european pga tour career money list

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European Tour - Career Money List

List of players who are, or have at any time in their careers been, members of the European Tour, compiled during each Official Season . Total prize money earned in a member's career from 31st December 1984 to the present day DP World Tour .

From the start of the 2005 Official Season a player must be in Membership and feature in the final DP World Tour Rankings for earnings to be credited to him.

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European Tour All Time Money List

The top 100 Prize Money leaders on the European Tour have won €1,399,014,126 , with  Rory Mcilroy  currently leading the all time money list, with €50,294,549 in career earnings.

Other top earners in the list include Lee Westwood (€38,825,014), Sergio Garcia (€30,100,249), and Justin Rose (€29,656,856).

European Tour Money List – All Time Top 100

Source for the above Prize Money Information: DP World Tour

List last updated: 25 July 2023

Highest career earnings on golf’s DP World Tour

The highest career earnings on golf’s DP World Tour are €44,594,732 (£39,243,320; $47,434,525), achieved by Rory McIlroy (UK) as of 23 February 2023.

McIlroy has won 14 tournaments on the DP World Tour (formerly known as the PGA European Tour).

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• EUROPEAN TOUR

23 European Tour Golfers Who’ve Earned $20 Million (or More) During Career

Since 1984, 23 European Tour members have earned at least $20 million in their careers on tour. The all-time money winner is 48-year old Lee Westwood who has earned over $45 million, closely followed by Rory McIlroy who’s deposited about $44.5 million. Westwood and McIlroy are the only two with earnings over $40 million.

There’s about a $8 million falloff after that, with Sergio Garcia having racked up nearly $37 million in cash.

Henrik Stenson ($34M) and Justin Rose ($33M) round out the top-five check cashers of all time on the Euro Tour.

England leads the way with nine (9) players on the list with South Africa (4) and Northern Ireland (3) rounding out the top-three nationalities.

Spain (2) and Sweden (2) also have multiple players who have earned at least $20 mil with Denmark, Germany and Italy checking in with one each.

The Tour’s greatest player, Seve Ballesteros , is ranked 110th with deposits totalling $8,039,070.

Proving how great the money has exploded, even on the European Tour, Francesco Molinari is ranked 11th on the list with over $26 million in earnings, despite just five (5!) career wins – or 45 LESS than Ballesteros, the all-time win leader with 50.

1. Lee Westwood

Earnings: $45,894,638 European Tour Wins: 25 Euro Tour Career: 1994-Present Highest World Rank: 1 (2010) Nationality: England

2. Rory McIlroy

Earnings: $44,588,178 European Tour Wins: 14 Euro Tour Career: 2007-Present Highest World Rank: 1 (2012) Nationality: England

3. Sergio Garcia

Earnings: $36,877,631 European Tour Wins: 16 Euro Tour Career: 1999-Present Highest World Rank: 2 (2008) Nationality: Spain

4. Henrik Stenson

Earnings: $34,073,738 European Tour Wins: 11 Euro Tour Career: 2001-Present Highest World Rank: 2 (2014) Nationality: Sweden

5. Justin Rose

Earnings: $33,673,298 European Tour Wins: 11 Euro Tour Career: 1999-Present Highest World Rank: 1 (2018) Nationality: England

6. Ernie Els

Earnings: $33,449,998 European Tour Wins: 28 Euro Tour Career: 1992-2019 Highest World Rank: 1 (1997) Nationality: South Africa

7. Padraig Harrington

Earnings: $31,877,023 European Tour Wins: 15 Euro Tour Career: 1996-Present Highest World Rank: 3 (2008) Nationality: Ireland

8. Ian Poulter

Earnings: $31,412,979 European Tour Wins: 12 Euro Tour Career: 2000-Present Highest World Rank: 5 (2010) Nationality: England

9. Colin Montgomerie

Earnings: $30,025,713 European Tour Wins: 31 Euro Tour Career: 1988-2014 Highest World Rank: 2 (1996) Nationality: England

10. Miguel Angel Jimenez

Earnings: $28,946,063 European Tour Wins: 21 Euro Tour Career: 1988-2014 Highest World Rank: 12 (2004) Nationality: Spain

11. Francesco Molinari

Earnings: $26,620,040 European Tour Wins: 6 Euro Tour Career: 2005-Present Highest World Rank: 5 (2018) Nationality: Italy

12. Retief Goosen

Earnings: $26,288,008 European Tour Wins: 14 Euro Tour Career: 1993-2018 Highest World Rank: 3 (2006) Nationality: South Africa

13. Martin Kaymer

Earnings: $25,711,315 European Tour Wins: 11 Euro Tour Career: 2005-Present Highest World Rank: 1 (2011) Nationality: Germany

14. Thomas Bjorn

Earnings: $24,689,084 European Tour Wins: 15 Euro Tour Career: 1993-2020 Highest World Rank: 10 (2001) Nationality: Denmark

15. Darren Clarke

Earnings: $24,573,089 European Tour Wins: 14 Euro Tour Career: 1991-2020 Highest World Rank: 8 (2001) Nationality: Northern Ireland

16. Tommy Fleetwood

Earnings: $24,072,440 European Tour Wins: 5 Euro Tour Career: 2011-Present Highest World Rank: 9 (2018) Nationality: England

