The Claret Jug arrives at Royal Liverpool for the 2023 Open Championship.
PAUL ELLIS/AFP via Getty Images
Big money is pouring into the game of golf right now, with the pros on the PGA Tour reaping some serious paydays. While the Open Championship purse has lagged far behind the other majors and this year’s designated events, that’s all about to change.
On Wednesday, the R&A announced a massive Open Championship purse increase for next week’s event at Royal Liverpool. The total purse will jump an impressive 18% to $16.5 million.
This year’s winner, who will hoist the historic Claret Jug as the Champion Golfer of the Year, will receive an Open-record $3 million.
And the winner isn’t the only one whose bank account will experience some major growth at Royal Liverpool.
The runner-up will receive $1,708,000, and third place will also break the seven-figure mark, earning $1,095,00. You have to go all the way down to 32nd for the winnings to drop below $100,000.
While the Open has made up some serious ground in the last two years, other events feature even bigger purses.
The PGA Tour’s many designated events this season topped most of the majors in terms of prize money, with $20 million purses and $3.6 million winner’s shares.
But far and away the largest purse on the PGA Tour for years has been found at the Players Championship. The 2022 Players was the first tournament in which the winner’s share surpassed $3 million. But this year’s Players Championship broke records yet again, with winner Scottie Scheffler getting a whopping $4.5 million out of a $25 million purse.
The 2023 Open Championship begins next Thursday, July 20, at historic Royal Liverpool in England. You can check out the complete purse and payout breakdown below.
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