2022 PGA Tour Purses - Ranked Largest To Smallest
| Tournament | Prize Money | 1st Place Pay-out |
| Tour Championship | $75,000,000 | $18,000,000 |
| The Players Championship | $20,000,000 | $3,600,000 |
| FedEx St. Jude Championship | $15,000,000 | $2,700,000 |
| BMW Championship | $15,000,000 | $2,700,000 |
Which golf tournaments have the largest purses in the world?
The largest purse belongs to The Players Championship, which now boasts a $20 million purse. The U.S. Open, which saw its purse increased from $10 million in 2016 to $12 million in 2017 and remains there in 2022.
How much money do PGA Tour winners get paid?
The individual first-place prize in each tournament is $4 million. Second-place gets $2.125 million, followed by $1.5 million for third place. Fourth place gets the final seven-figure prize, earning a $1.05 million purse.
What is the payout for the Tour Championship?
With the Tour Championship now representing the final event for the FedEx Cup schedule and having no purse of its own, it technically has a payout of $75 million for the 30 qualifying players and the next 120 players on the FedEx Cup points list. Only four tournaments have a first-place payout of less than $1 million.
How did the PGA Tour manage to increase purses again?
For the second time in two years, the PGA Tour had managed to increase overall purses during the course of a pandemic that had been financially ruinous to pro sports leagues. Players had badgered the Tour for more money, and boosts to overall purse payments represented concerted efforts in rewriting the script.
How much of the purse do golfers get?
LIV Golf Vs. The PGA Tour's Top-Paying Events Of 2022EventWinner's Prize MoneyTotal PurseLIV Golf Invitational London$4 million$25 millionPlayers Championship$3.6 million$20 millionMasters$2.7 million$15 millionPGA Championship$2.7 million$15 million8 more rows•Jun 9, 2022
Who gets the purse in golf?
The PGA Tour allocates 18 percent of a standard tournament's purse to the winner. The remainder of the top 10 finishers receives, in order, the following percentages of the purse: 10.8, 6.8, 4.8, 4, 3.6, 3.35, 3.1, 2.9 and 2.7.
Do all golfers get paid in tournaments?
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.
Who gets paid in a golf tournament?
Professional golfers are paid a percentage of the purse for each tournament they play in and finish in the money. For example, the U.S. Open pays down to the 60th place finisher. Rory McIlroy won $1.4 million wining the US Open in 2011. The player in 60th place received a little over $17,000.
Do golfers get paid if they miss the cut?
Golfers who don't make the cut do not get paid. When you see those players who are right on the edge of making the cut struggling to make that one last putt, it has everything to do with the fact that they want a chance to make it to the weekend.
How are PGA purses funded?
As of 2012, television rights money provides 60 percent of each tournament's purse, according to an article in Forbes. The remaining 40 percent of the prize money is provided by the tournament's sponsors, who range from golf courses to large corporations and include a variety of organizations.
Do PGA players pay for their own travel?
Even if they happen to live near a tour stop, players are on the road most of the season -- depending on how many tournaments they enter or qualify for -- and must pay all their travel costs.
Do caddies get paid if player misses cut?
"If the player misses the cut, the caddie still has to get a paycheck because the caddie pays for all of his own expenses — airfare, hotel, car, food, all of it." "If the guy makes the cut, the standard is 10-7-5 — 10% for a win, 7% for a top 10, 5% for everything else," Collins said.
Do professional golfers pay to enter tournaments?
Except at the highest levels, professional golfers must pay entry fees to play in tournaments. It may seem counterintuitive, but a player at the top of golf's food chain often doesn't have to pay an entry fee, because expenses for high-profile tournaments are covered by sponsors and TV networks.
How do golfers make so much money?
Golfers get paid so much because of sponsorships and tournament funds that are allocated to the tournament purse. Because of the attention to professional golf and the participation of brands and fans, there is quite a bit of money to give to the top players.
How much does a golfer make for making the cut?
Simply making the weekend cut means a payday of no less than $19,600.