17. Paul Casey

Earnings: $23,849,587 European Tour Wins: 15 Euro Tour Career: 2001-Present Highest World Rank: 3 (2009) Nationality: England

18. Louis Oosthuizen

Earnings: $23,652,417 European Tour Wins: 9 Euro Tour Career: 2004-Present Highest World Rank: 4 (2013) Nationality: South Africa

19. Graeme McDowell

Earnings: $23,514,480 European Tour Wins: 11 Euro Tour Career: 2002-Present Highest World Rank: 4 (2011) Nationality: Northern Ireland

20. Ross Fisher

Earnings: $21,206,269 European Tour Wins: 5 Euro Tour Career: 2006-Present Highest World Rank: 17 (2009) Nationality: England

21. Charl Schwartzel

Earnings: $20,866,778 European Tour Wins: 11 Euro Tour Career: 2002-Present Highest World Rank: 6 (2012) Nationality: South Africa

22. Danny Willett

Earnings: $20,211,222 European Tour Wins: 7 Euro Tour Career: 2009-Present Highest World Rank: 9 (2016) Nationality: England

23. Robert Karlsson

Earnings: $20,115,642 European Tour Wins: 11 Euro Tour Career: 1991-Present Highest World Rank: 6 (2008) Nationality: Sweden

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2023 DP World Tour Money List

Leading money winners on DP World Tour for 2023 season. List of tournament results and prize money won for each player from 2023 tournaments.

The 30 highest-paid golfers of all time

Professional golfers can have careers that are highly lucrative.  

Their careers can last well into their 40s and 50s and t here are events nearly year-round with tours all over the world. That means lots of opportunities to take home a paycheck.

Below, we take a look at the 30 highest- paid golfers of all time. While the list is skewed towards recent players, there is good mix of both current and previous generations, as well as both PGA Tour and European Tour greats.

Career earnings and wins include both the PGA Tour and the European Tour.

30. Brandt Snedeker — $36.9 million

Nationality:  American

PGA Tour earnings*:  $32.0 million

European Tour earnings*:  €4.5  million

Major championships:  0

Overall wins:  9

* PGA Tour earnings are through March, 2017 and European Tour earnings are through July, 2016

