Golf News: The PGA Tour has announced huge increases in prize money and cash bonuses as part of a record-breaking FedExCup schedule for 2021-22.
The revisions were announced by PGA Tour commissioner Jay Monahan in communication to players on Monday, with the average tournament prize purse increasing from $8 million to $9.1 million as a result of multiple significant increases.
The payouts for the first two FedExCup Playoffs, the FedEx St. Jude Championship and the BMW Championship, will increase by more than $5 million to $15 million, while the top 30 players compete in the season-ending Tour Championship will now compete for the first prize of $18 million.
The Players Championship’s prize pool has been upped to $20 million, making it the biggest tournament in the world, with the Genesis Invitational, Arnold Palmer Invitational, and Memorial Tournament all offering $12 million.
“The PGA Tour is stronger than it has ever been, and the game of golf is gaining unparalleled momentum,” Monahan said. “We are poised to grow faster in the next ten years than at any other time in our history, and we remain laser-focused on strengthening our core offering and investing in our members.”
Other increases include a $15 million boost in the FedExCup bonus to $75 million, as well as a $20 million increase in the Comcast Business Tour Top 10. The PGA Tour has now added a Play15 incentive, which guarantees money to each player who competes in 15 events throughout a season.
The Player Impact Program, which rewards the top ten needle-movers with the highest “Impact Score,” will pay out $50 million this year, a $10 million increase over last year.
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