Monday, August 3, 2026
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

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

podcast thumbnail mobile
Front Office Sports Today

8/3/26 – FIFA Scraps World Cup Investment Plan, Dodgers Land Skubal, NCAA’s Eligibility Chaos

0:00

Featured Today

WPBL

Who’s Playing Women’s Professional Baseball?

Sixty players from 11 countries are descending on Illinois for six weeks.
Tom's Watch Bar
July 17, 2026

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.
Jun 16, 2026; East Rutherford, New Jersey, USA; France forward Michael Olise (11) controls the ball against Senegal during a Group I match of the 2026 FIFA World Cup at New York New Jersey Stadium
July 16, 2026

Where World Cup Stars Go to Customize Their Cleats

The world’s best players turn to a Scottish craftsman for perfect cleats.
July 10, 2026

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 10, 2026

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.

UFC’s White House Event Lost $30M, but Business Kept Growing

The business grew despite red ink from the June showcase.
Jul 31, 2026; Los Angeles, California, USA; Los Angeles Dodgers pitcher Cole Irvin (38) hands the ball to manager Dave Roberts (30) during the ninth inning against the Boston Red Sox at Dodger Stadium.
August 3, 2026

MLB Trade Deadline Sees Big Market Clubs Trade Top Players

“It just seems like there’s always blowback with us,” the Dodgers manager said.
August 3, 2026

Jason Wright: Why WNBA Valuations Could Catch Up to NHL

Jason Wright says it could happen, “save for some weird gender bias.”
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses the launch of Champions Fund and how he navigated the business world after football
Jun 28, 2026; Chaska, Minnesota, USA; Nelly Korda takes a tee shot off of hole 1 during the final round of the KPMG Women's PGA Championship golf tournament. Mandatory Credit: Nick Wosika-Imagn Images
August 3, 2026

Korda Tops Women’s Major Money List—and Nearly the Men’s

Korda earned $4.59 million in prize money at the majors.
August 2, 2026

Kelsey Plum Deal Headlines Another Quiet WNBA Trade Deadline

The 2026 WNBA trade deadline saw little action.
August 2, 2026

Another WNBA Unruly Fan Incident Adds to String of Controversies

Police are investigating the alleged assault as a possible bias crime.
Athletes Unlimited
July 31, 2026

Athletes Unlimited Cancels 2027 Season

Several other women’s winter basketball leagues have launched in recent years.