Prize money in golf has never been as high as it is now, as a consequence of LIV Golf having entered the marketplace sloshing dosh all over the place. (Admittedly the prize money scenario with LIV Golf may not be all that it seemed at first. Apparently those huge signing-on fees have to be worked off before the player earns any actual prize money – much in the same way author’s book advances have to be worked off before the writer receives any royalties – but lets skate over that.)
The regular season on the PGA Tour now offers about $450m in prize money even before you get to the largess on offer at the Tour Championship. The eight Signature events on the PGA Tour each have a purse of $20m in prize money. LIV Golf events also offer $20m purses for the individual competition contained within then, but also another $5m one for the team element. It also has an end-of-season bonanza where the cash is flashed. In its case it's the Team Championship where even the team finishing last wins $1.25m of the total $50m purse.
