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Prize Money In Tennis: ATP, WTA & Challenger Insights 2024

So, you want to know about prize money in tennis? You are wondering how much elite players earn, and are curious about life as a professional. Is it a life of privilege for all, earning millions while playing the game we love? Well, wonder no more, the Bros have you covered with our detailed breakdown.

Our analysis will almost certainly make you envious, but it may surprise you for very different reasons too. Prize money in tennis varies wildly. From grand slam winning, multi-millionaires, to journeymen and fledgling pros, life on tour can mean very different things depending on your level.

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Tennis Prize Money at the Different Levels of the Game

The big names and the biggest stages on which they play are familiar to us all. And thanks to social media we have a window into their world beyond the court. Private jets, lucrative brand deals, and A-list friends are commonplace, but this is not real life for tennis players at every level. 

For the majority of players, life on tour is tough. Prize money seldom covers a player’s expenses and it may come as a surprise just how little some professionals earn. Here we explore each level of the professional game and assess what prize money is on offer.   

Prize Money on the ITF Tours 

Life in the paid ranks starts with the ITF Futures Tour for men and for female players, the ITF Women’s Tour. This level is the foundation from which many of today’s superstars have graduated.

It is home for many new professionals and elite juniors allowing them to earn official ranking ATP points as they begin their quest to join the higher echelons.

Prize money at this level is very modest with both men and ladies competing for tournament funds totaling between $15,000 and $25,000.

Winners take home anything between $2000 and $4000 while first-round losers earn a meager cheque relative to the expense associated with travel, accommodation, and all sundry costs. Expenses that can often include equipment with many players having no brand deals at this level. Consequently, early-round losses for ITF Futures players can often result in a net loss for that week.

And if you want a real-life example of how tough things are for players at this level, we dive into this – later in this article.

The ITF World Tennis Tour, formerly known as the ITF Futures Tour, doesn’t have multiple prize money tiers like the ATP Challenger Tour. ITF World Tennis Tour events are split into different tournament categories based on a set amount of prize money offered. In 2024, these categories are:

• Men’s: M15 ($15,000) and M25 ($25,000)
• Women’s: W15 ($15,000), W25 ($25,000), W50 ($50,000), W75 ($75,000) and W100 ($100,000)

It’s important to remember that this is the total prize money for the entire tournament, which is then divided among the players based on their performance in the singles and doubles competitions.

Winners will receive the biggest chunk of the prize money, while losers will receive much less. The ITF doesn’t disclose specific breakdowns for how prize money is distributed amongst winners and losers.

Prize Money on the Challenger Tours 

The next level for professional players is the ATP Challenger Tour and WTA Challenger Series for men and ladies respectively. Here the prize money increases significantly. But again, players are battling for prize pots that are a fraction of what is made available to the game’s elite. 

In 2021, ATP Challenger Tour players competed for prize money ranging from $36,680 to $156,240 per tournament, whereas their WTA counterparts contested similar purses. For tournament winners, on average, this equated to a payday of around $21,000 to go with the winner’s trophy.

Things will change dramatically in 2023 however. A huge cash injection being made by the ATP Tour is set to elevate prize money by 60% for Challenger Tour players. 

The ATP recently announced an increase in total prize money for the 2023 season which sees their total commitment reach $21.1m over 195 tournaments. Furthermore, they have simplified the tournament ranking system.

You may hear of tournaments being classified as ATP 125 or ATP 150 and have wondered if that has something to do with prize money. Well, it refers to ranking points. The winner of an ATP 125 event garners 125 ATP ranking points. Naturally, prize money tends to increase in correlation with the ranking points on offer. 

The availability of more ranking points attracts better players, better players mean bigger audiences. Therefore the caliber of sponsors improves and so the tournament coffers grow. Thus, we generally see a direct correlation between ranking points and the prize money on offer. 

And along with increasing prize money, the ATP Tour will also revamp its ranking point classifications for Challenger Tour level tennis. In 2023 players will compete in ATP 50, ATP 75, and ATP 100 tournaments with some of the more obscure classifications (ATP 90, ATP 110) now defunct.

