Proposed New Wikipedia Page: PGA Tour Prize Money

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Thanx-A-Lot, Frank ... Fgf2007 (talk) 10:02, 2 March 2023 (UTC)


PGA Tour Prize Money, often referred to by the Tour as Official Money, is the money which is awarded to professionals for finishes in each PGA Tour tournament that is co-sponsored or approved by the Tour. Players will earn Official PGA Tour Prize Money only by competing in an actual given tournament, and such money will count towards the PGA Tour's Official Money List.

Any other money that a player earns from such things as pro-amateur competitions (either as part of the ongoing main tournament or separately), team competitions; any domestic or international individual (IE, non-team) event not designated by the PGA Tour as an Official Money Event; or, from various sponsor endorsements, is considered to be un-official money.


Current Standard Distribution Method

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For the 2019-20 PGA Tour Season, a new 65-place distribution method is in effect. It compliments a change of the PGA Tour 36-hole cut rule. Previously, the cut was to the Low 70 and ties; now it's Low 65 and ties.

When a tournament first begins play, its field typically has 105 to 156 players. Then after 36 holes (54 at AT&T-Pebble Beach and Humana Challenge) the field is usually cut down to the Low 65 Scorers plus ties. Those players who do not survive the cut will not receive any shares of the purse. Those players who do survive the cut -AND- go on to officially finish all scheduled holes of the competition will receive a prize based on their finish in the tournament.

For money to count as official -- and thus earn (or improve upon) a position on the PGA Tour's Official Money List -- a player must officially complete all scheduled holes of competition.

For 2019-20 season and after
   Announced Purse: $ 5,000,000   1st Prize: $ 900,000 (18% of total purse)

   Divide the 1st prize of the particular event being contested by $900,000.
   Use the result to multiply individual place prizes.

    1..$ 900,000   21..$ 61,250   41..$ 20,750   61..$ 11,150
    2..$ 545,000   22..$ 56,250   42..$ 19,750   62..$ 11,050
    3..$ 345,000   23..$ 52,250   43..$ 18,750   63..$ 10,950
    4..$ 245,000   24..$ 48,250   44..$ 17,750   64..$ 10,850
    5..$ 205,000   25..$ 44,250   45..$ 16,750   65..$ 10,750

    6..$ 181,250   26..$ 40,250   46..$ 15,750
    7..$ 168,750   27..$ 38,750   47..$ 14,750
    8..$ 156,250   28..$ 37,250   48..$ 13,950
    9..$ 146,250   29..$ 35,750   49..$ 13,250
   10..$ 136,250   30..$ 34,250   50..$ 12,850

   11..$ 126,250   31..$ 32,750   51..$ 12,550   
   12..$ 116,250   32..$ 31,250   52..$ 12,250   *** TIE EXAMPLES ***
   13..$ 106,250   33..$ 29,750   53..$ 12,050   
   14..$  96,250   34..$ 28,500   54..$ 11,850   3-way tie, 2nd Place
   15..$  91,250   35..$ 27,250   55..$ 11,750   $ 378,333.33

   16..$  86,250   36..$ 26,000   56..$ 11,650   7-way tie, 29th Place
   17..$  81,250   37..$ 24,750   57..$ 11,550   $ 31,357.14
   18..$  76,250   38..$ 23,750   58..$ 11,450   
   19..$  71,250   39..$ 22,750   59..$ 11,350   
   20..$  66,250   40..$ 21,750   60..$ 11,250   

   When more than 65 professionals finish  72 holes, the worth of
   places below 65th is as follows -- 66th, $ 10,650; 67th, $ 10,550;
   68th, $ 10,450; 69th, $ 10,350; and so on to the last finishing pro.

Ties: Other than First Place

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Ties involving any place other than first are handled as shown in the following examples ...

  • A three-way tie for second - the 2nd, 3rd and 4th place prizes ($ 545,000 + $ 345,000 + $ 245,000) are added together, then divided by three. The result of $378,333.33 is awarded to each player, with the player who finished tournament play the earliest receiving an extra penny.
  • A seven-way tie for 22nd - the 22nd thru 28th place prizes ($56,250 + $ 52,250 + $48,250 + $44,250 + $40,250 + $38,750 + $37,250) are added together, then divided by seven. The result of $45,321.42 is awarded to each player, with the first six players who finished tournament play the earliest each receiving an extra penny.