29. Hunter Mahan — $37.5 million

Nationality:   American

PGA Tour earnings:  $29.8 million

European Tour earnings:  €7.3  million

Overall wins:  6

28. Jordan Spieth — $37.8 million

PGA Tour earnings:  $29.5 million

European Tour earnings:  €7.8  million

Major championships:  2

27. K.J. Choi — $38.0 million

Nationality:  South Korean

PGA Tour earnings:  $32.0 million

European Tour earnings:  €5.6  million

26. Justin Leonard — $39.5 million

PGA Tour earnings:  $33.9 million

European Tour earnings:  €5.3  million

Major championships:  1

Overall wins:  12

25. Geoff Ogilvy — $40.3 million

Nationality:   Australian

PGA Tour earnings:  $30.1 million

European Tour earnings:  €9.6  million

24. Ian Poulter — $44.3 million

Nationality:  English

PGA Tour earnings:  $19.4 million

European Tour earnings:  €23.4  million

Overall wins:  14

23. Stewart Cink — $44.3 million

PGA Tour earnings:  $35.1 million

European Tour earnings:  €8.6  million

22. Matt Kuchar — $46.9 million

PGA Tour earnings:  $39.6 million

European Tour earnings:  €6.9  million

Overall wins:  7

21. Bubba Watson — $47.0 million

PGA Tour earnings:  $36.2 million

European Tour earnings:  €10.2  million

20. Jason Day — $48.3 million

Nationality:  Australian

PGA Tour earnings:  $36.7 million

European Tour earnings:  €10.8  million

Overall wins:  13

19. Zach Johnson — $49.3 million

PGA Tour earnings:  $41.0 million

18. Henrik Stenson — $50.0 million

Nationality:   Swedish

PGA Tour earnings:  $25.7 million

European Tour earnings:  €22.8  million

Overall wins:  16

17. David Toms — $50.3 million

PGA Tour earnings:  $41.8 million

European Tour earnings:  €8.0  million

16. Padraig Harrington — $50.6 million

Nationality:   Irish

PGA Tour earnings:  $24.6 million

European Tour earnings:  €24.4  million

Major championships:  3

Overall wins:  21

15. Steve Stricker — $51.2 million

PGA Tour earnings:  $43.0 million

European Tour earnings:  €7.7  million

14. Davis Love III — $51.5 million

PGA Tour earnings:  $44.3 million

European Tour earnings:  €6.7  million

13. Lee Westwood — $53.7 million

Nationality:   English

PGA Tour earnings:  $19.1 million

European Tour earnings:  €32.5  million

Overall wins:  25

12. Retief Goosen — $53.7 million

Nationality:   South African

PGA Tour earnings:  $30.6 million

European Tour earnings:  €21.7  million

11. Luke Donald — $55.2 million

PGA Tour earnings:  $35.8 million

European Tour earnings:  €18.2  million

10. Dustin Johnson — $60.3 million

PGA Tour earnings:  $45.4 million

European Tour earnings:  €14.0  million

Overall wins:  15

9. Justin Rose — $60.5 million

PGA Tour earnings:  $39.5 million

European Tour earnings:  €19.7  million

8. Adam Scott — $66.6 million

PGA Tour earnings:  $46.6 million

European Tour earnings:  €18.8  million

Overall wins:  23

7. Rory McIlroy — $67.9 million

Nationality:   Northern Irish

PGA Tour earnings:  $35.5 million

European Tour earnings:  €30.4  million

Major championships:  4

Overall wins:  26

6. Sergio Garcia — $71.0 million

Nationality:  Spanish

PGA Tour earnings:  $46.5 million

European Tour earnings:  €23.1  million

5. Ernie Els — $79.2 million

PGA Tour earnings:  $48.9 million

European Tour earnings:  €28.4  million

Overall wins:  47

4. Vijay Singh — $81.3 million

Nationality:  Fijian

PGA Tour earnings:  $70.8 million

European Tour earnings:  €9.9  million

3. Jim Furyk — $82.4 million

PGA Tour earnings:  $67.6 million

Overall wins:  17

2. Phil Mickelson — $109.9 million

PGA Tour earnings:  $83.0 million

European Tour earnings:  €25.3  million

Major championships:  5

Overall wins:  51

1. Tiger Woods — $158.7 million

PGA Tour earnings:  $110.1 million

European Tour earnings:  €45.7  million

Major championships:  14

Overall wins:  119

Now check out how much some of these golfers have changed over the year.

Photos show what golf's biggest stars looked like when their careers started

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Rory McIlroy tops all-time European Tour money list after Carnoustie performance

Joint-second place in The Open takes McIlroy past Lee Westwood

Tuesday 24 July 2018 12:04, UK

Rory McIlroy may have missed out on his fifth major victory in The 147th Open on Sunday, but his performance at Carnoustie did help him achieve one notable career landmark.

The 29-year-old Northern Irishman finished in a four-way tie for second place behind Francesco Molinari, but the €597,050 prize money he picked up took him to the top of the all-time career money list on the European Tour.

McIlroy has now earned a total of €35,110,780 on the European Tour, moving ahead of Lee Westwood, who has amassed €34,777,910.

Westwood could only finish in a tie for 61st at The Open, which secured him a prize of €21,772.

McIlroy, who is now seventh in the world rankings, has won 13 times on the European Tour and triumphed in the Race to Dubai in 2012, 2014 and 2015.

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Englishman Westwood, 45, has won 23 times on the European Tour during his career and has 137 top-10 finishes to his name - McIlroy has 82. He first topped the career money list in 2011 when he reached the €25m mark to overtake Ernie Els.

McIlroy first joined the European Tour as a professional in 2007 when he earned €277,255 from eight starts, and he increased his prize money to €696,335 the following year when he featured in 28 events.

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He claimed his first professional victory when he won the Dubai Desert Classic in 2009 which helped lift his prize money to €3,610,020.

McIlroy failed to win in Europe in 2010, although he did triumph in the Quail Hollow Championship on the PGA Tour, but he claimed his first major victory the following year when he won the US Open at Congressional which took him past the €4m mark on the European Tour as he amassed €4,002,168.

Victories in the PGA Championship and DP World Tour Championship in 2012 elevated his earnings to €5,519,118, but a loss of form meant he drew a blank in 2013 as he made just €862,177.

He quickly put 2013 behind him, though, as he reached new heights in 2014 with two major successes - in The Open at Royal Liverpool and PGA Championship at Valhalla - as well as valuable wins in the BMW PGA Championship and WGC-Bridgestone Invitational.

That gave McIlroy his best year to date with a massive €5,883,304 in prize money on the European Tour as he won the Race to Dubai for a second time, and victories in the Omega Desert Classic, WGC-Cadillac Match Play and DP World Tour Championship saw him retain that title in 2015 with €4,540,007 earned.

McIlroy has only won the 2016 Irish Open on the European Tour since then, but has still managed to pick up €2,971,984 and €1,832,086 in the last two years and he has already trousered €2,494,458 this season following his efforts at Carnoustie.

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How much is PGA Tour loyalty actually worth? Pros find out this week

Jordan Spieth and Scottie Scheffler wait on a tee box during The Sentry earlier this year.

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The official word arrived on the last day of January, but it was not exactly news. The PGA Tour had finalized a deal with the Strategic Sports Group for an immediate investment of $1.5 billion into a new, for-profit entity named PGA Tour Enterprises. The names involved were not new — the likes of Steve Cohen, John Henry, Fenway Sports Group, etc., had been reportedly interested for months — but one major addendum was: an equity program.

Now, about three months after the announcement, PGA Tour players are about to find out what their loyalty has been worth. On Wednesday, Tour members will receive an email notifying them of the current value of award grants this program has earmarked for them, be it tens of millions of dollars, or none at all. The 193 eligible recipients will receive a letter from Tour commissioner Jay Monahan, who is the CEO of PGA Tour Enterprises, explaining the number of equity units they receive and the fair market value of said equity. The Tour intends to keep the list of award recipients confidential.

“It’s really about making sure that our players know the PGA Tour is the best place to compete and showing them how much the Tour appreciates them being loyal,” Jason Gore, the Tour’s chief player officer, said in one of six informational videos the Tour produced for the membership. The videos, which were shared internally with Tour pros and their representatives, were accompanied by infographics, all of which were reviewed by GOLF.com.

