LIV Golf has been making waves in terms of prize money in the golfing world. The Open just had a tournament record fund which was 22% more than the previous year. We have done an interesting comparison between the recent Open at St. Andrews and the recent LIV Golf event at Pumpkin Ridge.
How Much Was The Total Purse?
LIV Golf: $25 million
The Open: $14 million
*Record tournament fund for The Open (22% increase from last year)
What Does The Winner Take Home?
LIV Golf: Branden Grace took home $4 million
The Open: Cameron Smith took home $2.5 million
2nd and 3rd Place Winnings
LIV Golf:
2nd place Carlos Ortiz made $2,1 million
3rd place Patrik Reed and Dustin Johnson took home $1,5 million each
The Open:
2nd place Cameron Young made $1,45 million
3rd place Rory Mcllroy took home $933 thousand
Making The Cut To Make Cash
LIV Golf: Each golfer in the 48-man field will be poised to take home at least $120,000
The Open: Outside the top 10, the prize money continues to decrease incrementally until it reaches the cut mark, with the lowest player into the weekend set to claim $32,000
That’s Not All Folks
LIV Golf also features a team aspect and the four winning members of the team portion of the competition will receive an extra $750,000 on top of their payouts.
How Has This Affected Prize Money In Golf Moving Forwards
The LIV Golf event in Portland had a purse worth $7.5 million more then the most lucrative major on the PGA Tour which is the U.S. Open (Purse – $17.5 million).
This has caused the PGA Tour to announce that for 8 of their events next season there will be a larger purse. These events are going to have purses worth $20 million in total
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