Introduction
The Tour Championship is one of the most prestigious golf tournaments in the world. As part of the PGA Tour, it offers a substantial purse to the winner, as well as to the other players who finish in the top spots. In this article, we’ll explore what is the purse for the Tour Championship, how it works, and how it has changed over time.
Exploring the Breakdown of the Purse for the Tour Championship
The purse for the Tour Championship is composed of both prize money and other benefits. The total purse for the tournament is $45 million, which is distributed among all of the players who make the cut. Prize money is the largest portion of the purse, with $15 million being allocated to the winner of the tournament. The remaining $30 million is split among the other players based on their position in the standings.
In addition to the prize money, players also receive other benefits from the purse. These include invitations to other PGA Tour events, exemptions from qualifying for some tournaments, and additional endorsements and sponsorships. All of these help to increase a player’s earnings and profile on the tour.
A Closer Look at Who Benefits from the Purse for the Tour Championship
The purse for the Tour Championship is divided among all of the players who make the cut. The winners and runner-ups are the biggest beneficiaries, receiving the largest portion of the prize money. The lowest finishers also receive a portion of the purse, although it is significantly less than the top finishers.
As an example, the winner of the 2018 Tour Championship received $15 million. The runner-up received $5 million, while the third place finisher received $3 million. The fourth through tenth place finishers received $1.8 million each, while the eleventh through thirtieth place finishers received $1 million each.
How the Purse for the Tour Championship is Divided Amongst Players
When it comes to dividing up the purse for the Tour Championship, there are two main methods used. The first is a straightforward distribution of prize money. This is the simplest way of determining how much money each player will receive, as the amount is based solely on the player’s position in the standings.
The second method is known as equalisation. This involves taking into account the performance of each player throughout the tournament, as well as their overall ranking on the PGA Tour. This allows for a more equitable distribution of the purse, ensuring that the players who have performed the best during the tournament receive the greatest rewards.
Historical Perspective: How Has the Purse for the Tour Championship Changed Over Time?
The purse for the Tour Championship has grown steadily over the years. When the tournament was first held in 1987, the total purse was just $1.5 million. By 2018, it had increased to $45 million. This is a testament to the growth of the PGA Tour and the increasing popularity of golf worldwide.
The individual payouts for the winners and runners-up have also increased over the years. In 1987, the winner of the Tour Championship received just $270,000. By 2018, this figure had risen to $15 million. The remaining finishers also saw significant increases in their payouts, with the lowest finishers receiving $1 million in 2018, compared to just $18,000 in 1987.
Conclusion
The purse for the Tour Championship is one of the largest in professional golf. It is composed of both prize money and other benefits, and is divided amongst all of the players who make the cut. The winner receives the largest portion of the purse, while the other finishers receive smaller amounts. The purse has grown steadily over the years, with the winner’s share increasing from $270,000 in 1987 to $15 million in 2018.
The purse for the Tour Championship is an important part of the PGA Tour and helps to ensure that the best players are rewarded for their efforts. It is also a major source of income for many golfers, and helps to make the game more accessible to aspiring professionals.
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