PGA Tour plans to add eight $ 20 million tournaments in 2023 as an attempt to combat LIV Golf, according to a report

The PGA Tour has responded – several times and in different ways – to the emerging LIV Golf League. Their latest opposition to the LIV, which hijacks a handful of stars and multiple big winners, is a reported plan to add a schedule of eight events to the annual calendar totaling $ 160 million to grab among the top 50 players from last season.

According to Golf Digest, the PGA Tour is likely to overlap with currently planned events with these eight tournaments distributed throughout the season.

From next year, the PGA Tour schedule will include eight limited flight races without deletion, with portfolios of $ 20 million or more each, for the top 50 finalists in the previous season’s FedEx Cup rankings. Some of these events will be in the center of the season, while others will be in the fall. Those outside the top 50 will compete in an alternative series of tournaments, where they will fight to keep their cards and gain better status for next season.

This change in structure will happen in connection with the return of the tour to a season based on the calendar year, something that Golf Digest announces that it is considering. The tour went from a calendar-based schedule to an overall campaign in 2013-14.

This move will create tournaments that are virtually the same as the events of the World Golf Championship, which were created two decades ago. There will be twice as many big-money events as there are WGCs, and they will be harder to get into because they are limited to the top 50 of the FedEx Cup last season.

However, the effect is the same. This is a direct monetary rebuttal to LIV Golf, which plans double-digit tournaments of $ 25 million next year ($ 20 million for individuals, $ 5 million for teams).

What is fascinating is how much money is thrown here. The only event on the PGA Tour that is currently equivalent to this purse size is the $ 20 million Players Championship. The biggest current big championship is the US Open, which has just raised to $ 17.5 million in Brooklyn.

This is essentially how other sports leagues work. Players receive pay during the regular season and then go down in the playoffs.

The other interesting part of this development is that there was no obvious impetus from the players to do so. Part of the appeal of LIV Golf is that golfers can play fewer events for more guaranteed money in the form of contracts. It doesn’t matter where Dustin Johnson and Bryson DeShambo end up at LIV Golf events, because they get paid in both cases. This move on the PGA Tour would potentially make the stars play more tournaments than they already play – depending on how many current events are simply promoted and how many are added during the year – without any contractually guaranteed money.

“I think there are enough programs that benefit the top players right now, the PIP program, the Comcast Top-10, the FedExCup bonus, all of these things are designed to put more money in the pockets of the best players,” said Rory McIlroy. at the Wells Fargo Championship last month. “You play the best and the cream should rise to the top by the end of the year. That’s why Comcast Top-10, the FedExCup bonuses are so high. And then you add the PIP out there for the people who make the biggest impact on the tour. “

Now the best players may need to add to their schedules to accumulate their wealth from the regular season. Part of the reason for this is that the PGA Tour is a 501c organization (6), which means it is tax-exempt and therefore needs to be creative with the way it pays its constituents.

This new league of eight league tournaments is part of that and should help us take care of the best players in money, which the PGA Tour believes will probably dampen the outflow of players to LIV Golf.

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