Where Does The FedEx Cup Prize Money Come From?

by | Last updated on January 24, 2024

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PGA Tour Championship purse for 2021

The money comes from the FedEx Cup bonus pool after 2019 , when the FedEx Cup aligned with the Tour Championship. The top 150 players end up with some chunk of change, with No. 150 player Satoshi Kodaira still earning $70,000 from that pool.

Where does FedEx Cup money come from?

PGA Tour Championship purse for 2021

The money comes from the FedEx Cup bonus pool after 2019 , when the FedEx Cup aligned with the Tour Championship. The top 150 players end up with some chunk of change, with No. 150 player Satoshi Kodaira still earning $70,000 from that pool.

How is the FedEx Cup winner paid?

Playoff rewards

As of 2019, the player with the most points after the Tour Championship wins the FedEx Cup itself and $15 million of a $70 million bonus fund . The runner-up gets $5 million, 3rd place $4 million, 4th place $3 million, 5th place $2.5 million, and so on down to $70,000 for 126th through 150th place.

Is the FedEx Cup money an annuity?

It is not an annuity . Sometime after the Tour Championship, the winner of the FedEx Cup will have $10 million placed in his tour-based retirement account. That’s tax free. And the money can be invested in as many as 15 different options.

What is the purse for the 2020 FedEx Cup?

Winner’s Bag Winner’s Bag: Patrick Cantlay, TOUR Championship Patrick Cantlay edged out Jon Rahm by one shot to win the TOUR Championship and claim the FedExCup. It’s his second win in a row and fourth win in an incredible 2020-2021 season for Cantlay.

Has any golfer won the FedExCup twice?

McIlroy finished off a spectacular season with his second FedExCup title. ... With his triumph at East Lake, he became the second player to win multiple FedExCup titles and recorded his 14th top-10 finish of the year, capping a remarkably consistent season.

How is FedExCup scored?

FedEx Cup points system

Winners at regular PGA Tour events earn 500 FedEx Cup points; winners at any of the four majors or The Players win 600 points; winners at the World Golf Championships earn 550 points. For any PGA Tour events played opposite the WGC or majors, the winner earns 300 points.

How much does FedEx pay to sponsor PGA?

Although the financial terms of the agreement, which runs until 2027, were not released, the UK’s Daily Mail newspaper reports that FedEx will be paying US$650 million to the PGA Tour over the decade-long deal.

How many players make the FedEx Cup playoffs?

At the conclusion of the season, the top 125 players in the FedExCup standings will be eligible to play in the FedExCup Playoffs, a series of three events. Points earned during the PGA TOUR Regular Season carry over to the Playoffs.

How much money does the winner of the BMW Championship get?

The win earned Cantlay the top-prize of $1,710,000 while DeChambeau will take home $1,026,000.

Can you win the Tour Championship and not the FedEx Cup?

The player with the lowest total score will win the FedExCup and be credited with an official victory in the TOUR Championship competition. The FedExCup points leader after the first two Playoffs events will begin the TOUR Championship at 10-under par.

Who won FedEx Cup 2021?

Patrick Cantlay, Clutch Again, Wins the 2021 FedEx Cup and a Cool $15 Million. ‘Patty Ice’ won the Tour Championship by a shot over Jon Rahm at East Lake to earn the first-place prize in the 2021 FedEx Cup playoffs.

How much is Jordan Spieth worth?

At 27 years old, championship golfer Jordan Spieth has acquired a net worth of $110 million , largely from endorsement deals and tournament winnings, according to CelebrityNetWorth.com.

Has Dustin Johnson ever won the FedEx Cup?

In August, Johnson won the first FedEx Cup playoff event , The Northern Trust, his 16th Tour title and his tour-leading fourth title of the season. This was the first time that he had won more than three Tour titles in the same season.

Did Dustin Johnson win the FedEx Cup?

Johnson lost in a playoff the next week to Jon Rahm at the BMW Championship and then won the Tour Championship to clinch the FedEx Cup . He has six victories in the FedEx Cup Playoffs, the most all-time in the 14 seasons of the playoffs.

Rachel Ostrander
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Rachel Ostrander
Rachel is a career coach and HR consultant with over 5 years of experience working with job seekers and employers. She holds a degree in human resources management and has worked with leading companies such as Google and Amazon. Rachel is passionate about helping people find fulfilling careers and providing practical advice for navigating the job market.