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British Open 2024: Champion Golfer of the Year to receive record amount from largest purse

TROON, Scotland — The winner of The 152nd British Open at Royal Troon will receive $3.1 million in prize money, the R&A announced on Monday.

The Champion Golfer of the Year will bank the highest amount in Open history as it returns to the renowned Ayrshire links for the 10th time.

The R&A announced that the total prize fund will be $17 million, a $500,000 increase on 2023.

“The R&A has a responsibility to strike a balance between maintaining the Open’s position in the global game, providing the funds required for governance and developing amateur and recreational golf in 146 countries internationally,” Martin Slumbers, CEO of The R&A, said in a press release.“We have to make choices if we want to continue to build on the significant growth in participation that is essential for golf’s future.”

Slumbers, who steps down from his position after a decade on the job later this year, noted that the rapid purse increase in the last few years can’t continued unabated.

“We remain concerned about the impact substantial increases in men’s professional prize money are having on the perception of the sport and its long-term financial sustainability,” he said. “We are determined to act with the interests of the global game in mind as we pursue our goal of ensuring golf continues to thrive in 50 years’ time.”

Prize money

Place

USD

Place

USD

1

$3,100,000

36

$88,700

2

$1,759,000

37

$84,600

3

$1,128,000

38

$80,300

4

$876,000

39

$77,400

5

$705,000

40

$74,900

6

$611,000

41

$71,800

7

$525,000

42

$68,300

8

$442,500

43

$65,200

9

$388,000

44

$61,500

10

$350,600

45

$58,000

11

$319,200

46

$55,000

12

$282,800

47

$52,800

13

$266,000

48

$50,700

14

$249,000

49

$48,400

15

$231,000

50

$47,200

16

$212,700

51

$46,200

17

$202,400

52

$45,400

18

$193,000

53

$44,700

19

$184,900

54

$44,000

20

$176,200

55

$43,300

21

$168,000

56

$42,700

22

$159,600

57

$42,300

23

$151,000

58

$42,000

24

$142,600

59

$41,700

25

$137,800

60

$41,400

26

$131,800

61

$41,200

27

$127,000

62

$41,000

28

$122,600

63

$40,800

29

$117,300

64

$40,600

30

$111,200

65

$40,300

31

$107,600

66

$40,000

32

$102,100

67

$39,700

33

$98,500

68

$39,400

34

$95,700

69

$39,100

35

$92,400

70

$38,900

Prize Money shall be allocated only to professional golfers.

Players finishing solo 32 and better shall earn six figures for their week’s work. If more than 70 professional golfers qualify for the final two rounds, additional prize money will be added. Prize money will decrease by $125 per qualifying place above 70 to a minimum of $37,650.

Players who miss the cut after two rounds won’t go home empty-handed: Leading 10 professional golfers and ties will receive $12,350;the  next 20 professional golfers and ties $10,300; remainder of professional golfers and ties $8,750.

Story originally appeared on GolfWeek