In the age of LIV Golf offering mega-millions in contracts to elite golfers, these figures matter, particularly for PGA Tour loyalists who passed on lucrative guaranteed contracts that would be worth more than PGA Tour Enterprises equity could ever offer them.

How much players decide to talk about their individual equity will be up to them, but as you will read below, the total value of each grant differ by player. On the day that specific criteria was announced, it was a hot topic among players.

Which equity group am I in? Wait, which equity group is he in? 

So, how does it work? 

The Tour has announced these equity grants under one specific word: opportunity. Xander Schauffele will not receive a life-size, $50 million check. Players will not see their bank account immediately increase. (In fact, as we’ll explain below, it will take quite some time before that happens.) They will strictly receive a capital interest award for a specific piece of PGA Tour Enterprises. Based on a myriad of factors, players will be ranked via a specific number of “membership units,” akin to stake in a company, the value of which will vest over a specific amount of time. High-performing players will receive a greater stake in PGA Tour Enterprises, which will be home to the Tour’s commercial operations. That’s where SSG’s money is going, which they hope will increase in value of over time. 

How much value are we talking? 

Even if 193 players receive grants, they will not be shared equally. Nick Taylor and Tiger Woods are not going to receive the same cut. The recipients are sectioned into four groups, with Group 1 seeing $750 million in value doled out to 36 players. That’s a little more than 80% of the prize going to just a few dozen pros, which grabbed headlines when it was first reported . In this group will be the kind of players who have rated well in the Player Impact Program, won many tournaments, and won important tournaments — like Signature Events or player-hosted invitationals — with an emphasis on the last five years. 

Why should players own the PGA Tour? This guy knows better than most

A major factor in determining who is in Group 1 and who isn’t was a metric called Career Points, which emphasizes consistency as a Tour member and success throughout a player’s career. Players receive points based on the amount of years they were a PGA Tour member (playing in 15+ events), the amount of times they reached the Tour Championship, their amount of official Tour victories and even extra points for prominent victories (majors, Players Championships, WGCs, FedEx Cup titles, etc.). 

For example, some back-of-the-envelope math tallies up 528 Career Points for Woods, and just 199 for Rory McIlroy. Jordan Spieth and Justin Thomas have both accrued a similar number just shy of 100. All four players are expected to be part of Group 1 and will all receive significant awards, but the difference in Career Points is expected to derive some difference in the value. Bottom line: Woods will receive the greatest grant valuation (potentially by a wide margin) and McIlroy’s will be second.

What if you’re not a premier player? 

The PGA Tour is successful because of those top 36 players, but it is rooted in the existence of many other members who back-fill the fields of the biggest stages in golf, week-in and week-out. An extra $75 million of value will be issued to a total of 64 players considered “steady performers and up-and-comers.” The individual totals of those grants will pale in comparison to the Group 1 grants, and will be based on FedEx Cup points earned over the last three years. Finally, Group 3 members, a total of 57 players, will earn from a pile of $30 million based on tournaments won, career money and number of times finishing in the top 125 of the FedEx Cup. And Group 4 members, who are considered “past legends,” will see 36 players receive their share of $75 million in equity based, again, on Career Points. 

Recipients must be ELIGIBLE

This rules out LIV golfers from earning any of the initial grants, despite some of them helping build the Tour into what it is today. In an alternate universe, Phil Mickelson would have earned the second-highest award grant (behind only Woods), but he will receive nothing because he is not eligible. He is a lifetime member of the PGA Tour but has incurred hefty suspensions from his involvement with LIV Golf. (It is worth wondering: Does this injection of investment and new, for-profit company exist without Mickelson’s help forming LIV Golf? Probably not.)

Even in a world where the PGA Tour comes to an agreement with the Saudi PIF on further investment, this chunk of value will be earmarked for the 193 players who built the popularity of the Tour and continue deriving future value for it, all while remaining loyal. Does it include space for a grant for players like Chesson Hadley, who last June stated he would like to be rewarded for his decision to stay loyal? Hadley has won zero times in the last decade, so he would be hoping for one of the 57 Group 3 grants, which isn’t necessarily likely.

Another important point of eligibility is that recipients must be living. Thirty-six players will receive “Past legends” grants, which cannot be awarded posthumously. Jack Nicklaus is bound to receive a grant. Arnold Palmer cannot.

Players must WORK to receive their grant value

It’s going to be a long time before any Tour players receive the monetary value from these equity grants. The initial grants will vest on an eight-year timeline with multiple checkpoints: 50% of the grant value will vest after four years, with an extra 25% vesting after six years and the final 25% vesting after eight years, but only if players follow the rules. In a world where the PGA Tour and the Saudi PIF do not come to an agreement, Tour players who would leave for LIV (or other unauthorized events) will forfeit any unvested equity.

For the equity to vest, players must “provide services” each year of the vesting schedule. For most, those services are simple: just play PGA Tour events. Fully-exempt players who play 15 or more Tour events annually will meet that year’s requirement. Competing on the Korn Ferry and Champions tours also suffices, with DP World Tour events being approved on a case-by-case basis. In other words, if a fully-healthy McIlroy plays 14 Tour events and the BMW PGA Championship (a marquee event on the DP World Tour), he would need an approval for that final event to count as one of his 15. (It probably would.) 

