News & Tours
Report: Players Championship increases purse to $20 million
Photo by Chris Condon/US PGA TOUR
The PGA Tour has informed players that the purse for next year’s Players Championship will increase by a minimum of $5 million, the Golf Channel first reported.
The news means the tour’s flagship event at TPC Sawgrass will boast at least a $20 million purse. It is by far the most money allotted in a single stroke-play tournament, and dwarfs the purses of the sport’s four majors in 2021 ($12.5 million for the U.S. Open, $12 million for the PGA Championship and $11.5 million for the Masters and Open Championship). The Players winner will reportedly earn $3.6 million, up from ther $2.7 million Justin Thomas made for his win in March.
The only payouts higher in golf come at the tour’s FedEx Cup Playoffs, with a $60 million pool distributed to those who make the postseason, $46 million distributed to the 30 players that reach the season-finale at East Lake and $15 million to the winner.
Additionally, the winner’s-only 2022 Tournament of Champions will see a prize money payout increase, going from $6.7 million to $8 million. According to reports, players will also be awarded $50,000 for making at least 15 starts, beginning this season.