Tuesday, June 30, 2026

The Masters Increases Purse to Record $21M, First Place to $4.2M

That’s up from the $20 million last year and $18 million in 2023. Sunday’s winner will receive $4.2 million.

The Masters
Kyle Terada-Imagn Images

The Masters Tournament will pay out a record $21 million in prize money this year, Augusta National Golf Club announced Saturday.

That’s up from the $20 million last year and $18 million in 2023. Sunday’s winner will receive a $4.2 million first-place prize, which represents a significant bump from the $3.6 million that Scottie Scheffler earned a year ago for clinching his second Green Jacket. In 2023, Jon Rahm won $3.24 million.

This year’s Masters purse total and first-place prize still remains behind the 2024 U.S. Open, which paid out $21.5 million, including $4.3 million to its winner, Bryson DeChambeau.

England’s Justin Rose topped the leaderboard after Friday at eight strokes under par, one stroke ahead of DeChambeau and two ahead of Rory McIlroy and Corey Conners.

The Masters stays ahead of last year’s PGA Championship ($18.5 million) and Open Championship ($17 million). Xander Schauffele won both of those titles, earning $3.3 million at Valhalla Golf Club in the U.S. and $3.1 million at Royal Troon in Scotland. Both of those tournaments are expected to slightly increase their total purses later this year, too, as is the U.S. Open.

The PGA Tour’s flagship event, the Players Championship, still has the highest purse in golf at $25 million. McIlroy earned $4.5 million for winning this year’s event, the same amount Scottie Scheffler took home in 2024.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Rob Stone speaks during the Fox Sports Big Noon Kickoff NCAA football pregame show, Saturday, Oct. 9, 2021, at the Pentacrest in Iowa City, Iowa.

A Bandwagoner’s Guide to the USMNT World Cup Run

Rob Stone breaks down the Americans’ outlook ahead of Wednesday.

Physicist Explains Why World Cup Ball Is ‘Flummoxing’ Goalies

New technology, grooves, and altitude all shape the ball’s flight.

Supreme Court Upholds Trans Athlete Ban

The court issued a consolidated opinion on two trans athlete cases.

Josh Childress: Women’s Sports Attracting ‘New Pool of Capital’

The former NBA player also weighed in on expansion and Stanford athletics.
podcast thumbnail mobile
Front Office Sports Today

A Conversation with Mia Hamm on the World Cup, NWSL Growth, Angel City Ownership, and Women’s Sports Narratives

0:00

Featured Today

June 26, 2026

In an Era of $1,000 Tickets, $10 Watch Parties Bring Fans Together

Stadium watch parties now rival home-game experiences.
June 25, 2026

Italian Americans Have Severe World Cup FOMO

Bars and restaurants in Boston, Philly, and beyond are missing the Azzurri.
Indiana Fever guard Lexie Hull (10) celebrates a three-point basket Monday, June 22, 2026, during the game at Gainbridge Fieldhouse in Indianapolis. The Indiana Fever defeated the Phoenix Mercury, 86-77
June 24, 2026

Female Athletes Are Trying to Build the ‘Athleisure of Beauty’

“Performance cosmetics” have emerged alongside the women’s sports boom.
June 18, 2026

Why U.S. Open Host Sites Are on a 25-Year Plan

The U.S. Open has already picked out 22 future sites through 2051.
Tennis - Wimbledon - All England Lawn Tennis and Croquet Club, London, Britain - June 29, 2026 Italy's Jannik Sinner in action during his first round match against Serbia's Miomir Kecmanovic

Slippery Grass Surface Once Again Takes Spotlight at Wimbledon

Maja Chwalińska was injured after slipping on the grass.
Jun 28, 2026; Baltimore, Maryland, USA; Baltimore Orioles outfielder Colton Cowser (17) congratulates infielder Jackson Holliday (7) at home plate after Holliday hit a two-run home run in the seventh inning against the Washington Nationals at Oriole Park at Camden Yards.
June 29, 2026

Underperforming Teams Make for Uncertain MLB Trade Market

Many clubs don’t yet know whether they will be buyers or sellers.
Apr 3, 2026; Indianapolis, IN, USA; Michigan Wolverines head coach Dusty May looks on during a practice session ahead of the Final Four of the men's 2026 NCAA Tournament at Lucas Oil Stadium. Mandatory Credit: Robert Deutsch-Imagn Images
June 29, 2026

Dusty May Believes NIL Era Experience Will Aid NBA Transition

May is the first college coach to make the jump since 2019.
Sponsored

Josh Childress: Why Now Is the Time for NBA Expansion

Josh Childress on why he invested in the Portland Thorns, the case for NBA expansion, and donating to Stanford NIL.
June 29, 2026

NBA Set for Summer of Chaos: LeBron, Kawhi, Gambling

Kawhi Leonard is the latest star on the trade block.
June 28, 2026

After NFL and CFL Say No, UFL May Be Sorsby’s Best Option

The UFL appeared to confirm Sorsby would be eligible.
Jun 24, 2026; New York City, New York, USA; Norway national soccer team fans show support accompanied by Mr. and Mrs. Met during the MLB game between the New York Mets and the Chicago Cubs at Citi Field.
June 26, 2026

World Cup Fans Are Taking Over MLB Stadiums

About 8,000 Scottish fans attended the Marlins game Monday night.
Apr 9, 2026; New York, New York, USA; New York Knicks center Mitchell Robinson (23) secures a rebound during the fourth quarter against the Boston Celtics at Madison Square Garden. Mandatory Credit: Lucas Boland-Imagn Images
June 26, 2026

Knicks Face Second Apron Squeeze After Title

Mitchell Robinson has likely played his final game for the Knicks.