Top Purses for PGA Events in 2024 - Front Office Sports (2024)

One unique aspect of professional golf is the commission based payment structure with the best performing players at a given tournament receiving a greater chunk of the total purse. Winning a PGA tournament can be life changing with many tournaments offering multi-million dollar compensation packages to the winner.

The Players Championship is the most lucrative of all PGA events offering a purse of $25 million. The winner is awarded $4.5 million of the purse with the rest allocated to every golfer who made the cut. Trailing behind The Players Championship, there are 11 PGA events that offer a $20 million purse. The Arnold Palmer Invitational and The Memorial award $4 million to the winner while the rest offer $3.6 million.

Arguably the most prestigious tournament during the PGA calendar year, the Masters, offers an $20 million dollar prize purse with $3.6 million given to the winner of the green jacket. The CJ Cup Byron Nelson, RBC Canadian Open, and Valero Texas Open round out the top 15 with purses of $9.5 million, $9.4 million, and $9.2 million, respectively.

Top 15 Largest PGA Purses for 2024

Here is the full list of the top 15 PGA events with the largest purses for 2024. The list was compiled using data from PGA. Note that some tournament purses aren’t announced until the week before the tournament.

DateTournamentPurseWinner’s Share
March 9-12Players Championship$25 million$4.5 million
January 4-7The Sentry$20 million$3.6 million
February 1-3AT&T Pebble Beach Pro-AM$20 million$3.6 million
February 15-18Genesis Invitational$20 million$3.6 million
March 7-10Arnold Palmer Invitational$20 million$4 million
April 18-21RBC Heritage$20 million$3.6 million
May 9-12Wells Fargo Championship$20 million$3.6 million
June 6-9The Memorial$20 million$4 million
June 20-23The Travelers Championship$20 million$3.6 million
August 15-18FedEx St. Jude Championship$20 million$3.6 million
August 22-25BMW Championship$20 million$3.6 million
April 11-14The Masters$20 million$3.6 million
May 2-5The CJ Cup Byron Nelson$9.5 million$1.71 million
May 30- June 2RBC Canadian Open$9.4 million$1.692 million
April 4-7Valero Texas Open$9.2 million$1.656 million
Top Purses for PGA Events in 2024 - Front Office Sports (2024)

FAQs

Top Purses for PGA Events in 2024 - Front Office Sports? ›

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.

What is the purse for the Memorial Tournament 2024? ›

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.

What is the purse for the Charles Schwab 2024? ›

Here are the final payouts from the $9.1 million purse at the Charles Schwab Challenge.

What are the highest purses in PGA tournaments? ›

The 2024 PGA Championship purse has been set for $18.5 million, $1 million more than last year. It's part of the $398,900,000 designated for 37 of the 38 PGA Tour events on the 2024 schedule. The Players Championship offered one of the biggest purses with $25 million and $4.5 million going to the winner.

What is the payout at the 2024 PGA Championship? ›

Below is a breakdown of the prize purse for the 2024 PGA Championship. The total prize purse is $18,500,000.

How much did Liv pay Bryson DeChambeau? ›

How big was DeChambeau's LIV deal? It's been reported that it includes $100-125 million guaranteed. Other sources have reported that half of that figure may have been paid upfront when DeChambeau signed. By the end of 2023, he was estimated to have made over $15 million on the course in his brief LIV career.

How much money has Scottie Scheffler won in 2024? ›

$27,696,858. So that's around $1.8 million for every tournament he's played this year, and around $460,000 for every round he's teed it up. Scheffler's 2024 money easily surpasses his record-breaking earnings last year, when he took home $21 million.

What is the purse for the Muirfield Memorial Tournament? ›

With that, you can check out the complete payout breakdown for this week's Memorial, played at Muirfield Village Golf Club. The total purse is $20 million.

What is the purse for the Open tournament? ›

The United States Golf Association announced on Wednesday that this year's U.S. Open will feature a purse of $21.5 million, which is up from $20 million in 2023.

How much money did Charles Schwab have when he died? ›

Eight months after Rana's death, in September 1939, Charles Michael Schwab, age seventy-seven, died of a heart attack. Schwab's estate showed assets of $1.4 million and debts of $1.7 million, making him technically bankrupt when he died.

Is Charles Schwab a billionaire? ›

He semi-retired from the company in 2008 when he stepped down as CEO, but he remains chairman and is the largest shareholder. Charles Robert Schwab Sr. Sacramento, California, U.S. As of April 2024, his net worth is estimated by Forbes to be $10.5 billion, making him the 205th richest man in the world.

Is it safe to keep money in Charles Schwab? ›

Your assets are protected at Schwab. We work hard to make Schwab a secure and safe place for your money. Whether you hold securities like stocks, bonds, mutual funds, exchange traded funds, or money market funds in a Schwab brokerage account, or cash deposits in a Schwab Bank account, we have your assets protected.

What is the highest purse for the PGA Tour 2024? ›

(The Players Championship remains the richest purse in golf at a total of $25 million.) This year, the 2024 PGA Championship purse increased again to a total of $18.5 million.

What is the purse for the 2024 Players Championship? ›

Travelers Championship 2024 prize money: How the $20 million purse was paid out. The PGA Tour wrapped up its final signature event of the season with a familiar winner.

What is the prize money breakdown for the PGA Championship? ›

The PGA of America announced on Saturday this year's purse has increased to $18.5 million — a million more than last year — and the winner will take home $3.33 million. Second ($1.99 million) and third place ($1.26 million) will also earn seven figures.

What is the purse for the PGA Tour Open? ›

The U.S. Open features a $21.5 million purse, a $1.5 million increase from last year, with the winner taking home $4.3 million, up from $4 million in 2023. U.S. Open rookie Ludvig Åberg sits atop a crowded leaderboard at 5-under heading into the weekend at Pinehurst.

What do PGA Tour players keep in their bag? ›

Variety of Clubs

There will be a driver and a three wood for sure, but few top pros carry a five wood. Instead there may be a two iron and a three iron. Some also carry driving irons. They know the importance of the short game, so the majority will carry as many as four different wedges.

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