Finally, 2023 also sees the introduction of three ‘premium’ ATP Challenger Tour events. Players will not only play for 175 ranking points but will also duel over a $220,000 prize fund per tournament – unprecedented at this level.

Clearly (and by their own admission), the ATP Tour comprehends the importance of tennis at this level and its responsibility to help incubate future superstars. With increased financial commitment the tour is attempting to attract burgeoning talent, making it a more desirable and watchable pursuit.

The prize money on the ATP Challenger Tour in 2024 varies depending on the tournament. The ATP sets a minimum prize pool of $41,000 (or €36,900) for Challenger Tour events, but some tournaments offer significantly more. The highest tier of Challenger events, Challenger 175, offers a total prize pool of $220,000 (or €200,000) or more.

Here’s a breakdown of the prize money tiers for Challenger Tour events in 2024:

Challenger 175: $220,000+ (or €200,000+) Challenger 125: $160,000+ (or €145,000+) Challenger 100: $130,000+ (or €118,000+)

It’s important to remember that this is the total prize money for the entire tournament, which is then divided among the players based on their performance. Winners will receive the biggest chunk of the prize money, while losers will receive much less.

Prize Money on the Main Tours

As we have seen, tennis can be complicated when it comes to the many levels and associated prize money. And once we graduate to the main tours, the theme of tiers continues with tournaments ranging from ATP 250 to Grand Slam events.

In terms of how the various tournament levels translate into prize money, the below table gives a flavor of what players at most levels play for.

To illustrate the divide between levels, we can see that a winner of a Challenger 125 tournament roughly earns the same prize money as a first-round loser in an ATP 1000 tournament. Of course, you have to be pretty exceptional to be eligible for an ATP 1000 event, having ascended the ranks through ability, and in that respect, tennis can be considered a merit-based hierarchy.

Grand Slam Prize Money

The ultimate ambition for a tennis professional is to win one of the four Grand Slam tournaments. And while most players will say that tennis at this level is about history not prize money, the financial rewards are eye-watering as the below table shows.

Simply by reaching each of the four slams a player can earn over $250,000 and for many players that alone is a primary objective – to get through qualifying and potentially progress enough to help bankroll future months of travel, hotels, and coaching.

Sponsorship and more: Riches that transcend prize money

For those gifted enough to take home one of the most coveted trophies in tennis, the prize money is mere frosting on what is a very rich cake.

Emma Raducanu is the most recent example of how snagging a slam can transform a player’s profile and indeed bank balance. The young Brit pocketed a cool $2.5m for her 2021 US Open win, but that figure has been eclipsed many times thanks to a queue of blue-chip sponsors eager to capitalize on her success. A list that includes Tiffany, British Airways, Nike, Evian and Porsche. 

Additionally, Emma’s sponsors also include Wilson Tennis. She uses their Blade frame and if you are curious about her racket of choice we have a comprehensive resource dedicated to the Blade line.

Raducanu reportedly earns north of $9m each year from her portfolio of sponsors, a figure that dwarfs her 2022 on-court earnings of $697,000. A theme that is best illustrated if we study Roger Federer’s lifetime earnings.

During his career Roger Federer used his Wilson RF97 to earn over $130m earned from prize money alone. However, it is believed that Roger’s ‘total’ lifetime earnings comfortably surpasses $1bn, garnered from endorsement deals, lucrative appearance fees and merchandise sales. Proof indeed, that grand slam success is only the start – a gateway to a world that Futures players can only dream about.

And if this was not enough, the eight most successful players at the season-end (also the year’s highest earners) qualify for the season-ending ATP and WTA Finals tournaments. These limited field events see players from each respective tour battle for prize money totalling $14.7m for the men and $5m for the ladies.

If you still have an appetite for yet more wealth, there are always exhibition matches and bespoke tournaments such as the Laver Cup. It is not uncommon for elite players to command north of $500,000 for personal appearances and for those selected for the Laver Cup, they can pocket between $150,000 and $250,000 depending on the result.

For the majority of players, the struggle is real 

Media outlets tend to focus primarily on major tournaments, narrowing the public’s focus exclusively upon the higher echelons of tennis. The reality however, is stark and for every Emma or Roger, there are countless players who routinely lose money in their quest to play professional tennis.

