2024 Memorial Tournament prize money payouts for each PGA Tour player (2024)

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2024 Memorial Tournament prize money payouts for each PGA Tour player? ›

The winner of the Memorial Tournament will go home with a $4 million payday, with each of the top-four finishers earning seven figures. Below is everything you need to know about the Memorial Tournament's $20 million purse; you can catch the action from 2:30 p.m. ET until the completion of play on CBS.

The winner of the Memorial Tournament will go home with a $4 million payday, with each of the top-four finishers earning seven figures. Below is everything you need to know about the Memorial Tournament's $20 million purse; you can catch the action from 2:30 p.m. ET until the completion of play on CBS.

Upping the prize pool by $1.5 million for this year's championship, the USGA will be shelling out a total of $21.5 million after Sunday's festivities.

What if players finish the tournament tied? If golfers are tied, money they would earn for those positions is added up and then split evenly among the number of players tied.

Points & Payouts: Scottie Scheffler takes home $4M, 700 FedExCup points at the Memorial Tournament presented by Workday. Who else! Scottie Scheffler prevailed by one stroke at the Memorial Tournament presented by Workday on Sunday. It's his fifth victory of the season, all within his last eight starts.

The base salary for new Tour caddies begins at around $1,500 a week, while veterans can earn as much as $4,000 a week: The average is roughly $2,000 per week. This does not include bonuses based on player performance: When their player makes “the cut,” a caddie will receive a standard bonus of 5%.

The title was worth $4 million in prize money and pushed his 2024 winnings to a new PGA Tour record of $24 million. Scheffler has now set a record three straight years on the PGA Tour with $14 million in 2022, $21 million in 2023 and $24 million in 2024—and this year, there are still three months of golf to be played.

Average winnings reach above $1.5 million

1 in the world Scottie Scheffler, for example, earned a truly staggering $21,014,342 in the 2022-23 season, making him the highest single-season earner ever. His winnings cast a long shadow over the Tour average, which was $1.6 million for the 2021-22 season.

How much did Rory McIlroy make U.S. Open? ›

McIlroy earned $2,322,000 from finishing second in the 2024 U.S. Open, which had the largest purse in event history.

Points and payouts: Bryson DeChambeau wins $4.3M, Rory McIlroy picks up 400 FedExCup points at U.S. Open. Bryson DeChambeau knows … how to win U.S. Opens. For the second time in five years, DeChambeau is the U.S. Open champion.

Bryson DeChambeau's 2023 earnings

Forbes put together a list of the highest-paid pro golfers of the year, and Bryson came in at No. 6 on that list with an estimated $44 million in earnings.

The lowest-ranked PGA Championship contestant generally takes home around $19,000 for the tour, although the most recent last place Championship finisher, David Muttitt, received just a $3,000 payout.

Tournament winnings are an important part of professional golfers' annual income. Tournaments can offer payouts at any level, and even some charity events pay cash prizes to top players. Of course, the professional golf leagues like the PGA Tour offer the most money.

The Memorial features a $20 million total purse, with each placing player getting a portion of the prize money. As the winner, Scheffler wins $4 million, which equates to 20% of the total purse.

Entering high school, Scheffler was barely 5 feet (1.5 m) in height, but experienced a large growth spurt and soon measured over 6 feet (1.8 m) tall.

The Memorial Tournament (officially stylized as the Memorial Tournament) is a PGA Tour golf tournament founded in 1976 by Jack Nicklaus. It is played on a Nicklaus-designed course at Muirfield Village Golf Club in Dublin, Ohio, a suburb north of Columbus.