• Loading stock data...
Thursday, November 21, 2024

PGA Tour To Feature Record $428.6M in Prizes for 2022-23

  • The PGA Tour’s 2022-23 schedule will put on 44 events including majors — and several key tournaments will see purse increases.
  • Bonus pools totaling $145 million will also provide incentive for players on the tour.
PGA-tour-logo-and-trophy
Adam Hagy-USA TODAY Sports

As competitive pressure from LIV Golf continues to mount, the PGA Tour has released its schedule for next season — with several measures seemingly aimed at battling the upstart golf competition.

The PGA Tour’s 2022-23 schedule will put on 44 events — including majors — and will feature a record $428.6 million in prize money.

Several key tournaments will see purse increases.

  • The Players Championship leads the field with a $25M prize pool, up from $20M.
  • The first tournament of 2023 — the Sentry Tournament of Champions — will increase to $15M from $8.2M.
  • Three player-hosted invitationals — the Genesis Invitational, the Arnold Palmer Invitational, and the Memorial Tournament — will increase purses from $12M to $20M each.

Bonus pools totaling $145 million will also provide incentive for players on the tour. These include $75 million for the FedEx Cup, $20 million for the Comcast Business Tour Top 10, and $50 million for the Player Impact Program.

The new PGA Tour season will place further emphasis on regular-season play and performance in the playoffs: Only 70 players will earn a start in the Playoffs’ first event, followed by 50 for the next event, and 30 for the TOUR Championship.

It will also be the final season to feature a wraparound schedule before the Tour switches back to a calendar-based season in 2024.

All changes are likely a response to competition from LIV Golf. The Saudi-backed venture has notoriously spent hundreds of millions of dollars to lure former Tour players.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Rose Zhang congratulates her teammate Sahith Theegala after making his putt on the 9th green at the Grant Thornton Invitational at Tiburon Golf Club in Naples on Friday, Dec. 8, 2023.

TGL Considering Mixed Event, Women’s League Amid LPGA Talks

The new league from Tiger Woods and Rory McIlroy launches in January.
Tampa Bay Rays

Rays Tampa Future in Doubt as County Commission Delays Bond Vote

The planned $1.3 billion ballpark now falls into further question.

LPGA’s Richest Season Ever Set to Crown a Record-Breaker

The current record is $4,364,994 by Lorena Ochoa in 2007.
Amazon-Thursday-Night-Football

How International Sports Streaming Rights Is ‘Trench Warfare’ Now

Netflix’s WWE deal could be a template for other leagues looking to go global.
podcast thumbnail mobile
Front Office Sports Today

Who Can Actually Afford Juan Soto?

0:00

Featured Today

Nov 18, 2023; Las Vegas, Nevada, USA; Williams Racing driver Logan Sargeant of the United States (2) during the Las Vegas Grand Prix at Las Vegas Strip Circuit.

F1 Grand Prix Upended Vegas Last Year. Stakes Are High for Its..

Stakes are high as F1 gears up for a successful second act.
Classic Football Shirts New York Pop-Up
November 18, 2024

Vintage Soccer Jerseys Have Found a Sweet Spot in the Lucrative U.S...

The money-making shirts are at the prime intersection of memorabilia and fashion.
Nov 13, 2024; New York, New York, USA; New York Knicks guard Josh Hart (3) reacts after fouling Chicago Bulls guard Coby White (not pictured) during the second half at Madison Square Garden.
opinion
November 16, 2024

NBA Ratings Rorschach Test: Buy the Dip

Was it the election? Too many threes? Lack of storylines?
November 15, 2024

Executive Decision: When Richard Nixon Named a College Football Champion

In 1969, the 37th president unilaterally named the winner of the season.

Premier League Transfer Spending Has Already Topped $2 Billion As Deadline Looms

Saudi Pro League teams haven’t yet matched their English counterparts.
August 11, 2024

Passing of the Torch: Los Angeles Set for Olympic Firsts in 2028

The city last hosted the Summer Olympics in 1984.
Paralympics Tiktok
August 25, 2024

The Wildly Successful Paralympics TikTok Account Isn’t What You Think

A cheeky TikTok account is opening the world of Paralympic sports.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
August 1, 2024

Saudi Arabia Submits Bold World Cup Bid That Includes a Cliffside Arena

The Saudis are proposing a new stadium in a futuristic city called Neom.
John John Florence (USA) surfs in men’s round two competition during the Tokyo 2020 Olympic Summer Games at Tsurigasaki Surfing Beach.
July 29, 2024

Olympic Surfers Won’t Get Their Full Paris Moment

‘We’re kind of separate off on our own little thing over here.’
Teahupo'o Tahiti Surfing
July 26, 2024

Olympic Surfing Crashes on Tahiti Like a Wave

For Teahupo‘o’s locals, the Olympics are a mixed blessing.
July 25, 2024

Olympics: Despite Concerns, Star Athletes and Paris Spark Hope

Hope rises for a resurgent event after two pandemic-marred Olympics.