Serving for the Wimbledon title is pressure but playing to merely pay this week’s bills and to travel next week is something else entirely. Expenses (per season) for a traveling professional can range from $40,000 for those on the strictest of budgets, to $200,000 for players electing to take their coach and/or physical trainer on tour. Figures that few lower-tier players can cover without winning consistently.

Recently, BBC Sport interviewed Algerian WTA player Ines Ibbou, who highlighted the struggle faced by players outside of the top 200. A world where prize money fails to cover all expenses and luxuries like free rackets and strings are non-existent. A sobering read that highlights the huge gulf between aspiring pros and the established elite.

Prize Money In Tennis and the Gender Debate 

No discussion of prize money in tennis would be complete without considering the topic of gender inequality in tennis – a perennial hot topic.

Both women and men enjoy the same pay scale when it comes to the Grand Slams, albeit that was a protracted process with Wimbledon becoming the last slam to invoke parity in 2007, decades after the US Open adopted this policy in 1973. But beyond the major tournaments, there still exists a significant disparity in prize money between both sexes.

Even though tennis has the lowest gender pay gap of all professional sports, men still earn 34% more prize money on average than their female counterparts. Of course, many argue WTA players consistently play less tennis (a maximum of 3-sets) compared to men who can play a maximum of 5-sets (in Grand Slams only), but nonetheless, it will remain a contentious issue until the gap narrows even further.

Prize money in tennis: The Big Questions 

Tennis is fundamentally a business competing for the interest of sports fans in general. Naturally, elite players who generate attention and attract the biggest audiences monopolize the prize money ranks. But nonetheless, it still feels as though the gulf between elite-level players and new professionals is disproportionate – notwithstanding the disparity in prize money between genders. 

It would be criminal for a player with genuine talent to leave tennis due to affordability issues, and this is not just the Bros opinion. 

Novak Djokovic and fellow pro, Vasek Pospisil, launched a players-only council in 2020 with the remit of giving a voice to and being supportive of, players at all levels. The premise was not a redistribution of wealth, more so the creation of a body that is more aware and supportive of lower-tier tennis – notably to help create sponsorship opportunities for more players. 

The Professional Tennis Players Association (PTPA) as it is called was not widely accepted, however. Considered by many to be a breakaway and divisive faction it has yet to receive widespread support, even though its intentions appear credible. 

And so the existing dynamic and the same questions remain about an imbalance in the sport and how best to address it. But one thing is true, the rewards for those who make it are life-changing and available to all, providing you have the required tools to reach the summit. 

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French Open Prize Money (A Timeline)

In 2022 the French Open men’s and women’s champions walked away with €2.2 million each, with the runner-up pocketing €1.1 million. Not bad for a fortnight’s work! However, with a huge 12.3% increase, 2023 topped the bill with a total pot of €49.6 million. Roland Garros has always had a…

Challenge Tour unveils 2023 schedule with record-breaking prize fund and 29 events

11.26am 15th December 2022 - Sponsorship & Events

The European Challenge Tour has announced its schedule for 2023, with Europe’a second tier tour set to feature a record overall prize fund and a minimum of 29 tournaments staged across three continents in 18 different countries.

Players will compete for total prize money of €8.2m, which will begin with the Bain’s Whisky Cape Town Open in February, the first of four co-sanctioned events with the Sunshine Tour in South Africa.

India returns as a host country for the first time since 2013 with two events in March, the Duncan Taylor Black Bull Challenge followed by The Challenge presented by KGA.

The Challenge Tour also returns to the UAE in April for the first time since 2018 with back-to-back events, including the Abu Dhabi Challenge, as part of the European Tour group’s long-term partnership with the Emirates Golf Federation.

It will then head to Spain in May for the Challenge de España, which will kick-start a run of 20 tournaments in 22 weeks and see the Road to Mallorca travel through 15 countries in Europe, including Italy for the Italian Challenge at Golf Nazionale, the venue which will then host the first two days of the 2023 Junior Ryder Cup in September.

