#1 Oct. 29, 2023 Start of Vol. 3 Part 3A PGA/DPTOUR/LIV/PIF Updates

#1 Oct. 29, 2023 Start of Vol. 3 Part 3A PGA/DPTOUR/LIV/PIF Updates

This past weekend is one of the few when there is not a PGA event.  Since the end of the 3 tournament Tour Championship series there have been 4 very good fall events, a few DP tour events and 2 LIV events.  I will cover a few of the remaining 2023 PGA events but most of my future blogs for 2023 will be similar to the ones to be published this week.   They will cover any information about the 2024 PGA season and ongoing coverage of the PIF/PGA agreement. One of the key issues for any new agreement will be purses.  How much and who pays. No purses for the PGA 2024 season have been announced except for the 8 signature events $20M and the Players $25M, both same as last year.

PURSES

The purse for the Waste Management Phoenix Open was $20M last year because it was a signature event.  This year it will be replaced by the AT&T Pebble Beach Pro Am which has had a weak field and TV ratings for the past few years, and needed the shot in the arm of a signature event.  The result of this is that Waste Management purse will be reduced this year to around $9M, and this could set the tone for future PGA events.  Some decision will have to be made in time for the 2nd event of the 2024 season the Sony Open.  In 2021 the purse was $6.6M, 2022 $7.5M, 2023 $7.9 and 2024 will probably be between $8 & 9M.      

No explanation or reason has been given for the total purse of this years ZOZO Championship being reduced from $11 million to $8.5 million (-$2.5M 23%). 

Golfer earnings interesting information

1934 was the first year top the winner was determined.  It was Paul Runyan $6,767

1940’s-1940 Ben Hogan $10.6K 1945 Byron Nelson $63.3K 1949 Sam Snead $31.6K

1960’s-1960 Palmer $75.3K 1961 Player $64.5K 1965 Nicklaus $140.7K 1968 Casper $205.1

1988 Curtis Strange became the first player to earn over $1M a year.

1997 Tiger Woods became the first player to win over $2M. 

PGA 2023 Top$LIV 2023 Top$Top Career$Living Legends Career$
S Scheffler $21.0MT Gooch $17.3MT Woods $120.0M#138 G Norman $14.5M
J Rahm $16.5MC Smith $14.0MP Mickelson $90.5M#195 T Watson $11.1M
V Hovland $14.1MB Koepka $13.5MR McIlroy $80.1M#210 J Daly $10.3M
R McIlroy $13.9MB DeChambeau $13.3MD Johnson $75.4M#310 F Zeller $5.8M
M Homa $10.8MH Varner $9.1MJ. Furyk $71.5M#315 J Nicklaus  $5.7M
W Clark $10,7MD Johnson $8.7MV Singh $71.2M#325 R Floyd $5.3M
P Cantlay $10.4MB Grace $8.4MA Scott $62.9M#364 B Chamblee $4.0
B Harman $9.2M A Lahiri $8.3MJ Rose $61.8M#390 L Trevino $3.5M
K. Bradley $9.1MC Howell III $8.1M J Spieth $60.0M#419 J miller $2.7M
X Schauffele $8.5MM Perira $7.9MM Kucher $57.8M#469 G Player $1.8M


Posted

in

by

Tags:

Comments

Leave a comment