• Loading stock data...
Monday, April 29, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

PGA Tour’s Sweeping Changes Include New Events, $20M Average Purse

  • The PGA Tour is elevating events within the FedExCup and bumping the average purse to $20 million.
  • Fully exempt players will earn a minimum payout of $500,000 per year.
Jay-Monahan
Adam Hagy-USA TODAY Sports

Big changes are coming to the PGA Tour, led by two of its top stars.

As the Tour faces competition from LIV Golf, commissioner Jay Monahan announced a host of changes to ramp up excitement for fans and add incentives for players in a letter obtained by Front Office Sports

  • A set of players have committed to playing in 12 headline events in the FedEx Cup regular season, plus The Players Championship, the Masters, the PGA Championship, the U.S. Open, and The Open Championship.
  • Four events have been elevated within the FedEx Cup, in addition to another four announced in June. The events will have an average purse of $20 million.
  • The Tour’s Player Impact Program, which rewards players who draw attention to the game, will double its total payout to $100 million per season and reward 20 players. Criteria will be altered, including the removal of a social media component.
  • Fully exempt members will be guaranteed $500,000 per year, starting in 2023, and earn against that minimum until it is reached. Rookies will be paid upfront.

The Tiger and Rory Tournament

In addition to those changes, the Tour is working with Tiger Woods and Rory McIlroy on a new type of golf competition. The two co-founded TMRW Sports Group with CEO Mike McCarley, which is launching The TGL golf league – a stadium-based competition with virtual courses.

The tournament has promised six teams of three golfers each, which will play 18 holes over two hours in 15 Monday night matches, beginning in January 2024. Networks are already showing interest in media rights for The TGL.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Iowa Athletes Sue State, Citing ‘Unconstitutional’ Tracking of Gambling

They claim investigators didn’t get warrants, misled about the purpose of questioning.

The Rory McIlroy Roller Coaster and What It Means for Golf

The golfer is returning to the PGA Tour policy board after a five-month absence.

Two Superstars Are Dominating Professional Golf. Will Viewers Follow?

Scheffler and Korda have been nearly unbeatable on their respective tours.

Rockies Coach’s Team Plane Cockpit Visit Triggers Federal Investigation

A since-deleted video shows him sitting in the cockpit mid-flight.
podcast thumbnail mobile
Front Office Sports Today

What’s Really Going on With MLB Pitcher Injuries?

0:00
0:00

Featured Today

Just Like We Drew It Up? Stadium Renderings Can Excite, Confound, and Anger

During a historic wave of development, drawings wield more power than ever.
The scene in the green room behind the NFL Draft Theater in Detroit on Tuesday, April 23, 2024. Thirteen college players who will be picked in the first round will be waiting in this large room with friends, family, agents and college coaches on Thursday night.
April 27, 2024

More NFL Draft Prospects Are Staying Home, and TV Networks Are Adjusting

Whether making or missing out on millions, more prospects are staying home.
April 21, 2024

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.
April 20, 2024

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win

With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers
The Adidas ball has changed over the years.

The Most Advanced Tech at the Women’s World Cup Might Surprise You

This year’s OCEAUNZ introduces connected ball technology to the women’s game.
Sponsored

Creating Fan-Centric Content With AI

WSC’s highlight automation improved the speed of ESPN’s content creation.
Sponsored

Rewriting the Sports Media Playbook

WSC’s highlight automation improved Clemson’s content strategy and overall growth.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
Sponsored

Re-Imagining Storytelling With AI

Amy Anderson, Head of Content Strategy at NASCAR Studios, discusses the role of AI technology in developing and growing new content.
Arial view of Audi testing track
December 4, 2022

Audi Gears Up for F1 with Major New Facility

Audi is building a 10,000 square-foot building to support its F1 efforts.
Woman wears Meta Quest headset while working out to have virtual reality exercise session
November 22, 2022

Meta’s Plans for VR Fitness Could Hit Snag

A government agency is looking to block an acquisition by Meta.
Nike phone advertisement
November 15, 2022

Nike Jumps Further into Metaverse With Virtual Sneaker Platform

The world’s largest sportswear company is taking its talents to the metaverse.