• Loading stock data...
Tuesday, July 16, 2024

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.
Adam Hagy-USA TODAY Sports

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.

Copy Link
Link Copied
Link Copied

What to Read

As Another Men’s Golf Major Season Wraps, Still No PGA Tour-LIV Deal

The Open Championship begins Thursday at Royal Troon.
The Mississippi Department of Human Services on Monday sued retired NFL quarterback Brett Favre along with several other people and businesses to try to recover millions of misspent welfare dollars that were intended to help some of the poorest people in the U.S.

Judge in Mississippi Welfare Case Boots Brett Favre’s Lead Lawyer

The judge wrote he had a ‘pattern and practice of delicate deception.’
Tony Romo at the American Century Championship in Lake Tahoe

One of the Hottest Celebrity Wait Lists Is a Golf Tournament

The American Century Championship tees off Friday.
podcast thumbnail mobile
Front Office Sports Today

Formula E is Powering Its Own Future


Featured Today

Jan 7, 2024; Nashville, Tennessee, USA; Jacksonville Jaguars wide receiver Calvin Ridley (0) reacts after scoring a touchdown against the Tennessee Titans during the first half at Nissan Stadium.

Without Hard-Line Bans, Pro Athletes and Personnel Will Keep Betting on Sports

Penalties often aren’t stringent or consistent enough to deter banned behavior.
Oct 2, 2021; Miami Gardens, FL, USA; NFL commissioner Roger Goddell speaks during the Don Shula Celebration of Life at Hard Rock Stadium.
July 13, 2024

The NFL Is Confident It Can Overturn the Sunday Ticket Verdict

The league may have good reason to believe it can win.
July 8, 2024

NFLPA Report Cards Have Become the ‘Talk of the Locker Room’ Across..

NFLPA report cards have become the ‘talk of the locker room.’
July 7, 2024

The New College Sports Insiders Are Graphic Designers

Joe Tipton and Hayes Fawcett have become premier news-breakers on social media.
The Adidas ball has changed over the years.

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.

Creating Fan-Centric Content With AI

WSC’s highlight automation improved the speed of ESPN’s content creation.

Rewriting the Sports Media Playbook

WSC’s highlight automation improved Clemson’s content strategy and overall growth.

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.

Re-Imagining Storytelling With AI

Amy Anderson, Head of Content Strategy at NASCAR Studios, discusses the role of AI technology in developing and growing new content.
Arial view of Audi testing track
December 4, 2022

Audi Gears Up for F1 with Major New Facility

Audi is building a 10,000 square-foot building to support its F1 efforts.
Woman wears Meta Quest headset while working out to have virtual reality exercise session
November 22, 2022

Meta’s Plans for VR Fitness Could Hit Snag

A government agency is looking to block an acquisition by Meta.
Nike phone advertisement
November 15, 2022

Nike Jumps Further into Metaverse With Virtual Sneaker Platform

The world’s largest sportswear company is taking its talents to the metaverse.