On Sunday, August 12, 2018, the PGA Championship will take place at Quail Hollow Club in Charlotte, North Carolina. The contest is a major annual event on the professional golf tour and offers lucrative prize money for the winners. With top players from around the world vying to win, here’s a look at some of the prize money available this year.
An Unusual PGA Championship Prize Money
The PGA Championship prize money for the 2016 event was $11,000,000. The tournament’s winner received $1,500,000, while the second-place finisher received $750,000. The third- through tenth-place finishers each earned $250,000, while the eleventh through twentieth-place finishers each earned $100,000.
The PGA Championship prize money for the 2016 event was $11,000,000. The tournament’s winner received $1,500,000, while the second-place finisher received $750,000.
What Does a PGA Championship Entail?
The PGA Championship is one of golf’s most prestigious events. Held annually in late May or early June, the championship awards a purse of $2 million to the winner.
To qualify for the PGA Championship, golfers must win one of golf’s major championships. The Open Championship, U.S. Open, and British Open are the three most prestigious events, and each offers its unique set of rules and regulations.
For example, the Open Championship is played at Royal Troon in Scotland. In contrast, the U.S. Open is played at Congressional Country Club in Bethesda, Maryland, and the British Open is held annually at St Andrews Golf Club in Scotland.
Players who win one of these majors automatically qualify for the PGA Championship. However, there are also numerous other ways to qualify for the event: through qualifying rounds hosted by various golf clubs around the country, by earning positions on regional qualifying committees, or by winning a playoff conducted after all players have completed their regular tournament schedule.
Regardless of how a golfer qualifies for the PGA Championship, winning it is considered one of golf’s greatest honours. In recent years, many top professional golfers have won this championship title multiple times:
- Tiger Woods won it four times (2003-2006).
- Phil Mickelson has three (2007-2009).
- Adam Scott has two (2010-2012).
- Rory McIlroy has one (2013).
What is the Difference Between an Individual and Team PGA Championship?
The Individual PGA Championship is the oldest of the four PGA Championships and was first played in 1927. The prize money for the individual event has varied over the years but currently stands at $2.6 million. On the other hand, the team championship was first played in 1932 and currently awards a prize of $10 million to the winning team.
Several factors make the individual championship different from the team championship:
- Only one golfer can win each title.
- No playoffs or qualifying rounds determine who wins the individual title.
- The individual championship is played over 36 holes, while the team championship is played over 54 holes.
How Much Money Does a Player Receive for Winning a Major?
The 2017 PGA Championship winner will earn a total of $1,845,000. The first-place prize is $850,000, with the second and third-place finishers earning $675,000 and $540,000, respectively. The champion also receives a $60,000 bonus for winning the year’s first major.
Players also earn money for other finishes in a major. The top 10 earners for the 2017 PGA Championship will receive $75,000 each, with the 11th-15th place finishers earning $50,000 and the 16th-30th place finishers earning $25,000.
PGA Championship players 2022
The PGA Championship is one of golf’s most prestigious events. Held annually in late May or early June, the championship offers prize money of over $8 million. The winner of this event typically receives around $2 million. There are also several other lucrative prizes, including the champion’s share – the largest payout – worth $1,875,000.
As such, it is no surprise that many of golf’s top players are vying to win this championship in 2022. Already confirmed for the event are world number one golfer Tiger Woods and defending champion Brooks Koepka. Other high-profile contenders include Dustin Johnson, Bryson DeChambeau, Justin Thomas and Rickie Fowler.
This year’s championship will be played at Quail Hollow Club in Charlotte, North Carolina. With its wide range of challenging greens and stunning scenery, this course should excite the fans during the tournament. However, with so many top-level competitors in attendance, the competition will likely be fierce up until the final round!
Congratulations to the winners of this year’s PGA Championship! The event was full of exciting golf, and the prize money reflects that. With a total purse of $10 million, the top finishers will all walk away with extra cash. Whether you were rooting for one of your favourite players or just enjoyed watching some great golf, thank you for tuning in, and we hope you have a wonderful summer!
Q: What is the PGA Championship’s prize money?
A: The PGA Championship’s prize money is $10 million.