To explain the Extra Penny Rule -- Because the PGA Tour is a charitable non-profit organization, it has to account for each and every penny it takes in and gives out.

Ties for First Place

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If, at the end of regulation play in any given tournament, there is a tie for the championship, which is in effect first place, a playoff will occur. If the playoff has just two participants, then the playoff winner is awarded first place money and the loser second place money. If the playoff has three or more participants, then the winner gets first place money while the losers, who are deemed to be tied for second place, receive equal shares of consolation money, using the rules described in the "Ties: Other than First Place" section above.

In any playoff with three-or-more participants, it matters not if a given participant is eliminated before the playoff's final outcome is decided. Imagine in a three-way playoff that one participant is eliminated after one or two holes, and then the other two continue on, say, two more holes before one wins outright. The player that was eliminated from the playoff first is still considered tied for second with the other playoff loser. All losers of 3-or-more man playoffs are always considered tied for second no matter which point in the playoff they are eliminated.


Previous Purse Distribution Methods

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 1979 to 2018-19 :: $ 5,000,000   18%-1st Place | 70-Place Purse

  1..$ 900,000   21..$ 60,000   41..$ 20,500   61..$ 10,900
  2..$ 540,000   22..$ 56,000   42..$ 19,500   62..$ 10,800
  3..$ 340,000   23..$ 52,000   43..$ 18,500   63..$ 10,700
  4..$ 240,000   24..$ 48,000   44..$ 17,500   64..$ 10,600
  5..$ 200,000   25..$ 44,000   45..$ 16,500   65..$ 10,500

  6..$ 180,000   26..$ 40,000   46..$ 15,500   66..$ 10,400
  7..$ 167,500   27..$ 38,500   47..$ 14,500   67..$ 10,300
  8..$ 155,000   28..$ 37,000   48..$ 13,700   68..$ 10,200
  9..$ 145,000   29..$ 35,500   49..$ 13,000   69..$ 10,100
 10..$ 135,000   30..$ 34,000   50..$ 12,600   70..$ 10,000

 11..$ 125,000   31..$ 32,500   51..$ 12,300   
 12..$ 115,000   32..$ 31,000   52..$ 12,000   *** TIE EXAMPLES ***
 13..$ 105,000   33..$ 29,500   53..$ 11,800   
 14..$  95,000   34..$ 28,250   54..$ 11,600   3-way tie, 2nd Place
 15..$  90,000   35..$ 27,000   55..$ 11,500   $ 373,333.33

 16..$  85,000   36..$ 25,750   56..$ 11,400   7-way tie, 29th Place
 17..$  80,000   37..$ 24,500   57..$ 11,300   $ 31,107.14
 18..$  75,000   38..$ 23,500   58..$ 11,200   
 19..$  70,000   39..$ 22,500   59..$ 11,100   
 20..$  65,000   40..$ 21,500   60..$ 11,000   

 If more than 70 professionals finish the event, then each place beyond
 the 70th is worth $ 100 less than the place above it (71st - $ 9,900;
 72nd - $ 9,800; 73rd - $ 9,700; and so on). Prize money is awarded to
 all professionals finishing 72 holes (or 54 holes, if scheduled as such).

   When more than 70 professionals finish  72 holes, the worth of
   places below 70th is as follows -- 71st, $ 9,900; 72nd, $ 9,800;
   73rd, $ 9,700; 74th, $ 9,600; and so on to the last finishing pro.

 _____________________________________________________________________________

 1973 to 1978 :: $ 5,000,000   20%-1st Place | 70-Place Purse

  1..$ 1,000,000   21..$ 55,000   41..$ 20,500   61..$ 9,750
  2..$   570,000   22..$ 50,000   42..$ 19,500   62..$ 9,500
  3..$   355,000   23..$ 47,000   43..$ 18,500   63..$ 9,250
  4..$   235,000   24..$ 44,000   44..$ 17,500   64..$ 9,000
  5..$   205,000   25..$ 41,500   45..$ 16,500   65..$ 8,750

  6..$   180,000   26..$ 40,000   46..$ 15,500   66..$ 8,500
  7..$   160,000   27..$ 38,500   47..$ 14,500   67..$ 8,250
  8..$   147,500   28..$ 37,000   48..$ 13,500   68..$ 8,000
  9..$   135,000   29..$ 35,500   49..$ 13,000   69..$ 7,750
 10..$   125,000   30..$ 34,000   50..$ 12,500   70..$ 7,500

