Breaking :2024: Prize money payouts at Valhalla hit another record-breaking number .. statistics below ⬇️ ⬇️

Breaking :2024: Prize money payouts at Valhalla hit another record-breaking number .. statistics below ⬇️ ⬇️

sign of the times in men’s professional golf. The question wasn’t whether the PGA of America was going to increase its prize money payout for each golfer at this year’s PGA Championship to another record payday. Risather, 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 Schauffele birdied the 72nd hole to shoot 65 at Valhalla Golf Club in Louisville to take home $3.33 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 Kiawah, $3 million more for the 2022 PGA at Southern Hills and another $2.5 million for the 2023 PGA at Oak Hill.

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:


1916: $500, $2,580 (first year of the event)
1931: $1,000, $7,200 (first year winner’s pay increased)
1953: $5,000, $20,700 (first year winner’s pay was $5K)
1958: $5,500, $39,388 (first year of stroke play; winner’s amount actually decreased that year)
1965: $25,000, $149,700
1978: $50,000, $300,240
1983: $100,000, $608,099
1988: $160,000, $1,000,000 (first year with a $1M total purse)
1993: $300,000, $1,702,750
1998: $540,000, $2,886,800
2000: $900,000, $5,031,100 (first year with a $5M total purse)
2003: $1,080,000, $5,938,300 (first year with $1M-plus to the winner)
2009: $1,350,000, $7,484,500
2014: $1,800,000, $9,913,000
2018: $1,980,000, $11,000,000
2021: $2,160,000, $12,000,000
2022: $2,700,000, $15,000,000
2023: $3,150,000, $17,500,000

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