• Loading stock data...
Friday, July 26, 2024
Join us this September for Tuned In Request to Attend

The Champion’s Pot Keeps Growing at Masters

  • Last year’s winner Scottie Scheffler also earned $2.7M.
  • Tiger Woods was the first winner to make $2 million in 2019.
Tiger Woods Masters Winnings
Danielle Parhizkaran-USA TODAY Network

The winner of the 2023 Masters Tournament will pocket a record-tying purse of $2.7 million.

That’s the same amount won last year by Scottie Scheffler, who’ll seek to defend his Masters title starting Thursday at Augusta National Golf Club.

Last year’s total purse was $15 million. Runner-up Rory McIlroy earned $1.62 million. The top 10 finishers earned at least $390,000.

More on the creeping inflation of Masters winner’s purses over the decades:

  • Tiger Woods was the first Green Jacket winner to crack the $2 million mark for finishing first. He collected $2,070,000 (before inflation) for winning his fifth Green Jacket in 2019.
  • Back in 2001, Woods was also the first to make over $1 million for winning the tournament. He earned $1,008,000 – then took home the same amount when he repeated as champ in 2002.
  • In 1984, Ben Crenshaw was the first Masters champion to earn a $100,000 payday. He took home $108,000 for winning in the first of his two Green Jackets.
  • The first tournament winner, Horton Smith, won $1,500 in 1934. In today’s dollars, $32,759.33. The following eight winners earned the same amount.

Money isn’t everything. The chance to etch their name in golf history by winning the coveted Green Jacket is more important.

As the legendary Ben Hogan said, “If the Masters offered no money at all, I would be here trying just as hard.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Streaming’s Next Step: Amazon Acquires Rights to WNBA Finals

History could repeat itself when it comes to the move from cable to streaming.

Olympics: Despite Concerns, Star Athletes and Paris Spark Hope

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

Bulls and Blackhawks Owners’ $7 Billion Plan to Transform Chicago

The project is going to be backed by private investments.

Comcast Scores With NBA Deal and Olympics, but Financial Issues Brew

The NBC Sports parent company details its new NBA rights deal, even before a league announcement.
podcast thumbnail mobile
Front Office Sports Today

Olympics Open: What Athletes Can Do With 15 Minutes of Fame

0:00

Featured Today

Teahupo'o Tahiti Surfing

Olympic Surfing Crashes on Tahiti Like a Wave

For Teahupo‘o’s locals, the Olympics are a mixed blessing.
July 24, 2024

The Perfect Storm Propelling ‘EA Sports College Football’ to Early Success

Growing fandom and a long wait have already reaped dividends for EA.
July 22, 2024

The FTC Noncompete Ruling Could Change MMA As We Know It

Fighters could see their options—and earnings—grow.
July 21, 2024

O No Canada: The Next Big Sports Betting Scandal Could Erupt North of the Border

‘It’s open-season for match-fixing up there.’

Canadian Soccer Coach Bounced From Olympics as Spying Scandal Explodes

The spying dates back years, Canadian media reported Thursday.
July 25, 2024

It’s NFL Holdout Season

Key players are still holding in or holding out for contract leverage.
July 25, 2024

Texas Tech Poaches Softball Star With $1 Million NIL Deal

It’s more money than most college football players get.
Sponsored

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

2K sports is reviving a classic with TopSpin 2K25.
July 25, 2024

Colin Kaepernick Launches AI Start-Up, Remains Unretired From NFL

The former QB also has his own publishing company and activist camps.
July 24, 2024

Brett Favre Business Partner Pleads Guilty for Role in Welfare Scandal

Jake VanLandingham pleaded guilty to a single count of wire fraud.
July 24, 2024

World’s Best Cyclist Skipping Olympics for Love

Cycling’s power couple won’t be in Paris after a Slovenian snub.
July 24, 2024

Utah Officially Wins 2034 Winter Olympic, Paralympic Games Bid

Salt Lake City last hosted the Winter Olympics in 2002.