The PGA Tour will add a number of $ 20 million tournaments in 2023 in an effort to struggle LIV Golf, in response to experiences

The PGA Tour has reacted – various instances and in several methods – to the upstart LIV Golf League. Their newest opposition to LIV tearing away a handful of stars and a number of massive winners is a reported plan so as to add a big-money fall plan to the annual calendar with particular person wallets of about $ 20 million at stake among the many prime 50 gamers. from the earlier season.

In accordance with Golfweek, the PGA Tour is more likely to overlay the present scheduled occasions with three tournaments that can pay $ 60 million over the autumn. They’ll function the 50 golfers who qualify for the BMW Championship, the second of three FedEx Cup Playoff occasions, and be unfold throughout Asia, Europe and the Center East.

One other proposed change is that solely 70 golfers (down from 125) would qualify for the primary FedEx Cup Playoff occasion, St. Jude Championship. Solely these 70 might be assured PGA Tour tickets for the next season, which is able to return to be held over a calendar 12 months starting in January 2024.

As well as, the pockets for eight completely different occasions has already been elevated, lots of them nearly doubled, with the most important particular person pockets in golf now belonging to The Gamers Championship, which was moved from $ 20 million to $ 25 million.

Golf Channel

The addition of three occasions would create tournaments which are really the identical because the World Golf Championship occasions, which had been constructed 20 years in the past. It could be tougher to get into as a result of they’re restricted to the highest 50 gamers from the earlier season, however the impact is identical. It is a direct money idea to LIV Golf, which is planning double-digit $ 25 million tournaments subsequent 12 months ($ 20 million for people, $ 5 million for groups).

The fascinating factor is how a lot cash is being disputed right here. The one occasion on the PGA Tour that presently matches this purse measurement is the Gamers Championship, which awards $ 20 million. The most important present main championship purse is the US Open, which has simply pumped its quantity to $ 17.5 million in Brookline.

The opposite fascinating a part of this improvement is what the participant’s response might be. A part of the attract of LIV Golf is that golfers can play fewer occasions for extra assured cash within the type of contracts. It doesn’t matter the place Dustin Johnson and Bryson DeChambeau find yourself at LIV Golf occasions as a result of they receives a commission each methods. This transfer from the PGA Tour would doubtlessly make stars play extra tournaments than they already play for no contractually assured cash in any respect.

It’s clear that golfers need assured cash, as Patrick Cantlay acknowledged on Tuesday on the Vacationers Championship.

“I undoubtedly assume it might be helpful,” Cantlay mentioned. “I feel proper now there is a competitors for expertise occurring and I feel you see it in all types of different companies. You’ve got seen it in different skilled sports activities every now and then. A part of the priority just isn’t Understanding what the longer term holds might be like. Proper now it is an unsure time for golf, but when you concentrate on it within the bigger enterprise panorama, it is a expertise contest, so if the PGA Tour will stay the outstanding skilled tour golfers, it ought to be the perfect place to play for the perfect gamers on the earth. ”

Nonetheless, these further occasions might not even be one thing the highest gamers requested for.

“I feel there are sufficient applications in place that profit the highest gamers proper now, the PIP program, the Comcast Prime-10, the FedExCup bonus, all of these items are designed to place extra money within the prime gamers’ pockets,” Rory mentioned. McIlroy on the Wells Fargo Championship final month. “You play finest and the cream ought to rise to the highest by the tip of the 12 months. That is why Comcast Prime-10, FedExCup bonus cash is so excessive. And you then add the PIP to the individuals who make the largest impression on the Tour.”

Now prime gamers may have so as to add to their schedules to construct wealth within the common season. A part of the rationale for that is that the PGA Tour is a 501c (6) group, which implies it’s tax-free and due to this fact must be inventive with the way it pays its voters (ie creating extra occasions for gamers to play in). as a substitute of guaranteeing contracts).

This new league with three tournaments inside a league introduction is a part of it, and it ought to not less than assist handle the perfect gamers financially (particularly if additionally they bump 5 present wallets to $ 20 million), which the PGA Tour believes more likely to dampen the outflow of gamers to LIV Golf.

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