PGA Tour sends bombshell letter to its players revealing HUGE increases to prize money
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PGA Tour sends bombshell letter to its players revealing HUGE increases to prize money in a serious blow for mega-rich breakaway LIV series… with minimum salary of $500k, immediate LIFETIME membership for players and a new average purse of $20m
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The PGA Tour has dealt a huge body blow to its rival LIV Golf series by announcing massive increases to prize money in a bombshell letter sent to its players.
Commissioner Jay Monahan has given the green light to some immediate changes in a bid to keep players on the PGA Tour, in the face of some of the world’s top players defecting to the new Saudi-backed LIV tour.
In a three-page letter sent to players on Wednesday, it was revealed that there will now be a minimum salary of $500,000 for all players on the PGA Tour, a new average purse of $20million to keep pace with LIV, and immediate lifetime membership for players when they reach 20 wins – rather than the initial 15 years needed.
The players who have stayed loyal to the PGA Tour, including Rory McIlroy (left) and Tiger Woods, have been rewarded with huge increases to prize money
PGA Tour commissioner Jay Monahan revealed the details in a letter sent to his players
The news will come as a huge blow to LIV and Greg Norman as they continue to try and lure players to their new series, with the likes of Brooks Koepka, Bryson Dechambeau, Phil Mickelson and Dustin Johnson having already jumped ship.
The PGA’s changes are huge, and immediate, and will see the world’s top players compete against each other in around 20 PGA Tour events next year.
In addition, stars will receive $5,000 for missing cuts at the tournaments.
More to follow.