[Golf Topic] This Year's The Open "Total Prize Money 18.2 Billion KRW, Winner's Prize 3.25 Billion KRW"

[Asia Economy Kim Hyun-jun, Golf Specialist Reporter] ○…The total prize money for this season's final major, The Open Championship, is set to increase to $14 million (18.2 billion KRW)...

The Royal and Ancient Golf Club of St Andrews (R&A), which organizes the tournament, announced on the 10th (Korean time) that "this year's Open total prize money will be $14 million, a 22% increase from last year's $11.5 million, with the winner's prize at $2.5 million." This aligns with the scale of the previous three majors. The first major, The Masters in April, and the second major, the PGA Championship in May, each had $15 million (approximately 19.5 billion KRW), while the third major, the US Open, increased to $17.5 million (22.75 billion KRW).

It is interesting that this is seen as an impact of LIV Golf, sponsored by Saudi Arabia's Public Investment Fund (PIF). The PGA Tour has already announced that "three special matches with a total prize money of $25 million will be created for the 2023 season, and the existing eight events will increase their prize money to over $20 million." These three special matches will feature only the top 60 players in the FedEx Cup points ranking, played without a cut. This is very similar in prize money and style to LIV Golf, which fields exactly 48 players.

There are also plans to completely revamp the so-called 'fall series,' which begins every September for the next season. Players have expressed dissatisfaction, saying "we cannot rest immediately after the playoffs (PO) because the new season starts right away." 'PO champ' Patrick Cantlay expressed support, stating "To beat LIV Golf, players must be guaranteed maximum rest," and many players including Harris English (both from the U.S.) welcomed the new system, saying "There are actually too many tournaments right now" and "We look forward to the new system."

This content was produced with the assistance of AI translation services.