of the biggest events in the sport, the PGA Championship in Harding Park, San Francisco has been postponed for 2020. It was scheduled for May 11-17, but that timeframe falls within the timeline of the PGA’s blanket cancellation/postponement schedule.
Is the PGA Tour canceled?
The coronavirus public health crisis is forcing large public gatherings to close across the country, and professional golf is not immune — several of the big spring tournaments have already been canceled and more are likely to follow.
