What was the payout for the FedEx golf tournament?
2021 FedEx Cup purse, payout: Tour Championship prize money distribution from $46 million playoff pool. The 2021 Tour Championship concluded Sunday with Patrick Cantlay finishing one shot ahead of Jon Rahm to win the FedEx Cup Playoffs and capture the $15 million grand prize.
How is PGA prize money divided?
The PGA Tour allocates 18 percent of a standard tournament’s purse to the winner. The remainder of the top 10 finishers receives, in order, the following percentages of the purse: 10.8, 6.8, 4.8, 4, 3.6, 3.35, 3.1, 2.9 and 2.7. Players who don’t make the 36-hole cut receive no prize money.
How much does the FedEx Cup winner make?
Tour Championship 2020
| Finish | Player | Payout |
|---|---|---|
| 1 | Dustin Johnson | $15 million |
| 2 | Justin Thomas | $4.5 million |
| 3 | Xander Schauffele | $4.5 million |
| 4 | Jon Rahm | $3 million |
How much money did McIlroy win today?
McIlroy made an eagle on the par-4 14th to reach 25 under for the tournament, where he won by one over Summit member Collin Morikawa. McIlroy earned $1,755,000 while Morikawa will take home $1,053,000. Check out how much money each player won this week at the CJ Cup in Las Vegas.
What is the FedEx bonus pool?
The 2021 PGA Tour FedEx Cup bonus pool purse is set for $60 million, with the winner’s share coming in at $15,000,000 — not the standard payout according to the PGA Tour’s prize money distribution chart.
How much does Phil Mickelson’s caddy make?
With Phil taking home $2.16 million, that means his caddie – Phil’s brother Tim – is likely in line for a $216,000 payout. As Collins explained, caddies also get a weekly salary negotiated with their player. Caddies can range from $1,500-$3,000 a week.
How does the FedEx Cup Payout work?
As of 2019, the player with the most points after the Tour Championship wins the FedEx Cup itself and $15 million of a $70 million bonus fund. The runner-up gets $5 million, 3rd place $4 million, 4th place $3 million, 5th place $2.5 million, and so on down to $70,000 for 126th through 150th place.
How much is the PGA prize money?
The $15 million prize matches the first place money for the winner of The Players Championship. The second place finisher is due to earn $5 million and third place earns $4 million. The last place finisher in the 30-golfer field would earn $395,000, and this year that is already guaranteed to be Brooks Koepka.
What was payout for 2021 PGA?
The total purse for the event is $7.2 million, a bit higher than last week’s Bermuda Championship, and the winner will take home a cool $1,296,000 as well as a three-year PGA Tour exemption, some entries into majors and The Players Championship, and lots of other goodies and sponsorship dollars likely as well..
Is FedEx Cup money an annuity?
It is not an annuity. Sometime after the Tour Championship, the winner of the FedEx Cup will have $10 million placed in his tour-based retirement account. That’s tax free. And the money can be invested in as many as 15 different options.
How does the FedEx playoff work?
1 in the standings begins the Tour Championship at 10 under, No. 2 at eight under, and so on. Players ranked 26-30 start the finale at even par. Once that is done, the standings and point system are abandoned, and whoever finishes with the lowest score to par wins the FedEx Cup and its $15 million bonus.
How much does Tiger pay his caddy?
More recently, Joe LaCava, Tiger Woods’ caddie on his tour in 2018, earned $5.4 million. This amount is very close to the median income for a brain surgeon.