Sea Island, GA (SportsNetwork.com) - The purses for the PGA Championship and
Players Championship will reach $10 million next year, making them the richest
tournaments in golf.
The PGA Championship's purse will be increased by $2 million and the Players
Championship's by $500,000 to reach the benchmark.
The purse hikes were announced in a press conference Wednesday ahead of the
The McGladrey Classic by PGA of America president Ted Bishop and PGA Tour
commissioner Tim Finchem.
Bishop and Finchem heralded an era of increased cooperation between the two
organizations, with Finchem saying the dual announcement showed what regular
communication between them can accomplish.
The PGA of America oversees the PGA Championship. Without a major to call its
own, the PGA Tour's biggest event has been the Players Championship at TPC
Sawgrass in Ponte Vedra Beach, Fla.
The Sports Network