The 2023 season will conclude with the Rolex Challenge Tour Grand Final supported by The R&A, at Club de Golf Alcanada from November 2-5, as the top 45 players on the Rankings battle it out for one of the life changing 20 DP World Tour cards.

Those 20 players who benefit from this formal pathway to the DP World Tour will then be eligible for the DP World Tour’s Earnings Assurance Programme, guaranteeing them minimum earnings of $150,000 for the 2024 season if they play in 15 or more events. The top five graduates will also benefit from the John Jacobs Bursary, similarly designed to provide security and a strong platform for their first season on the European Tour group’s top tier.

T he full Challenge Tour schedule for 2023 can be viewed by clicking  here .

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Prize Money breakdown on PDC Challenge Tour 2024 with £360,000 in prize pool

The PDC Challenge Tour 2024 will feature 24 tournaments. 15,000 pounds of prize money will be paid per tournament, so the prize pool for the entire circuit consists of 360,000 pounds.

This circuit is open to players who participated in the Q-School, but failed to win a Tour Card. A kind of second division, then, for players who want to seek refuge with the PDC.

CALENDAR: These are the playing dates for all PDC Challenge Tour tournaments in 2024

From reaching the last 64, players can earn prize money, starting with 75 pounds. That amount then increases each round. The winner collects a handsome £2,500.

The Challenge Tour ranking is based on prize money earned. At the end of the season, the numbers one and two receive an invitation to the World Darts Championship, plus a Tour Card for 2025 and 2026.

In addition, there is another reward for players who do well. The top of the standings have a chance to compete as a reserve player in the Players Championship tournaments on the PDC Pro Tour. If a Tour Card holder fails to register or cancels, the highest ranked player on the Challenge Tour Order of Merit may fill in.

Who are the biggest name players without PDC Tour Card heading into 2024?

Distribution of prize money during PDC Challenge Tour 2024

Result - Prize money

Winner £2,500

Runner-up £1,000

Semi-final £750

Quarterfinal £500

Final 16 £300

Final 32 £200

Final 64 £75

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Wed 29 May 2024

Challenge Tour Live Blog: England’s Garrick Porteous Wins in Abu Dhabi

04/22/2024 by Golf Post Editors

Get all live updates for the Challenge Tour’s Abu Dhabi Challenge here. The event is played at Al Ain Equestrian, Shooting & Golf Club in Abu Dhabi.

Challenge Tour Abu Dhabi Challenge Live (Photo: Getty)

04/18 – 04/21/2024

Challenge Tour : Abu Dhabi Challenge 2024

Al Ain Equestrian, Shooting & Golf Club – Abu Dhabi

• Prize money: 300.000,00 €
• Defending champion: Ricardo Gouveia

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The Abu Dhabi Challenge in the season 2024 is being played in Abu Dhabi at the Al Ain Equestrian, Shooting & Golf Club. The tournament starts at the Thursday, 18th of April and ends at the Sunday, 21st of April 2024. The Abu Dhabi Challenge is part of the Challenge Tour in the season 2024. In 2024 all players competing for a total prize money of 300.000,00 €. The course for the tournament at Al Ain Equestrian, Shooting & Golf Club plays at Par 70.

The Abu Dhabi Challenge is hosted at the Al Ain Equestrian, Shooting & Golf Club as part of the Challenge Tour. The event brings together a broad field, including former DP World Tour winners and new talents.

Challenge Tour live

The Challenge Tour is a professional golf tournament series that acts as the second tier below the DP World Tour . It serves as a development league and offers aspiring golfers the opportunity to develop their skills at a higher level, gain experience and qualify for the European Tour.

The Challenge Tour is internationally orientated, with tournaments held in various European countries and outside Europe. This offers players a varied experience on different golf courses and in different competitive conditions. The tour attracts golfers from all over the world who are interested in furthering their careers in professional golf.

As with the Korn Ferry Tour, the top players on the Challenge Tour qualify for the higher tour, in this case the European Tour, at the end of each season. This is usually based on the Challenge Tour ranking, with the best players receiving a Tour card. This promotion is a key goal for many players on the Challenge Tour, as it allows access to more prestigious tournaments, higher prize money and greater visibility in the world of golf.

