El PGA Tour announced this Wednesday a notable increase in the prizes of eight circuit tournaments, several of them almost multiplied by two compared to this year, according to their report. Commissioner Jay Monahan at a press conference in Cromwell (Connecticut, USA).
Monahan was blunt when talking about LIV Golf competitionthe new millionaire league supported by the Saudi government that has been made in recent weeks with stars such as the Spanish Sergio García or the Americans Dustin Johnson and Bryson DeChambeau, defining it as an “irrational threat” that is trying to “buy golf” .
In the midst of this storm, the PGA announced changes to prize money for events like ‘The Players Championship’. In particular, the prizes will go from the 20 million dollars distributed in 2022 to the 25 million at stake in the 2023 edition of ‘The Players’.
It also highlights the increase in the prizes of the ‘Genesis Invitational’, ‘Arnold Palmer Invitational’, ‘WGC’ y el ‘Memorial Tournament’which will go from twelve to 20 million dollars.
Also, the ‘BMW Championship’ go from fifteen to twenty million in prizes and the ‘Sentry Tournament of Champions’ reach 15 million, after the 8.2 distributed this year.
With significant economic incentives and prizes for its players, the LIV aspires to organize a circuit that rivals the US-based Tour in quality and prestige.
“I want to be clear, I am not naive, If this is a war and the only weapon is dollars, the PGA Tour, an American institution, cannot compete with a monarchy that spends millions trying to buy golf.”Monahan told a news conference.
“Healthy competition is welcome. LIV Golf is not that. It is an irrational threat.”which is not interested in the income from an investment or in the real growth of the game,” he added.
He also considered that “when someone tries to buy the sport, break the institutions that have always invested in its growth, and focus only on individual priorities”, the essence of golf is lost and he believes that players can become “employees” that LIV takes advantage of to “achieve its own goals”.