But what if, say, McIlroy strains an oblique before reaching his 15-event threshold in 2027? He (and players in similar situations battling injuries or lacking Tour status or being over the age of 60) could make up for an under-15-event total by performing a Service Event. Things such as meeting with Tour sponsors or filming a documentary with the Tour, all of which are approved by the Tour. (There is some slight wiggle room in these requirements, where a player could make up for falling just short one year by doing more in the following year.) Even if the nuts and bolts of this program can be complex, the Tour has tried to make it simple: play your golf, and your equity will vest. If life changes and circumstances arise, there are other ways to meet requirements.

Players cannot cash out for years (and they will be taxed)

Players can sell their equity only when it is vested, but they will also be taxed on those vesting dates.

Lance Stover, senior vice president of New Ventures at the Tour, explained a bit of the dollars and cents on the final educational video: “As with all forms of compensation … at each vesting milestone [years 4, 6 and 8 after the initial grants], players will be responsible for paying federal and state income taxes at ordinary income tax rates on the fair market value of the vested awards at the time of vesting.” So players will begin to be taxed on the value of their equity four years from now.

Importantly, the implication — of both the investment from SSG and from equity dished to players — is that PGA Tour Enterprises will continue to increase in value as the Tour moves forward. Almost all major sports leagues and franchises have seen their valuations skyrocket in recent years, and there’s little reason to suggest the PGA Tour would experience anything different, even if TV ratings have dipped in the first part of 2024.

The initial SSG investment valued the PGA Tour at $12.3 billion, and there is clearly still room for future investment from the Saudi PIF . The Tour’s television rights deal runs through 2030, but negotiations for the next deal will begin in just a few years. All of these things can impact the valuation of PGA Tour Enterprises at the point at which player equity would vest.

But wait! There’s more equity

Keen observers will note that these initial grants are devoted only to those who have made the Tour the best place for pros to compete in the world. But what about those who will continue making it the best place for competitive golf? More grants are on the way.

Beginning in 2025, each PGA Tour season will see additional grants awarded to the top performers on Tour — $100 million in grant value will be issued to roughly 20 players each year, based on Career Points (explained above) and Player Impact Program results that year. So someone like, say, Ludvig Aberg , who didn’t play on the PGA Tour during many of the years that formed this initial grant offering, will likely fare well with good performances in the years to come.

The OTHER big idea here 

The PGA Tour wants players to be rewarded for their loyalty, to maintain that loyalty, but also to begin thinking like an owner. Like player-owners, who are focused on the Tour with the actions they make and the words they say. The Tour wants all its constituents rowing in the same direction, and they figure this program should help inspire that shared mindset.

“Owners are motivated to think beyond their personal performance week-to-week and year-to-year,” Gore said in one of the videos. “They have a broader perspective of how their actions can impact the long term health and performance of the Tour in a positive way. One that meets the needs of our fans at every turn. It’s no longer a what’s in it for me as much as it should be what’s in it for the growth of the Tour, which of course could bring more equity value to the players in the long run. It’s a virtuous cycle if we can get it right.” 

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PGA Tour has team event in New Orleans; LIV returns Down Under

The PGA Tour has its only team event coming up at the Zurich Classic of New Orleans.

The field features Rory McIlroy and Shane Lowry for the first time, along with Patrick Cantlay and Xander Schauffele.

New Orleans has three sets of brothers among the 80 teams, and two of them are twins. Parker and Pierceson Coody are PGA Tour rookies. Nicolai and Rasmus Hojgaard are from Denmark.

AFTER THE MASTERS: Analysis, statistics and more

Find out what players are up to next, what their statistics are and how the 2024 Masters made history.

The LPGA Tour suffered a blow when Nelly Korda withdrew from LA right as she was coming off a major title and going for a record sixth straight win. LIV Golf is in Australia.

ZURICH CLASSIC OF NEW ORLEANS

• Site: Avondale, Louisiana.
• Course: TPC Louisiana. Yardage: 7,425. Par: 72.
• Prize money: $8.9 million. Winner’s share: $1.286 million for each player.
• Television: Thursday-Friday, 3:30-6:30 p.m. (Golf Channel); Saturday-Sunday, 1-3 p.m. (Golf Channel), 3-6 p.m. (CBS).
• Defending champions: Davis Riley and Nick Hardy.
• FedEx Cup leader: Scottie Scheffler.
• Last week: Scottie Scheffler won the RBC Heritage.
• Notes: This is the PGA Tour’s only team event, with two rounds of fourballs and two rounds of foursomes. ... The winners do not get world ranking points or a Masters invitation. ... Rory McIlroy is playing for the first time, partnering with Shane Lowry. Friends since their youth, they have played only one Ryder Cup match together. ... The field includes three sets of brothers, two of them twins — Parker and Pierceson Coody, and Rasmus and Nicolai Hojgaard. The other set is Matt and Alex Fitzpatrick. ... Patrick Cantlay and Xander Schauffele are the only team where both players are ranked in the top 10. They won the Zurich Classic two years ago. ... Ryder Cup captain Luke Donald is playing with Francesco Molinari, one of his assistant captains in Rome. ... Steve Stricker is making a rare appearance on the PGA Tour. Stricker won the Charles Schwab Cup last year on the PGA Tour Champions. He is playing with Matt Kuchar.
• Next week: AT&T Byron Nelson.
• Online:  https://www.pgatour.com/

