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PGA Tour 2022-23 season offers record $415m in prize money

The PGA Tour on Monday announced its schedule for the 2022-23 season, including total prize money that balloons to a record $415 million.

The schedule includes 47 tournaments, featuring 44 regular season events and three FedExCup Playoffs events, culminating with the crowning of the 2023 FedExCup champion at the Tour Championship at East Lake Golf Club in Atlanta, August 21- 27.

Next season’s schedule includes record prize money and eight invitationals spread throughout with players competing for elevated purses ranging from $15m to $25m. The bonus pools totaling $145m include $75m for the FedExCup, $20m for the Comcast Business Tour Top 10 and $50m for the Player Impact Program.

The announcement comes a week after the Saudi-bankrolled LIV Golf Series announced a 14-event schedule that will award $405m in prize money in 2023.

“We’ve heard from our fans and the overwhelming sentiment was that they wanted more consequences for both the FedExCup Regular Season and the Playoffs, and to further strengthen events that traditionally feature top players competing head-to-head,” said PGA Tour commissioner Jay Monahan. “We feel strongly we’ve accomplished all of these objectives and more, creating a cadence of compelling drama for every tournament throughout the season. Each week has its own identity and purpose, and we’re set up for an exciting 2022-23 campaign as we transition into a calendar season in 2024 that will include a number of new and innovative competitive aspects in the fall.”

Next season marks the last one that will span two calendar years. Beginning in 2024, the season will begin and end in the same calendar year.

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