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British Open Prize Fund Increased To Million

Tiger Woods of the United States, right, tees off the 10th hole during a practice round for the British Open Golf Championships at the Royal Troon golf club in Troon, Scotland, Monday, July 15, 2024.

The British Open has announced an increase in its prize fund by $500,000, bringing it to a total of $17 million. This amount places it as the smallest among the four major golf championships and ranks 28th in comparison to all men's professional golf tournaments.

The driving force behind the significant rise in golf purses is LIV Golf, a Saudi-backed entity that debuted in 2022 with $20 million purses for 48-man fields and $4 million going to the winner. In response to this, the PGA Tour has upped its game by hosting 11 tournaments this year with prize funds exceeding $20 million.

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