Introduction
The Tour Championship is the final event on the professional golf calendar and one of the most prestigious tournaments in the world. This year’s event will take place from August 22nd to 25th at East Lake Golf Club in Atlanta, Georgia. The tournament features 30 of the best players from the PGA Tour, all vying for the coveted title of Tour Champion. But what is the payout for the Tour Championship?
Exploring the Financial Rewards of the Tour Championship
The Tour Championship offers a significant financial reward for its participants. The total purse for the tournament is $45 million, with a winner’s share of $15 million. This is the largest purse in professional golf and one of the largest purses in all of sports.
An Overview of the Cash Payouts at the Tour Championship
At the Tour Championship, the top five finishers receive the following cash payouts:
- 1st Place – $15 million
- 2nd Place – $7.5 million
- 3rd Place – $4.5 million
- 4th Place – $3 million
- 5th Place – $2 million
In addition to the cash payouts, the top three finishers also receive bonus points that can be used towards their FedEx Cup standings. The winner of the Tour Championship receives 2,000 bonus points, while the second-place finisher earns 1,200 points and the third-place finisher earns 800 points.
The Money Behind the Tour Championship
The Tour Championship is one of the most lucrative events on the PGA Tour. It is sponsored by FedEx, which has been the title sponsor since 2007. The tournament is funded by the PGA Tour and its other sponsors, including Rolex and Mercedes-Benz. The total purse for the tournament is divided into two parts: the official prize money and the unofficial prize money. The official prize money is paid out by the PGA Tour to the top five finishers, while the unofficial prize money is paid out by the sponsors. This unofficial prize money is not included in the total purse and is not distributed to the players.
A Look at the Prize Money of the Tour Championship
The Tour Championship offers a significant financial reward for its participants. The total purse for the tournament is $45 million, with a winner’s share of $15 million. The remaining $30 million is divided among the other 29 players in the field. The breakdown of the prize money is as follows:
- 1st Place – $15 million
- 2nd Place – $7.5 million
- 3rd Place – $4.5 million
- 4th Place – $3 million
- 5th Place – $2 million
- 6th Place – $1.5 million
- 7th Place – $1.25 million
- 8th Place – $1 million
- 9th Place – $750,000
- 10th Place – $600,000
- 11th to 15th Places – $400,000 each
- 16th to 20th Places – $200,000 each
- 21st to 25th Places – $100,000 each
- 26th to 30th Places – $50,000 each
In addition to the cash payouts, the top three finishers also receive bonus points that can be used towards their FedEx Cup standings. The winner of the Tour Championship receives 2,000 bonus points, while the second-place finisher earns 1,200 points and the third-place finisher earns 800 points.
Conclusion
The Tour Championship is one of the most lucrative events on the PGA Tour, offering a significant financial reward for its participants. The total purse for the tournament is $45 million, with a winner’s share of $15 million. The remaining $30 million is divided among the other 29 players in the field. In addition to the cash payouts, the top three finishers also receive bonus points that can be used towards their FedEx Cup standings.
Overall, the Tour Championship provides a substantial financial reward for its participants, making it one of the most sought-after titles in professional golf.
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