Overall, the Challenge Tour is a crucial step for many golfers who want to make the leap to the highest level of European golf, the European Tour. It offers a mix of challenge and opportunity that is crucial for the career development of golfers.

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2024 charles schwab challenge prize money payouts for each pga tour player, share this article.

It pays to play well on the PGA Tour. Just ask this week’s winner, Davis Riley .

The 27-year-old won the 2024 Charles Schwab Challenge at Colonial Country Club in Fort Worth, Texas , on Sunday at 14 under by five shots to secure his second win on the PGA Tour. It’s his first win as an individual, taking the Zurich Classic of New Orleans title last year.

For his efforts, Riley will take home the top prize of $1.638 million. Scottie Scheffler and Keegan Bradley tied for second and will each take home $809,900.

With $9.1 million up for grabs, check out how much money each PGA Tour player earned this week at the 2024 Charles Schwab Challenge

Prize money payouts

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2024 Charles Schwab Challenge final results: Prize money payout, PGA Tour leaderboard and how much each golfer won

The 2024 Charles Schwab Challenge final leaderboard is headed by winner Davis Riley, who earns his second PGA Tour title with a win at Colonial Country Club in Ft. Worh, Texas.

Riley won his first solo PGA Tour title with a dominant five-shot win over Scottie Scheffler and Keegan Bradley on 14-under 266. A final round of even-par 71 was good enough to seal the deal.

Collin Morikawa finished in solo fourth place on 8-under total, a shot behind the runners-up.

Riley won the $1,638,000 winner's share of the $9,100,000 purse.

Charles Schwab Challenge recap notes

Riley earned 52 Official World Golf Ranking points with the win in the 72-hole stroke-play championship, which helps his place in the world ranking.

Riley earned 500 FedEx Cup points, with the PGA Tour points offered at the standard level for this event.

A total of 71 (of 132) players finished the tournament after a 36-hole cut was made in this event.

The 2024 PGA Tour schedule continues next week with the 2024 RBC Canadian Open .

2024 Charles Schwab Challenge final leaderboard, results Pavond prize money payouts

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2024 Charles Schwab Challenge purse: Payout info, winner’s share in Texas

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Scottie Scheffler remains firmly in the hunt on Sunday at the Charles Schwab Challenge.

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After three rollicking days in texas, we’ve officially reached the end of the Charles Schwab Challenge. Below, find everything you need to know about tournament purse, including prize money, winner’s share, and complete payout information

Charles Schwab Challenge final round preview

Guess who’s back, back again? Yep, that’s right, Scottie Scheffler, who’s seeking another PGA Tour victory on Sunday at the Charles Schwab Challenge just nine days after his arrest fiasco at the PGA Championship in Louisville. Scheffler has been one of the best players in recent memory over the course of the last 18 months, and this weekend has proven no different. A brilliant Saturday 63 pushed him into solo second on the tournament, four off the mark set by current tournament leader Davis Riley.

Speaking of Riley, the former Alabama star has played brilliantly all week at Colonial Country Club, notching three-straight mid-60s scores to push himself four shots clear of the field. Riley is seeking his second-ever PGA Tour win this weekend, and first in a solo competition (his only other victory coming alongside pal Nick Hardy at the 2023 Zurich Classic.) He’ll have to best a field including Scheffler and young star Pierceson Coody , a descendant of Texas golfing royalty himself, who will attempt to mount a Sunday charge.

A smaller than “usual” PGA Tour purse awaits the stars of this week’s event, which is not part of the Signature Events series rota. Below is everything you need to know about the Charles Schwab Challenge’s $9.1 million purse ; you can catch the action from 3 p.m. ET until the completion of play on CBS.

