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.
LIV Golf: $25 million
The Open: $14 million
*Record tournament fund for The Open (22% increase from last year)
LIV Golf: Branden Grace took home $4 million
The Open: Cameron Smith took home $2.5 million
2nd place Carlos Ortiz made $2,1 million
3rd place Patrik Reed and Dustin Johnson took home $1,5 million each
2nd place Cameron Young made $1,45 million
3rd place Rory Mcllroy took home $933 thousand
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
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.
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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