JM EAGLE LA CHAMPIONSHIP

• Site: Los Angeles.
• Course: Wilshire GC. Yardage: 6,258. Par: 71.
• Prize money: $3.75 million. Winner’s share: $562,500.
• Television: Thursday-Friday, 6:30-9:30 p.m. (Golf Channel); Saturday-Sunday, 6-9 p.m. (Golf Channel).
• Defending champion: Hannah Green.
• Race to CME Globe leader: Nelly Korda.
• Last week: Nelly Korda won The Chevron Championship.
• Notes: Nelly Korda withdrew from the tournament coming off winning her second major and fifth win in a row. ... The prize money was raised to $3.75 million and the sponsors are paying for players’ hotels. It still attracted only six of the top 10 in the world. ... Among those not playing are Lydia Ko and Lilia Vu, who withdrew last week with injury. ... Patty Tavatanakit and Alison Lee are among those who played college golf nearby at UCLA. ... Paula Creamer is in the field based on being in the top 20 on the LPGA career money list. ... This is the second LPGA event in the Los Angeles area in the last five weeks. Korda won the Fir Hills Seri Pak Championship down the coast at Palos Verdes Estates. ... Rose Zhang is coming off a missed cut in the first LPGA major of the year. ... Lexi Thompson, who has not won in five years and is coming off a missed cut in the Chevron Championship, is not in the field.
• Next tournament: Cognizant Founders Cup on May 9-12.
• Online:  https://www.lpga.com/

LIV GOLF LEAGUE

LIV GOLF ADELAIDE

• Site: Adelaide, Australia.
• Course: The Grange GC. Yardage: 6,946. Par: 72.
• Prize money: $20 million. Winner’s share: $4 million.
• Television: Thursday-Saturday, 9:30 p.m. to 2:30 a.m. (CW app). Saturday-Sunday, 1-6 p.m. (CW Network-tape delay).
• Defending champion: Talor Gooch.
• Points leader: Joaquin Niemann.
• Last tournament: Dean Burmester won LIV Golf Miami.
• Notes: LIV Golf’s tournament in Adelaide last year featured one of the largest galleries of the year. ... LIV Golf Adelaide is where Talor Gooch won the first of his three titles last season. He is not in the field for any of the majors this year. ... LIV Golf had three players finish among the top 10 in the Masters. Cameron Smith and Bryson DeChambeau tied for sixth, and Tyrrell Hatton tied for ninth. ... Jon Rahm has yet to win since joining LIV in December. Rahm’s last victory was the Masters a year ago. ... Dustin Johnson, who won LIV Golf Las Vegas in early February, has missed the cut in his last two majors. Joaquin Niemann remains the points leader this year based on his two LIV titles. He made the cut in the Masters and already has received an exemption to play in the PGA Championship. ... Peter Uihlein began his three-week swing by playing the Saudi Open last week. He shot 66-63 on the weekend to finish third.
• Next week: LIV Golf Singapore.
• Online:  https://www.livgolf.com/

EUROPEAN TOUR AND JAPAN GOLF TOUR

ISPS HANDA CHAMPIONSHIP

• Site: Gotemba, Japan.
• Course: Taiheiyo Club. Yardage: 7,262. Par: 70.
• Prize money: $2.25 million. Winner’s share: $375,000.
• Television: Wednesday-Thursday, 11 p.m. to 4 a.m. (Golf Channel); Saturday-Sunday, 11 p.m. to 3:30 a.m. (Golf Channel).
• Previous winner: Lucas Herbert.
• Race to Dubai leader: Rory McIlroy.
• Last tournament: Scottie Scheffler won the Masters.
• Notes: This is the second year of a European tour co-sanctioned event with the Japan Golf Tour in Japan. ... The tournament is the third of four events in the Asian Swing. The winner of this series gets a $200,000 bonus, and the top three get spots in the PGA Championship at Valhalla next month. ... The field includes Matthieu Pavon of France and Christiaan Bezuidenhout of South Africa. Both played in the RBC Heritage at Hilton Head last week. ... Keita Nakajima makes his first start since winning the Hero Indian Open for his first European tour victory. ... Kazuma Kobori received a sponsor exemption. The 22-year-old was born in Japan and plays under the New Zealand flag. He has three wins this year on the PGA Tour of Australasia. ... The field includes most of the rising Japanese stars, such as Nakajima, Takumi Kanaya and Taiga Semikawa. ... Lucas Herbert is not defending his title because he is with LIV Golf in Australia.
• Next week: Volvo China Open.
• Online:  https://www.europeantour.com/dpworld-tour/  and  https://www.jgto.org/en/