Charles Schwab Challenge payout information, winner’s share

1. $1,638,000 2. $991,900 3. $627,900 4. $445,900 5. $373,100 6. $329,875 7. $307,125 8. $284,375 9. $266,175 10. $247,975 11. $229,775 12. $211,575 13. $193,375 14. $175,175 15. $166,075 16. $156,975 17. $147,875 18. $138,775 19. $129,675 20. $120,575 21. $111,475 22. $102,375 23. $95,095 24. $87,815 25. $80,535 26. $73,255 27. $70,525 28. $67,795 29. $65,065 30. $62,335 31. $59,605 32. $56,875 33. $54,145 34. $51,870 35. $49,595 36. $47,320 37. $45,045 38. $43,225 39. $41,405 40. $39,585 41. $37,765 42. $35,945 43. $34,125 44. $32,305 45. $30,485 46. $28,665 47. $26,845 48. $25,389 49. $24,115 50. $23,387 51. $22,841 52. $22,295 53. $21,931 54. $21,567 55. $21,385 56. $21,203 57. $21,021 58. $20,839 59. $20,657 60. $20,475 61. $20,293 62. $20,111 63. $19,929 64. $19,747 65. $19,565 66. $19,383 67. $19,201 68. $19,019 69. $18,837 70. $18,655 71. $18,473

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payday at colonial

Here’s the prize money payout for each golfer at the 2024 Charles Schwab Challenge

Tim Heitman

A somber week on the PGA Tour, when news came down that Grayson Murray had died after withdrawing from the second round at Colonial, ended with Davis Riley winning the Charles Schwab Challenge. The 27-year-old shot a final-round 70 to capture his second PGA Tour event. This one, however, was the first time Riley won alone, after winning the Zurich Classic last year as a team event with Nick Hardy in New Orleans.

Riley earned $1.638 million from the $9.1 million overall purse. He shot 66-64-66-70 for a 14-under-par 266 total. Keegan Bradley and Scottie Scheffler tied for second place, five shots back, and both earned $809,000.

RELATED: Here are the clubs Davis Riley used to win the Charles Schwab Challenge

Bradley shot a final-round 67 to move up five positions and into the second-place tie, although he bogeyed the 72nd hole. World No. 1 Scheffler was four behind to start the final round but was paired with Riley. But Scheffler made three bogeys in the first 10 holes to fall well off the pace and shot 71, his second over-par round of the week.

Collin Morikawa, who was tied for the lead to start the final round of the PGA Championship last week in Kentucky, finished in solo fourth place.

The PGA Tour continues to lead up to the U.S. Open at Pinehurt. It moves north to the RBC Canadian Open, then the Memorial Tournament before heading to North Carolina.

Here is the prize money breakdown for all players who made the cut this week in Texas.

