El PGA Tour announced this Wednesday a notable increase in the prize money of eight tournaments on the circuit, several of them almost doubled compared to this year, according to their Commissioner Jay Monahan at a press conference in Cromwell (Connecticut, USA).
Monahan was blunt when talking about LIV Golf competitionthe new millionaire league supported by the Saudi government that has been made in recent weeks with stars such as the Spanish Sergio García or the Americans Dustin Johnson and Bryson DeChambeau, defining it as an “irrational threat” that is trying to “buy golf” .
In the midst of this storm, the PGA announced changes to prize money for events such as ‘The Players Championship’. In particular, the prizes will go from the 20 million dollars distributed in 2022 to the 25 million at stake in the 2023 edition of ‘The Players’.
It also highlights the increase in the prizes of the ‘Genesis Invitational’, ‘Arnold Palmer Invitational’, ‘WGC’ y el ‘Memorial Tournament’which will go from twelve to 20 million dollars.
In addition, the ‘BMW Championship’ will go from fifteen to twenty million in prizes and the ‘Sentry Tournament of Champions’ will reach 15 million, after the 8.2 distributed this year.
This prize increase comes at a time of tension in international golf, after several PGA Tour stars decided to move to LIV Golf.
With significant economic incentives and prizes for its players, the LIV aspires to organize a circuit that rivals the quality and prestige of the US-based Tour.
“I want to be clear, I am not naive, If this is a war and the only weapon is dollars, the PGA Tour, an American institution, cannot compete with a monarchy that spends millions trying to buy golf.”Monahan told a news conference.
“A healthy competition is welcome. LIV Golf is not that. It is an irrational threatwhich is not interested in the income from an investment or in the real growth of the game,” he added.
He also considered that “when someone tries to buy the sport, break the institutions that have always invested in its growth, and focus solely on individual priorities”, the essence of golf is lost and he believed that players can become “employees” that the LIV takes advantage of to “achieve their own goals.”