PGA Tour ‘HOLDS OFF on plans for three-event global series, raising the purses at 13 tournaments’

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PGA Tour ‘HOLDS OFF on plans for three-event global series with purses as high as $25m… choosing to RAISE the ones at 13 tournaments including The Players, the Memorial, and the Arnold Palmer Invitational’

  • Initial plans to have a series with huge purses have reportedly been tabled
  • The money planned for those events will be given to others on the calendar
  • Commissioner Jay Monahan’s changes will see top players in 20 events a year

As it competes with LIV Golf to try and keep players, the PGA Tour is addressing the ways it can change its calendar and offer more money to athletes.

The Tour was considering a plan to host a global series of three events featuring top players and large purses, but that has been set aside for now, according to ESPN.

Purses at these events would be as much as $25million featuring the top 50 players in the standings for the FedEx Cup and the best performers at some events from the fall.

Plans for these tournaments that featured limited fields and no cuts were announced in early August, but did not have dates or locations attached.

Instead of that limited series, the PGA Tour will reportedly increase the size of the purses for 13 tournaments with an average size of $20m for each.

The PGA Tour reportedly won’t be expanding plans of an international series any time soon

Those 13 tournaments will be some of the more popular events on the tour calendar including the Sentry Tournament of Champions, Genesis Invitational, Arnold Palmer Invitational, The Players Championship, the Memorial Tournament, WGC-Dell Technologies Match Play, and four additional tournaments that will be on a rotating basis through existing events.

PGA Tour commissioner Jay Monahan has made a number of changes in an attempt at keeping players happy and where they currently are.

The tour guaranteed a minimum salary of $500,000 to rookies, which can be received up front, and lower-ranked players will get a $5,000 stipend for each missed cut.

Commissioner Jay Monahan initially announced the plans at Travelers Championship in June

Commissioner Jay Monahan initially announced the plans at Travelers Championship in June

Additionally, the top players have committed to playing at least 20 tournaments per year – which can include the four majors.

The initial announcement of the international series came at the Travelers Championship in Connecticut back in June at a press conference.

Following the 2023 calendar, the Tour plans to return to a streamlined schedule running from January to August.

Monahan's schedule changes will allow top players to earn more and compete in select events

Monahan’s schedule changes will allow top players to earn more and compete in select events

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