Purses have been on the rise in recent years and the Masters now pays out more than twice as much as a decade ago.
AUGUSTA, Ga. – The Masters announced Saturday an increase in prize money for this year’s tournament to $20 million, up from $18 million a year ago and in line with the eight signature events and first two playoff events on the PGA Tour.The PGA Championship last year offered $17.5 million while the British Open was $16.5 million.
The Masters typically downplays the monetary rewards but is increasing the payout to the winner to $3.6 million from the $3.24 million paid to Jon Rahm in 2023. The 50th place finisher is slated to get $50,400. Those who missed the cut are paid $10,000, which is unofficial in PGA Tour earnings. The Masters purse has doubled in 10 years. When Bubba Watson won in 2014, the total payout was just over $9 million, with Watson getting $1.62 million.
For comparison, in the entirety of his career, Jack Nicklaus made just more than $720,000 in Masters prize money. He made the cut in a record 37 Masters and won the tournament six times.The Auburn Tigers need to watch out for these two Yale stars 2024 NCAA Tournament: How to watch Gonzaga Bulldogs vs. McNeese State Cowboys, live stream, TV channel for first round matchup
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