405 Million Dollar – LIV Golf prize money reaches new heights
02/22/2023 by Golf Post Editors
The responsible persons around Greg Norman increase the LIV Golf prize money for the second season of the event series. High bonuses await the winners.
LIV Golf prize money reaches new heights. (Photo: Getty)
The sums involved can make your head spin. In its second season, the LIV Golf Invitational Series is handing out a whopping 405 million US dollars in prize money to individual players and teams. Even the last-place finisher in the individual rankings receives more for a tournament than the “average consumer” earns in a year. Four million dollars await the winners of the respective events.
25 million dollars LIV Golf prize money per event
The first of 14 events in the LIV Golf Invitational Series will start in Mexico on February 24, 2023. The Saudi circuit had already made no secret last year that the prize money would be lavish. If you add up all the prize money for the second year of the LIV Golf Tour, the total comes to 405 million US dollars. That this is significantly more than last year is due to the fact that there will now be 14 events instead of eight.
As is well known, the LIV Golf Events are played in individual and team format. Each of the 14 events will be endowed with 25 million dollars, 80 percent of which will go to the individual competition. A prize purse of $4 million awaits the winners of each individual format. By comparison, Scottie Scheffler received about $2.7 million for his victory at the 2022 Masters, perhaps the greatest of all golf tournaments. In the LIV Golf Invitational Series, there’s almost 1.5 times that for each “trade” tournament. Even 48th place, the last-place finisher in the individual standings, will receive a prize purse of $120,000 for every single LIV Golf event in 2023. In the team standings, the winning team will receive $3 million per event – so each player will get an additional $750,000 in hand money.
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Bonus payments crown LIV Golf prize money
A team championship is also played out over the entire LIV Golf season. Whoever comes out on top at the end of the year will receive, who would have thought, another bonus: $16 million in prize money for the winning team – so that’s an additional $4 million for each of the four team members.
If you’re still not dizzy from all the money, you can take a look at the bonus payouts for the best individual players. Here, too, those responsible are making another 30 million dollars loose. The best player of the whole season will receive 18 million, the second best eight and the third best four. For Martin Kaymer, Dustin Johnson & Co., the new LIV season will bring a lot of money into the coffers.
LIV Golf Prize Money 2023
| Ranking | Prize money in US-Dollar |
|---|---|
| 1. | 4.000.000 |
| 2. | 2.125.000 |
| 3. | 1.500.000 |
| 4. | 1.050.000 |
| 5. | 975.000 |
| 6. | 800.000 |
| 7. | 675.000 |
| 8. | 625.000 |
| 9. | 580.000 |
| 10. | 560.000 |
| 11. | 540.000 |
| 12. | 450.000 |
| 13. | 360.000 |
| 14. | 270.000 |
| 15. | 250.000 |
| 16. | 240.000 |
| 17. | 232.000 |
| 18. | 226.000 |
| 19. | 220.000 |
| 20. | 200.000 |
| 21. | 180.000 |
| 22. | 172.000 |
| 23. | 170.000 |
| 24. | 168.000 |
| 25. | 166.000 |
| 26. | 164.000 |
| 27. | 162.000 |
| 28. | 160.000 |
| 29. | 158.000 |
| 30. | 156.000 |
| 31. | 154.000 |
| 32. | 152.000 |
| 33. | 150.000 |
| 34. | 148.000 |
| 35. | 146.000 |
| 36. | 144.000 |
| 37. | 142.000 |
| 38. | 140.000 |
| 39. | 138.000 |
| 40. | 136.000 |
| 41. | 134.000 |
| 42. | 132.000 |
| 43. | 130.000 |
| 44. | 128.000 |
| 45. | 126.000 |
| 46. | 124.000 |
| 47. | 122.000 |
| 48. | 120.000 |
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