As the PGA Tour faces its largest risk from the LIV Golf Invitational Sequence, it introduced the 2022-23 timetable on Monday with $415 million in prize revenue and another $145 million in bonuses, which include $75 million for the event. FedExCup.
The 2022-23 timetable, unveiled by the PGA Tour on Monday, consists of 44 formal common-period tournaments, four majors and three FedExCup Playoff functions.
Last week, LIV Golfing, which is funded by Saudi Arabia’s General public Financial investment Fund, declared that it will develop the series to 14 tournaments by 2023, with 48 players in four-gentleman groups competing for $405 million in prize dollars.
LIV Golfing has lured previous majors champions this kind of as Dustin Johnson, Phil Mickelson, Brooks Koepka and Patrick Reed with confirmed contracts really worth among $100 million and $200 million, in addition to purses for the gatherings.
The future PGA Tour season will be the previous applying the wraparound structure. The tour is returning to a calendar-12 months agenda commencing in 2024.
Between other significant adjustments: Only 70 players experienced for the first FedEx Cup playoff tournament at the FedEx St. Jude Championship in Memphis, Tennessee. 50 at the BMW Championship in Olympia Fields, Illinois and 30 in the Tour Championship at East Lake Golf Club in Atlanta.
“We’ve heard from our supporters and the overwhelming emotion is that they want much more consequence for both the FedExCup common season and playoffs and to reinforce the occasions that typically pit the top rated gamers in opposition to every other,” PGA Tour Commissioner Jay Monahan claimed in a statement. “We feel like we’ve accomplished all of these aims and additional, developing compelling drama each individual period through the period.”
Immediately after the FedExCup Playoffs in August 2023, an as-however-undetermined number of official tour occasions will consider position in the tumble. Even though all rated gamers are qualified to enjoy in those tournaments, these outdoors the top rated 70 will compete for FedEx Cup details and rating for the 2024 year. The major 70 players who qualify for the initial FedExCup Playoffs function will be thoroughly exempt for the following time.
Soon after the tournament, the top 50 gamers in the FedExCap points standings and top rated performers from the fall will compete in a collection of confined-court docket, reduce-off video games. Dates and spots for the drop occasions and international series will be announced later on this yr, according to the tour.
Next season’s PGA Tour schedule involves 6 invitationals — the Event of Champions, the Genesis Invitational, the Arnold Palmer Invitational, the Memorial Event, The Gamers and the WGC-Dell Technological know-how Match Play — with purses totaling $43.8 million. The to start with two FedExCup Playoffs occasions will see a soar in prize dollars from $15 million to $20 million.