PGA Championship 2024 prize money payout fails to compete with LIV tour prize

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PGA Championship News

PGA Tour,LIV Golf

The LIV Golf Tour offers a staggering $25 million purse per event, overshadowing the PGA Championship's $17.5 million, signaling a new era in golf's financial landscape.

While the PGA Championship is still a prestigious event with a significant purse of $17.5 million , it's clear that the LIV Golf Tour is the cash king, with a total purse of $25 million for each event, regardless of its distinction.

On the LIV circuit, out of the $25 million purse the tournament offers, $20 million is allocated for the individual competition . The winner receives $4 million with the remaining $5 million is distributed among the top three teams out of the 13 competing. Additionally, there is an unofficial 14th team consisting of reserve players.READ MORE: PGA Championship prediction, odds and betting offer

This financial backing enables the LIV league to offer significantly higher event purses as well as lucrative signing-on fees. However, due to its association with the Saudi government, both the PIF and LIV Golf have been accused of using sports washing, deflecting attention from its human rights record by funding numerous sports including tennis, football, Formula One, and boxing.

PGA Tour LIV Golf

 

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