PGA TOUR CHAMPIONS

MITSUBISHI ELECTRIC CLASSIC

• Site: Duluth, Georgia.
• Course: TPC Sugarloaf. Yardage: 7,179. Par: 72.
• Prize money: $2 million. Winner’s share: $300,000.
• Television: Friday, noon to 3 p.m. (Golf Channel); Saturday-Sunday, 3-6 p.m. (Golf Channel).
• Defending champion: Stephen Ames.
• Charles Schwab Cup leader: Steven Alker.
• Last week: Paul Broadhurst won the Invited Celebrity Classic.
• Notes: Paul Broadhurst became the seventh winner in the seven tournaments on the PGA Tour Champions this year. ... Steven Alker returns to action after taking last week off. ... Ricardo Gonzalez is the only first-time winner on the PGA Tour Champions this year. ... Broadhurst (58) became the third player 58 or older to win this year. He joins Stephen Ames (Chubb Classic) and Joe Durant (Cologuard Classic), both of whom are 59. ... The seven winners on the PGA Tour Champions come from seven countries — New Zealand, Canada, England, United States, Argentina, South Africa and Ireland. ... Thomas Bjorn has been a runner-up and tied for third in his two starts on the PGA Tour Champions this year. ... One week after Vijay Singh made his 20th cut at the Masters, the 61-year-old tied for sixth in the Invited Celebrity Classic. ... The TPC Sugarloaf hosted a PGA Tour event until 2007.
• Next week: Insperity Invitational.
• Online:  https://www.pgatour.com/pgatour-champions

KORN FERRY TOUR

VERITEX BANK CHAMPIONSHIP

• Site: Arlington, Texas.
• Course: Texas Rangers GC. Yardage: 7,010. Par: 71.
• Prize money: $1 million. Winner’s share: $180,000.
• Television: None.
• Defending champion: Spencer Levin.
• Points leader: Steven Fisk.
• Last week: Tim Widing won the Lecom Suncoast Classic.
• Next tournament: AdventHealth Championship on May 16-19.
• Online:  https://www.pgatour.com/korn-ferry-tour

OTHER TOURS

• PGA of America: PGA Professional Championship, Fields Ranch at PGA (East and West), Frisco, Texas. Defending champion: Braden Shattuck. Television: Tuesday, 5-8 p.m. (Golf Channel); Wednesday, 4-7 p.m. (Golf Channel). Online:  https://www.pga.com/
• Epson Tour: IOA Championship, Morongo GC at Tukwet Canyon, Beaumont, California. Defending champion: Miranda Wang. Online:  https://www.epsontour.com/
• Challenge Tour: UAE Challenge, Saadiyat Beach GC, Abu Dhabi, United Arab Emirates. Previous winner: Maximilian Rottluff. Online:  https://www.europeantour.com/challenge-tour/
• Ladies European Tour: Investec South African Women’s Open, Erinvale Country and Golf Estate, Somerset West, South Africa. Previous winner: Ashleigh Buhai. Online:  https://ladieseuropeantour.com/
• PGA Tour Americas: Diners Club Peru Open, Los Inkas GC, Lima, Peru. Previous winner: Marcos Montenegro. Online:  https://www.pgatour.com/americas
• Japan LPGA: Panasonic Open, Hamano GC, Chiba, Japan. Defending champion: Lala Anai. Online:  https://www.lpga.or.jp/en/
• Korea LPGA: KLPGA Championship, Lakewood CC, Yangju, South Korea. Defending champion: Dayeon Lee. Online:  https://klpga.co.kr/

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News & Tours

PGA Tour awards $930 million to players in equity grants

Andrew Redington

The PGA Tour informed players Wednesday of their individual grants in the tour’s new equity program and some of the game's biggest stars reportedly will get hefty checks.

The tour does not plan on publicly releasing the amounts, but the Telegraph reported earlier on Wednesday that Tiger Woods was set to receive a $100 million grant, with Rory McIlroy getting $50 million, and Justin Thomas and Jordan Spieth receiving $30 million each.

The first $930 million of grants were distributed Wednesday, with players getting a note from PGA Tour commissioner Jay Monahan (who also holds the CEO title of PGA Tour Enterprises) detailing their award. Tyler Dennis, the PGA Tour’s chief competitions officer, later went on Golf Channel’s “Golf Today” to explain the process.

RELATED: Questions and Answers on the tour's new equity program

“There’s no other sports league in the world that has this significant number of their athletes as owners of their own sports organization,” Dennis said. “And we’re really excited about it because, ultimately, we want to do what’s right."

At the end of January the tour came to an agreement with the Strategic Sports Group for private investment, which coincided with the launch of PGA Tour Enterprises. The Enterprises division will house the PGA Tour’s commercial businesses and rights, as well as those of the DP World Tour. This will allow the tour to maximize revenue for itself and players while keeping the tour’s non-profit 501(c)(6) classification that carries tax exemptions for “business leagues, chambers of commerce, real estate boards, boards of trade, and professional football leagues” intact. SSG has pledged up to $3 billion to PGA Tour Enterprises with an initial $1.5 billion investment. Players were told they would receive equity into PGA Tour Enterprises, which the tour says has a valuation of $12 billion. The grants are based on playing accomplishments, future participation and tour status.

The grants were divided into four categories:

• Group 1 consists of $750 million in aggregate equity based on career performance, last 5-year performance, and Player Impact Program results. A total of 36 players were in this group.

• Group 2 consists of $75 million in aggregate equity and was granted to 64 players based on last 3-year performance.