WIN: Davis Riley, -14/266, $1.638 million

T-2: Keegan Bradley, -9/271, $809,900

T-2: Scottie Scheffler, -9/271, $809,900

4: Collin Morikawa, -8/272, $445,900

T-5: Mac Meissner, -5/275, $323,618.75

T-5 : Sepp Straka, -5/275, $ 323,618.75

T-5 : Pierceson Coody, -5/275, $ 323,618.75

T-5 : Hayden Buckley, -5/275, $ 323,618.75

T-9: David Lipsky, -4/276 $247,975

T-9: Sungjae Im, -4/276 $247,975

T-9: Robby Shelton, -4/276 $247,975

T-12: Lucas Glover, -3/277, $180,635

T-12 : Chandler Phillips, -3/277, $ 180,635

T-12 : Lee Hodges, -3/277, $ 180,635

T-12 : J.T. Poston, -3/277, $ 180,635

T-12 : Adam Scott, -3/277, $ 180,635

T-17: Maverick McNealy, -2/278, $120,835

T-17 : Tom Hoge, -2/278, $ 120,835

T-17 : Matt Kuchar, -2/278, $ 120,835

T-17: Christiaan Bezuidenhout, -2/278, $ 120,835

T-17 : Davis Thompson, -2/278, $ 120,835

T-17 : Alejandro Tosti, -2/278, $ 120,835

T-17 : Tony Finau, -2/278, $ 120,835

T-24: Matt NeSmith, -1/279, $70,866.25

T-24 : Adam Svensson, -1/279, $ 70,866.25

T-24 : Brian Harman, -1/279, $ 70,866.25

T-24 : Billy Horschel, -1/279, $ 70,866.25

T-24 : Denny McCarthy, -1/279, $ 70,866.25

T-24 : Min Woo Lee, -1/279, $ 70,866.25

T-24 : Tom Kim, -1/279, $ 70,866.25

T-24 : Kevin Tway, -1/279, $ 70,866.25

T-32: K.H. Lee, E/280, $51,961

T-32 : Aaron Rai, E/280, $ 51,961

T-32 : Ben Silverman, E/280, $ 51,961

T-32 : Justin Rose, E/280, $ 51,961

T-32 : Ryan Fox, E/280, $ 51,961

T-37: Peter Malnati, +1/281, $38,675

T-37 : Joseph Bramlett, +1/281, $ 38,675

T-37 : Jordan Spieth, +1/281, $ 38,675

T-37 : Martin Laird, +1/281, $ 38,675

T-37 : Ben Martin, +1/281, $ 38,675

T-37 : C.T. Pan, +1/281, $ 38,675

T-37 : Rickie Fowler, +1/281, $ 38,675

T-37 : Keith Mitchell, +1/281, $ 38,675

T-45: Troy Merritt, +2/282, $27,099.80

T-45 : Daniel Berger, +2/282, $ 27,099.80

T-45 : Zach Johnson, +2/282, $ 27,099.80

T-45 : Patrick Rodgers, +2/282, $ 27,099.80

T-45 : Gary Woodland, +2/282, $ 27,099.80

T-50: Kevin Streelman, +3/283, $22,234.44

T-50: Charley Hoffman, +3/283, $ 22,234.44

T-50 : Victor Perez, +3/283, $ 22,234.44

T-50 : Webb Simpson, +3/283, $ 22,234.44

T-50 : Doug Ghim, +3/283, $ 22,234.44

T-50 : Brendon Todd, +3/283, $ 22,234.44

T-56: Tyler Duncan, +4/284, $20,839

T-56 : Thomas Detry, +4/284, $20,839

T-56 : Si Woo Kim, +4/284, $20,839

T-56 : Cam Davis, +4/284, $20,839

T-56 : Joel Dahmen, +4/284, $20,839

T-61: Parker Coody, +5/285, $20,111

T-61: Kevin Yu, +5/285, $20,111

T-61: S.H. Kim, +5/285, $20,111

64: Emiliano Grillo, +6/286, $19,747

T-65: Austin Smotherman, +7/287, $19,292

T-65: Mark Hubbard, +7/287, $19,292

T-65: Nick Hardy, +7/287, $19,292

T-65: Kevin Kisner, +7/287, $19,292

69: Ryan Moore, +8/288, $18,837

T-70: Callum Tarren, +9/289, $18,564

T-70: Vincent Norrman, +9/289, $18,564

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Charles Schwab Challenge payout distribution 2024: Prize money, purse

By cody williams | may 26, 2024.

The golf continued on Saturday and Sunday at Colonial for the 2024 Charles Schwab Challenge but it was with heavy hearts all around the sport and on the PGA Tour . This year's Sony Open winner and PGA Tour member Grayson Murray tragically and unexpectedly passed away on Saturday at just 30 years old, the tour announced, after withdrawing from the tournament on Friday due to an illness with only two holes left to play.

It was the Murray family's wishes to continue the tournament, so PGA Tour Commissioner honored those wishes and the play continued. And Saturday on the golf course was eventful. Davis Riley, the 36-hole leader, stayed in front of the pack with another solid 4-under round. However, the horses nipping at his heels got a bit scarier as World No. 1 Scottie Scheffler fired off a ridiculous round of 7-under to vault into solo second place, four back of Riley.

Meanwhile, Pierceson Coody, Hayden Buckley, Robby Shelton and Tony Finau came into Sunday like sharks in the water hoping Riley might fall back in the final round.

And while it might all seem a bit silly given the sudden severity and weight of the weekend at Colonial, all of these golfers are still vying for a payday. But what does the 2024 Charles Schwab Challenge payout distribution look like and how much prize money is on the line? Let's take a look at a full breakdown of this year's purse.

