The PGA Tour 2022-23 season has already teed off with far-reaching changes in the schedule as the Tour fights off rivalry from LIV Golf. Yesterday, Max Homa retained the Fortinet Championship trophy, the first event on the calendar, after carding -16 to beat Daniel Willet by one shot.
Here are some of the changes that will define the new season which runs till August 2023:
Elite Players fund
The PGA Tour has identified top 20 players under the Player Impact Program. Under the program, $100 million prize fund has been set aside to reward these players.
The 20 Elite Players must face-off in 17 mandatory events. These include the four majors, the Players Championship and 12 “elevated events” with average purses of $20m and any other three PGA Tour events.
All fully-exempt players will earn a minimum of $500,000 under the new “Earnings Assurance Program”. Rookies and returning members will receive the money upfront while established players will receive the cash at the end of the season, less their earnings. The players must play at least 15 events to earn the minimum.
Stipends for Rookies
Players who aren’t fully exempt but have some PGA Tour status will receive a $5,000 stipend every time they play an event and miss the cut to cater for travel and tournament-related expenses.