Get all your news in one place.
100’s of premium titles.
One app.
Start reading
USA Today Sports Media Group
USA Today Sports Media Group
Sport
Todd Kelly

What are the prize money payouts for the 38 tournaments on the 2024 PGA Tour schedule?

There are 38 events on the PGA Tour’s 2024 schedule, with 37 of them doling out $398,900,000 in prize money payouts.

The Tour Championship provides the biggest paydays to the lucky 30 who reach the season finale, but all of the money distributed at East Lake Golf Club is considered bonus.

So it’s the first 37 events of the season that the write checks – or shall we say, eletronic transfers – the big sums that count towards the official money list.

The Players Championship has the most official money at stake. There are eight signature events with $20 million purses. There’s the majors and the FedEx Cup Playoff events. Then there’s the best of the rest and finally the four opposite-field affairs.

To repeat, there’s nearly $400 million in official prize money and another $75 in bonus money up for grabs on the PGA Tour in 2024. Here’s a breakdown.

The Players Championship

The Players Championship trophy on display at the entrance to the tee on the first hole during the final round of the 2023 Players Championship at TPC Sawgrass in Ponte Vedra Beach, Florida. (Photo: Bob Self/Florida Times-Union)

The so-called fifth major has the most dough available with a $25 million purse and a $4.5 million first-place prize. The top five will clear $1 million.

The majors

The fifth hole at Pinehurst No. 2 in Pinehurst, North Carolina. (Photo: Fred Vuich/USGA)

The U.S. Open is the richest of the four men’s majors. The Open matched the signature events in 2023 with a $20 million total purse and a $3.6 million first-place check. Like all the men’s majors for 2024, the total purse numbers will be unveiled the week of the tournament. Here’s what the four majors paid out in 2023:

Tournament Dates Course 2024 2023 total, first place
Masters Tournament April 11-14 Augusta National Golf Club TBD $18 million, $3.24 million
PGA Championship May 16-19 Valhalla Golf Club TBD $17.5 million, $3.15 million
U.S. Open June 13-16 Pinehurst No. 2 TBD $20 million, $3.6 million
Open Championship July 18-21 Royal Troon TBD $16.5 million, $3 million

 

Player-hosted signature events

The trophy at the 2023 Memorial Tournament at the Muirfield Village Golf Club in Dublin, Ohio. (Photo: Aaron Doster-USA TODAY Sports)

Of the eight signature events in 2024, three are of the Players-hosted variety. All signature events have a $20 million total purse but these three have an increased first-place prize of $4 million.

Tournament Dates Course 2024 total, first place 2023 total, first place
Genesis Invitational Feb. 15-18 Riviera Country Club $20 million, $4 million $20 million, $3.6 million
Arnold Palmer Invitational March 7-10 Bay Hill Club & Lodge $20 million, $4 million $20 million, $3.6 million
The Memorial Tournament June 6-9 Muirfield Village Golf Club $20 million, $4 million $20 million, $3.6 million

 

Signature events

The eighth Hole of Pebble Beach Golf Links in the Pebble Beach, California. (Photo: John Mummert/USGA)

Among the other five signature events in 2024, most are repeats from a year ago but the WM Phoenix Open has dropped off, replaced by the AT&T Pebble Beach Pro-Am.

Tournament Dates Course(s) 2024 total, first place 2023 total, first place
The Sentry Jan. 4-7 Plantation Course at Kapalua $20 million, $3.6 million $15 million, $2.7 million
AT&T Pebble Beach Pro-Am Feb. 2-5 Pebble Beach Golf Links $20 million, $3.6 million $9 million, $1.62 million
RBC Heritage April 18-21 Harbour Town Golf Linkes $20 million, $3.6 million $20 million, $3.6 million
Wells Fargo Championship May 9-12 Quail Hollow Club $20 million, $3.6 million $20 million, $3.6 million
Travelers Championship June 20-23 TPC River Highlands $20 million, $3.6 million $20 million, $3.6 million

 

FedEx Cup Playoff tournaments

Viktor Hovland raises the trophy after winning the 2023 BMW Championship in Olympia Fields, Illinois. (Photo: Jamie Sabau-USA TODAY Sports)

There are three FedEx Cup Playoff tournaments but the third, the Tour Championship, doles out its loot in the form of bonus money. It spends the same but it does not count towards a players official money.

