PGA Championship 2024 prize money payouts: Another major, another record purse

PGA Championship 2024 prize money payouts at Valhalla hit another record-breaking number it's a sign of the times in men's professional golf the question wasn't whether the PGA of America was going to increase it's prize money payout for each golfer at this year's PGA Championship to another record payday rather it was by how much that amount turned out to be $1 million the PGA of America announcing Saturday that its overall purse had jumped to $18.5 million on Sunday Xander schaul birdied the 72nd hole to shoot 65 at Valhalla Golf Club in Louisville to take home $33.33 million to put that number in perspective just four years ago at TPC Harding Park the overall purse was 11 million but then the PGA of America bumped the amount by $1 million for the 2021 PGA at CA $3 million more for the 2022 PGA at Southern Hills and another $2.5 million for the 2023 PGA at oakill here's a look at the evolution of the prize money payout in the PGA Championship offering a revealing glance at the trajectory of golf purses in general over the years the latest jump however leaves the PGA championships purse shy of the $20 million paydays offered in the PGA Tours New Signature Events as well as the $20 million paydays being played for individually on the Liv golf circuit players missing the cut and turning in a 36hole score were paid $4,000 each any player making the cut but failing to submit a 72-hole score will also be paid for ,000

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