• Group 3 consists of $30 million in aggregate equity and was granted to 57 players that have earned certain fully-exempt PGA Tour status categories.

• Group 4 consists of $75 million in aggregate equity and was granted to 36 players who were instrumental to building the modern PGA Tour, based on career performance.

There is an eight-year vesting period, where the grants will be worth 50 percent of their value after four years, 75 percent after six and the full amount at the end of eight. Not all players necessarily received a grant, although all—including young and future tour players—have the chance to receive grants down the line. An additional $600 million is earmarked towards these stakes. The $600 million will be awarded in recurring player grants of $100 million each year, starting in 2025.

“We want the players to be fully aligned with their organization,” Dennis said. “It’s something no other sport has done before and we’re seeing an incredible amount of excitement about that.”

The equity is essentially the tour’s answers to the opulent guaranteed payouts distributed by LIV Golf. Dennis did not say if LIV Golf members would get the chance to be a part of the equity should unification in the professional game ultimately come to fruition. The tour announced in January that the deal with SSG will allow for co-investment from PIF in the future, but there are antitrust regulations that need to be hurdled, and Congress has announced that its investigation into PIF and its investments in American businesses will continue.

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PGA Tour players learn how much loyalty is worth in new equity program

Tiger Woods waves after his final round at the Masters golf tournament at Augusta National Golf Club Sunday, April 14, 2024, in Augusta, Ga. (AP Photo/David J. Phillip)

Rory McIlroy, of Northern Ireland, waves after making a putt on the sixth hole during the second round of the RBC Heritage golf tournament, Friday, April 19, 2024, in Hilton Head Island, S.C. (AP Photo/Chris Carlson)

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Players who stayed loyal to the PGA Tour amid lucrative recruitment by Saudi-funded LIV Golf are starting to find out how much that loyalty could be worth.

The PGA Tour on Wednesday began contacting the 193 players eligible for the $930 million from a “Player Equity Program” under the new PGA Tour Enterprises .

The bulk of that money — $750 million — went to 36 players based on their career performance, the last five years and how they fared in a recent program that measured their star power.

How much they received was not immediately known. Emails were going out Wednesday afternoon and Thursday informing players of what they would get. One person who saw a list of how the equity shares were doled out said the names had been redacted. The person spoke to The Associated Press on condition of anonymity because many details of the program were not made public.

The Telegraph reported Tiger Woods was to receive $100 million in equity and Rory McIlroy could get $50 million, without saying how it came up with those numbers.

Commissioner Jay Monahan outlined the first-of-its-kind equity ownership program in a Feb. 7 memo to players, a week after Strategic Sports Group became a minority investor in the new commercial PGA Tour Enterprises.

The private equity group, a consortium of professional sports owners led by the Fenway Sports Group, made an initial investment of $1.5 billion that could be worth $3 billion. The tour is still negotiating with the Public Investment Fund of Saudi Arabia — the financial muscle behind the rival LIV Golf league — as an investor.

Any deal with PIF would most certainly increase the value of the equity shares.

Another person with knowledge of the Player Equity Program, speaking on condition of anonymity because of the private nature of the dealings, said the equity money is not part of the SSG investment. That money was geared toward growth capital.

Golf.com received a series of informational videos on the Player Equity Program that was sent to players and reported only 50% of the equity would vest after four years, 25% more after six years and the rest of it after eight years.

It also reported how the 36 players from the top tier were judged on “career points,” such as how long they were full members, victories, how often they reached the Tour Championship and extra points for significant victories.

Jason Gore, the tour’s chief player officer, said in one of the videos, “It’s really about making sure that our players know the PGA Tour is the best place to compete and showing them how much the Tour appreciates them being loyal.”

Emails also were sent to 64 players who would share $75 million in aggregate equity based on the past three years, and $30 million to 57 players who are PGA Tour members. Also, $75 million in equity shares was set aside for 36 past players instrumental in building the tour.

The program has an additional $600 million in equity grants that are recurring for future PGA Tour players. Those would be awarded in amounts of $100 million annually started in 2025.

Players only get equity shares from one of the four tiers now, although everyone would be eligible for the recurring grants.

Even with equity ownership geared toward making the PGA Tour better, the concern was players questioning who got how much and whether they received their fair share.

LIV Golf lured away seven major champions dating to 2018 since it launched in 2022, all with guaranteed contracts and most of them believed to have topped $100 million.

McIlroy, playing this week in the Zurich Classic of New Orleans, was asked how much would make players feel validated for their decision to stay with the PGA Tour.

“I think the one thing we’ve learned in golf over the last two years is there’s never enough,” McIlroy replied.

AP golf: https://apnews.com/hub/golf

Woods, McIlroy to receive loyalty payouts from PGA Tour, report says

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The Clutch Pro Tour will be included in the world ranking system, Official World Golf Ranking (OWGR) said on Thursday.

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Mathew Barzal, Islanders stay alive, beat Hurricanes in 2OT

Mathew Barzal scored 1:24 into the second overtime Saturday for the host New York Islanders, who avoided elimination in an Eastern Conference first-round series with a 3-2 win in Game 4 in Elmont, N.Y.

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ISPS HANDA - CHAMPIONSHIP

Taiheiyo Club, Gotemba Course, Gotemba, Japan

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