With the Saudi-backed LIV Golf Series luring a number of stars away with lucrative contracts and the promise of guaranteed prize money, the PGA Tour has announced plans to increase their payouts for the 2022-23 season.
The total prize money on offer for the new season, aside from two Challenge series events, has risen to a reported $490.1million (£402m) - an increase of $63.5m (£52m). The prize money for non-major events will be a record $428.6m (£351m).
In a statement, PGA Tour commissioner Jay Monahan said: "We've heard from our fans and the overwhelming sentiment was that they wanted more consequences for both the FedEx Cup regular season and the playoffs, and to further strengthen events that traditionally feature top players competing head-to-head.
"We feel strongly we've accomplished all of these objectives and more, creating a cadence of compelling drama for every tournament throughout the season.
"Each week has its own identity and purpose, and we're set up for an exciting 2022-23 campaign as we transition into a calendar season in 2024 that will include a number of new and innovative competitive aspects in the fall."
It comes after LIV's chief executive Greg Norman revealed Tiger Woods turned down an offer of around £600m to join the breakaway league.
In an appearance on Fox News' Tucker Carlson Show, Norman was asked if reports that LIV made a $700-800m (£573-£655m) offer to Woods was correct. "That number was out there before I became CEO," he admitted.
"That number has been out there, yes. Tiger is a needle mover. So of course you got to look at the best of the best.
"They had originally approached Tiger before I became CEO so yes, that number is somewhere in that neighbourhood."