 11..$   115,000   31..$ 32,500   51..$ 12,250   
 12..$   105,000   32..$ 31,000   52..$ 12,000   *** TIE EXAMPLES ***
 13..$    95,000   33..$ 29,500   53..$ 11,750   
 14..$    90,000   34..$ 28,250   54..$ 11,500   3-way tie, 2nd Place
 15..$    85,000   35..$ 27,000   55..$ 11,250   $ 386,666.67

 16..$    80,000   36..$ 25,750   56..$ 11,000   7-way tie, 29th Place
 17..$    75,000   37..$ 24,500   57..$ 10,750   $ 31,107.14
 18..$    70,000   38..$ 23,500   58..$ 10,500   
 19..$    65,000   39..$ 22,500   59..$ 10,250   
 20..$    60,000   40..$ 21,500   60..$ 10,000   
 ____________________________________________________________________________

 1969 to 1972 :: $ 5,000,000   20%-1st Place | 70-Place Purse

  1..$ 1,000,000   11..$ 115,000   21..$ 55,000   31..$ 32,500
  2..$   570,000   12..$ 105,000   22..$ 50,000   32..$ 31,000
  3..$   355,000   13..$  95,000   23..$ 47,000   33..$ 30,000
  4..$   235,000   14..$  90,000   24..$ 44,000   34..$ 29,000
  5..$   205,000   15..$  85,000   25..$ 41,500   35..$ 28,000

  6..$   180,000   16..$  80,000   26..$ 40,000   36..$ 27,000
  7..$   160,000   17..$  75,000   27..$ 38,500   37..$ 26,000
  8..$   147,500   18..$  70,000   28..$ 37,000   38..$ 25,000
  9..$   135,000   19..$  65,000   29..$ 35,500   39..$ 24,000
 10..$   125,000   20..$  60,000   30..$ 34,000   40..$ 22,500

 Places 1 to 50, $ 4,800,000  |  Places  51-up, $ 200,000

 The 51-up portion is divided into equal shares (E.S.)
 based on the number of professionals beyond the 50th.

 41..$ 21,000   E.S. (20) $ 10,000.00     
 42..$ 19,500   E.S. (21) $  9,523.81     *** TIE EXAMPLES ***
 43..$ 18,000   E.S. (22) $  9,090.91     
 44..$ 16,500   E.S. (23) $  8,695.65     3-way tie, 2nd Place
 45..$ 15,000   E.S. (24) $  8,333.33     $ 386,666.67

 46..$ 14,000   E.S. (25) $  8,000.00     7-way tie, 29th Place
 47..$ 13,000   E.S. (30) $  6,666.67     $ 31,428.57
 48..$ 12,000   E.S. (35) $  5,714.29     
 49..$ 11,000   E.S. (40) $  5,000.00     
 50..$ 10,000   E.S. (50) $  4,000.00     
 _____________________________________________________________________________

 1965 to 1968 :: $ 5,000,000   20%-1st Place | 50-Place Purse

  1..$ 1,000,000   21..$ 60,000   41..$ 22,000
  2..$   600,000   22..$ 55,000   42..$ 20,000
  3..$   375,000   23..$ 50,000   43..$ 18,000
  4..$   250,000   24..$ 45,000   44..$ 16,000
  5..$   215,000   25..$ 42,500   45..$ 14,000

  6..$   190,000   26..$ 41,250   46..$ 12,000
  7..$   170,000   27..$ 40,000   47..$ 11,500
  8..$   155,000   28..$ 38,750   48..$ 11,000
  9..$   140,000   29..$ 37,500   49..$ 10,500
 10..$   130,000   30..$ 36,250   50..$ 10,000

 11..$   120,000   31..$ 35,000   
 12..$   110,000   32..$ 33,750   *** TIE EXAMPLES ***
 13..$   100,000   33..$ 32,500   
 14..$    95,000   34..$ 31,250   3-way tie, 2nd Place
 15..$    90,000   35..$ 30,000   $ 408,333.33

 16..$    85,000   36..$ 28,750   7-way tie, 29th Place
 17..$    80,000   37..$ 27,500   $ 33,750.00
 18..$    75,000   38..$ 26,250   
 19..$    70,000   39..$ 25,000   
 20..$    65,000   40..$ 23,750   

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