Monday, October 5, 2026
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

PGA Tour’s Sweeping Changes Include New Events, $20M Average Purse

  • The PGA Tour is elevating events within the FedExCup and bumping the average purse to $20 million.
  • Fully exempt players will earn a minimum payout of $500,000 per year.
Jay-Monahan
Adam Hagy-USA TODAY Sports

Want more from Front Office Sports
in your search results?

Add Front Office Sports on Google

Big changes are coming to the PGA Tour, led by two of its top stars.

As the Tour faces competition from LIV Golf, commissioner Jay Monahan announced a host of changes to ramp up excitement for fans and add incentives for players in a letter obtained by Front Office Sports

  • A set of players have committed to playing in 12 headline events in the FedEx Cup regular season, plus The Players Championship, the Masters, the PGA Championship, the U.S. Open, and The Open Championship.
  • Four events have been elevated within the FedEx Cup, in addition to another four announced in June. The events will have an average purse of $20 million.
  • The Tour’s Player Impact Program, which rewards players who draw attention to the game, will double its total payout to $100 million per season and reward 20 players. Criteria will be altered, including the removal of a social media component.
  • Fully exempt members will be guaranteed $500,000 per year, starting in 2023, and earn against that minimum until it is reached. Rookies will be paid upfront.

The Tiger and Rory Tournament

In addition to those changes, the Tour is working with Tiger Woods and Rory McIlroy on a new type of golf competition. The two co-founded TMRW Sports Group with CEO Mike McCarley, which is launching The TGL golf league – a stadium-based competition with virtual courses.

The tournament has promised six teams of three golfers each, which will play 18 holes over two hours in 15 Monday night matches, beginning in January 2024. Networks are already showing interest in media rights for The TGL.

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

Feb 9, 2024; Las Vegas, Nevada, USA; A LIV Golf sign is observed prior to the second round of the LIV Golf Las Vegas tournament at Las Vegas Country Club.

LIV Readies for Next Phase of Bankruptcy

The Chapter 11 case is playing out in New Jersey.
Good Good Golf

Good Good Golf: Business As Usual After Ad Fallout

The YouTube native brand is back to its core business: posting online.

U.S. Presidents Cup Comeback Delivers Viewership Boost for NBC

NBC drew two million viewers for the final round.
Sep 25, 2026; Medinah, Illinois, USA; Scottie Scheffler of the U.S. Team tees off on the first hole during the second round of the Presidents Cup.

Why Tennis Australia Is Running the Next Presidents Cup in 2028

The 2028 Presidents Cup will take place in Melbourne.
podcast thumbnail mobile
Front Office Sports Today

A Conversation with Gronk about Sports Betting, Tom Brady & More

0:00

Featured Today

How the Baseball Cap Became a ‘Behemoth’

The hat has become essential for athletes, fans, and the sports-agnostic.
Morishita-Sato-homerun-celebration-at-Meiji-Jingu-Baseball-Staidum-2025
September 28, 2026

Japanese Baseball Is Fighting Back Against MLB Talent Drain

Nippon Professional Baseball is reimagining how to be a global juggernaut.
Aug 9, 2026; Bedminster, New Jersey, USA; President Donald Trump walks out of the clubhouse during the final round of the LIV Golf New York tournament at Trump National Bedminster.
September 25, 2026

Trump’s Year of Sports Gets Busier With CFB, Presidents Cup

The impact of Trump’s attendance varies across each sporting event.
A Bar of Their Own
September 25, 2026

Women’s Sports Bars: Novelty Has Worn Off, ‘That’s a Good Thing’

They’re leveling up, but sustainability remains the first consideration.
Hot & Social/Mets
September 18, 2026

Sports Teams Are Playing a New Role: Matchmaker

The latest promotion at the stadium? Love.
Sponsored

The Hidden Tech Behind Every Touchdown

Nearly two-thirds of NFL stadiums already rely on Cisco networks, and the Super Bowl will showcase the full scale of the partnership.
September 8, 2024

Guardian Caps Make NFL Debut

Multiple NFL players wore Guardian Caps over their helmets Sunday.
September 13, 2024

UFC’s Vegas Sphere Fight Should Set Records

The MMA fight has big aspirations and a budget to match.
Sponsored

Beyond the Scorecard: How Dow Is Putting Purpose at the Center of Women’s Golf

Discover how Dow and the LPGA are building a partnership with lasting impact.
August 13, 2024

Duael’s Racing Brackets Are Yet Another Stab at Saving Track

Duael will debut in March 2025 with the inaugural Duael 100.
August 11, 2024

Guardian Caps Have Arrived in the NFL

Colts star Jonathan Taylor strapped one on for Sunday’s preseason game.
August 5, 2024

How Omega Determined Noah Lyles Won Gold

Omega touches every corner of the Olympics.
The Adidas ball has changed over the years.
July 25, 2023

The Most Advanced Tech at the Women’s World Cup Might Surprise You

This year’s OCEAUNZ introduces connected ball technology to the women’s game.