SUBSCRIBE TO Golf Digest Plus Logo
SUBSCRIBE
Money

A record number of tour pros made $1 million in 2023

Scottie Scheffler poses with the $3.6 million first-place check after his victory at the WM Phoenix Open in February. Scheffler broke the single-season prize money payout record on tour by earning $21.01 million during the 2022-23 season.

Ben Jared

There’s no getting around the matter of money in men’s professional golf. The launch of LIV Golf and its $20 million tournament prize money payouts has had a cascading effect on the PGA Tour purses, exponentially increasing the amount top performers earn in a given year. That, meanwhile, has impacted rank-and-file players, too, with a proverbial rising tide that has lifted all boats.

At LIV Golf, Talor Gooch wrapped up the 2023 season with three wins in 13 starts, making $35.3 million individually when you include a $18 million bonus as the circuit’s top points earners. What makes that number so notable is when you take into account that Gooch, 32, earned $9.25 million during his PGA Tour career … in 123 starts.

In turn, Scottie Scheffler set an all-time PGA Tour record for prize money earned, winning $21,014,342 in tournament paydays while playing in 23 events. That shattered the tour’s previous single-season record, set a year ago by Scheffler with $14.04 million. (And that broke the previous record, set by Jordan Spieth in 2015, of $12.03 million.) The introduction of more than a half dozen “designated” events with $20 million purses in 2023 helps explain Scheffler’s exponential leap. Meanwhile, we’re not even including the FedEx Cup bonus money handed out as well. Viktor Hovland banked $32.1 million when you add his $18 million for winning the overall title during the Tour Championship in August to his own on-course earnings. (Next year the FedEx Cup champ makes a $25 million bonus.)

But here’s where the lifting-all-boats part comes into effect. On the LIV Tour, 49 golfers started in at least six events in 2023, and all 49 made more than $1 million for the year. And during the 2022-23 PGA Tour season, a record number of players—139 in total—earned more than $1 million. That’s up from 126 for the 2021-22 season and 124 from the 2020-21 season.

There was an even bigger percentage jump on the PGA Tour of people making $2 million this season compared to years past. In 2022-23, 87 players collected at least that much in on-course earnings, up from 64 in 2021-22 (a 35.9 percent increase) and 68 in 2020-21 (27.9 percent).

It’s unclear what will shake out of a possible deal between the PGA Tour and LIV Golf’s financial backer, the Public Investment Fund of Saudi Arabia, as negotiations for the creation of a for-profit company that will also include the DP World Tour race toward a Dec. 31 deadline. Regardless of the outcome, it seems certain the money will continue to be flowing. And the number of men’s pro golfers making $1 million isn’t likely to decline anytime soon.

Golf Digest Logo

The Hit List

The best of Golf Digest delivered daily

Sign Up

Will be used in accordance with our PRIVACY POLICY

Share story