PGA Tour nearing $500 million in prize money next season
2 years, 4 months ago

PGA Tour nearing $500 million in prize money next season

Associated Press  

The PGA Tour is closing in on $500 million in prize money for next season, with eight tournaments offering $15 million or more and limited spots available for the postseason. The prize money for the 43 tournaments run by the PGA Tour is $428.6 million, which includes four opposite-field events. PGA Tour Commissioner Jay Monahan previously disclosed that the elevated events with tournament hosts at Riviera, Bay Hill and Memorial will have $20 million purses. The tour released its new schedule one week after the Saudi-funded LIV Golf announced a 14-tournament schedule with $405 million in prize money, all guaranteed because the 48-man fields have no cut in the 54-hole events.

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