Tuesday, August 11, 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

XXXY
Exclusive

Cunningham Controversy Sends XX-XY T-Shirt Sales Surging

Former Levi’s CMO says her brand has seen a huge boost.
Apr 13, 2025; Augusta, Georgia, USA; Scottie Scheffler leans over to talk with Rory McIlroy at the green jacket ceremony during the final round of the Masters Tournament at Augusta National Golf Club. Mandatory Credit: Kyle Terada-Imagn Images

Chasing Tiger: Scheffler, McIlroy Near Woods’s Career Earnings Record

McIlroy leads Scheffler by less than $200,000 in career earnings.

Tampa Overhauls Rays $2.3B Stadium Funding As Clock Ticks

The city is shifting to a tax-increment financing structure.

US Open Ticket Prices Surge Despite Sinner, Alcaraz Questions

Ticket prices kept climbing through both stars’ Cincinnati withdrawals.
podcast thumbnail mobile
Front Office Sports Today

8/10/26 – WNBA’s Weekend of Controversy, Senate Punts on College Sports Bill, Kyle Shanahan’s Autopilot Confession

0:00

Featured Today

Joey Spallina of the Maryland Whipsnakes

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”
August 6, 2026

Tom Brady Explains His Aggressive Push Into Trading Cards

Brady talked to FOS about his eponymous card company.
FILE PHOTO: Cricket - Indian Premier League - IPL - Mumbai Indians v Chennai Super Kings - Wankhede Stadium, Mumbai, India - April 23, 2026 Mumbai Indians' Suryakumar Yadav in action
August 5, 2026

India Is Stealing Cricket’s Throne From England and Australia

India’s insatiable appetite for cricket has shifted the traditional locus of power.
WPBL
July 30, 2026

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.
August 9, 2026

Saudi PIF Chief Joins Trump Amid LIV Golf Funding Push

It was Al-Rumayyan’s first LIV appearance since PIF pulled funding in April.
Aug 4, 2026; Chicago, Illinois, USA; Los Angeles Dodgers starting pitcher Tarik Skubal (29) delivers a pitch against the Chicago Cubs during the first inning at Wrigley Field. Mandatory Credit: Kamil Krzaczynski-Imagn Images
August 10, 2026

Dodgers’ Late-Season Slide Complicates MLB’s Salary Cap Push

The two-time defending champions haven’t been a juggernaut lately.
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
August 9, 2026

FIFA Alleges ‘Concerted’ Effort to ‘Undermine’ Infantino

FIFA said it will not “tolerate” any process inconsistent with its democratic procedures.
August 9, 2026

Sinner Joins Alcaraz in Withdrawing From Cincinnati, Clouding US Open

Carlos Alcaraz previously withdrew from Cincinnati with a wrist injury.
August 9, 2026

Caitlin Clark Avoids Suspension As WNBA Rescinds Technical Foul

Sky guard DiJonai Carrington was also ejected for a flagrant foul.
August 8, 2026

Engelbert, WNBA Teams to Discuss Transgender Eligibility Rules

The issue was sparked by comments made by Sophie Cunningham.