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The Masters Sets New Record with $20 Million Prize Pool
Augusta National has announced a groundbreaking $20 million prize purse for this year’s Masters tournament, marking a significant increase from previous years. The winner of the coveted green jacket on Sunday will walk away with a staggering $3.6 million, underscoring the tournament’s prestige and financial reward.
This substantial prize pool represents a notable escalation from last year’s $18 million total, which saw Spanish golfer Jon Rahm claim $3.24 million as the champion. The trajectory of prize money at the Masters reflects the tournament’s growing stature and financial clout in the world of professional golf.
A mere two years ago, Augusta National boosted the prize money from $11.4 million to $15 million for the 2022 Masters, a move that garnered attention across the golfing community. Scottie Scheffler emerged victorious in that edition and is now the current world number one, who currently shares the 36-hole Masters lead with fellow Americans Max Homa and Bryson DeChambeau.
The rewards for success at the Masters extend beyond the winner’s circle, with significant payouts for runners-up and top finishers. This year’s runner-up will take home a substantial $2.16 million, while third place will earn a respectable $1.36 million, highlighting the financial stakes involved in the tournament.
However, while the Masters’ prize pool reaches unprecedented heights, it still falls short of other major golfing events. The Saudi-backed LIV Golf League and the PGA Tour’s Players Championship, for instance, have offered even larger prize purses, further illustrating the competitive landscape of professional golf.
A decade ago, the Masters’ purse was a fraction of its current size, standing at just over $9 million. The exponential growth in prize money underscores the tournament’s evolution and enduring appeal as one of golf’s most prestigious events.
As the Masters continues to captivate audiences and showcase the world’s best golfers, its record-breaking prize pool serves as a testament to its enduring legacy and global significance in the realm of sports.
