From April DB Insurance Open to November LG Signature, an 8-Month Journey: Genesis Championship with the Largest Total Prize Money of 1.5 Billion KRW

Koo Ja-chul, KPGA President

Koo Ja-chul, KPGA President

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[Asia Economy Reporter No Woo-rae] '17 tournaments, total prize money of 13.5 billion KRW + α.'


This is the 2021 Korean Tour schedule announced by the Korea Professional Golfers' Association (KPGA) on the 17th. Last year, due to the spread of COVID-19, the tour was reduced to 11 tournaments with a total prize money of 9.4 billion KRW, but this year it has returned to its previous scale. The record for the most tournaments in the Korean Tour history is 20 tournaments (11.4 billion KRW) in 2008, and the record for the highest total prize money is 14.3 billion KRW (17 tournaments) in 2018. If the two tournaments currently under negotiation are confirmed, the total prize money could become the highest ever depending on the prize scale.


Chairman Koo Ja-chul expressed regret over the late announcement of the new season schedule, saying, "We will finalize the negotiations for the tournaments still under discussion as soon as possible to ensure smooth operation." He added, "We will do our utmost to ensure safety and quarantine measures due to COVID-19," and "We will create a virtuous cycle structure that develops steadily." The opening event is the 16th DB Insurance Promy Open (total prize money 500 million KRW) held on April 15 at Oak Valley Golf Club in Wonju, Gangwon Province.


The grand journey lasts for eight months until the final event, the LG Signature Players Championship (total prize money 1 billion KRW), held on November 4 at Seowon Valley Golf Club in Paju, Gyeonggi Province. There are eight tournaments with total prize money of 1 billion KRW or more. The Genesis Championship on October 7 boasts a total prize money of a whopping 1.5 billion KRW, welcoming players with the largest prize money this year as well. The Bizplay Electronic Times Open on September 2 increased its prize money by 200 million KRW from last year's 500 million KRW to 700 million KRW.


The 40th GS Caltex Maekyung Open on May 6 and the 63rd Kolon Korean Open on June 24 (both with total prize money of 1.2 billion KRW), organized by the Korea Golf Association (KGA), follow. The KPGA Championship (total prize money 1 billion KRW) will be held on August 12 at A-One Golf Club in Yangsan, Gyeongnam, and the 37th Shinhan Donghae Open (total prize money 1.4 billion KRW) will take place on September 9 at Bears Best Cheongna Golf Club in Incheon. The Hyundai Marine & Fire Insurance Choi Kyung-ju Invitational (total prize money 1 billion KRW) is scheduled for September 30 at Ferrum Golf Club in Yeoju, Gyeonggi Province.



Korean Tour '17 Tournaments, Total Prize Money of 13.5 Billion KRW+α' View original image


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