How much money will the winner receive in the LIV Golf Portland purse and payout schedule?
How much money will the winner receive in the LIV Golf Portland purse and payout schedule? When PGA Circuit commissioner Jay Monahan claimed that the LIV Golf tour was ‘making an attempt to buy the game of golf,’ he wasn’t joking. He only needs to mention the LIV Golf Portland purse to prove his point.
The second LIV Golf tournament is expected to bring in just as much money as the first one did. Four golfers will leave the second tournament for the Saudi-backed start-up as millionaires, and each golfer in the 48-man field will likely walk away with at least $120,000.
Similar to LIV Golf London, LIV Golf Portland is anticipated to offer the largest purse of any PGA Tour event in 2022. Even though LIV Golf only had 48 players play 54 holes, most major tournaments had 150+ competitors and played 72 holes, and the total earnings of each of golf’s four major tournaments are dwarfed by it.
Indeed, LIV Golf has enormous purses, but how much money is actually on the line at Pumpkin Ridge Golf Club? The 2022 LIV Golf Portland prize money is broken down in the table below.
There will be a $25 million purse available for all eight LIV Golf competitions. The 2022 U.S. Open, the most prestigious major on the PGA Tour, has a prize of $17.5 million, which is $7.5 million more than LIV Golf Portland’s purse. Because of LIV Golf’s high payouts, the PGA Tour has announced bigger purses for eight events next season. $20 million will be awarded in prize money for these competitions.
How much is awarded to the winner?
A winner’s share of $4 million will be awarded to the LIV Golf Portland champion. 16 % of the total prize money for the event is represented by it.
The four winning team members will each receive an additional $750,000 in addition to their prizes. So, at a single LIV Golf event, golfers can earn up to $4.75 million.
The winner of LIV Golf Portland will earn a check for $4 million, but as part of the $25 million purses, the runners-up in second through fourth will each receive at least $1 million.
Golfers in ties will split the prize money equally. For instance, if two golfers tie for second place, the prize money for second and third would be pooled and distributed equally between the two. Each would get $1,812,500 in this scenario.
How much money will the winner receive in the LIV Golf Portland purse and payout schedule?