Sports News | Masters Raises Purse to $21 Million. Winner Gets $4.2 Million
Get latest articles and stories on Sports at LatestLY. The Masters has raised its prize money by $1 million for this year, making the total purse $21 million with $4.2 million going to the winner.
Augusta (USA), Apr 12 (AP) The Masters has raised its prize money by $1 million for this year, making the total purse $21 million with $4.2 million going to the winner.
The winner also gets something he might find more valuable: a Masters green jacket.
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Scottie Scheffler won $3.6 million last year.
The Masters will pay $52,920 to 50th place and incrementally less to the other three players below that who made the cut.
The Masters also pays professionals $25,000 even if they miss the cut. The U.S. Open last year began paying professionals $10,000 if they missed the cut.
Prize money at the four majors has been increasing in small amounts over the last several years. Ten years ago, Jordan Spieth earned $1.8 million for his Masters victory when the total prize fund was $10 million.
The Players Championship remains the richest tournament with a $25 million purse, with $4.5 million won by Rory McIlroy last month. The PGA Tour goes to the RBC Heritage in South Carolina next week with a $20 million purse ($3.6 million for the winner) as a signature event. (AP) AM
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)