We’re only a few days away from the start of the PGA Championship and excitement is definitely building for the year’s final major tournament. It’s bound to be one blockbuster event, with 156 of the world’s best golfers competing this week at Baltusrol Golf Club. Considering that the PGA Championship is one of the most prestigious events on the golfing calendar, it stands to reason that this tournament is bound to reward its golfers in a more handsome manner than the other tour stops on schedule. Exactly how much cash is at stake in Springfield this week? Let’s all find out below.
And for an in-depth look at the upcoming action on the greens, check out our complete preview and sleeper picks for the 98th PGA Championship right after this.
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2016 PGA Championship Prize Money Breakdown
The Total Payout
There is money to be made in Springfield. The PGA Championship boasts a total purse of $10.5 million, with a hefty $1.89 million of that prize going to the eventual champion. That’s outstanding news for the world-class field considering the total payout last year amounted to only $10 million.To put into perspective the difference in prize money, defending champion Jason Day (+950) earned 1.8 million in this tournament last year. That’s 90,000 less than the amount the PGA champion will receive this year. Finishing second in this event ain’t bad either with the runner-up receiving a cash payout of $1.134 million. This is one of the few golf tournaments wherein the second place finisher (barring no ties) still gets a seven-figure sum.
The Complete Breakdown
Finish | Payout Amount |
---|---|
1st | $1,890,000 |
2nd | $1,134,000 |
3rd | $714,000 |
4th | $504,000 |
5th | $420,000 |
6th | $378,000 |
7th | $351,750 |
8th | $325,500 |
9th | $304,500 |
10th | $283,500 |
11th | $262,500 |
12th | $241,500 |
13th | $220,500 |
14th | $199,500 |
15th | $189,000 |
16th | $178,500 |
17th | $168,000 |
18th | $157,500 |
19th | $147,000 |
20th | $136,500 |
21st | $126,000 |
22nd | $117,600 |
23rd | $109,200 |
24th | $100,800 |
25th | $92,400 |
26th | $84,000 |
27th | $80,850 |
28th | $77,700 |
29th | $74,550 |
30th | $71,400 |
31st | $68,250 |
32nd | $65,100 |
33rd | $61,950 |
34th | $59,850 |
35th | $56,700 |
36th | $54,600 |
37th | $51,450 |
38th | $49,350 |
39th | $47,250 |
40th | $45,150 |
41st | $43,050 |
42nd | $40,950 |
43rd | $38,850 |
44th | $36,750 |
45th | $34,650 |
46th | $32,550 |
47th | $30,450 |
48th | $28,350 |
49th | $27,300 |
50th | $26,250 |
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