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Players and PGA Championship to Offer $10 Million in Purses for 2014
Published: November 7, 2013
In other economic news, the PGA Championship and the Players Championship have announced they will offer purses totaling $10 million in fiscal 2014, according to PGA.com.
It seems the rich are going to get just a bit richer next year.
In an unprecedented move, the PGA of America and the PGA Tour, two organizations that very seldom agree on anything, have agreed to combine efforts and support some joint initiatives. One of which is raising the total purses for their premier golf tournaments.
The Players Championship, which is owned and operated solely by the PGA Tour, previously offered the largest purse in golf at $9.5 million. It will increase by $500,000 to $10 million in 2014.
PGA of America President Ted Bishop announced that the fourth major tournament of the year, the PGA Championship, would match the Players Championship’s $10 million purse next year.
The 2013 Masters Tournament, U.S. Open and the PGA Championship purses each totaled $8 million, with $1.44 million going to winners Adam Scott, Justin Rose and Jason Dufner, respectively. Phil Mickelson took home $1.443 million and the Claret Jug for his win in the Open Championship last year.
Adam, Justin, Phil and Jason are probably sorry they won in 2013. The winner’s share of a $10 million purse would have been $1.8 million.
You know what they say—a million here and a million there, pretty soon you are talking about real money.
The four World Golf Championship events—WGC-Accenture Match Play, WGC-Cadillac Championship, WGC-Bridgestone Invitational and WGC-HSBC Champions—have offered over $8.5 million and have been some of the larger...
Article Source: Bleacher Report - Golf
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