Charles Schwab Challenge purse 2024: Winner's prize money, total purse

The winner of the 2024 Charles Schwab Challenge will receive $1.638 million in prize money for the victory at Colonial. The purse for this week's tournament is set at $9.1 million. Both totals are a slight increase from what we saw from this event in 2023 with a $400,000 increase in the total purse and a little more than a $70,000 increase in the winner's share of the prize money as well.

Charles Schwab Challenge payout distribution by finishing position in 2024

That's where the money is heading. We're not going to belabor that point during a somber weekend for golf.

Rest in peace, Grayson Murray.

dark. Next. SL - Best golfer from every US state. The best golfer from every US state

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2024 Charles Schwab Challenge Final Prize Money, Purse, Payouts: Davis Riley Wins $1.638 Million

John schwarb | may 26, 2024.

One week after the year's second major, the PGA Tour rolled on to Colonial Country Club for the Charles Schwab Challenge.

The tournament boasted 10 of the world's top 30 players including world No. 1 Scottie Scheffler, back after his surreal week at the PGA Championship. He shot a 2-over-par 72 in the first round, just his second over-par round all year , but rebounded with a Friday 65 to make it to the weekend and continue a made-cut streak that dates to August 2022. He shot 63 Saturday and was in the final group Sunday, shooting 1-over 71 and finishing tied for second with Keegan Bradley, five shots behind first.

And in first was Davis Riley, winning for the second time on the PGA Tour and for the first time by himself, having won the Zurich Classic team event last year with Nick Hardy. Riley received a custom 1975 Schwab Corvette Stingray, a tartan jacket, a place on the famed Wall of Champions near the first tee at Colonial and $1,638,000.

Here are the final payouts from the $9.1 million purse at the Charles Schwab Challenge.

2024 Charles Schwab Challenge final payouts

WIN: Davis Riley, 14 under: $1.638 million

T2. Scottie Scheffler; Keegan Bradley; 9 under: $809,900

4. Collin Morikawa, 8 under: $445,900

T5. Mac Meissner, Sepp Straka, Pierceson Coody, Hayden Buckley; 5 under: $323,618.75

T9. David Lipsky, Sungjae Im, Robby Shelton; 4 under: $247,975

T12. Lucas Glover, Chandler Phillips, Lee Hodges, J.T. Poston, Adam Scott; 3 under: $180,635

T17. Maverick McNealy, Tom Hoge, Matt Kuchar, Christiaan Bezuidenhout, Davis Thompson, Alejandro Tosti, Tony Finau; 2 under: $120,835

T24. Matt NeSmith, Adam Svensson, Brian Harman, Billy Horschel, Denny McCarthy, Min Woo Lee, Tom Kim, Kevin Tway; 1 under: $70,866.25

T32. K.H. Lee, Aaron Rai, Ben Silverman, Justin Rose, Ryan Fox; Even: $51,961

T37. Peter Malnati, Joseph Bramlett, Jordan Spieth, Martin Laird, Ben Martin, C.T. Pan, Rickie Fowler, Keith Mitchell; 1 over: $38,675

T45. Troy Merritt, Daniel Berger, Zach Johnson, Patrick Rodgers, Gary Woodland; 2 over: $27,099.80

T50. Kevin Streelman, Charley Hoffman, Victor Perez, Webb Simpson, Doug Ghim, Brendon Todd; 3 over: $22,234.33

T56. Tyler Duncan, Thomas Detry, Si Woo Kim, Cam Davis, Joel Dahmen; 4 over: $20,839

T61. Parker Coody, Kevin Yu, S.H. Kim; 5 over: $20,111

64. Emiliano Grillo, 6 over: $19,747

T65. Austin Smotherman, Mark Hubbard, Nick Hardy, Kevin Kisner; 7 over: $19,292

69. Ryan Moore, 8 over: $18,837

T70. Callum Tarren, Vincent Norrman; 9 over: $18,564

JOHN SCHWARB

John Schwarb is the Senior Editor of SI Golf. He has covered golf for the St. Petersburg Times (now Tampa Bay Times), PGATour.com and Visit Florida; and has also written for ESPN.com, The Golfers Journal and several magazines. He lives in Indianapolis and graduated from Indiana University.

25 - 28 Apr 2024

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