• Loading stock data...
Friday, June 27, 2025
Front Office Sports Launches Front Office Sports Studios Learn More

As FedEx Cup Playoffs Begin, PGA Tour Eyes Prize Money Boost

  • Next year’s FedEx Cup champion will receive $25 million, up for $18 million this year.
  • Still to be determined is how and when LIV players will be allowed back on the PGA Tour.
Syndication: The Commercial Appeal

The 2023 FedEx Cup Playoffs begin on Thursday — with a total of $75 million on the line — but the PGA Tour is already looking at an even more lucrative 2024 season.

Next year’s schedule, which was released this week, will award the 2024 FedEx Cup champion $25 million, up from $18 million this year. The Comcast Business Tour Top 10 will shell out $40 million after the regular season — double 2023’s amount — including $8 million to the winner. 

In 2024, the Tour’s designated event model is being retooled to increase winners’ payouts to $4 million at three key tournaments: The Genesis Invitational (hosted by Tiger Woods), Arnold Palmer Invitational and Memorial Tournament (hosted by Jack Nicklaus). That represents 20% of those events’ purses, up from the 18% to be offered at what the Tour is calling its other five signature events, which carry $20 million purses apiece.

Waiting Game

Still to be determined is the impact of the Tour’s partnership with Saudi Arabia’s Public Investment Fund. On Wednesday, PGA Tour commissioner Jay Monahan said that the deal is on track to be completed by the end of the year.

“I really don’t think we’re going to see a big change until 2025,” Rob Mougey, the agent of U.S. Open champion Wyndham Clark, told Front Office Sports. “There are still so many unknowns. … What does 2024 look like for LIV? What everybody’s told is that it’s going to be the same as it was last year.”

Meanwhile, a key figure in the Tour’s operations — chief tournaments and competition officer Andy Pazder — surprisingly resigned this week, becoming the second major executive to step down in the wake of the Saudi deal, following policy board member Randall Stephenson, who resigned last month.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

From vintage to unique collaborations, various Nike and Jordan shoes are displayed on a wall at Saved Soles inside West Ridge Mall.

Nike Stumbles Less Than Expected, Giving Wall Street Hope

The sports apparel and footwear giant beats Wall Street expectations.
Apr 5, 2024; Cleveland, OH, USA; Iowa Hawkeyes guard Caitlin Clark (22) and Connecticut Huskies guard Paige Bueckers (5) react in the second quarter in the semifinals of the Final Four of the womens 2024 NCAA Tournament at Rocket Mortgage FieldHouse.

With Caitlin Clark’s Status Unclear, Fever-Wings Get-In Tix Down 40%

It should be the first professional face-off between Paige Bueckers and Caitlin Clark.

MLB’s Hottest Team May Not Be Able to Host Playoff Games

The club’s temporary home in Tampa isn’t equipped for normal postseason demands.

Bold Trades Shake Up NBA Draft After Predictable Start

A flurry of trades and falling draft positions lead the post-Flagg activity.

Featured Today

Jun 17, 2025; Sunrise, Florida, USA; Florida Panthers center Sam Reinhart (13) hoists the Stanley Cup after winning game six of the 2025 Stanley Cup Final against the Edmonton Oilers at Amerant Bank Arena

Stanley Cup’s International Summer Tour: Rules, Repairs, and Raucousness

No pro trophy tour compares to the NHL’s three-month global victory lap.
Mar 15, 2025; Fort Worth, TX, USA; UAB Blazers forward Yaxel Lendeborg (3) dribbles the ball upcourt against the North Texas Mean Green during the first half at Dickies Arena
June 22, 2025

NIL Is Shrinking the Pool of NBA Draft Entrants

Agents are now advising many players to stay in school.
Apr 24, 2025; Green Bay, WI, USA; Penn State Nittany Lions defensive end Abdul Carter on the red carpet before the 2025 NFL Draft at Lambeau Field
June 21, 2025

‘More Is More’: The Elite Luxury Jewelers Decking Out Athletes

Meet the elite group of luxury designers crafting the biggest statement pieces.
Dec 5, 2024; Miami, FL, USA; FIFA president Gianni Infantino presents the FIFA Club World Cup trophy during the Club Word Cup draw at Telemundo Studios.
June 15, 2025

Revamped Club World Cup Is FIFA’s Billion-Dollar Gamble

The revamped soccer event debuts amid controversy.
Oct 20, 2023; Doral, Florida, USA; James Piot plays his shot from the eighth tee during the first round of the LIV Golf Miami golf tournament at Trump National Doral.

From LIV to PGA Tour: James Piot Shows Path Back From Rival..

A former LIV Golf player is competing at this week’s Detroit event.
Jun 22, 2025; Cromwell, Connecticut, USA; Scottie Scheffler plays his shot from the first tee during the final round of the Travelers Championship golf tournament.
June 24, 2025

PGA Tour’s $20M Signature Events Finish 2025 Season Up in TV Ratings

The Travelers Championship was the last of eight elevated events this year.
Soccer
June 25, 2025

Club World Cup Headed for Major Test in Knockout Round

The knockout round will test FIFA’s hypothesis for the new tournament.
Sponsored

Hottest Matchups Following NFL Schedule Release

The NFL released the 2025 regular-season schedule, and anticipation is already building in the ticket marketplace with four months to go.
Jun 23, 2025; East Rutherford, New Jersey, USA; Al Ahly's Mohamed Hany reacts after the match during a group stage match of the 2025 FIFA Club World Cup at MetLife Stadium.
June 24, 2025

Heat Wave Across the U.S. Impacting Major Sports

Chelsea manager Enzo Maresca said it’s been almost impossible to train.
Sabrina Ionescu with the New York Liberty shots over defenders from the Toyota Antelopes during the first half at Matthew Knight Arena May 12, 2025 in Eugene.
June 24, 2025

How Preseason Games Have Become a Key Revenue Stream for WNBA Teams

The WNBA’s preseason featured four games played on college campuses.
June 23, 2025

NBA Offseason: Draft Drama, Free Agency, and a Critical Owners Meeting

The 2025 NBA draft will be on June 25 and 26.
June 23, 2025

NBA Conference Gap Wider Than Ever Amid Injuries to East’s Best

A team from the West has won the NBA title 17 times since 2000.