Monday, July 27, 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

Sep 13, 2025; Stanford, California, USA; Stanford Cardinal offensive lineman Fisher Anderson (center) blocks against Boston College Eagles defensive lineman Kwan Williams (right) during the fourth quarter at Stanford Stadium.

Stanford Football Players Launch Effort to Unionize

The football players’ CFBPA “fraternity chapter” could eventually be a union.

LeBron’s Decision Leaves Three Big Questions for the NBA

James’s decision allows free agency to finish.

LeBron Officially Signs $8M Deal As Sixers Continue Roster Shuffle

James agreed to a two-year deal with the Sixers on Friday.

WNBA Will Tackle Officiating Woes With New Replay Center

The WNBA will use the NBA’s replay center facility in New Jersey.
podcast thumbnail mobile
Front Office Sports Today

7/27/26 – LeBron’s 76ers Decision, WNBA Officiating Overhaul, Michigan AD Buyout

0:00

Featured Today

Tom's Watch Bar

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.
Pillow Fight Championship
July 8, 2026

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.
Paris 2024 Olympics - Basketball - Men's Quarterfinal - Brazil vs United States - Bercy Arena, Paris, France - August 06, 2024. Joel Embiid of United States and Lebron James of United States react during the match. REUTERS/Brian Snyder

LeBron James Turns 76ers Into National TV Fixture

The NBA had been waiting on James’s decision to finalize its schedule.
July 25, 2026

Engelbert Dodges Question on Her Future as Commissioner

The WNBA commissioner has been under pressure over multiple perceived scandals.
July 26, 2026

Messi to Skip Another MLS All-Star Game, but Avoids Repeat Ban

Messi just led Argentina to its second straight World Cup Final.
Sponsored

Inside the EY 2026 Sports Engagement Index: The Real Map of American Sports Participation

EY’s latest index explores how shifting U.S. fan behaviors are expanding the definition of sports engagement.
July 24, 2026

Packers Made Whopping $753 Million in Revenue Last Season

The Packers, and the NFL overall, remain a financial behemoth.
July 24, 2026

18-Game NFL Season On Hold After Super Bowl LXII Date Set

Nearly two years after awarding the game, the NFL sets a date.
Men BMX Park Final, X Games
July 24, 2026

What ‘X Games Has That Everybody Wants’: A Young Audience

Founder athletes including Chloe Kim and Eileen Gu have equity in the business.
Apr 1, 2026; Phoenix, Arizona, USA; Detroit Tigers pitcher Tarik Skubal in the fifth inning against the Arizona Diamondbacks at Chase Field. Mandatory Credit: Mark J. Rebilas-Imagn Images
July 24, 2026

Tarik Skubal Makes Plea to Stay in Detroit Ahead of Trade Deadline

Skubal could make his final home start for Detroit on Friday.