Tournament Dates Course 2024 total, first place 2023 total, first place
FedEx St. Jude Championship Aug. 15-18 TPC Southwind $20 million, $4 million $20 million, $4 million
BMW Championship Aug. 22-25 Castle Pines Golf Club $20 million, $4 million $20 million, $4 million
Tour Championship Aug. 29-Sept. 1 East Lake Golf Club TBD $75 million, $18 million

 

The best of the rest

A general view of the 18th green during the second round of the AT&T Byron Nelson golf tournament. Mandatory Credit: Raymond Carlin III-USA TODAY Sports

Among this group, the Bryon Nelson is the one with the biggest payday. The Canadian Open is not far behind.

There were five of these with a purse less than $8 million a year ago. Now there’s just one, as the money continues to rise across the Tour.

Tournament Dates Course(s) 2024 total, first place 2023 total, first place
CJ Cup Byron Nelson May 2-5 TPC Craig Ranch $9.5 million, $1.71 million $9.5 million, $1.71 million
RBC Canadian Open May 30-June 2 Hamilton Golf & Country Club $9.4 million, $1.692 million $9 million, $1.62 million
Valero Texas Open April 4-7 TPC San Antonio $9.2 million, $1.656 million $8.9 million, $1.602 million
Rocket Mortgage Classic June 27-30 Detroit Golf Club $9.2 million, $1.656 million $8.8 million, $1.584 million
Charles Schwab Challenge May 23-26 Colonial Country Club $9.1 million, $1.638 million $8.7 million, $1.566 million
Texas Children’s Houston Open March 28-March 31 Memorial Park Golf Course $9.1 million, $1.638 million
$8.4 million, $1.512 million (2022)
Farmers Insurance Open Jan. 24-27 Torrey Pines (South Course) $9 million, $1.62 million $8.4 million, $1.566 million
Genesis Scottish Open July 11-14 The Renaissance Club $9 million, $1.62 million $9 million, $1.575 million
Cognizant Classic in the Palm Beaches Feb. 29-March 3 PGA National (Resort) $9 million, $1.62 million $8.4 million, $1.512 million
Zurich Classic of New Orleas April 25-28 TPC Louisiana $8.9 million, $1.602 million $8.6 million, $1.142 million
WM Phoenix Open Feb. 9-12 TPC Scottsdale (Stadium Course) $8.8 million, $1.584 million $20 million, $3.6 million
The American Express Jan. 18-21 PGA West (Pete Dye SC, Nicklaus TC, La Quinta CC) $8.4 million, $1.512 millon $8 million, $1.44 million
Valspar Championship March 21-24 Innisbrook Resort (Copperhead) $8.4 million, $1.512 million $8.1 million, $1.458 million
John Deere Classic July 4-7 TPC Deere Run $8.3 million, $1.494 million $7.8 million, $1.404 million
Sony Open in Hawaii Jan. 11-14 Waialae Country Club $8.3 million, $1.494 million $7.9 million, $1.422 million
3M Open July 25-28 TPC Twin Cities $8.3 million, $1.494 million $7.8 million, $1.404 million
Mexico Open at Vidanta Feb. 22-25 Vidanta Vallarta $8.1 million, $1.458 million $7.7 million, $1.386 million
Wyndham Championship Aug. 8-11 Sedgefield Country Club $7.9 million, $1.422 million $7.6 million, $1.368 million

 

The opposite-field events

There are four of these opposite-field events, all of them providing golfers with a change at a valuable PGA Tour win. The money is up on all of them but still short of a million dollar first-place prize. One of them is a new event at Myrtle Beach.

Tournaments Dates Course 2024 total, first place 2023 total, first place
Puerto Rico Open March 7-10 Grand Reserve Golf Club $4 million, $720,000 $3.8 million, $684,000
Corales Puntacana Championship April 18-21 Puntacana Resort & Club $4 million, $720,000 $3.8 million, $684,000
Myrtle Beach Golf Classic May 9-12 Dunes Golf and Beach Club $4 million, $720,000 new event in 2024
Barracuda Championship July 18-21 Tahoe Mountain Club $4 million, $720,000 $3.8 million, $684,000

 

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.