The Players Championship Prize Money - $15m Up For Grabs

A massive $2.7m will go to this week's Players Championship winner

The Players Championship Prize Money
(Image credit: Getty Images)

A massive $2.7m will go to this week's Players Championship winner

The Players Championship Prize Money - $15m Up For Grabs

The Players Championship is known as golf's unofficial fifth Major, and its prize fund is now the biggest in golf for a single tournament.

This week's event offers up of a huge $15m, making it significantly more lucrative than the four Majors in terms of prize money.

That is going by last year's Major purses, which could be increased this year in reply to Sawgrass.

Last year's Masters purse was $11.5m, the USPGA's was $11m, the US Open's was $12.5m and the Open Championship's was $10.75m.

The US Open's first-place cheque of $2.25m was the biggest in golf, until the European Tour Final Series usurped it with $2.5m to the Nedbank Golf Challenge winner and $3m to the DP World Tour Championship winner.

The victor at Sawgrass this week will pick up a tidy $2.7m, up $450,000 on the $2.25m that Rory McIlroy won last year.

Related: The Players Championship Betting Tips

In 2019, runner-up Jim Furyk collected $1.35m, so this week's runners-up prize, assuming it has also been significantly bumped up, is likely to be bigger than many PGA Tour winner's cheques.

The PGA Tour announced a new nine-year domestic TV deal after the Arnold Palmer Invitational, with commissioner Jay Monahan saying that player earnings are set to increase.

“The nine-year deals will put us in a position to significantly increase player earnings, deliver more value to our tournaments and sponsors, and ultimately allow us to continue to grow our charitable footprint," Monahan said.

This is thought to be direct retaliation to the newly-proposed Premier Golf League, a new 48-man 18-tournament league hoped to begin in 2022.

The PGL is set to be very lucrative for players, with money coming from the likes of New York investment bank the 'Raine Group' as well as the Saudi Public Investment Fund.

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Elliott Heath
Senior Staff Writer

Elliott Heath is our Senior Staff Writer and has been with Golf Monthly since early 2016. He graduated in Sports Journalism in 2016 and currently manages the Golf Monthly news, courses and travel sections as well as our large Facebook, Twitter and Instagram pages. Elliott has interviewed some huge names in the golf world including Sergio Garcia, Thomas Bjorn, Bernd Wiesberger and Scotty Cameron as well as a number of professionals on the DP World and PGA Tours. He has also covered the 2022 Masters from Augusta National as well as three Open Championships including at Carnoustie in 2018 when he was inside the ropes with Tiger Woods. He has played 31 of our Top 100 golf courses, with his favourites being both Sunningdales, Woodhall Spa, Old Head and Alwoodley. He currently plays at West Byfleet Golf Club in Surrey, where his handicap index floats anywhere between 4-6. His golfing highlight is making albatross on the 9th hole on the Hotchkin Course at Woodhall Spa, and he has made one hole-in-one.

Elliott is currently playing:

Driver: Honma TR20

3 wood: TaylorMade SIM2 Max

2 iron: Mizuno MP-18 MMC Fli-Hi

Irons: Mizuno MP5 4-PW

Wedges: Cleveland RTX ZipCore 50, 54, 58

Putter: Odyssey White Hot OG #5

Ball: Titleist Pro V1x