There’s a lot of money on the line for the 30 PGA Tour players competing in the 2020 Tour Championship. The 2020 Tour Championship purse is $46 million because the results determine the payout of that money from the FedEx Cup bonus pool, which is $60 million.
You’ll hear talk about how the winner of the FedEx Cup gets $15 million, and that’s true. They do get $15 million. However, they don’t get that $15 million paid to them right then and there. The winner of the Tour Championship gets $14 million in cash, with $1 million deferred into their PGA Tour pension account, which could grow into much more money than that considering how well it’s managed.
The second-place finisher in the Tour Championship, and therefore the FedEx Cup, gets $5 million in total compensation, with $4 million in cash and $1 million deferred. It goes on like this, down the final Tour Championship leaderboard, all the way down to 30th place, who gets $190,000 in cash for the week and $205,000 in deferred compensation.
Again, getting to the Tour Championship is a tremendous financial boon for the players, but they don’t get that money right away.
Tour Championship purse, winner’s share, prize money payout
POSCASHDEFERRED1$14,000,000$1,000,000$15,000,0002$4,000,000$1,000,000$5,000,0003$3,000,000$1,000,000$4,000,0004$2,200,000$800,000$3,000,0005$1,900,000$600,000$2,500,0006$1,500,000$400,000$1,900,0007$900,000$400,000$1,300,0008$700,000$400,000$1,100,0009$550,000$400,000$950,00010$430,000$400,000$830,00011$350,000$400,000$750,00012$325,000$380,000$705,00013$300,000$360,000$660,00014$280,000$340,000$620,00015$270,000$325,000$595,00016$260,000$310,000$570,00017$255,000$295,000$550,00018$250,000$285,000$535,00019$245,000$275,000$520,00020$240,000$265,000$505,00021$235,000$255,000$490,00022$230,000$248,000$478,00023$225,000$241,000$466,00024$220,000$236,000$456,00025$215,000$230,000$445,00026$210,000$225,000$435,00027$205,000$220,000$425,00028$200,000$215,000$415,00029$195,000$210,000$405,00030$190,000$205,000$395,000
By: Golf News Net
Title: Here’s how much money the Tour Championship players actually get right away
Sourced From: thegolfnewsnet.com/golfnewsnetteam/2020/09/07/heres-how-much-money-the-tour-championship-players-actually-get-right-away-120359/
Published Date: Mon, 07 Sep 2020 14:15:00 +0000
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https://news-golf.com/golf-news/titleist-tsi2-tsi3-driver-pictures-hit-the-usga-conforming-list/