PGA Tour reportedly will add a number of $ 20 million tournaments in 2023 as an try to fight LIV Golf

PGA Tour responded – a number of occasions and in several methods – to the upstart LIV Golf League. Their newest opposition to the LIV depriving it of a number of stars and a number of high winners is a plan so as to add to the big-money annual calendar, with particular person wallets price about $ 20 million to be faraway from the highest 50 gamers from the earlier season.

In accordance with Golfweek, the PGA Tour is more likely to impose three $ 60 million tournaments on the deliberate occasions within the fall. They are going to characteristic 50 golfers who will qualify for the BMW Championship, the second of three FedEx Cup playoffs, and will probably be distributed all through Asia, Europe and the Center East.

One other proposed change is that solely 70 golfers (lower than 125) will probably be eligible to take part within the first occasion of the FedEx Cup playoffs, the St. Jude Championship. Solely these 70 will probably be assured PGA Tour playing cards for the subsequent season, which is able to return to the calendar yr beginning in January 2024.

As well as, the wallets of eight completely different occasions have already been elevated, a lot of them virtually doubled, and the biggest particular person pockets in golf now belongs to The Gamers Championship, which has grown from $ 20 million to $ 25 million.

Golf canal

Including three occasions will create tournaments that can really be the identical because the World Golf Championship, which was established twenty years in the past. It will be more durable to get as a result of they’re restricted to the highest 50 gamers of the earlier season, however the impact is identical. This can be a direct financial refutation of LIV Golf, which plans double-digit tournaments with $ 25 million subsequent yr ($ 20 million for people, $ 5 million for groups).

I’m wondering how a lot cash is being spent right here. The one occasion within the PGA Tour that’s at the moment equal to the scale of a pockets is the $ 20 million Gamers Championship. The most important present capital of the championship is the US Open, which has simply elevated its quantity to 17.5 million {dollars} in Brooklyn.

One other fascinating a part of this growth is the participant’s response. A part of the attraction of LIV Golf is that golfers can play fewer occasions for extra assured cash within the type of contracts. It would not matter the place Dustin Johnson and Bryson De Chambo find yourself at LIV Golf, as a result of they receives a commission anyway. This transfer of the PGA Tour will doubtlessly result in the celebs taking part in extra tournaments than they already play with out contractual cash in any respect.

It’s clear that golfers actually need assured cash, as Patrick Cantley stated on Tuesday on the Vacationers Championship.

“I positively assume it may be helpful,” Cantley stated. “I believe the expertise competitors is occurring proper now, and I believe you see it in another enterprise. Every so often you might have seen this in different skilled sports activities. A part of the fear is that you do not know what the long run holds. Now’s an unsure time for golf, however when you’re fascinated with it in a bigger enterprise panorama, it is a expertise contest. So if the PGA Tour is to stay an impressive tour for skilled golfers, it should be one of the best place to play for the world’s finest gamers. ”

Nonetheless, these further occasions could not even be what the main gamers have requested for.

“I believe there are many applications on the market that profit one of the best gamers, PIP, Comcast Prime-10, the FedExCup bonus, all designed to place extra money within the pockets of one of the best gamers,” stated Rory McIlroy. on the Wells Fargo Championship final month. “You play your finest and the cream ought to rise to the highest by the top of the yr. That is why Comcast Prime-10, FedExCup bonus cash is so excessive. And then you definitely add PIP for the individuals who earn probably the most affect on the Tour. “

Now one of the best gamers could have so as to add to their schedules to extend wealth for the common season. A part of the explanation for that is that the PGA Tour is a 501c group (6), which implies that it’s tax-exempt and subsequently must be inventive in the way in which it pays its voters (ie create extra occasions for gamers as a substitute of guaranteeing contracts). .

This new league, consisting of three league tournaments, is a part of that, and it ought to a minimum of assist care for one of the best gamers in money (particularly if additionally they carry 5 present wallets to $ 20 million), that, in response to the PGA Tour, it’s more likely to suppress the outflow of gamers in LIV Golf.

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